Monday, June 23, 2025

Business

Sanpchat Acquires Saturn, a Social Calendar App for Students

Snap Inc. has acquired Saturn, a social calendar app designed for high school and college students, with the app continuing to operate independently. ...

EVs Dominate 2025 American-Made Index, Tesla Leads Again

Tesla secured the top four spots in the 2025 American-Made Index, with the Model 3 ranked first. Six of the top ten vehicles...

NomuPay Secures $40M from SoftBank to Boost Global Payment Solutions

NomuPay raises $40M in Series C from SoftBank’s SBPS at a $290M valuation. Funds will support expansion in Asia, integration of Japan APM,...

Elon Musk Talks SpaceX and DOGE in CBS Sunday Morning Interview

Elon Musk emphasized spaceships over politics in a CBS interview. He addressed DOGE’s role as a scapegoat for federal cuts. Musk linked his...

GameStop Invested $500M in Bitcoin This Week

GameStop purchased 4,710 bitcoins for $500 million to diversify its assets. The move follows a trend among companies like Tesla and Coinbase holding...

Luminar Gains $200M Lifeline Amid Leadership Change and Layoffs

Luminar secures up to $200M through convertible preferred stock deal with Yorkville Advisors Global and another investor. The company replaced founder Austin Russell...

AWS Teams Up with Humain for $5B AI Zone in Saudi Arabia

AWS and Humain, backed by Saudi Arabia’s PIF, will invest over $5 billion to create an AI Zone in Saudi Arabia. The AI...

IXI Secures $36.5M for Revolutionary Autofocus Glasses

IXI, a Finnish startup, raised $36.5M to develop autofocus prescription glasses. Uses eye-tracking and liquid crystal lenses to adjust focus for presbyopia. Backed...

DoorDash Seeks to Dismiss Uber’s Antitrust Claims

DoorDash asks California court to dismiss Uber’s lawsuit alleging anti-competitive restaurant contracts. Uber accuses DoorDash of threatening restaurants with penalties or app demotion. ...

FTC Sues Uber Over Unauthorized Subscription Charges

FTC sues Uber for enrolling customers in Uber One without consent. Lawsuit claims Uber misled users about savings and made canceling difficult. Uber...

Techstars Boosts Startup Funding to $220,000

Techstars increases startup funding to $220,000 starting fall 2025, up $100,000 from previous terms. Investment splits into $20,000 for 5% equity and $200,000...