February 4, 2025

Spyware maker Paragon confirms U.S. government is a customer

Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology to a select group of global democracies — principally, the United States and its allies.” […]

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Intel won’t bring its Falcon Shores AI chip to market

January 30, 2025

Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday, […]

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Apple quarterly revenue increases, even as China sales decline 11%

January 30, 2025

Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of […]

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Elon Musk reveals Elon Musk was wrong about Full Self-Driving

January 30, 2025

For nearly nine years, Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest admission that many are not. Musk said on a conference call Wednesday evening that Tesla cars equipped with so-called Hardware 3 will need an upgrade before they can support unsupervised […]

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OpenAI said to be in talks to raise $40B at a $340B valuation

January 30, 2025

OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the […]

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Fintech startup Cushion shuts down after 8 years and over $20 million in funding

January 30, 2025

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to […]

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Serial founder DIVINE launches creator app with hip hop legend Rakim

January 30, 2025

Serial entrepreneur and recording artist Victor Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with Rakim, one of hip-hop’s most influential emcees.  The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists manage their […]

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