After Zomato, Deepinder Goyal returns with a $54M brain-monitoring bet
Zomato co-founder Deepinder Goyal’s new wearable startup Temple has raised $54 million in a friends-and-family round at a post-money valuation of about $190 million.
Push for $40 smartphones builds momentum, but still faces cost hurdles
A coalition of telecom operators and device makers is pushing $40 smartphones to bring up to 20 million people online, but rising component costs threaten the plan.
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AI Is Draining the World’s Water — And It May Be the Only Way to Save It
The race for AI leadership is reshaping how the industry values water.
EBay Just Laid Off 800 Employees. Here’s the Real Reason Why.
The company fired 6% of its staff just days after spending $1.2 billion to acquire Depop from Etsy.
OpenAI raises $110B in one of the largest private funding rounds in history
The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion valuation.
South Korea opens the door to let Google Maps operate fully
After years of appeals, Google has finally won approval to export high-precision geographic information out of South Korea and provide proper Google Maps services in the country, including walking and real-time driving directions.
This Is the Mindset Shift You Need to Switch From Founder to CEO — and Scale Faster
Building a company from scratch is one thing, but leading it into the future takes an all-new mindset.
Ultrahuman bets on redesigned smart ring to win back U.S. market after Oura dispute
Ultrahuman’s Ring Pro promises 15-day battery life and a $479 price tag as the wearables maker expands its health-tech push.
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.