Cursor has reportedly surpassed $2B in annualized revenue
The four-year-old startup saw its revenue run rate double over the past three months, according to one Bloomberg source.
Europe’s extreme heat is shutting down power plants
Europe is in the middle of a record-breaking heat wave, and the grid is being pushed to its limits as people turn to fans and air-conditioning to try to stay cool. Some power plants won’t be online to help handle the load. On June 23, France saw its hottest day since record-keeping began in 1947.…
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India’s Pronto formalizes house help as its valuation jumps 8× in under a year
Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India’s largely offline home services market.
ChatGPT uninstalls surged by 295% after DoD deal
Many consumers ditched ChatGPT’s app after news of its DoD deal went live, while Claude’s downloads grew.
Stripe wants to turn your AI costs into a profit center
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.
Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
No one has a good plan for how AI companies should work with the government
As OpenAI transitions from a wildly successful consumer startup into a piece of national security infrastructure, the company seems unequipped to manage its new responsibilities.
A new app alerts you if someone nearby is wearing smart glasses
A hobbyist developer’s new app, which can detect nearby smart glasses, comes amid resistance to always-on recording and listening devices that invade people’s privacy.
Instagram tracked growing usage while targeting teens, lawyers argue
The company said usage grew from 40 minutes per day in 2023 to 46 minutes in 2026. Other documents referenced back teens a top priority for the app before asking existing users for birthdays.
Kevin O’Leary Says This Gen Z Job Trend Sends a ‘Horrific Signal’ to Employers: ‘That Resume Goes Right Into the Garbage’
This one interview trend is a “big red flag” for Mr. Wonderful.
8 Tax Pitfalls to Avoid When Expanding Your U.S. Startup Overseas
Going global can turboboost growth but also creates tax risks. Research, planning and expert advice can help you avoid costly mistakes.