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Monthly Archives: February 2025
Palantir soars 27% to record high as AI powers strong earnings and guidance
Palantir surged more than 27% on robust fourth-quarter results and guidance.
Australia bans DeepSeek on government devices over security risk
The Australian government says the Chinese AI app is a threat to it and its assets.
Snap unveils AI text-to-image model for mobile devices
Snap has unveiled an AI text-to-image model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an iPhone … Continue reading
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LinkedIn amps up vertical video tools as uploads jump 36%
Video reigns supreme on social media like TikTok, Instagram, and YouTube. And now, video is becoming a bigger business for LinkedIn. The Microsoft-owned social network for the working world has yet to go full TikTok. But with a big boost … Continue reading
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Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform
While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that … Continue reading
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Archive raises $30M to solve fashion’s pollution problem with online resales
The fashion industry has concerned Emily Gittins since adolescence. The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than … Continue reading
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PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.
HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump
Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.
How a Sale of TikTok Would Work and Who Might Buy It
A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.
Elon Musk’s Blitz Shakes U.S. Government as He Sweeps Through Agencies
The billionaire is creating major upheaval as his team sweeps through agencies, in what has been an extraordinary flexing of power by a private individual.