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Monthly Archives: April 2025
Founder’s Fund’s new $4.6B fund indicates an era of big VC spending
Peter Thiel’s Founder’s Fund has completed the raise of its third growth fund, according to an SEC filing. Beyond the sum — which is a big step up from its last previous $3.4 billion growth fund closed in early 2022 — there’s … Continue reading
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Mark Zuckerberg once considered deleting all your Facebook friends
Meta CEO Mark Zuckerberg once considered deleting everyone’s Facebook friends in an effort to boost the social network’s cultural relevance. This “potentially crazy idea,” as the exec called it at the time, was revealed on Monday as a part of … Continue reading
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HPE shares pop after activist Elliott Management takes $1.5 billion stake
Hewlett Packard Enterprise shares jumped after Elliott Investment Management took a more than $1.5 billion stake in the server maker
Lucid Gravity First Drive: An electric SUV that doesn’t make compromises
Lucid has spent years working on its second EV — a plush van-like SUV designed to be the category killer that could take market share from the likes of other luxury EV and internal combustion people haulers like the Rivian … Continue reading
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Fusion power has a fuel problem; Hexium has a laser-powered solution
Hexium has emerged from stealth with $8 million in seed funding.
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U.S.’ inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies.
Bunq, a neobank for ‘digital nomads,’ accelerates U.S. expansion effort as profit jumps 65%
Dutch digital bank Bunq said Tuesday that it’s applied for a broker-dealer license, in an initial step toward securing a full banking license.
Phantom Neuro grabs $19M to help amputees gain control of their phantom limbs
The science fiction trope of humans superpowered by computer and bionic implants is fast becoming a reality, and today, a startup hoping for a role in how that plays out is announcing some funding. Phantom Neuro, which is developing a … Continue reading
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A New Mexico Man Faces Federal Charges for Allegedly Setting Fire to a Tesla Showroom
Jamison Wagner was also charged with an alleged arson attack on the New Mexico Republican Party’s office.
Minister’s X account hacked to promote crypto scam
The MP’s office says “steps were taken quickly to secure the account and remove misleading posts”.