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Magna increases bet on battery swapping in India with $35M for Yuma

Magna's investment in Yuma Energy has reached $87 million as the Canadian auto supplier increases its majority stake in the…

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Bitcoin steady above $78,000, HYPE leads as majors slip on hawkish Fed bets

Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on…

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Trump Jr’s firm leads $1 billion Polymarket raise at $21 billion value: Report

1789 Capital is putting in about $300 million, adding to a roughly $200 million stake, as the prediction market's valuation…

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CME’s share of XRP futures jumps as token rallies 40% in a week

Outstanding XRP futures positions outside CME fell by more than 500 million tokens in two weeks, while exposure on the…

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Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year

Founded by a 20-year-old, Alteon is developing autonomous aircraft that hopes to harvest wind energy to stay aloft for several…

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Bitcoin barely blinks as U.S. hits Iran, sending oil higher and stocks lower

BTC remains August's best-performing asset after the latest escalation in geopolitical tensions.

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The U.S. is building barriers around drones and robots, but China has scale to get around them

The U.S. is shutting out more foreign-made drones and robots. China’s scale means the global competition may simply move elsewhere.

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Grindr wants to be the everything app for gay men; investors are still deciding whether it can pull it off

George Arison is done letting Wall Street's "Grindr discount" go unchallenged — in a wide-ranging Q&A, the CEO walks us…

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Liux’s Big microcar bets on sustainability to take on Chinese rivals

The Liux Big microcar is made in Spain. The startup thinks it can compete in a crowded market with its…

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Musk’s faster path to more gas turbines comes with pollution problem

Elon Musk says a secretive new SpaceX foundry will let him cast his own turbine blades and get gas power…

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A $1.1 million crypto card hack crashed a neobank’s token 49%

The exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring…

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Sony Music, Warner sue Anthropic, alleging a “brazen campaign” of intellectual property theft

This latest lawsuit is particularly broad and homes in on accusations of illegal piracy.

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