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…
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…
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…
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…
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…
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.
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.
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…
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…
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…
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…
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.
