Stay informed, stay ahead.
The Motion Picture Association (MPA) sent a formal cease-and-desist letter to Meta. The MPA demands that Meta immediately stop using the “PG-13” movie rating for Instagram’s teen content filters. Meta recently announced that new settings for users under 18 would be “guided by PG-13” standards. The film trade group insists this claim is false and…
Chinese autonomous driving company WeRide had a weak start on the Hong Kong Stock Exchange. The company’s shares opened down about 8% on its trading debut. This poor performance followed a similar drop for its rival, Pony.ai. Combined, the two robotaxi firms raised nearly $1.2 billion in their share offerings. WeRide raised roughly $308 million…
Chinese electric vehicle (EV) makers have quickly dominated Brazil’s car market. Chinese brands now control over 80% of all EV sales there. This marks a huge, decisive shift in South America’s largest car market. This rapid success is due to strategic, affordable pricing. For instance, models like the BYD Dolphin Mini are significantly cheaper than…
Lyft announced a new partnership with United Airlines. This move is a direct response to a rival deal. Earlier this year, Delta Air Lines ended its long partnership with Lyft. Delta then joined forces with competitor Uber. The new deal lets Lyft riders earn United MileagePlus miles. Customers must link their accounts in the Lyft…
Blockchain giant Ripple just completed a huge $500 million funding round. This deal gives the company a massive $40 billion valuation. This is one of 2025’s largest crypto funding events. The round included major institutional investors. These investors included Fortress Investment Group and Citadel Securities. This high valuation shows Wall Street’s growing faith in crypto…
Axon Enterprise released its third-quarter 2025 earnings report. The company achieved strong revenue growth yet missed its earnings per share (EPS) target. Revenue hit a record $711 million. This number reflects a strong 31% increase from last year. However, Axon’s reported EPS of $1.17 fell short of the $1.63 consensus estimate. Management noted significant growth…
Artificial Intelligence is changing online dating forever. Dating apps hit a big problem called “despair fatigue.” Users got tired of endlessly swiping and deleting apps. Now, companies are using AI to solve this problem. Major apps like Tinder and Hinge are adding new AI features. Smaller startups are also creating AI matchmakers. For example, some…
Beacon Software successfully closed a massive $250 million Series B funding round. This financing values the company at $1 billion. The round was led by General Catalyst, Lightspeed Venture Partners, and D1 Capital. Beacon now has a total funding of $335 million since its launch last year. Beacon is an “AI holding company.” It buys…
Google and Epic Games reached a major U.S. court settlement. This agreement resolves Epic’s 2020 antitrust lawsuit against Google. The original suit claimed Google illegally monopolized app access on Android devices. A jury found Google guilty of anti-competitive practices in 2023. The settlement requires significant changes to the Google Play Store. Google will now allow…
Pinterest, which just released a challenging but ultimately transformative third-quarter report. The social platform delivered a mixed bag to investors, pairing phenomenal user growth with an earnings shortfall. The good news? Pinterest is scaling fast. It hit a new high of 600 million global monthly active users, a jump of 12% year-over-year. CEO Bill Ready…
