TADA, a ride-hailing app that uses blockchain and charges drivers a tiny flat fee instead of a commission, is planning a launch in New York City this June. The Singapore-based company, which pulled in a record $19.8 million in revenue last October, is betting its model will appeal to drivers fed up
The US government is launching a new initiative to recruit high-skilled tech workers for two-year stints. The challenge? Competing with Silicon Valley salaries and a rigid hiring process.
New FCC rules blocking foreign-made drones could make Seattle a major drone manufacturing hub, creating tens of thousands of jobs. But the move, targeting China’s DJI, also promises higher prices and a multi-year scramble to build a domestic supply chain.
Thomas Kelly left medicine after facing “incredible burnout” from endless administrative tasks. He founded Heidi, an AI medical scribe, which just raised $65 million at a $465 million valuation.
Coinbase is making a major push into prediction markets. The crypto exchange is acquiring The Clearing Company, a platform that lets users trade on real-world events.
Mercury, the FinTech serving over 200,000 companies, has officially applied to become a nationally chartered bank. The move, announced December 19, aims to provide greater stability and could reshape its competition with traditional banks.
In a deal mixing cash and equity, AI code editor Cursor is acquiring Graphite to integrate writing and reviewing code. The move comes as studies question the real productivity gains from AI coding tools.
Sam Altman has “0%” excitement about being the CEO of a public company. But with OpenAI’s valuation soaring and an IPO potentially on the horizon for 2026, he might not have a choice.
Jim Cramer is telling investors to be careful with GE Vernova, even as Wall Street firms like Jefferies and Morgan Stanley pile on with huge price target hikes. The stock, which makes gas turbines for power-hungry AI data centers, is up nearly 100% this year but saw wild swings this week.
iRobot has filed for bankruptcy and will be purchased by its Chinese contract manufacturer, Picea Robotics. CEO Gary Cohen insists this is a necessary reboot to save the company and close a four-year tech gap with competitors. The future of the iconic Roomba brand now hinges on a partnership blendin
