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Figma raises IPO range to - per share, in deal that could value company at nearly  billion

Figma raises IPO range to $30-$32 per share, in deal that could value company at nearly $19 billion

Elena Nadolinski, Founder and CEO at Iron Fish, and Dylan Field, CEO and Co-founder of Figma, attend the annual Allen and Co. Sun Valley Media Conference in Sun Valley, Idaho, U.S., July 7, 2022. Brendan Mcdermid | Reuters Design software maker Figma on Monday increased the expected price range for shares in its initial public […]

Figma raises IPO range to $30-$32 per share, in deal that could value company at nearly $19 billion Read More »

Tesla plans ‘friends and family’ car service in California, regulator says

Tesla plans ‘friends and family’ car service in California, regulator says

A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other

Tesla plans ‘friends and family’ car service in California, regulator says Read More »

Meta names OpenAI’s Shengjia Zhao as chief scientist of AI Superintelligence Lab

Meta names OpenAI’s Shengjia Zhao as chief scientist of AI Superintelligence Lab

Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg on Friday said Shengjia Zhao, the co-creator of OpenAI’s ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zuckerberg

Meta names OpenAI’s Shengjia Zhao as chief scientist of AI Superintelligence Lab Read More »

Intel drops 9% as chipmaker’s foundry business axes projects, struggles to find customers

Intel drops 9% as chipmaker’s foundry business axes projects, struggles to find customers

Lip-Bu Tan, Chief Executive Officer of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty Images Intel‘s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business. Concerns about where that leaves Intel’s chip manufacturing business overshadowed

Intel drops 9% as chipmaker’s foundry business axes projects, struggles to find customers Read More »

Astronomer HR chief Kristin Cabot resigns following Coldplay ‘kiss-cam’ incident

Astronomer HR chief Kristin Cabot resigns following Coldplay ‘kiss-cam’ incident

Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017. Mairo Cinquetti | NurPhoto | Getty Images Days after Astronomer CEO Andy Byron resigned from the tech startup, the HR exec who was with him at the infamous Coldplay concert has left as well. “Kristin Cabot is no longer with

Astronomer HR chief Kristin Cabot resigns following Coldplay ‘kiss-cam’ incident Read More »

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

Microsoft CEO Satya Nadella talks with Indonesia’s Minister of Communication and Information Technology Budi Arie Setiadi, on the day of their meeting with Indonesian President Joko WIdodo, at the Presidential Palace in Jakarta, Indonesia, April 30, 2024. Willy Kurniawan | Reuters Microsoft has laid off over 15,000 people so far in 2025. The stress of

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him Read More »

Apple releases public preview of iOS 26, its biggest iPhone software redesign since 2013

Apple releases public preview of iOS 26, its biggest iPhone software redesign since 2013

Apple announces a new design language for its operating systems called “Liquid Glass” during the annual Apple “Worldwide Developers Conference” (WWDC) at Apple Park, the corporate headquarters of Apple Inc., in Cupertino, California on June 9, 2025. Josh Edelson | AFP | Getty Images Apple released the public beta preview version of its next iPhone

Apple releases public preview of iOS 26, its biggest iPhone software redesign since 2013 Read More »

Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app

Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app

U.S. Commerce Secretary Howard Lutnick answers questions during a television interview at the White House on June 11, 2025 in Washington, DC. Win Mcnamee | Getty Images Commerce Secretary Howard Lutnick said Thursday that TikTok will go dark for Americans unless China agrees to give the U.S. more control over the popular short-form video app. “We’ve

Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app Read More »

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates

The SK Hynix Inc. logo is displayed on a glass door at the company’s office in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next year. SeongJoon Cho | Bloomberg | Getty

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates Read More »

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