Breaking News: Technology
Legal AI startup Harvey hits $100 million in annual recurring revenue
Harvey co-founders Winston Weinberg and Gabe Pereyra Courtesy of Harvey Artificial intelligence startup Harvey on Monday announced it has reached $100 million in annual recurring revenue, or ARR, just three years after its launch. Harvey runs an AI-powered legal platform for lawyers at law firms and large corporations. Its technology can help with legal research, […]
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Tesla approves share award worth $29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk 96 million shares worth about $29 billion, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders. In 2024, a Delaware court voided Musk’s 2018 compensation package, valued at over $50 […]
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Coinbase’s UK musical ad hits a nerve — sparking debate from crypto fans to founders
Photo Illustrating Coinbase in Suqian, Jiangsu Province, China on June 6, 2023 (Photo Illustration by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Coinbase set the business community alight after the American crypto firm dropped a musical advert which lambasted the U.K. as besieged by economic problems and an ongoing cost-of-living crisis. Online […]
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Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Mark Zuckerberg may be the most famous college-dropout-turned-tech-billionaire. Dylan Field is the latest, after his design startup Figma soared in its stock […]
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Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone
CANNES — Ten years ago, Vitalik Buterin and a small band of developers huddled in a drafty Berlin loft strung with dangling lightbulbs, laptops balanced on mismatched chairs and chipped tables. They weren’t corporate titans or venture-backed founders — just idealists working long nights to push a radical idea into reality. From that sparse office, […]
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Tesla must pay $329 million in damages after fatal Autopilot crash, jury says
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor damages of $329 million. The […]
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Nintendo hiking price of original Switch for U.S. customers
A child playing with a Nintendo Switch game console. Julian Stratenschulte | picture alliance via Getty Images Nintendo said Friday it plans to hike the price of its original Switch “family of systems and products” in the U.S. The price increases, which take effect Aug. 3, are being made “based on market conditions,” the Japanese […]
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Google has dropped more than 50 DEI-related organizations from its funding list
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images Google has purged more than 50 organizations related to diversity, equity and inclusion, or DEI, from a list of organizations that the tech company provides […]
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Figma stock pops in second day of trading after colossal debut
Figma celebrates its initial public offering at the New York Stock Exchange on July 31, 2025. NYSE Shares of design software vendor Figma popped 6% on Friday, a day after the stock more than tripled in its New York Stock Exchange debut. Figma opened at $85 on Thursday under the ticker FIG, and shares closed at […]
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Amazon stock sinks 7% after earnings: Here are the key takeaways
Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Amazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren’t good enough to please Wall Street. Amazon stock slid following the release and […]
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