Allbirds announced a switch from shoes to AI and its stock jumped 600 percent
Allbirds had a hit a decade ago with its Wool Runner shoes, but after a $4 billion IPO in 2021, the business never turned a profit, and sales dropped nearly 50 percent…
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The SpaceX IPO is great for Elon Musk and terrible for you
…It’s the IPO of financial nihilism writ large. Robinhood profited off financial nihilism, but it wasn’t itself a meme stock. SpaceX is different. It’s worse. And I don’t…
Exclusive: Carvana ties up with Bezos-backed Slate Auto as it plans new car sales | TechCrunch
…The transaction with Carvana comes as the retailer is looking at ways to expand into new car sales, according to the Wall Street Journal . The company has reportedly purchased a number of…
Only 16 percent of Americans think AI will have a positive impact on society, a new study shows | TechCrunch
Despite the fact that AI increasingly dominates our economy (it’s a hot IPO summer and we’re all just along for the ride), most Americans are not particularly optimistic about the…
Top stories
Broadcom And Google Benefit Mightily From Anthropic’s Meteoric Growth
…IPO than OpenAI, despite it only having raised around $67 billion in total and having a valuation of $380 billion. Here’s the important thing that everyone – Wall Street, Main Street, your…
Meta Platforms - Wikipedia
…The Wall Street Journal . December 29, 2025. ^ Clark, Angel Au-Yeung, Raffaele Huang and Kate (December 30, 2025). "Exclusive | Meta Buys AI Startup Manus for More Than $2 Billion" . The Wall Street…
Why Apple's slow-and-steady AI bet is starting to look pretty smart | TechCrunch
…Doubters have argued that Apple’s lack of a clear AI strategy have cost it its edge, and Wall Street analysts have worried that the gap could start hurting iPhone sales. Now…
Anthropic sued over pricey Claude limits – Fudzilla.com
…The lawsuit seen by the Wall Street Journal says Anthropic misled punters about the limits on its premium plans and wants class-action status. It covers people like Kahn who bought the…
Huawei reckons folding chips beats sanctions – Fudzilla.com
…According to the Wall Street Journal Huawei claims it has developed a workaround that could make chips on a par with those built by Intel and other leading outfits. Huawei expects to…
Mercor’s Brendan Foody calls out Sequoia, accusing it of 'dual-pricing' valuation tricks | TechCrunch
…valuation led by Sequoia , the announcement didn’t tell the whole story , according to The Wall Street Journal. Days earlier, said the Journal, the company had been valued at less than $400…