Databricks Raises $5 Billion at $190 Billion Valuation
Databricks has closed a $5 billion strategic funding round at a valuation of $190 billion, as the data and artificial intelligence software company ramps up investment in products designed for AI agents. The round...
EU Uncertainty Delays Uranium Enrichment Investment
Uncertainty over whether the European Union will ban Russian nuclear fuel is holding back investment in Europe’s uranium enrichment industry, Urenco CEO Boris Schucht said. He said the lack of clear political direction makes...
U.S. Jobless Claims Rise Moderately
U.S. initial jobless claims increased by 9,000 to a seasonally adjusted 209,000 for the week ended August 8, slightly above economists’ forecast of 202,000. The rise suggests the labor market remains relatively stable despite...
Karoline Leavitt to Leave White House Press Secretary Role
U.S. President Donald Trump said White House press secretary Karoline Leavitt will leave her role at the end of August, marking the departure of one of his most trusted advisers ahead of the November...
Lovable Raises $400 Million at $13.3 Billion Valuation
Swedish vibe-coding startup Lovable has raised $400 million in a Series C funding round, valuing the company at $13.3 billion and doubling its valuation from December. The round was co-led by Menlo Ventures and...
Meta Faces Major Youth Social Media Trial
Meta is set to face a major legal challenge in a California federal court over allegations that Facebook and Instagram were deliberately designed to keep children and teenagers engaged and that the company misled...
U.S. Travel Industry Warns Against Expansion of Visa Bond Program
The U.S. Travel Association has raised concerns that the Trump administration could expand its visa bond program to more countries, warning that such a move could hurt the U.S. travel industry and economy. The...
Alcazar Watches Defines a New Benchmark in Exclusive Ownership
There are luxury products that are expensive, and then there are creations that are deliberately made scarce. Alcazar Watches belongs to the latter category. The brand has established an exceptionally limited production philosophy, with...
U.S. Senate Passes Temporary Funding Bill to Avert Shutdown
The Republican-led U.S. Senate on Saturday passed a temporary funding measure that would keep federal agencies operating through December 11, seeking to prevent a government shutdown just weeks before the November 3 congressional elections....
Democrats Plan Trump Investigations Before Impeachment If They Win House
U.S. House Democrats are preparing an extensive investigative strategy targeting President Donald Trump’s business, political and financial networks if they regain control of the chamber in November. Rather than immediately pursuing impeachment, Democratic leaders...