Follow on Telegram

tech/startups

Technology News

EU Fines Temu €200 Million Over Illegal Product Sales

The European Commission has fined Temu €200 million (approximately $232 million) for violations of the Digital Service Act (DSA), after an investigation found that consumers using the platform were "very likely to encounter illegal items." The investigation, launched in October 2024, determined that Temu failed to identify and

Technology News

Meta Launches Paid Subscriptions for Instagram, Facebook, and WhatsApp Under 'Meta One' Brand

Meta is expanding its revenue model beyond advertising by introducing paid subscription tiers for its family of apps. The new Meta One subscription service will allow users to access premium features across Instagram, Facebook, and WhatsApp worldwide. The initiative represents Meta's strategic move to diversify income sources and

Technology News

Google's AI Overviews Reshape Search Visibility for Businesses

Google's recent I/O conference officially cemented AI-generated answers as a primary feature of search results, signaling a major transformation in how businesses maintain online visibility. The New Search Landscape For years, search engine optimization (SEO) relied on optimizing for traditional "10 blue links" — the familiar

Technology News

Princeton Fusion Startup Thea Energy Raises $100M, Aims for 2034 Commercial Reactor

Princeton-based fusion startup Thea Energy has announced a $100 million funding round, placing it among the most well-funded companies in the fusion energy sector. The company is developing a novel approach to fusion power that utilizes pixel-inspired magnet technology for its reactor design. The funding will support Thea Energy'

Technology News

AI Coding Startup Cognition Lands $1B Round at $25B Valuation

Cognition, the AI startup behind the coding assistant Devin, has closed a $1 billion funding round at a $25 billion pre-money valuation, according to the company. The latest investment brings the company's valuation to $25 billion pre-money—more than double the roughly $12 billion valuation it achieved during

Robinhood Introduces AI Agent Support for Trading and Card Transactions

Robinhood has expanded its platform capabilities by allowing customers to delegate trading and card payment tasks to AI agents. This development enables users to automate routine financial operations through artificial intelligence, potentially streamlining portfolio management and transaction handling. The integration represents a broader trend in fintech, where traditional financial services

Technology News

ClickHouse Triples Annualized Revenue to $250M, Eyes IPO Within Years

ClickHouse, the open-source column-oriented database provider, has achieved a significant financial milestone. The company has tripled its annualized revenue to $250 million, positioning itself as a fast-growing player in the database market. This growth trajectory has led ClickHouse's leadership to signal that an initial public offering (IPO) could