The Government Shutdown Is Already Leading to Thousands of Flight Delays

Ece Yildirim / gizmodo - Air traffic control towers around the country are running short on staff.

Back to Top / Wednesday, October 8, 2025, 1:20 pm / permalink 15029 / 7 stories in 4 months

OpenAI’s trillion-dollar tab comes due by 2027

Marcus Schuler / implicator - OpenAI signed $1 trillion in compute deals with Nvidia, AMD, and Oracle—obligations stretching to 2029 that dwarf its current revenue. The company burns $5B annually while chipmakers now hold equity and expect payment. The tab comes due by 2027.

Back to Top / Tuesday, October 7, 2025, 5:22 pm / permalink 15013 / 5 stories in 4 months

Cloudflare unveils NET Dollar stablecoin secure transactions for the agentic web

Duncan Riley / siliconangle - Cloud connectivity provider Cloudflare Inc. today announced plans to introduce NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. Cloudflare is aiming to make NET Dollar a core feature of a n…

Back to Top / Thursday, September 25, 2025, 9:20 pm / permalink 14870 / 4 stories in 5 months

Tether in Talks to Raise at Least $15 Billion

PYMNTS / pymnts - Stablecoin issuer Tether is reportedly in talks with investors to raise between $15 billion and $20 billion in a deal that would value the company at $500 billion. The transaction would involve new equity, with the investors getting a 3% stake through a p…

Back to Top / Tuesday, September 23, 2025, 9:21 pm / permalink 14829 / 3 stories in 5 months

EU moves to shut Big Tech out of Europe’s financial data

Robert Brown / implicator - EU moves to block Meta, Apple, Google and Amazon from its new financial data system despite Trump's tariff threats. In a rare lobbying defeat for Big Tech, European banks successfully argued for "digital sovereignty" over innovation promises.

Back to Top / Sunday, September 21, 2025, 7:20 pm / permalink 14778 / 6 stories in 5 months

Navan IPO filing reveals steady revenue amid persistent losses

Navan, a corporate travel and expense startup, has filed for an IPO that highlights steady revenue growth despite continuing losses. Investors now get a front‐row seat as the company navigates its ambitious path in the competitive tech travel sector—proving that even loss leaders can enjoy the IPO limelight.

Back to Top / Friday, September 19, 2025, 5:20 pm / permalink 14757 / 1 stories in 5 months

Eagl raises €825K to bring AI-native automation to finance teams

Cate Lawrence / tech - AI startup Eagl has raised €825,000 in funding to accelerate the development of its AI-native financial agentic platform, expand its AI and engineering teams, and scale across Europe. Eagl is an AI-n...

Back to Top / Thursday, September 18, 2025, 4:20 am / permalink 14679 / 2 stories in 5 months

Dublin finance platform built by Stripe alumni raises $3m

Colin Ryan / siliconrepublic - Seapoint, dubbed as a ‘financial home for start-ups’, has also launched a private beta for the platform with a waiting list open from today.Read more: Dublin finance platform built by Stripe alumni raises $3m

Back to Top / Thursday, September 18, 2025, 3:20 am / permalink 14676 / 2 stories in 5 months

Eric Baker’s long, winding road to taking StubHub public

Marina Temkin / techcrunch - Although StubHub's shares fell 6% in first day of trading, the IPO is testament to the co-founder's 25-year effort.

Back to Top / Wednesday, September 17, 2025, 7:20 pm / permalink 14668 / 1 stories in 5 months

Netskope prices IPO at $19, valuing company at $7.3 billion

cnbc - The IPO market is experiencing a revival after a yearslong drought, with notable debuts from CoreWeave, Circle and Figma.

Back to Top / Wednesday, September 17, 2025, 7:20 pm / permalink 14665 / 1 stories in 5 months

StubHub to price IPO at $23.50, valuing company at $8.6 billion

cnbc - StubHub is poised to hit the public market after twice delaying its IPO, most recently due to market volatility following President Trump's sweeping tariffs.

Back to Top / Tuesday, September 16, 2025, 7:20 pm / permalink 14619 / 2 stories in 5 months

Revolut touts 50% revenue surge as it courts investors for ‘Project Athens’ funding round

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Back to Top / Tuesday, September 16, 2025, 4:21 pm / permalink 14613 / 2 stories in 5 months

Workday to acquire Sana for $1.1 billion

Cate Lawrence / tech - Workday, the enterprise AI platform for managing people, money, and agents, has entered into a definitive agreement to acquire Sana, a Stockholm AI company building the next generation of enterprise k...

Back to Top / Tuesday, September 16, 2025, 2:23 pm / permalink 14602 / 4 stories in 5 months

US Banks Tap Fed Repo for $1.5 Billion Amid Liquidity Concerns

US banks have collectively borrowed $1.5 billion from the Federal Reserve’s repo facility amid emerging funding pressures. This financial maneuver signals short-term liquidity challenges in the market, prompting analysts to view it as a temporary, albeit cautious, adjustment within the broader economic landscape.

Back to Top / Monday, September 15, 2025, 3:21 pm / permalink 14561 / 1 stories in 5 months

Tether to Launch US-Regulated Dollar-Backed Stablecoin

PYMNTS / pymnts - Tether plans to launch a U.S.-regulated dollar-backed stablecoin and appointed the former executive director of the White House Crypto Council, Bo Hines, to lead the effort. The new stablecoin will be called USAT; will be designed to comply with the recen…

Back to Top / Friday, September 12, 2025, 3:21 pm / permalink 14503 / 2 stories in 5 months

Winklevoss-founded Gemini reportedly prices IPO at $28 per share, valuing the crypto exchange at $3.3 billion

cnbc - Gemini Space Station, the operator of the cryptocurrency exchange founded by the Winklevoss brothers, has seen strong demand for its offering.

Back to Top / Thursday, September 11, 2025, 8:20 pm / permalink 14425 / 2 stories in 5 months