Enterprise

In a substantial leap toward shaping the future of national security, Anduril Industries has successfully secured $2.5 billion in funding, elevating its valuation to a staggering $30.5 billion. This latest financial boost, as reported by Chairman Trae Stephens, highlights the startup’s ambition to tackle large-scale problems faced by the defense sector. Founded in 2017 by

In an unexpected twist within the political landscape, Jared Isaacman, a name more often associated with the world of entrepreneurial fintech and private space travel, recently announced his resignation as CEO of Shift4 Payments. This decision came in the wake of his nomination by President Donald Trump to a key NASA role being withdrawn. Instead

In a significant shift towards becoming a multifaceted financial service provider, Swedish fintech Klarna has announced its foray into the debit card market with the Klarna Card. This strategic move is not merely a response to the burgeoning competition in consumer banking but a calculated step to redefine its brand image, distancing itself from its

The landscape of the electric vehicle (EV) market in China is rapidly evolving, marked by impressive delivery milestones from key players such as Leapmotor and Aito. In perhaps one of the most competitive months recorded, Leapmotor, backed by the automotive giant Stellantis, recorded a staggering 45,067 vehicle deliveries in May. This figure not only illustrates

The recent efforts by the Securities and Exchange Commission (SEC) to distance itself from the regulation of meme coins mark a profound shift in the landscape of cryptocurrency. Hester Peirce, a seasoned SEC commissioner, has indicated that the agency has essentially walked away from meme coins, stating that most do not meet the criteria to

The ongoing trade tensions between the United States and China have taken a particularly complex turn, with the semiconductor industry at the forefront of this geopolitical drama. The U.S. government, particularly during the Trump administration, initiated various export controls aimed at stifling China’s technological ascent, especially in artificial intelligence and semiconductor capabilities. Recently, China has

Elon Musk’s tenure with the Trump administration, although fleeting, has sparked significant discussions about the role of innovative minds in public service. With his official departure from the Department of Government Efficiency, Musk not only thanked President Trump for the opportunity but underscored a philosophy focused on reducing bureaucratic waste. This announcement has prompted many

In the ever-evolving landscape of digital banking, Starling Bank has emerged as a promising player, aiming to revolutionize how banking is perceived and utilized in the modern age. However, recent reports detail a significant drop in its annual profit, triggering discussions about the vulnerabilities of online lenders in a post-Covid world. Although Starling Bank’s fiscal

In a groundbreaking move that has echoed throughout the business and financial sectors, Trump Media has made headlines by raising an impressive $2.5 billion from institutional investors to establish one of the most substantial bitcoin treasury allocations by a public company. This decision signifies a pivotal shift not just for Trump Media, but for the

In an increasingly competitive global environment, Tencent and Baidu, two titans of China’s technology sector, are demonstrating remarkable resilience in the face of U.S. semiconductor export restrictions. Recent actions by the U.S. government, including an uptick in controls on advanced semiconductors from companies like Nvidia and AMD, have prompted these firms to rethink their strategies.