Indian neobank Fi pivots to enterprise AI and deep tech
Indian neobank Fi is discontinuing its consumer banking services to pivot toward building deep technology and AI systems for enterprises, ending its partnership with Federal Bank.
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390 storiesStryker hit by global cyberattack claimed by pro-Iran group
Pro-Iran hacktivist group Handala claims responsibility for a global cyberattack on medical technology company Stryker, which has caused global network disruptions and system wipes.
Almost 40 startups reach unicorn status in 2026
Almost 40 startups have reached unicorn status in the U.S. so far in 2026, with AI-focused companies leading the pack alongside healthcare and crypto firms.
YouTube ad revenue surpasses major Hollywood studios in 2025
YouTube’s 2025 ad revenue hit $40.4 billion, surpassing the combined ad earnings of Disney, NBC, Paramount, and Warner Bros. Discovery.
Slate Auto names former Amazon exec Peter Faricy as new CEO
Slate Auto has appointed former Amazon executive Peter Faricy as CEO, as the startup prepares to convert about 160,000 refundable preorders into vehicle orders.
Flipkart moves headquarters back to India ahead of potential IPO
Flipkart has moved its headquarters back to India from Singapore, a strategic shift as the e-commerce giant prepares for a potential IPO by March 2027.
Alphabet structures three-year compensation deal for Sundar Pichai
Alphabet has structured a three-year compensation deal for CEO Sundar Pichai that could be worth $692 million, largely tied to performance incentives at Waymo and Wing.
Robinhood’s private market fund stumbles in NYSE debut
Robinhood’s new private market fund debuted with lower-than-expected demand, raising $658.4 million against a $1 billion target and seeing its share price decline 16% on its first day.
TriZetto confirms data breach affecting more than 3.4 million people
TriZetto confirmed that more than 3.4 million people’s personal and health information was stolen in a 2024 cyberattack that went undetected for nearly a year.
Cluely CEO admits to fabricating revenue figures
Cluely CEO Roy Lee admitted to fabricating $7 million in annual recurring revenue, while also misrepresenting the circumstances of the interview where he shared the false figure.
Match Group eliminates COO role as dating app growth slows
Match Group is eliminating its COO role as Hesam Hosseini departs, a move occurring as the company navigates slowing growth and shifting Gen Z dating habits.
Nvidia signals end to OpenAI and Anthropic investments
Nvidia CEO Jensen Huang says the company is likely to stop investing in OpenAI and Anthropic as both firms approach potential public offerings.
Decagon completes tender offer at $4.5 billion valuation
Decagon is set to complete a tender offer for more than 300 employees, valuing the AI customer support startup at $4.5 billion, a threefold increase since June.
PayPay reportedly delays U.S. IPO amid market volatility
PayPay has reportedly postponed its U.S. IPO due to market volatility and conflict in the Middle East, after targeting a valuation of at least $10 billion.
SaaS business models face pressure from AI agents
AI agents are challenging the traditional per-seat SaaS business model, causing market volatility and potentially pausing IPOs as companies increasingly shift toward building their own software.
OpenAI fires employee over prediction market trading
OpenAI has fired an employee for allegedly using confidential company information to trade on prediction markets, highlighting growing corporate risks from speculative platforms.
Plaid allows employee share sales at $8 billion valuation
Plaid has allowed employees to sell shares at an $8 billion valuation, a 31% increase from last year but still 40% below its 2021 peak.
Block cuts more than 4,000 employees in global restructuring
Block is cutting more than 4,000 employees, nearly half its global workforce, as CEO Jack Dorsey cites AI-driven efficiency and a desire to avoid reactive layoffs.
eBay to lay off around 800 employees, 6% of staff
eBay is cutting around 800 jobs, or 6% of its full-time workforce, according to Bloomberg, which first reported the news.
Salesforce bets on agentic work units to counter SaaS market fears
Salesforce reported $10.7 billion in fourth-quarter revenue and projected revenue of $45.8 billion to $46.2 billion for the year ahead, introducing new metrics to defend its software-as-a-service model.