Crypto slide continues as Bitcoin drops below $82,000—lowest level since mid-April
Bitcoin’s month-long selloff has wiped a large portion of the gains it made since November last year, after President Donald Trump’s election win.
Investing
Napster said it raised $3 billion from a mystery investor. Now the ‘investor’ and ‘money’ are gone
Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.
It’s not just an AI bubble. Here’s everything at risk
Stocks are soaring, gold is too, and risk looks cheap everywhere. These charts trace the signs of what could be the everything bubble taking shape.
The $8 billion lesson from Australia’s longest-running tech incubator
As tech incubator Cicada Innovations marks its 25th anniversary, new CEO Liza Noonan reflects on how a $20 million initial public investment helped generate more than $8 billion in economic value, and why long-term commitment remains critical to building Australia’s sovereign deep tech future.
Peloton stock falls after 800,000 bikes recalled over seat issue
A seat post issue could cause injuries or falls, the Consumer Product Safety Commission said.
Bitcoin falls below $100,000—Here’s why crypto prices may be dropping
The leading cryptocurrency has pared back historical gains in recent weeks.
Spotify accused of ignoring ‘billions’ of fraudulent Drake streams—what we know about bot streams
A federal lawsuit filed Sunday in California federal court accuses Spotify of failing to prevent streaming fraud, including by allowing “billions” of bot-generated streams that allegedly boosted rapper Drake’s streaming numbers, though he is not named as a defendant.
Kimberly-Clark buys embattled Tylenol maker Kenvue in $48 billion deal
President Donald Trump has claimed Kenvue’s pain reliever is a potential cause of autism, despite clear evidence.
Human Health raises $8.5 million to fix broken healthcare systems
With more than 200,000 patients worldwide logging health actions on the Human Health platform, co-founders Georgia Vidler and Kate Lambridis say they’re ready for the company’s next phase of global growth.
Uluu raises $16 million to scale seaweed solution
Backed by $16 million in Series A funding, Australian startup Uluu is scaling its seaweed-based plastic alternative from lab to industry, aiming to disrupt the $700 billion global plastics industry.