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Why a SpaceX-Tesla Merger Could Benefit Shareholders in Both Companies

In 2016, Elon Musk defended Tesla’s proposed acquisition of SolarCity, a solar energy firm co-founded and run by his first cousins, by calling it a “no-brainer.” As it turned out, the purported benefits of the $2.6 billion deal, which brought a cash-burning, debt-laden firm under the Tesla umbrella, never materialized, and SolarCity lost market share in the years that followed. Observers of Musk today might worry he is on the precipice of facilitating another ill-fated union, this time of his...

Polymarket Seeks to Raise at Over $20 Billion Valuation

The prediction market is in early talks to raise about $1 billion, Bloomberg reports.

Spotify Reports 14% Higher Revenue

Spotify said ad revenue rose just 1% in the quarter, which is an improvement on the past three quarters where ad revenue fell as much as 6%.

Bending Spoons to Acquire Airtable for Around $1.3 Billion, Steep Drop from Pandemic Peak

The sale price is a big markdown from its 2021 high.

Major PC Makers Start Using Memory Chips From China’s CXMT

The move comes amid a severe shortage of memory chips due to rapidly growing AI infrastructure demand.

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Trump Administration Mulls Ban on Chinese Data Center Devices

The move will affect critical components that ensure data centers can run efficeintly.

Microsoft Closes Up for 2026, Finally

Amazon's market capitalization closed above $3 trillion for the first time ever.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

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Snap Revenue Shows Improvement in Q2 But User Count Stays Flat in U.S.

Despite the improvement, Snap's user base is still not growing where it matters most—the U.S. and Europe.

Palantir Stock Surges as U.S. Enterprise Sales Jump

The software firm said that U.S. commercial revenue climbed 149% to $764 million in the June quarter.

DeepSeek Makes a Splash with Small, Affordable V4-Flash Model

The model could have a big impact because of its improved performance, affordable pricing and low memory requirements.

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Exclusive: OpenAI Previews ‘Astra’ AI Model in DC

OpenAI touted its abilities to have multiple agents work together over a long period of time to solve hard problems.
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