For ten months, Figma has been a case study in how quickly Wall Street can fall out of love. The company went public on 31 July 2025 at $33 a share, soared past $140 on its debut, and has spent most of 2026 in freefall, battered by Google’s free Sti…
Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised …
Alex Karp has spent the past fortnight telling anyone who will listen that Palantir Technologies is indispensable. Retail investors and the German military have arrived at the opposite conclusion, and their timing is almost perfectly synchronised. In…
OpenAI’s partnership with Apple, announced to considerable fanfare in June 2024, is fracturing. The AI company’s lawyers are actively working with an outside legal firm on options that could include sending Apple a formal notice alleging breach of co…
Carta has spent the past eight months buying its way toward something that did not exist a year ago: a single platform that handles dealmaking, fund operations, investor relations, and now legal and compliance work for the private capital industry. T…
Nearly every marketer in the world is now using AI to make creative work. Nearly every consumer would still rather that a person had made it. That tension, between the industry’s enthusiasm and the public’s unease, is the central finding of Canva’s S…
Fanuc makes more industrial robots than anyone on the planet. Google makes more software platforms than anyone on the planet. On Wednesday, the two companies announced a partnership that merges those positions: Fanuc will integrate Google Cloud’s Gem…
Unitree Robotics has unveiled a 2.8-metre transformable mecha that a human pilot climbs inside and operates from an open cockpit in the torso. The GD01 walks on two legs, folds into a quadruped configuration in seconds, weighs roughly 500 kilograms w…
Dave Limp told an all-hands meeting that external funding is now on the table, weeks before SpaceX is expected to price the largest IPO in history at $1.75tn. The launch-cadence target is 100 a year. The cumulative bill so far is roughly $28bn. Blue Or…
A week after Samsung Electronics passed $1tn in market value, its largest union is preparing an 18-day strike that could disrupt the AI memory chips inside that valuation. The wage gap with SK Hynix is the spark. The bonus formula is the fight. Samsung…