Author: Press Room
While most college kids spent December cramming for finals, 19-year-old Zach Yadegari was selling his multimillion-dollar nutrition app.MyFitnessPal acquired Cal AI, an AI-powered calorie-tracking app that Yadegari cofounded while he was in high school, late last year. The app officially launched in May 2024, amassing 10 million users and $30 million in annual revenue. While there are many reasons to sell an app — money, partnerships, shifting consumer trends — Yadegari said honest conversations between the founders solidified their decision.”Ultimately, it came down to us discussing everyone’s priorities and goals in life. That framework really helped us come to a…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 9, 2026 The Sam Bankman pardon request has been the talking point after…
On Sunday, the New York Times published an explosive interview with “60 Minutes” correspondent Scott Pelley, his first since he was fired from CBS News last week. In it, Pelley detailed a series of serious allegations — most notably, that editor in chief Bari Weiss “was putting a thumb on the scale on behalf” of the Trump administration — that dominated the news cycle that followed.But as I listened to the hourlong conversation, what I found most striking were his objections to the way he felt Weiss and her new lieutenant Nick Bilton treated him and his colleagues. That’s when…
Jun 09, 2026, 2:40 AM ETApollo Global Management, Inc. (APO) Stock, BX Stock, ANTHRO Stock, AVGO Stock, AVGO:CA Stock, GOOG Stock, GOOGL StockBy: Manshi Mamtora, CFARobert Way Apollo (APO) and Blackstone (BX) have finalized a $35B private credit financing package for AI startup Anthropic (ANTHRO), the Financial Times reported. This, one of the largest private credit financing deal will fund Anthropic’s (
Tools for Humanity, the eyeball-scanning startup co-founded by Sam Altman, is laying off employees, according to an internal email viewed by Business Insider.The company has struggled to show how its iris-scanning “Orb” can generate revenue and win over regulators, despite a $2.5 billion valuation and millions of sign-ups. Investors like Andreessen Horowitz, Bain Capital, and Khosla Ventures have poured hundreds of millions of dollars into the venture, according to PitchBook.”As we enter the next step of our company strategy and operating priorities, we have made the hard decision to make changes to some roles and teams across the company,” Tools…
Jun 09, 2026, 1:46 AM ETiShares China Large-Cap ETF (FXI), EWJ, DXJ, FXY, EWH, GXC, CAF, PGJ, TDF, KBA, HSI, KWEB, MCHI, CQQQ, YINN, ASHR, YANG, CHIQ, CWEB, CXSE, KURE, AS51, SHCOMP, SENSEXBTC-USD, NKY:IND, AUD:USD, NZD:USD, USD:JPY, USD:CNY, USD:INR, USD:KRW, JPY:USD, CNY:USD, INR:USD, HKD:USDBy: Meghavi Singh, SA News EditorFabrikaCr Asian equity markets mixed on Tuesday taking cues from Wall Street’s overnight gains as chipmakers staged a strong recovery from Friday’s steep selloff. Market sentiment was further supported as investors closely monitored tech sector valuation adjustments and the status of a
If there was one phrase the company wanted people to remember from WWDC 2026, it was Apple Intelligence, its very Apple-y branding for its suite of AI features.Apple said its new AI software, which has undergone a broad overhaul, is being threaded through every product — including its phone-based digital assistant Siri and the Vision Pro wearable.Siri, in particular, is getting an AI glow-up (more on that below). Safari will be able to organize tabs by topic, monitor webpages for updates, and create custom extensions from a natural-language prompt. Messages, Mail, Calendar, Phone, Home, and Shortcuts are all getting new…
Cibus (CBUS) Monday said that Craig Wichner, a board member since November 2025, has been appointed as the company’s CEO. Peter Beetham, who has served as the company’s interim CEO, will continue his role as the company’s president and COO. Wichner
OpenAI said a world where everything is automated would be dangerous.In a blog post on Monday, CEO Sam Altman and OpenAI’s chief scientist, Jakub Pachocki, said they were “clear-eyed about the risks” of AI, despite the productivity benefits it brings.”Entirely automating everything is not the future we want,” the duo wrote in the post. “It would be unfulfilling, and it would be dangerous.”They said that AI systems must remain safe and subject to human control. And as AI systems become more capable, the human roles of “setting directions, making tradeoffs, applying judgment, and bringing values, taste, care, and responsibility to…
This as-told-to essay is based on a conversation with Astha Chaturvedi, 38, the founder of Mouri Living. Her words have been edited for length and clarity.After a decade in Big Tech and at McKinsey, I was working at Ripple in San Francisco when I decided to build my own startup.I traveled to India in 2024 to hire a CTO. While I was there, a cousin suggested I open an office in India, pointing out that the startup ecosystem was booming. That sent my husband and me down a rabbit hole of exploring a move.We’d spent about 15 years building our…