Lerrel Pinto co-founded Fauna Robotics, a startup that built an approachable bipedal robot called Sprout. He left in 2025. Amazon acquired Fauna in March, along with its 50 employees and its $50,000, three-and-a-half-foot-tall dancing humanoid, to enter the consumer robotics market. Pinto then co-founded Assured Robot Intelligence with Xiaolong Wang, a former Nvidia researcher and associate […]

Keeping track of rent due dates, scheduling apartment maintenance, even figuring out how to split utilities with roommates – when it comes to renting, there are plenty of chores on your to-do list. Thankfully, these days, there’s an app for everything. I’ve rounded up a list of the top 8 apps to help busy renters […]

The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, including cars, car parts, semiconductors, and pharmaceutical products. In exchange, the EU […]

Mark Zuckerberg’s earnings call on Wednesday was about AI. It was about the $125 billion to $145 billion Meta plans to spend on capital expenditure in 2026. It was about Llama models and recommendation engines and the advertising systems that generate $56 billion in quarterly revenue. It was not about children. No investor asked Zuckerberg […]

Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded by alumni of MIT’s HAN Lab. In a market where the largest AI […]

The Pentagon announced on 1 May that it has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI for expanded use of advanced artificial intelligence on classified military networks. The deals bring the total number of companies with such agreements to seven, following similar arrangements with SpaceX, OpenAI, and Google, which signed its own […]

Founders Fund, the venture capital firm co-founded by Peter Thiel, closed a $6 billion growth fund on 1 May, its largest ever and its fourth dedicated late-stage vehicle. The majority of the capital, $4.5 billion, came from limited partners including sovereign wealth funds. The remaining $1.5 billion came from the firm’s own partners and employees, […]

When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, the largest increase since the Russia-Ukraine shock of 2022. For most oil-importing nations, this was an economic […]

For the first time in the 25-year history of the World Press Freedom Index, more than half of the world’s countries now fall into the “difficult” or “very serious” categories for press freedom. The share is 52.2 per cent, up from 13.7 per cent when Reporters Without Borders first published the index in 2002. The […]

Netflix can afford to lose this case. The company reported $12.25 billion in revenue in the first quarter of 2026, a 16 per cent increase from the prior year, with net income of $5.28 billion. It has 325 million paying subscribers worldwide. In March, it raised prices again, pushing the Premium plan in the United […]