Author: Editor-In-Chief
Popular AI gateway maker OpenRouter, founded in 2023, has raised a whopping $113 million in Series B funding led by CapitalG, the growth venture fund of Google’s parent company Alphabet. The company did not disclose its new valuation, but the New York Times reported it was about $1.3 billion post-money. This is a significant increase from the estimated $547 million post-money valuation it reached a year ago, according to PitchBook, after raising $40 million in Series A funding in June 2025. The round was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia. What a difference a year…
In this photo illustration taken in Athens, Greece on March 3, 2026, a smartphone screen displays a stock market curve and a laptop computer screen displays a map of the Strait of Hormuz.Null Photo | Null Photo | Getty ImagesU.S. Treasury yields fell on Tuesday as bond markets returned from their Memorial Day break on hopes of a Middle East peace deal, even as the U.S. military carried out a new attack on Iran. yield of 10 years US Treasury The note, a key benchmark for U.S. government borrowing, fell more than 7 basis points to 4.496%.of 2 years treasury…
Dropbox co-CEOs Ashraf Alkarmi and Drew Houston. Mr. Huston will ultimately step down and assume the role of executive chairman of the company, which he led for 19 years.Provided by: DropboxFounded by Drew Houston drop box Almost 20 years ago, at the age of 24, he rose to prominence in Silicon Valley, becoming the first technology entrepreneur to take a company from the Y Combinator incubator program to a public listing. Now, at 43 years old, Houston is ready to do something different. He informed staff on Tuesday that he plans to transition to the role of executive chairman after…
On May 13, 2026, U.S. Vice President J.D. Vance holds a press conference to discuss “anti-corruption efforts” at the Indian Treaty Room in the White House complex in Washington, DC, USA. Evelyn HochsteinReuterDemocratic state attorneys general on Tuesday declined an invitation to the Anti-Fraud Initiative Roundtable hosted by Vice President J.D. Vance at the White House, citing the fact that they were first invited on Friday, days after Republican attorneys general were invited to attend.In a letter dated Tuesday after the Memorial Day holiday, the 24 attorneys general told Vance: “We would appreciate the opportunity to have a serious discussion,…
summary Three teenage boys convicted of raping two girls have been spared jail terms, sparking outrage across the UK. Prime Minister Keir Starmer described the judgment as “disastrous” and “appalling” before announcing the Court of Appeal review. One of the victims said the judge’s decision made it seem as if the crime was excused because they were children. AI-generated summaries were reviewed by CNN editors. london — Last week, three teenage boys convicted of raping two girls were allowed to leave a British court without custodial sentences, sparking a nationwide outcry. The verdict in the case, which British Prime Minister…
Check out some of the companies making headlines before the stock market’s opening bell. Autozone — The auto parts retailer fell more than 5% after AutoZone CEO Phil Daniele said international sales had struggled in the most recent quarter, even though domestic sales remained strong. The company’s third-quarter revenue was $4.84 billion, below the FactSet consensus estimate of $4.86 billion. Quarterly earnings were $38.07 per share, beating estimates of $36.22 per share. Eli Lilly — Pharmaceutical stocks rose 1% after Eli Lilly said it would acquire three companies, Curevo Inc., LimmaTech Biologics AG and Vaccine Company, to build out its…
Jonathan Ra | Null Photo | Getty Imagesmicron The company surpassed $1 trillion in market capitalization for the first time on Tuesday, with its stock soaring 18% on the back of insatiable artificial intelligence demand for its memory chips.The stock price surge came after UBS tripled its price target for the company from $535 to $1,625 per share, citing the opportunity for a long-term contract at a partially fixed price.”As more details emerge about the structural changes AI has brought to the entire memory complex, we expect the market to begin pricing the stock at more ‘normal’ multiples, and MU’s…
Texas Republican Sen. John Cornyn (left) and Texas Attorney General Ken Paxton.Eddie Seal | Bloomberg | Getty ImagesThe Republican Senate primary runoff elections have begun in Texas, with incumbent Sen. John Cornyn trying to fend off a primary challenge from Attorney General Ken Paxton, who is backed by President Donald Trump. The winner of the Republican runoff will face Democratic state Rep. James Talarico in the November general election. The race is expected to be one of the most expensive in the nation, as Republicans aim to maintain their Senate majority and Democrats seek to win a long-coveted Senate seat…
Prime Minister Nikol Pashinyan, who has deepened ties with the United States, faces a challenge from pro-Russian parties in upcoming parliamentary polls.Published May 26, 2026May 26, 2026Armenia has signed a strategic partnership agreement to strengthen ties with the United States as Prime Minister Nikol Pashinyan faces a challenge from pro-Russian parties in the country’s elections scheduled for June.U.S. Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan also signed a framework on Tuesday for cooperation on critical minerals and transit corridors in Armenia’s capital, Yerevan.Recommended stories list of 3 itemsend of list”This agreement is the biggest step yet…
Universal Music Group (UMG) and TikTok recently announced a renewal of their licensing agreement. This includes a promise to remove unauthorized AI-generated music from the platform to improve how artists and songwriters are credited. In a joint announcement, UMG said the agreement “expands TikTok and UMG’s groundbreaking work in protecting AI that promotes human artistry and ensures that the economics of the platform are effectively passed on to artists and songwriters. Together, TikTok and UMG will work to remove unauthorized AI-generated music from the platform while further improving attribution for artists and songwriters.” This new agreement represents a notable change…