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Parallel Web Systems, an AI agent tools startup founded by former Twitter CEO Parag Agrawal, has raised $100 million in Series B led by Sequoia at a $2 billion valuation. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital and Terrain Capital also participated, the company said. The raise comes just five months after the startup announced a $100 million Series A led by Kleiner and Index at a valuation of $740 million, bringing its total funding to $230 million. Parallel offers a suite of web search and research APIs focused on AI agents, and counts…
Google CEO Sundar Pichai looks on at the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | AFP | Getty Imagesalphabet announced its first-quarter results after the bell on Wednesday, showing that revenue exceeded expectations due to rapid growth in its cloud business. The stock price rose in response to this news.Earnings per share: $5.11 Revenue: $109.9 billion compared to $107.2 billion expected by analysts surveyed by LSEGIt’s unclear whether EPS will match the $2.63 expected by analysts surveyed by LSEG.Wall Street also took note of several other numbers in the report.Google Cloud: $20.02 billion vs.…
Amazon CEO Andy Jassy speaks during the keynote at AWS re:Invent 2024, a conference hosted by Amazon Web Services, held at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Noah Berger | Getty ImagesAmazon On Wednesday, the company reported better-than-expected first-quarter profits and revenue, with cloud revenue beating analysts’ expectations. Shares fell more than 1% in extended trading. Here’s how the company performed compared to the expectations of analysts surveyed by LSEG:Earnings per share: $2.78 vs. $1.64 Revenue: $181.52 vs. $177.3 billionWall Street was also focused on other important earnings numbers. Amazon Web Services: $37.59 billion vs.…
Comey turned himself in on two charges, including threatening the life of the U.S. president and communicating threats across state lines.Published April 29, 2026April 29, 2026Former FBI Director James Comey appeared in federal court in Virginia a day after he was indicted over social media posts that prosecutors say threatened U.S. President Donald Trump.Comey appeared in court Wednesday on two charges, including threatening the president’s life and communicating threats across U.S. state lines.Recommended stories list of two itemsend of listThe former FBI director did not speak during the brief court appearance. His lawyer, Patrick Fitzgerald, said he would argue the…
Arsenal have sent a stern warning to leaders Manchester City that the race for the Women’s Super League title is not over yet, following a 7-0 thrashing of bottom-placed Leicester at the Emirates Stadium.Stina Blackstenias and Smila Holmberg each scored twice, with Frida Mahnum scoring the opening goal in her 100th WSL appearance, while Mariona Caldenti and Leah Williamson were also active. The Gunners have surpassed Man United and moved into third place, two points behind second-placed Chelsea and eight points behind City. But they still have two games left, and four overall. Next up is Brighton, which will be…
Almost overnight, AI-generated video went from novelty to creative tool, and runway has a front-row seat. The New York-based company has raised nearly $860 million at a $5.3 billion valuation, and its model will go head-to-head with some of the world’s best-funded research labs, including Google and OpenAI. This technology goes far beyond creating videos. Runway is now branching out into general world models with applications to games, robotics, and perhaps something closer to general intelligence. In this episode of TechCrunch’s Equity podcast, host Rebecca Bellan speaks with Runway co-founder and CEO Cristóbal Valenzuela about the future direction of video…
Ford at the New York International Auto Show on April 2, 2026 in New York City.Daniel DeVries | CNBCDetroit — ford motor The company plans to announce first-quarter results after the market closes on Wednesday.Here’s what Wall Street is expecting, based on a survey of analysts by LSEG.Earnings per share: 19 cents (adjusted) Auto revenue: $38.82 billion These results result in auto sales increasing approximately 3.7% year over year and adjusted earnings per share increasing 35.7% from 14 cents. Ford’s first-quarter 2025 results showed auto revenue of $37.42 billion, adjusted earnings before interest and taxes of $1.02 billion, and net…
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany on February 25, 2026.Sven Hoppe | Picture Alliance | Getty Imagesmicrosoft is scheduled to announce its third-quarter financial results after the close of regular trading on Wednesday.According to LSEG, here’s what analysts are looking for:Earnings per share: Adjusted $4.06 Revenue: $81.39 billionMicrosoft’s stock price is coming off its worst quarter since 2008, driven in part by market-wide concerns that artificial intelligence will overwhelm its software, and the company’s own concerns that its massive AI investments won’t produce the desired results. Still, Microsoft continues to see consistent…
U.S. Attorney General Pam Bondi and Deputy Attorney General Todd Blanchet arrive for a private conference with members of the House Committee on Oversight and Government Reform about the Justice Department’s handling of the Epstein investigation and compliance with the Epstein File Transparency Act at the Capitol in Washington, DC, on March 18, 2026. Nathan Howard | ReutersFormer Attorney General Pam Bondi will appear before the House Oversight and Government Reform Committee on May 29, the committee announced Wednesday.The committee majority announced the appearance on the same day that Democratic lawmakers announced they had begun the process of charging Bondi…
DUBAI, United Arab Emirates (AP) – Iran’s domestic currency, the rial, fell to a record low Wednesday, while the U.S. naval blockade increases pressure on its already battered economy. fragile ceasefire.Experts warn that the rial could fall further fuel inflation Many imports in this country, from food and medicine to electronics and raw materials, are affected by the dollar rate. The blockade cut off a vital source of government revenue and foreign exchange by halting or disrupting oil shipments. Iranian leaders are betting that their economy, built to be self-sustaining under decades of international sanctions, can withstand the pain.Four weeks…