Author: Editor-In-Chief

Lovable, a fast-growing vibe coding startup in Europe, told TechCrunch that it has an annual revenue run rate of over $500 million. Loveable last mentioned revenue in February, when the company announced that it had more than $400 million in revenue. In August 2024, Loveable said it could reach $1 billion in annual revenue within 12 months. While it may not be on track to double that number by summer, it is still reporting impressive growth. The company was founded at the end of 2023, but has not yet reached its third anniversary. The company also claims that it has…

Online resale app Vinted is seeing a tectonic shift in consumer behavior as habits are formed around the resale economy, the company’s head of marketplace told CNBC on Monday.Vinted, a consumer-to-consumer platform that allows customers to sell unwanted items such as clothing, electronics, and even furniture, has grown rapidly in recent years, driven by more consumers seeking value amid rising global costs of living. Last year, the value of items sold on Vinted increased by nearly 50% as Vinted launched in more European markets.“This is a fundamental shift in the consumption of second-hand goods, and I think it’s here to…

A SpaceX sign outside the Space Exploration Technologies Corp. facility in Hawthorne, California, June 3, 2026. Michael Yanow | Null Photo | Getty Imagescurrent and former groups space x Employees who worked together to manage post-IPO assets created a new low-fee advisory option with Choreo, according to people familiar with the deal.The employee group has more than 100 members and has potential assets of $1 billion to $5 billion, said the people, who asked not to be identified to discuss the secret agreement. What began as an informal chat forum focused on philanthropy has grown into a broader effort to…

Eric Trump, left, and Donald Trump Jr. pose for pictures outside the Nasdaq MarketSite after ringing the opening bell to celebrate the closing of Alt5 Sigma’s adoption of its cryptocurrency deal with World Liberty Financial, in New York, Aug. 13, 2025.Eduardo Munoz | ReutersBack in August, Eric Trump and Donald Trump Jr. were all smiles. They showed up at the Nasdaq stock exchange in New York to celebrate a new business partnership with a little-known publicly traded company, then called Alt5 Sigma, to give investors easier access to a cryptocurrency backed by the Trump family. Less than 10 months later,…

Harvey and Legora have topped an eight-figure funding round, proving that legal tools are one of the fastest-growing and most competitive areas for AI startups. But while these tools are focused on individual practices, some startups believe there is still a large unserved legal market. Sandstone, which announced $30 million in Series A funding on Tuesday, focuses on the tangle of overlapping tasks and systems faced by in-house legal teams, highlighting some of the legal areas that have been overlooked. The Series A was led by Lightspeed Venture Partners with participation from existing investors including Sequoia, Mantis VC, SV Angel,…

A person emerges from JPMorgan Chase headquarters in New York City on February 17, 2026. Zamek | View Press | Corbis News | Getty ImagesJP Morgan Chase It plans to introduce an artificially intelligent agent later this year that can operate autonomously for much longer than existing versions, marking a new milestone in enterprise AI adoption, CNBC exclusively reported.Derek Waldron, JPMorgan’s chief analytics officer, told CNBC in an interview that AI agents are evolving from tools that complete single tasks to digital workers that manage multi-step workflows and different software programs.”We have entered a long-term era of autonomous agents,” Waldron…

The US president warned Prime Minister Netanyahu that if the attacks continue even after Israel and Iran cease fighting, he will take action on his own.Just hours after US President Donald Trump claimed a peace deal with Iran was on the horizon, Israel attacked Tire in southern Lebanon, killing at least eight people and forcing thousands to flee.The Israeli military issued a new eviction order for Tire on Tuesday, ordering entire areas of the city, including for the first time Christian neighborhoods where many displaced people have taken refuge, to immediately evacuate before launching deadly attacks.Recommended stories list of 3…

The “SaaSpocalypse” is over and AI is now providing “huge tailwinds” for software companies, said founder and managing partner of private equity giant Thoma Bravo.Software-as-a-Service stocks came under pressure in February, but Anthropic’s announcement of advanced AI tools for collaborative agent Claude caused a sharp decline, raising investor fears about the space’s “SaaSpocalypse.”But Orlando Bravo, founder and managing partner of Thoma Bravo, told CNBC that investors are underestimating software companies’ ability to adapt.He said his firm’s portfolio companies, one of the world’s largest private equity investors in software and technology-enabled services, manage about $200 billion in assets and have combined…

summary Chinese President Xi Jinping visited North Korea for the first time in seven years to strengthen relations with North Korean leader Kim Jong Un. President Xi specifically omitted any mention of the denuclearization of the Korean Peninsula, a significant change from his previous visit in 2019. The visit signals China’s efforts to reaffirm its influence over North Korea, which has grown closer to Russia in recent years. AI-generated summaries were reviewed by CNN editors. Beijing/Seoul — Chinese leader Xi Jinping’s first visit to North Korea in seven years was not just rhetoric praising the historic ties between China and…

Here’s one indicator to track SpaceX’s IPO later this week. The company has revolutionized the way the venture industry views space as a long-term, capital-intensive space, making it possible for talented founders with no space experience to fund space data center companies. Orbital, a new company launched in May with a $5 million seed round from a16z’s startup accelerator program Speedrun, is the latest company to commit to doing inference in space, similar to how Starship regularly flies. Other investors include Basis Set, Human Element, Wayfinder, Antler, Anti Fund, Ascent, Rubik, Zero Knowledge Ventures, LYVC, Feld Ventures, New Legacy, FNDR,…