Author: Editor-In-Chief
Ali Ghodsi, co-founder and CEO of Databricks.data brickDatabricks announced Monday that it has raised $5 billion in capital and $2 billion in new debt facilities at a valuation of $134 billion. The privately held data analytics software company also said annual revenue exceeded $5.4 billion in the January quarter, up 65% from a year earlier, and it has generated free cash flow over the past year. This kind of performance could motivate public market investors who don’t see a lot of new issues from high-growth technology companies. Databricks is ready to go public “when the time is right,” co-founder and…
listen to this article | 4 minutesinformationIran’s nuclear energy chief said the country is willing to dilute its highly enriched uranium if the United States ends sanctions, indicating that it is willing to respond flexibly to major U.S. demands.Mohammad Eslami told reporters on Monday in comments to reporters that Iran’s chances of diluting 60% enriched uranium, a threshold close to weapons-grade, depended on “all sanctions being lifted in return,” according to Iran’s state-run IRNA news agency.Eslami did not say whether Iran expected all sanctions to be lifted, or specifically sanctions imposed by the United States.Diluting uranium means mixing it with…
World champion McLaren has revealed the car livery it will use in races when it defends its F1 world title in the 2026 season.Unveiling the MCL40’s color scheme in Bahrain on the eve of pre-season testing, which begins on Wednesday, McLaren has deliberately stuck to its tried-and-true livery scheme for the challenger, where everything has changed for F1’s radical new regulation era. The 2026 car ran in a one-off dark livery during its debut at Barcelona Shakedown last month, but the race livery closely resembles its appearance from the past two seasons, with the now trademark papaya color returning as…
Mr. NatWest Shares fell 9% on Monday after the company announced a 2.7 billion pound ($3.7 billion) deal to acquire Evelyn Partners, one of Britain’s biggest wealth managers.The deal will double NatWest’s total assets under management from £59bn to £127bn, the British bank announced in a press release on Monday. NatWest is looking to strengthen its wealth management services, saying its fee-based business can counter a fall in interest income due to lower central bank interest rates. Europe’s banking sector performed well in 2025, with stronger organic growth leaving many lenders with excess capital and raising expectations for an increase…
Do you have real-world scaling experience? The stage at TechCrunch Founder Summit 2026 is calling. This annual founder-focused event in Boston on June 23 will bring together more than 1,100 founders and investors to explore the realities of scaling a startup at every stage. We’re looking for experienced founders, VCs, and startup operators to lead interactive roundtable discussions based on practical, real-world insights. We bring together experienced leaders from across the startup ecosystem to host interactive roundtable sessions aimed at fostering real conversations. Here, founders get honest guidance, tactical takeaways, and clear information about the challenges of growth. Please apply…
At America’s oldest bank, 134 new employees don’t sleep or take sick leave. They don’t even have names.They are what BNY calls “digital employees.” They work hand in hand with humans. They have a unique role and are judged on how well they carry it out. Some of their work was done by people last year.“Digital employees work 24/7 and are obviously very different from human employees,” said Rachel Lewis, BNY’s head of payments operations, who oversees nine digital employees in addition to thousands of humans. “It focuses on very specific, repetitive tasks and allows human employees to perform more…
Monday.comThe company’s stock plunged more than 19% on Monday after the project management platform issued weak guidance to address growing concerns that artificial intelligence is disrupting software business models.The Israel-based company expected sales of $338 million to $340 million for the quarter, falling short of the $343 million expected by analysts surveyed by FactSet. For the full year, monday.com expected sales of $1.452 billion to $1.462 billion, compared to FactSet’s forecast of $1.48 billion.Software stocks have been sold off in recent weeks due to growing concerns about the disruption of AI and worries that new agent tools could replace it.…
Torwa was waiting for her flight at an airport lounge in Washington, D.C., when she was accosted by an unknown man. The two chatted, and after a while she agreed to exchange phone numbers with him. It wasn’t until she got home and searched his social media that she realized he had posted numerous videos of himself trying to pick up women at airports. These videos were shot using a camera built into his glasses. Smart glasses look like regular glasses and are growing in popularity, although they are still relatively niche. “I was horrified, but I found his TikTok…
Michael Carrick is 4-4, Manchester United are rejuvenated and the similarities to Ole Gunnar Solskjaer’s instant impact in 2018 are striking. Carrick had his first taste of managing United as caretaker manager following Solskjær’s departure in 2021, but skepticism about his long-term suitability for the role is tied to the former super-sub’s failure to sustain his incredible start. Use Chrome Browser for a more accessible video player Highlights of the Premier League match between Manchester United and Tottenham Hotspur. But Old Trafford is buzzing again and there is no doubt that Carrick has restored the flow, feel and freedom that…
As Pakistan positions itself as a regional security provider, its growing militancy and economic constraints continue to test the sustainability of its ambitions.From February 2 to 4, rebel commander in eastern Libya Khalifa Haftar visited Rawalpindi and met with Army Chief Asim Munir at Pakistan’s military headquarters. The visit may have seemed routine, but it highlights Pakistan’s growing defense diplomacy in the Middle East and North Africa (MENA).Pakistan has reportedly signed a $4 billion defense deal with President Haftar’s self-styled Libyan National Army (LNA) that includes 16 JF-17 fighter jets and 12 Super Mushak trainer aircraft, and was reportedly concluded…