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  • May 20, 2025
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Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. Development Partners International’s Nclude Fund led the round. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest round includes both fresh equity and

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  • May 19, 2025
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Waymo gets OK to expand robotaxi service into more of Silicon Valley

The company is also aiming to unlock access to the San Francisco International Airport, although those plans are on a much longer timeline.

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  • May 19, 2025
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Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push

Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI

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  • May 19, 2025
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Waymo and Uber are giving some riders early access to Atlanta robotaxi service

Atlanta is the second city to get the so-called "Waymo on Uber" service. The companies launched the service, which matches riders with a

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  • May 19, 2025
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Judge pressures Apple to approve Fortnite or return to court

A federal judge is asking Apple to approve Fortnite’s submission on the U.S. App Store or return to court to explain the legal basis as to why it has not done so. In a new filing, U.S. District Judge Yvonne Gonzalez Rogers confirms the court has received Epic Games’ latest

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  • May 19, 2025
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Apple approves Spotify update so US users can buy audiobooks within the app

Spotify announced on Monday that Apple has approved a new app update, allowing iPhone users in the U.S. to purchase individual audiobooks directly within the app. Users can also view audiobook prices and easily buy additional listening hours beyond the initial 15 hours. “This change lowers the barriers for more

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  • May 19, 2025
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Headline Asia closes $145M fund to fuel investments in Asia-Pacific

With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is “going through [one of its] cyclical

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  • May 19, 2025
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Google launches stand-alone NotebookLM apps for Android and iOS

Google announced on Monday that it has officially released the NotebookLM apps for Android and iOS, a day before Google I/O 2025 and a day before the company said it would roll out. Since its launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop. Google

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  • May 19, 2025
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Trump signs bill criminalizing revenge porn and explicit deepfakes

President Donald Trump is expected to sign the Take It Down Act today, a bipartisan law that enacts stricter penalties for distributing non-consensual explicit images, including deepfakes and revenge porn. 

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  • May 19, 2025
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AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300

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