Symbiotic, which is building a "universal staking" platform after starting as a restaking protocol on Ethereum, raised a $29M Series A led by Pantera Capital (Yogita Khatri/The Block) April 26, 2025 by appcompact
NetEase has lost at least three senior executives in recent months, as CEO William Ding pulls back on investments and cuts jobs in a bid to boost profits (Bloomberg) April 26, 2025 by appcompact
Docs and sources detail the opaque market for shares of Elon Musk's private companies; Valor recently offered investors $1B worth of shares in SpaceX and xAI (Wall Street Journal) April 26, 2025 by appcompact
A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings (Devon Pendleton/Bloomberg) April 26, 2025 by appcompact
IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020 (Asa Fitch/Wall Street Journal) April 26, 2025 by appcompact
A Nigerian tribunal upholds a $220M fine imposed on Meta in July 2024 for discriminatory and exploitative practices against Nigerian consumers (Nnaemeka Onyekachi/Nairametrics) April 26, 2025 by appcompact
A US DOJ official says Tyler Buchanan, a 23-year-old from Scotland, and an alleged Scattered Spider cybercrime group member, was extradited from Spain to the US (Margi Murphy/Bloomberg) April 26, 2025 by appcompact
Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servco (Stuart Dredge/Music Ally) April 26, 2025 by appcompact
Autodesk adds Jeff Epstein and Christie Simons to its board and settles the proxy fight with Starboard Value, which has criticized Autodesk for underperformance (Svea Herbst-Bayliss/Reuters) April 26, 2025 by appcompact
Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built with (Pete Koomen/koomen.dev) April 26, 2025 by appcompact