Laid-off Oracle workers tried to negotiate better severance. Oracle said no. 

On March 31, a date that will likely remain etched in the memories of thousands, the tech behemoth Oracle executed a sweeping reduction in its workforce, reportedly impacting an estimated…

Porsche Announces Closure of Three Subsidiaries Amidst Declining Sales and Strategic Realignment

Stuttgart, Germany – Porsche AG, the venerable German luxury sports car manufacturer, announced on Friday the closure of three key subsidiaries: Cellforce Group, Porsche eBike Performance, and Cetitec. This decisive…

Basata Secures $21 Million Series A to Revolutionize Specialist Referrals, Addressing Healthcare’s Administrative Quagmire

The often-overlooked yet critical administrative chasm between a primary care physician’s referral and a specialist’s confirmed appointment is finally attracting significant venture capital interest, as evidenced by Basata’s recent $21…

Ramp Seeks $750 Million at Valuation Exceeding $40 Billion, Signaling Continued Fintech Dominance

The corporate spend management behemoth, Ramp, is reportedly in advanced discussions to secure an additional $750 million in funding, a move poised to propel its pre-money valuation beyond an astonishing…

Kalshi Secures $1 Billion Series F, Propelling Valuation to $22 Billion Amidst Institutional Surge.

Prediction market innovator Kalshi announced on Thursday, May 7, 2026, the successful completion of a $1 billion Series F funding round, which has elevated the company’s valuation to a staggering…

Silicon Valley’s Lachy Groom Makes Rapid $20 Million Bet on Indian Home Services Startup Pronto, Valuing it at $200 Million

Lachy Groom, one of Silicon Valley’s most influential and closely observed solo investors, has made a significant $20 million investment in the burgeoning Indian home services startup, Pronto. This strategic…

ReMarkable Unveils Paper Pure, Reaffirming Commitment to Monochrome E-Ink for Focused Productivity

In a strategic pivot back to its foundational principles, E Ink tablet manufacturer reMarkable has announced the launch of the Paper Pure, a new monochrome device that succeeds the widely…

SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw

In a pivotal strategic move underscoring the intense pressures and transformative potential of artificial intelligence within the enterprise sector, European software giant SAP has announced its intention to acquire German…

Nuro Secures Landmark Driverless Permit for Lucid Gravity SUVs in California, Paving Way for Uber’s Premium Robotaxi Service

Nuro, the Silicon Valley-based autonomous vehicle technology developer, has been granted a crucial permit by the California Department of Motor Vehicles (DMV) to commence driverless testing of Lucid Gravity SUVs…

Moment Energy Secures $40 Million Series B, Poised to Revolutionize North America’s Energy Storage with UL-Certified EV Battery Repurposing

Moment Energy, a pioneering startup at the forefront of sustainable energy solutions, has successfully closed a $40 million Series B funding round, bringing its total capital raised to over $100…