Trump threatens 25% tariffs on iPhones made outside the US
President Trump lashed out at Apple on Friday, threatening the company with a 25% tariff on iPhones unless it moves production to the U.S. “I have long ago informed Tim Cook of Apple that I…
Tinder CEO to step down in July
Faye Iosotaluno, the CEO of Tinder, will step down from her role in July, according to a post she published on LinkedIn. Iosotaluno served less than a year in the role and spent nearly eight…
Field raises $17M to automate the drudgery of tax prep
There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Field, hopes to automate the grunt work. “The tax industry…
Apple reportedly plans to let developers build on top of its AI
Apple plans to release a new set of AI products and frameworks at its Worldwide Developers Conference (WWDC) this June, including tools that’ll let third-party developers create software using Apple AI models, per a Bloomberg…
South Loop Ventures closes $21M fund in Houston to build up local tech ecosystem
South Loop Ventures, a Houston-based venture firm, announced a $21 million Fund I, with Rice Management Company and Chevron Technology Ventures serving as anchor investors. The firm, which launched in 2022, focuses on seed and…
New York-focused VC Work-Bench has raised a fresh $160M
Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post…
NFT phenom CryptoPunks was just sold to a nonprofit
Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. The deal details are undisclosed,…
Microsoft is reportedly about to layoff 3% of its workforce
Microsoft is about to trim its worldwide workforce by 3%, CNBC reports. The company had around 228,000 employees worldwide as of June, it says, meaning more than 6,500 could be affected by the cuts. It…
Google launches new initiative to back startups building AI
On Monday, Google announced the launch of its AI Futures Fund, a new initiative that seeks to invest in startups that are building with the latest AI tools from Google DeepMind, the company’s AI R&D…
Serena-backed health tech lands first FDA approval for home cervical cancer test
For the first time, the FDA has just approved a device that lets people screen for cervical cancer from home. Known as the Teal Wand, from the company Teal Health, the prescription device lets patients…