Supreme Court Rejects Conservative Group's Attempt To Change Consumer Financial Protection Bureau Funding

The Supreme Court has upheld the Consumer Financial Protection Bureau (CFPB) 's funding mechanism despite a challenge from conservative groups, ruling 7-2 in favor of the agency's funding structure.


OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round

The OpenAI Startup Fund has successfully raised an additional $5 million...

Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser

Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent...

Former Cruise CEO Kyle Vogt Returns to Robotics Realm, Raises $150 Million for Household Robot Company

Kyle Vogt, the former founder and CEO of self-driving vehicle firm Cruise, has launched a new venture-backed robots business focusing on home tasks...


Latest News

Former Facebook president Sean Parker gave half million dollars for marijuana legalization initiative in California
Former Facebook exec Sean Parker gave $500,000 to a newly formed group that aims to legalize recreational marijuana use in California.
Citigroup cancels airline credit facility
After the cancellation of short-term credit facility from Citigroup, South African Airways is in the process of getting guarantee support from the government. South African Airways has had seven CEOs
HSBC and JPMorgan Well Ahead In ARAMCO IPO Race
State-owned Saudi Arabian Oil Co. (ARAMCO) is possibly going for an IPO aiming to raise funds for $1 trillion to $10 trillion. Some shares of the IPO may be awarded among the local banks and investors
Y Combinator Reshuffles Executives, Gmail Creator Flagships ‘The Startup Accelerator’
In a major setback, Silicon Valley’s largest startup accelerator reshuffles assignments for top executives. After five years of joining, Gmail and FriendFeed dreamer Paul Buchheit replaces Sam Altman
Lily self-flying camera drone earned $34M in pre-orders, says CEO
Lily Robotics’ self-flying camera drone sale has earned $34 million in pre-orders, announced its CEO at the CES 2016.
Airbnb confirms $1.5 billion fund raising round
Airbnb, the US home-sharing startup, has confirmed closing of $1.5 billion fund-raising round. The latest closure of fundraising puts the unicorn startup at staggering valuation.
Billionaire George Lucas donates $10M to recruit young padawans to filmmaking
American film maker, producer, writer and creator of Star Wars, billionaire George Lucas and his wife Mellody Hobson, through the George Lucas Family Foundation, are donating $10 million to George Luc
Cloud storage startup ClearSky Data gets $27 million in Series B funding
Cloud storage is getting lots of attention recently as more companies shifting their data storage to cloud storage rather than physical storage. Due to high demand in the area, ClearSky Data, a compan
New crowdfunding norms to push US start-ups
The newly-approved crowdfunding norms will enable start-ups to mobilize funds from mom-and-pop investors over the internet. The US Securities and Exchange Commission (SEC) has okayed the new rules on
Revlon raises over $2M in crowdfunding for women's health charities
Revlon, Inc. has recently exceeded their goal of raising $1 million on crowdfunds for women's charity organizations, mainly owing to the support of mega stars such as Halle Berry, Emma Stone, Olivia W
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