Castelion is expanding its postponed missile business by raising a $350 million Series B

Hypersonic Weapons startup Castelion is raising a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital, according to sources and documents viewed by TechCrunch. The round, which values a billion-person company, is expected to close in a few weeks. The term sheet has been signed. The new round comes just after $100 […]
Ransomware Gang Hunter International says it’s shut down

The ransomware gang known as Hunter International announced on Thursday it was shutting down on a dark webpage. “We have carefully considered it and decided to close the Hunter International Project in light of recent developments,” Hacker wrote in the post. “This decision has not been underestimated and we recognize the impact that it will […]
Everything you need to know about Flash, Blueski-based Instagram alternatives

This year, Flashes launched an Instagram alternative built on top of the Bluesky social network. It is now available on the App Store. This app offers another way to view visual posts on Bluesky. Instead of viewing them in a timeline-like feed similar to X, the app draws inspiration from photo-based social networks like Instagram. […]
Openai blames Robinhood’s “Openai Tokens”

Openai wants to make it clear that the sale of Robinhood’s “Openai Tokens” does not give Openai any daily consumer capital or inventory. The company said in a post from X’s official newsroom account. “These ‘Openai tokens’ are not fair for Openai,” Openai’s newsroom account said Wednesday. “We did not partner with Robinhood, did not […]
Could Google’s VEO3 be the beginning of a playable world model?

Demis Hassabis, CEO of Google’s AI research institute Deepmind, appears to have hinted that Google’s latest video generation model, Veo 3, could potentially be used for video games on Tuesday evening. When I asked Google, “Let me play a video game with VEO 3 video,” Hassavis replied, “Wan a playable world model?” On Wednesday morning, […]
It’s on track to raise $150 million at a $2 billion valuation

One of Vibe-Coding’s world’s beloved figures and one of Europe’s fastest-growing AI startups, Lovable is committed to raising more than $150 million at a valuation of nearly $2 billion, according to the Financial Times. The salary increases and huge step-ups in valuation come just a few months after the Swedish startup raised a $15 million […]
Tesla’s energy storage business is sucked into the company’s downward spiral

Even Tesla’s energy storage business was a small, yet remarkable, bright place, so it’s hard to escape the clouds hanging from the company. Statistics released by Tesla show that the deployment of fixed storage products from Powerwall and Megapack has declined over the second quarter. In the second quarter of this year, the company installed […]
Data breaches reveal that Catwatchful’s “Stalkerware” is spying on thousands of phones

A stealth Android spyware operation security vulnerability, called Catwatchful, has exposed thousands of customers, including administrators. A bug discovered by security researcher Eric Daigle spilled a complete database of email addresses in the Spyware app, as well as a plaintext password for the password that Catwatchful customers use to access stolen data from the victim’s […]
Tesla faces second consecutive year of decline in sales after another bad quarter

Tesla delivered 384,122 vehicles in the second quarter of this year, closing off an even weaker quarter for the company as it struggles to bring the pace of sales back to its 2023 level. This represents a 13.5% decline from Tesla’s number delivered in the second quarter of 2022, meaning Tesla could fall below total […]
Libian will receive the next billion dollars from Volkswagen as sales struggle continues

Libian hit a milestone in an agreement with German automotive giant Volkswagen. Libian announced Wednesday that it had delivered 10,661 vehicles in the second quarter. This is a 23% decline in sales from the second quarter of 2024, a slight improvement over the rough first quarter of Libian, which delivered 8,640 EVs. The company has […]