Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year

Defense tech darling Mach Industries hits .8B valuation, a 4x jump in a year

Mach Industries, the three-year-old defense tech startup run by 22-year-old founder and CEO Ethan Thornton, has raised a $300 million Series C at a $1.8 billion valuation, the company announced on Monday. The raise nearly quadruples the valuation of the company in a year. In June 2025, Mach raised $100 million at a $470 million … Read more

Taylor Swift releases ‘Toy Story 5’ country song inspired by Jessie

Taylor Swift releases ‘Toy Story 5’ country song inspired by Jessie

Taylor Swift is putting her cowboy boots back on. The singer announced that her new song, “I Knew It, I Knew You,” will be released Friday as part of the soundtrack for “Toy Story 5,” which hits theaters June 19. Swift wrote on Instagram that she “wrote this song as soon” as she returned “home … Read more

The 10 best movies coming to Netflix in June

The 10 best movies coming to Netflix in June

Jennifer Lopez and Brett Goldstein in "Office Romance." Ana Carballosa/Netflix Check out classic movies and new releases this June on Netflix. Watch “Rocky IV,” “The Karate Kid Part II,” and “The Big Lebowski.” Also available this month is the new Jennifer Lopez movie “Office Romance.” Here are the best movies on Netflix in June 2026. … Read more

Charli XCX announces new album ‘Music, Fashion, Film’ out in July

Charli XCX announces new album ‘Music, Fashion, Film’ out in July

Another Brat summer is upon us. Charli XCX announced Monday that her new album, “Music, Fashion, Film,” drops July 24, and it already looks iconic. That’s because the cover art, which Charli shared on Instagram, features three icons within their fields. The Velvet Underground’s John Cale represents music, Marc Jacobs stands for fashion and beloved … Read more

Oil prices rise, but not by enough to keep Wall Street from more records

Oil prices rise, but not by enough to keep Wall Street from more records

Oil prices rose Monday following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks ticked to more records. The S&P 500 added 0.3% to its prior all-time high set on Friday. The Dow Jones Industrial Average rose 46 points, or 0.1%, and the Nasdaq composite climbed 0.4% … Read more

Sam Altman Weighs in on IPO Race After Anthropic Files to Go Public

Sam Altman Weighs in on IPO Race After Anthropic Files to Go Public

OpenAI CEO Sam Altman says the AI industry’s fiercest rivalry isn’t about who reaches Wall Street first. Hours after rival AI startup Anthropic revealed it had confidentially filed paperwork for an initial public offering, Altman downplayed the idea that the sector’s biggest players are in competition over their anticipated IPOs. “I think there is a … Read more

From the stage to the future: Where are Startup Battlefield’s alumni now?

From the stage to the future: Where are Startup Battlefield’s alumni now?

Some of the most consequential companies in tech history didn’t launch with a splashy fundraising announcement. They started with a pitch. Dropbox demoed to a room of skeptics. Cloudflare took the stage before most people understood what edge networking meant. Discord was a scrappy game developer called Hammer & Chisel. Mint, Trello, Forethought, N26 — … Read more

Ronald LaPread dead: Commodores’ co-founder and bassist dies

Ronald LaPread dead: Commodores’ co-founder and bassist dies

Ronald LaPread, a co-founder and former bassist of the funk and soul group the Commodores, has died. He was 75. “It is with a very heavy heart that I must announce that my father Ronald LaPread has passed,” LaPread’s daughter Soraya LaPread shared on her Instagram story. “If you know me you know my dad. … Read more

Barry Diller offers to buy rest of MGM in nearly $19 billion deal

Barry Diller offers to buy rest of MGM in nearly  billion deal

Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn’t already own, marking the latest pivot for the billionaire media mogul after overhauling IAC Inc. The proposal, which would be made through Diller’s business empire, People Inc., is for $48.30 a share for the 73.9% of MGM Resorts that … Read more

VC Bill Gurley Says Anthropic Is Trying to Build an AI God

VC Bill Gurley Says Anthropic Is Trying to Build an AI God

Venture capitalist Bill Gurley says he’s come up with a scarier theory than the idea that Anthropic wants to stifle its competition. “The more I dig, I’ve met people who I dare say think it’s their responsibility and they’re excited about building a species that’s superior to humans,” Gurley said during a recent episode of … Read more

Florida sues OpenAI, Sam Altman, in first-of-its-kind lawsuit over violent incidents

Florida sues OpenAI, Sam Altman, in first-of-its-kind lawsuit over violent incidents

OpenAI and its CEO, Sam Altman, were sued by the Florida Attorney General on Monday, in a first-of-its-kind state litigation effort over ChatGPT’s alleged links to a number of violent incidents. The lawsuit accuses OpenAI of looking the other way on safety concerns as it has sought to prioritize winning “the AI arms race and … Read more

Amazon’s Anthropic Stake Skyrockets As the AI Startup Heads for an IPO

Amazon’s Anthropic Stake Skyrockets As the AI Startup Heads for an IPO

Amazon’s investment in Anthropic has become one of the most lucrative bets in the cloud giant’s history. Amazon’s original $8 billion investment in the AI startup has swelled into a stake worth roughly $74 billion on paper as Anthropic’s valuation has soared, according to a quarterly filing from late April. In the filing, Amazon said … Read more

This AI weather startup is out-forecasting government agencies

This AI weather startup is out-forecasting government agencies

A new AI weather forecasting tool released today by the startup WindBorne Systems offers more frequent and accurate predictions on key variables than the world-leading system developed by European governments, thanks to advancements in how sensor readings are fed into deep learning models. Founded by a group of Stanford students in 2019, WindBorne began by … Read more

’60 Minutes’ veteran Scott Pelley rips CBS News bosses, saying they are ‘murdering’ the program

’60 Minutes’ veteran Scott Pelley rips CBS News bosses, saying they are ‘murdering’ the program

Nick Bilton, the new executive producer of “60 Minutes,” received a hostile welcome Monday from the CBS News program’s most respected correspondent Scott Pelley as the staff is still reeling over last week’s firings. In the first staff meeting since Bilton was named last week, Pelley accused CBS News Editor-in-chief Bari Weiss of “murdering” the … Read more

Internal Microsoft Surveys Show How Employees Feel About Managers

Internal Microsoft Surveys Show How Employees Feel About Managers

Microsoft employees are feeling more “energized” and “empowered” to do meaningful work, and worse about coaching, feedback, and motivation from managers. That’s according to a recent internal memo that highlights the results of the company’s latest employee surveys. In the memo, Microsoft Chief People Officer Amy Coleman shared what she called the “top strengths” and … Read more