How Europe’s new carbon tax on imported goods will change global trade

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How Europe’s new carbon tax on imported goods will change global trade

For people living in the European Union, the price of their next car, home renovation, and even local produce may soon reflect a climate policy that many have never even heard of. This new regulation, which comes fully into force on New Year’s Day, does not just target heavy industry—it affects everyday goods which now face an added carbon cost when they enter Europe.

8 months ago

economy

Warner Bros. Discovery rejects Paramount's hostile bid, calls offer 'illusory'

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Warner Bros. Discovery rejects Paramount's hostile bid, calls offer 'illusory'

Warner Bros. Discovery called Paramount's offer "illusory" and said that the company had misled shareholders about its financing.

8 months ago

economy

Larry Ellison’s big dumb gift to his large adult son

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Larry Ellison’s big dumb gift to his large adult son

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8 months ago

economy

Roomba maker iRobot swept into bankruptcy

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Roomba maker iRobot swept into bankruptcy

Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

8 months ago

economy

Who’s making the most money in AI? It’s not who you think

Human

Who’s making the most money in AI? It’s not who you think

The fastest growing companies in the world aren’t AI companies, but the startups that supply them with warm bodies.

8 months ago

economy

SpaceX reportedly planning 2026 IPO with $1.5T valuation target

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SpaceX reportedly planning 2026 IPO with $1.5T valuation target

The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco's in 2019.

9 months ago

economy

Oh look, CoreWeave is issuing $2 billion more debt.

Human

Oh look, CoreWeave is issuing $2 billion more debt.

In the story I wrote about CoreWeave, analyst Gil Luria told me the company has “to keep borrowing more and more because they spend more money than they can get, structurally. They have to continue to borrow to pay interest on the last loan.” Aren’t you glad Nvidia helped them go public?

9 months ago

economy

Paramount tries to swipe Warner Bros. from Netflix with a hostile takeover

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Paramount tries to swipe Warner Bros. from Netflix with a hostile takeover

Paramount has already proven it can get a controversial merger done.

9 months ago

economy

Harness hits $5.5B valuation with $240M raise to automate AI's 'after-code' gap

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Harness hits $5.5B valuation with $240M raise to automate AI's 'after-code' gap

Goldman Sachs has led Harness's Series E round, with participation from IVP, Menlo Ventures, and Unusual Ventures.

9 months ago

economy

A massive, Chinese-backed port could push the Amazon Rainforest over the edge

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A massive, Chinese-backed port could push the Amazon Rainforest over the edge

The port will revolutionize global trade, but it’s sparking destructive rainforest routes.

9 months ago

economy

Sources: AI synthetic research startup Aaru raised a Series A at a $1B 'headline' valuation

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Sources: AI synthetic research startup Aaru raised a Series A at a $1B 'headline' valuation

The one-year-old startup, which does market research on simulated populations, had a multi-tier valuation round, sources tell TechCrunch.

9 months ago

economy

SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America's most valuable private company

mainstream

SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America's most valuable private company

The eye-popping figure reflects how routine mega-valuations have become in private markets.

9 months ago

economy