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Skio never hired a sales team, never ran an ad, and just sold for $105 million cash to the company it was built to replace

Skio never hired a sales team, never ran an ad, and just sold for $105 million cash to the company it was built to replace

Kennan Frost dropped out of college, worked as an engineer at Pinterest, had a panic attack, quit, applied to Y Combinator in 2020, and by his own ac…
Amazon’s best quarter in years was half-built on a $16.8 billion paper gain from Anthropic

Amazon’s best quarter in years was half-built on a $16.8 billion paper gain from Anthropic

Amazon reported first-quarter 2026 net sales of $181.5 billion, a 17 per cent increase year on year that exceeded analyst estimates by more than $4 b…
Tim Cook returned $1 trillion to shareholders. John Ternus is being given permission to keep it.

Tim Cook returned $1 trillion to shareholders. John Ternus is being given permission to keep it.

For nearly 15 years, Apple’s financial strategy has been defined by a single number: more than $1 trillion returned to shareholders through stock b…
The factory that built your iPhone is now building the robot that will assemble the next one

The factory that built your iPhone is now building the robot that will assemble the next one

In April, a humanoid robot called the Honor D1 completed the Beijing half-marathon in 48 minutes and 19 seconds under remote control and 50 minutes a…
Foreign automakers are not staging a comeback in China. They are learning to be the junior partner.

Foreign automakers are not staging a comeback in China. They are learning to be the junior partner.

In January and February 2026, Volkswagen reclaimed the top position in China’s passenger vehicle market with a 13.9 per cent share, narrowly ahead of…
Nvidia built the AI engine. Alphabet is building the car, the road, and the toll booth. The market is pricing accordingly.

Nvidia built the AI engine. Alphabet is building the car, the road, and the toll booth. The market is pricing accordingly.

On Thursday, Alphabet’s share price rose nearly 10 per cent after the company reported first-quarter revenue of $109.9 billion, a 22 per cent increas…
The venture fund that spent $4.6 billion in a year just raised $6 billion more

The venture fund that spent $4.6 billion in a year just raised $6 billion more

Founders Fund, the venture capital firm co-founded by Peter Thiel, closed a $6 billion growth fund on 1 May, its largest ever and its fourth dedicate…
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