Author: GT

Whoop, the fitness and health tracking wearable company, has closed a $575 million Series G funding round at a $10.1 billion valuation — nearly triple its last reported valuation of $3.6 billion — in a deal that brings together sovereign wealth funds, major health institutions, and some of the world’s most recognizable athletes. The round was led by Collaborative Fund and includes participation from Mubadala Investment Company, Qatar Investment Authority, 2PointZero Group, Abbott, Mayo Clinic, Macquarie Capital, IVP, Foundry Group, Accomplice, Affinity Partners, Glade Brook, B-Flexion, Promus Ventures, and Bullhound Capital. Individual investors include Cristiano Ronaldo, LeBron James, Rory McIlroy,…

Demonstrators hold posters of Ayatollah Khomeini outside the American Embassy which is occupied by ‘students following the Imam Khomeini’s line on November 16, 1979 in Tehran, Iran. Kaveh Kazemi | Hulton Archive | Getty ImagesPresident Donald Trump is taking a triumphal tone as he plans to address the nation Wednesday night about the Iran war. But there is reason to worry that the conflict and its economic consequences for Americans may get worse before they get better. If so, Trump will struggle to shake off the damaging political legacy of the war.In that he would join a long line of…

Amazon’s latest upgrade to Alexa+, its next-generation AI assistant, allows you to order food from popular delivery services Uber Eats and Grubhub in a conversational manner, just as if you were chatting with a waiter at a restaurant or placing an order at a drive-thru, according to Amazon. The aim of this new Alexa+ feature is to create a more natural and interactive ordering experience. Starting today, users can begin requesting a cuisine, explore menu options, ask questions, and customize their meal all within a single conversation. If users change their mind halfway through, want to add a dessert, or…

Rec Room, once hailed as a promising giant in the social gaming world, announced Monday it would be shutting down its platform on June 1.  If you’re a fan of the platform or have ever spent time creating or exploring in its virtual worlds, this news probably hits hard. Over the years, Rec Room attracted more than 150 million players, becoming a go-to spot for social gaming, especially during the pandemic when everyone was looking for ways to connect online.  Founded in 2016 by Nick Fajt and Cameron Brown, Rec Room garnered significant attention and investments, reaching a valuation of…

Sweden-based caller ID app Truecaller said Tuesday that it has hit the milestone of 500 million monthly active users on its platform. The company said that it also crossed the mark of 150 million users outside India, its biggest market with over 350 million monthly users. The company said that it added 50 million users in 2025, and its user base has doubled in the past five years. In April 2025, Truecaller said it had more than 450 million users. The company also noted that more than 4 million people subscribe to its paid plans. “More and more people need…

TikTok has quietly added a secret emoji game that you can access in your DMs. The goal of the game is simple: use your finger to bounce as high as you can by hopping across alligators. Avoid the skeleton alligators, and be careful — broken alligators disappear after just one landing, so you need to quickly bounce to the one above. If you guide your jump to a floating emoji, you’ll get a speed boost that helps you climb faster. The same happens when you land on an alligator with a propeller on it. If you fail to land on…

Meta lost a lawsuit against the state of New Mexico last week, marking the first time that the company has been held liable by the court system for endangering child safety. This was a landmark decision on its own — but the next day, Meta lost another case when a jury in Los Angeles found that the company knowingly designed its apps to be addictive to children and teens, therefore endangering the mental health of the plaintiff, a 20-year-old known as K.G.M. These precedents open the floodgates for a wave of lawsuits concerning Meta’s intentional pursuit of teen users, despite…

Sometimes an apparently good idea, a big raise from a big-name VC, and a sea of well-connected angel investors is not enough. Less than a year after launching, Yupp is closing its business, co-founders Pankaj Gupta and Gilad Mishne announced on Tuesday. Yupp offered a crowdsourced AI model-picking service. It allowed consumers to test and compare results from a supply of 800 AI models for free, including the state-of-the-art ones from OpenAI, Google, and Anthropic. Yupp would return multiple replies from the prompt request, including information or images, and users would offer feedback on which models worked best for them…

International Energy Agency (IEA) Executive Director Fatih Birol gives a press conference in Brussels on March 6, 2026. Nicolas Tucat | Afp | Getty ImagesThe coming month will see an intensification of the oil supply glut that has driven prices sharply higher since the start of the Iran war, according to the head of the International Energy Agency. Speaking to the “In Good Company” podcast hosted by Nicolai Tangen, CEO of Norges Bank Investment Management, Birol said the energy crisis sparked by the U.S.-Iran war was the worst in history. “The next month, April, will be much worse than March,” he…

Pete Martin remembers raising a $5 million seed round at a $25 million post-money valuation for his AI-powered cybersecurity company Realm way back in 2024, aka, like a thousand “AI years” ago.   That valuation seemed high for that amount at the time, he recalled. But today, “it’s pretty typical” to see a $10 million seed round at a $40 million to $45 million post-money valuation, he said, especially if you are an AI company.   Actually, that type of thing happens only if you are an AI company, as investors are showing little interest in anything else.  At the most recent…