Author: GT

Final countdown — less than 1 week to save up to $210 on TechCrunch All Stage passes! Founder or investor, this is your last chance to save big before June 22 at 11:59 p.m. PT. Founders, sharpen your edge. Investors, meet the next rocket ships. On July 15, startup and VC leaders will gather at SoWa Power Station in Boston for TC All Stage — TechCrunch founder-first summit built for startups scaling from seed to IPO. This is where traction becomes breakout growth. Secure your pass now with up to $210 in savings — and give your startup a competitive…

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty ImagesGlobal investors may be underpricing the impact of a conflict between Israel and Iran, market watchers warned on Monday, as stocks rallied despite escalating warfare in the Middle East.The two regional powers continued trading fire on Monday, marking the fourth consecutive day of fighting since Israel launched airstrikes against Iran last week.Despite the continued fighting — with hundreds reported dead — global stock markets sustained a positive momentum on Monday, seemingly…

It took 11 years since Facebook acquired it for $19 billion, but Meta is finally bringing ads to WhatsApp, marking a major change for an app whose founders shunned advertising.Meta announced Monday that businesses will now be able to run so-called status ads on WhatsApp that prompt users to interact with the advertisers via the app’s messaging features. The ads will only be shown to users within WhatsApp’s “Updates” tab to separate the promotions from people’s personal conversations. Additionally, Meta will begin monetizing WhatsApp’s Channels feature through search ads and subscriptions. The debut of ads on the messaging app represents a…

Germany and NVIDIA are building possibly the most ambitious European tech project of the decade: the continent’s first industrial AI cloud.NVIDIA has been on a European tour over the past month with CEO Jensen Huang charming audiences at London Tech Week before dazzling the crowds at Paris’s VivaTech. But it was his meeting with German Chancellor Friedrich Merz that might prove the most consequential stop.The resulting partnership between NVIDIA and Deutsche Telekom isn’t just another corporate handshake; it’s potentially a turning point for European technological sovereignty.An “AI factory” (as they’re calling it) will be created with a focus on manufacturing,…

U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersU.S. Steel shares jumped on Monday after President Donald Trump approved its controversial merger with Japan’s Nippon Steel.U.S. Steel shares were last up about 5% in premarket trading.Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security agreement with the U.S. government. The companies said they signed the agreement with the government, completing the final hurdle for the deal.U.S. Steel said…

Trails of Iranian ballistic missiles light up the night sky as seen from Gaza City during renewed missile strikes launched by Iran in retaliation against Israel on June 15, 2025. Anadolu | Anadolu | Getty ImagesTehran will “pay the price” for its fresh missile onslaught against Israel, the Jewish state’s defense minister warned Monday, as markets braced for a fourth day of ramped-up conflict between the regional powers.Fire exchanges have continued since Israel’s Friday attack against Iran, with Iranian media reporting Tehran’s latest strikes hit Tel Aviv, Jerusalem and Haifa, home to a major refinery. CNBC has reached out to…

Smoke rises in the distance following an Israeli airstrike in Tehran, Iran, on June 14, 2025. \Khoshiran | Afp | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets.Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted.Prices of gold, the stalwart shelter in times of crises, rose. Investors flock to the precious metal amid uncertainty because it serves as a stable store of value that is mostly resistant against exogenous shocks, such as inflation or geopolitical conflicts.And the dollar strengthened, as it is wont to do when…

India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an increasing market for digitalized banking experiences for non-resident Indians(NRIs), ranging from remittances to investing in different assets back home. Aspora (formerly Vance) is trying to build a verticalized financial experience for the Indian diaspora by keeping convenience at the center. While a lot of financial…

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran.Getty Images | Getty Images News | Getty ImagesThe CEOs of two major energy companies are monitoring the developments between Iran and Israel — but they aren’t about to make firm predictions on oil prices.Both countries traded strikes over the weekend, after Israel targeted nuclear and military facilities in Iran on Friday, killing some of its top nuclear scientists and military commanders.Speaking at the Energy Asia conference in Kuala Lumpur on Monday, Lorenzo Simonelli, president and CEO of…

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets.Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted.Prices of gold, the stalwart shelter in times of crises, rose. Investors flock to the precious metal amid uncertainty because it serves as a stable store of value that is mostly resistant against exogenous shocks, such as inflation or geopolitical conflicts.And…