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Founders Fund's investment in SpaceX is now valued at more than $50 billion.

Founders Fund's investment in SpaceX is now valued at more than $50 billion.

Founders Fund has invested approximately $600 million in SpaceX over the course of nearly two decades. At the valuation associated with the IPO, the value of Founders Fund's stake in SpaceX is over $50 billion, theoretically. The current Series E valuation places the neobank below its peak level reached in 2021.

The current Series E valuation places the neobank below its peak level reached in 2021.

The latest Series E funding values the US neobank at $1.5 billion, which is one-third lower than its peak in 2021, despite a 70% increase in revenue for the third consecutive year. The aim is to go public. The current Series E values the neobank at a level lower than its peak in 2021.

The current Series E values the neobank at a level lower than its peak in 2021.

The ongoing Series E values the US neobank at $1.5 billion, which is a third less than its peak in 2021, despite a 70% increase in revenue for the third consecutive year. The aim is to go public. UK under-16 social media prohibition: what Starmer is preparing to implement

UK under-16 social media prohibition: what Starmer is preparing to implement

Keir Starmer is expected to declare a ban on social media for those under 16 in the UK within the coming days. The child-safety organizations that advocated for this measure warn that an outright ban might have unintended consequences. UK under-16 social media prohibition: what Starmer is set to implement.

UK under-16 social media prohibition: what Starmer is set to implement.

Keir Starmer is expected to reveal a ban on social media for individuals under 16 in the UK within a few days. The child-safety organizations that advocated for this measure warn that an all-encompassing ban might have negative consequences. SpaceX's IPO turns Musk into a trillionaire at the expense of retirees.

SpaceX's IPO turns Musk into a trillionaire at the expense of retirees.

SpaceX's unprecedented $75 billion IPO propelled Elon Musk beyond the $1 trillion mark. The Nasdaq's expedited index regulations now require retirement funds to acquire shares in a company that is currently operating at a loss. SpaceX's IPO pushes Musk to trillionaire status at the cost of retirees.

SpaceX's IPO pushes Musk to trillionaire status at the cost of retirees.

SpaceX's unprecedented $75 billion IPO propelled Elon Musk's wealth beyond $1 trillion. The Nasdaq's expedited index regulations now require retirement funds to invest in shares of a company that is not currently profitable. Pleo's layoffs occurred just one day after the launch of its finance AI agent.

Pleo's layoffs occurred just one day after the launch of its finance AI agent.

The day after Pleo introduced AI agents for finance teams, reports emerged about new layoffs at Pleo: 50 employees, primarily from engineering and data departments, as its valuation declined. Google takes legal action against a scam operation that utilized Gemini AI to create fraudulent websites.

Google takes legal action against a scam operation that utilized Gemini AI to create fraudulent websites.

Google has filed a lawsuit against the Outsider Enterprise, an alleged Chinese cybercrime operation accused of utilizing Gemini AI to dispatch 2.5 million scam messages to Android users. The technology leader in the UK is advocating for pension funds to invest in AI startups.

The technology leader in the UK is advocating for pension funds to invest in AI startups.

Liz Kendall promises legal changes aimed at directing institutional capital toward British technology companies; however, American firms continue to prevail in securing AI contracts from the UK government. UK technology leader urges pension funds to support AI startups.

UK technology leader urges pension funds to support AI startups.

Liz Kendall promises legal changes to direct institutional capital towards British tech companies, yet American firms continue to hold a dominant position in AI contracts from the UK government. Claude Fable 5 restrictions: targeted at China, affected AI researchers.

Claude Fable 5 restrictions: targeted at China, affected AI researchers.

Anthropic created Claude Fable 5 restrictions to prevent access for China's AI laboratories. The strongest opposition originated from Western researchers, and the company has responded by reconsidering its stance. The latest Tesla FSD update includes a new feature that showcases a preview of your vehicle's parking strategy.

The latest Tesla FSD update includes a new feature that showcases a preview of your vehicle's parking strategy.

The update to Tesla's FSD 14.3.4 introduces a new on-screen message that displays as the vehicle nears its destination, outlining how it intends to park. Boox's compact e-reader, designed for comfortable handling, will delight book lovers with its stylus and charming appearance.

Boox's compact e-reader, designed for comfortable handling, will delight book lovers with its stylus and charming appearance.

The Boox Go 6 Gen II has been introduced as a compact 6-inch e-reader that supports stylus use, allowing users to annotate books, take brief notes, and conveniently carry it as a lightweight travel companion.

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