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Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
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Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. ...

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Three things we learned about Apple’s AI plans from its earnings
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Apple CEO Tim Cook didn’t give much away about the company’s AI plans on Thursday’s Q2 earnings call with investors, but he did confirm a few tidbits ...

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A comprehensive list of 2024 tech layoffs
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The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job ...

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Musk is raising $6B for AI startup. Also, is TikTok dodging Apple’s commissions?
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Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it ...

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Match-owned Archer hits over half a million installs amid dating app slump
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It’s been almost one year since Match Group announced the launch of Archer, the online dating giant’s first app for gay, bi, and queer men. Since ...

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Luminar cuts 20% of staff and outsources lidar production
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Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a ...

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Iconiq raises $5.15B toward seventh flagship fund
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Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC ...

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X launches Stories, delivering news summarized by Grok AI
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X, formerly Twitter, is now using Elon Musk’s AI chatbot Grok to power a feature that summarizes the personalized trending stories in the app’s Explore ...

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Sprinklr lays off more than 100 employees
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Sprinklr, a U.S. firm offering a customer experience management platform to global brands, has laid off about 3% of its workforce ...

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How Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M
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Y Combinator is renowned in Silicon Valley for a lot of reasons, but there’s one service that has quietly become one of its most powerful: an online ...

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