Startup company News & Breaking Stories

Geothermal energy, previously limited to specific regions, is on the verge of exponential growth with new drilling techniques. Startups like Fervo Energy are leading the way.

Arm's oversubscribed IPO could have been priced at $52 per share, above the indicated range of $47 to $51.

Actor Ryan Reynolds has made over $450 million from brand deals with companies like Aviation Gin and Mint Mobile, despite admitting he's "no wizard" at investing. Reynolds is known for his "valued-added investing" strategy, using his name and face to tell a startup's story and increase its return on investment. This tactic is becoming increasingly popular among venture capitalists and angel investors like Reynolds, as well as retail investors using equity crowdfunding platforms. Despite the risks, Reynolds has had a series of nine-figure exits and continues to invest in startups like Nuvei Corp.

Elon Musk endorses Republican presidential candidate Vivek Ramaswamy's call to reduce aid to Israel, sparking controversy and boosting Ramaswamy's popularity.

Elon Musk unveils new "X" logo to replace Twitter's blue bird as part of a major rebranding effort. The move has alienated users and advertisers, leaving Twitter vulnerable to competition. Musk aims to create an "everything app" similar to China's WeChat. Critics argue the rebranding is a risky move that may confuse users and erase brand recognition. However, some analysts believe it could drive engagement and appeal to new audiences.

Billionaire Elon Musk forms new AI company, xAI, to "understand reality."

Meta's Twitter competitor, Threads, has gained 100 million users in a few days, surpassing ChatGPT. Meta's stock has risen over 135% this year, but Fidelity has written down its valuation of Twitter from $44 billion to $15 billion, representing a loss of 65.9%.

Pylon, a startup, has raised $3.2 million in seed funding to help businesses manage and direct customer conversations from communication channels like Slack and Microsoft Teams. The company aims to solve the challenge of tracking and prioritizing messages, and it plans to expand its support to other channels in the future. Pylon currently supports Slack and has already gained customers, including Hightouch. Despite launching during uncertain economic times, the company is already profitable and plans to grow its team. The funding round was led by General Catalyst, with participation from Y Combinator and other investors.

Jennifer Aniston reveals her fitness tips for maintaining her toned physique.

Iconic earthquake resistant house on the market for $2.87 million.