Saturday, July 12, 2025

Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B (Zack Abrams/The Block)

Zack Abrams / The Block:
Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B  —  - Memecoin launchpad Pump.fun raised $600 million through its public sale of PUMP tokens, which fully sold out in just 12 minutes.



Belkin's move to brick Wemo devices highlights how little accountability IoT companies face when abandoning connected products customers paid for (Scharon Harding/Ars Technica)

Scharon Harding / Ars Technica:
Belkin's move to brick Wemo devices highlights how little accountability IoT companies face when abandoning connected products customers paid for  —  In a somewhat anticipated move, Belkin is killing most of its smart home products.  On January 31, the company will stop supporting the majority …



Stanford study: LLMs struggle to respond appropriately to questions about delusions, suicide, and OCD, but AI could play valuable supportive roles to therapists (Benj Edwards/Ars Technica)

Benj Edwards / Ars Technica:
Stanford study: LLMs struggle to respond appropriately to questions about delusions, suicide, and OCD, but AI could play valuable supportive roles to therapists  —  When Stanford University researchers asked ChatGPT whether it would be willing to work closely with someone who had schizophrenia …



Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired (Cecilia D'Anastasio/Bloomberg)

Cecilia D'Anastasio / Bloomberg:
Studios like Do Big are buying Roblox games for $1M+ in a thriving secondary market; Naavik: seven of the 15 highest-earning games in June have been acquired  —  Game service spawns a busy after market for the most-popular titles … It sold a few months later for more than $3 million.



Friday, July 11, 2025

Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation (Kelsey Warner/Semafor)

Kelsey Warner / Semafor:
Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation  —  A startup looking to address steep roaming charges with lower-cost digital SIM cards is the telecom industry's latest unicorn.  Airalo has raised $220 million in new funding …



RealSense spins out from Intel after 14 years as the chipmaker's robotics camera unit, and raises a $50M Series A with participation of Intel Capital and others (Samantha Subin/CNBC)

Samantha Subin / CNBC:
RealSense spins out from Intel after 14 years as the chipmaker's robotics camera unit, and raises a $50M Series A with participation of Intel Capital and others  —  Intel is spinning out its artificial intelligence robotics and biometric venture as more companies bet big on automation tools.



Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China (Bloomberg)

Bloomberg:
Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China  —  Chinese AI startup Zhipu is considering shifting its planned initial public offering to Hong Kong instead of mainland China …



Wednesday, July 9, 2025

Ikea plans to relaunch its smart home line with 20+ new Matter-over-Thread devices, set to release in January 2026, and updates its Dirigera smart home hub (Jennifer Pattison Tuohy/The Verge)

Jennifer Pattison Tuohy / The Verge:
Ikea plans to relaunch its smart home line with 20+ new Matter-over-Thread devices, set to release in January 2026, and updates its Dirigera smart home hub  —  Ikea is relaunching its smart home line in a move that will make its low-cost products work with other brands, with or without Ikea's own hub.



Google rolls out a new Gmail feature to manage subscriptions, showing a list of emails delivered via active subscriptions, sorted by the most frequent senders (Andrew Liszewski/The Verge)

Andrew Liszewski / The Verge:
Google rolls out a new Gmail feature to manage subscriptions, showing a list of emails delivered via active subscriptions, sorted by the most frequent senders  —  The new Manage Subscriptions view in Gmail will help you reclaim an inbox overrun with emails you don't want.



Apple supplier Lens Technology, one of the top smartphone part makers, raised ~$608M in its Hong Kong IPO, as the Chinese company looks to expand overseas (Peggy Ye/Nikkei Asia)

Peggy Ye / Nikkei Asia:
Apple supplier Lens Technology, one of the top smartphone part makers, raised ~$608M in its Hong Kong IPO, as the Chinese company looks to expand overseas  —  HONG KONG — Apple supplier Lens Technology announced it has raised 4.77 billion Hong Kong dollars ($608 million) in a share listing in Hong Kong …



PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...