ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year […]
TikTok parent ByteDance reportedly values itself at $300 billion Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before
The US IPO window hasn’t reopened yet, but startups take what they can Read More »
Last summer, a twin-propeller plane touched down on the gray-cratered terrain of Nuuk, the capital of Greenland. A 28-year-old deboarded, ready to march into the Nordic parliament building with a bold proposition: “I went to Greenland to try to buy it,” Praxis founder Dryden Brown wrote in a viral tweet later. On the phone with
Significant changes are coming to ABL Space Systems. The leader of the seven year old startup took to social media last night to make a big announcement: the company will no longer be focusing on the commercial launch market, but will be turning instead to missile defense. ABL had been developing a small launch vehicle
After raising nearly half a billion, ABL Space pivots from launch vehicles to missiles Read More »
Significant changes are coming to ABL Space Systems. The leader of the 7-year-old startup took to social media last night to make a big announcement: The company will no longer be focusing on the commercial launch market but will be turning instead to missile defense. ABL had been developing a small launch vehicle called RS1
Instyle reported yesterday that Meghan is an investor in the hair and wellness company Highbrow Hippie, founded by her colorist Kadi Lee, and Myka Harris. The company was announcing the launch of a new hair care line and Meghan told the outlet that she was “proud to invest in her as a friend and as
Meghan Markle is expanding her consumer portfolio Read More »
Bluesky is continuing to blow up. The Twitter-like service and alternative to Elon Musk’s X, has now surpassed 16 million users after seeing rapid growth in the days following the U.S. presidential election. While many are leaving X over the service’s increasing right-wing leanings and Musk’s campaigning for Trump, others are unhappy with other changes
How to use Bluesky, the Twitter-like app that’s taking on Elon Musk’s X Read More »
When you board a plane, the pilot already knows the weather on the flight path and can steer clear, or at least warn you it’s coming. The same can’t be said of “space weather” from solar events, which can seriously affect satellites and even passenger planes. Mission Space is about to launch a constellation provide
Mission Space launches next quarter to provide real-time space weather forecasts Read More »
To stay competitive, some companies are scrambling to adopt AI, but they are sometimes unsure of the best way to integrate AI into their business. Iliya Valchanov, co-founder and CEO of Team-GPT, thinks he has an answer to their worries. In 2023, Valchanov and Ilko Kacharov, Yavor Belakov, Katya Vaptsarova, and Maria Valchanova launched Team-GPT
Team-GPT raises $4.5M to offer suite of AI tools to companies Read More »
As the influencer economy grows, startups like PassionFroot, Agentio, and One Impression, along with social platforms like Instagram, YouTube, and TikTok are trying to build marketplaces to connect brands with creators. Miami-based startup Influur, is banking on two unique aspects of its platform: quick response from creators and financial tools to ensure they are paid
Influur wants to standout from other influencer marketplaces by promising timely payout Read More »
