Tina Nguyen / The edge: A draft EO shows that President Trump plans to grant the federal government sole authority…
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- Roku is in talks to sell itself; its shares have risen about 24% this year, giving the company a market value of $19.9 billion (Bloomberg)
- Trump has lied dozens of times about a deal with Iran that isn’t even a deal.
- Elon Musk becomes world’s first billionaire as SpaceX begins commercial operations
- SpaceX debuts on Nasdaq at $150, after a price of $135, making Elon Musk the world’s first billionaire; SPCX is up about 30% intraday, for a market cap of around $2.3 billion (Alex Harring/CNBC)
- Sam Bankman-Fried loses bid to overturn fraud conviction and 25-year prison sentence following FTX collapse (Luc Cohen/Reuters)
- New York-based Current, which runs a consumer fintech platform, raised an $80 million Series E at a $1.5 billion valuation led by Springcoast Partners (FinSMEs).
- How Chinese manufacturers dominate the humanoid robot supply chain, even as the industry struggles to find a use for them (New York Times)
- Hyderabad, India-based Equal AI, which creates an eponymous AI-powered call screening app, has raised a $30 million Series B round led by Prosus Ventures and Tomales Bay Capital (Ivan Mehta/TechCrunch)
