Echo Wang / Reuters: Sources: Vimeo owner Bending Spoons is seeking to raise about $1.62 billion in a U.S. IPO,…
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- New York-based crypto analytics startup Allium raised a $40 million Series B led by Amplify Partners, with participation from Kleiner Perkins and others (Ben Weiss/Fortune)
- The EU is set to impose a €3 tax on non-EU items under €150 from July 1, as the bloc seeks to slow the flow of low-cost goods from retailers like Temu (Brendan Murray/Bloomberg)
- How the data center boom is revealing weaknesses in America’s power grids and what solutions power infrastructure might need to be ready for the future (Chris Gillett/Works in Progress Magazine)
- A US NLRB judge ruled that Amazon violated federal law by failing to recognize the Teamsters union at an SF warehouse and must bargain collectively with workers (Josh Eidelson/Bloomberg)
- Bangladesh PM Tarique Rahman asks Malaysia to lift restrictions on labor migration – The Diplomat
- Qualcomm is in advanced talks to acquire Modular in a deal valuing the AI chip startup at around $4 billion, up from a September 2025 valuation of $1.6 billion (Bloomberg)
- Trump’s midterm election rigging scheme resulted in a big loss
- President Trump signs two executive orders aimed at accelerating the development of advanced quantum computers and mitigating the security threats they pose (Amrith Ramkumar/Wall Street Journal)
