Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the b [...]

How the Silicon Valley sneaker that was once worth $4 billion ended up selling for $39M

The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours bec [...]

Sony is reportedly shutting down Dark Outlaw Games, run by former Call of Duty director

Sony is shutting down Dark Outlaw Games, a first-party game studio led by former Call of Duty producer Jason Blundell, Bloomberg's Jason Schreier reports. Before leading Dark Outlaw Games, Blunde [...]

This team password manager costs $1.50/user and just added the features businesses actually need

Somewhere in your company right now, someone is sharing a login credential through Slack, a sticky note, or a spreadsheet named “passwords_final_v3.” You know it. They know it. And eventually, an [...]

Epoch Biodesign closes $12M to prove its nylon recycling enzymes can work at scale

The London startup uses AI-engineered enzymes to break nylon 6,6 waste, from leggings to airbags to carpets, back into the monomers it was made from, recovering more than 90% and removing the need for [...]

Amazon acquires Fauna Robotics and its approachable humanoid Sprout

The deal, Amazon’s second robotics acquisition this month, brings a 50-pound, 3.5-foot bipedal robot called Sprout into the company’s portfolio, less than two months after Fauna launched it to res [...]

The OpenAI Foundation plans to spend at least $1 billion this year

The nonprofit that controls OpenAI has outlined four programme areas, Alzheimer’s, jobs, AI resilience, and community, and brought on two senior hires to run the biggest of them. The gap between its [...]

Galtea raises $3.2M to help enterprises test AI agents

The Barcelona Supercomputing Center spin-off, founded eighteen months ago, uses AI to generate realistic test scenarios that expose failures, hallucinations, bias, and security risks before enterprise [...]

Openreach expands collaboration with Google Cloud AI to plan its full-fibre rollout

The BT subsidiary, operator of the UK’s largest broadband network and the country’s second-largest commercial fleet, has built a digital twin of the UK’s transport and broadband infrastructure o [...]