Elon Musk’s xAI reportedly looks to raise $300M in tender offer

Elon Musk’s xAI reportedly looks to raise $300M in tender offer

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. According to The Financial Times, the secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer…

Tesla files new ‘Robotaxi’ trademark applications after prior attempt stalls

Tesla files new ‘Robotaxi’ trademark applications after prior attempt stalls

Tesla has filed trademark applications for the term “Tesla Robotaxi,” after the company’s previous attempts to secure trademarks for its planned self-driving vehicle service hit roadblocks. The company originally applied in October 2024 for the trademark of the words “Robotaxi” and “Cybercab.” The United States Patent and Trademark Office (USPTO) told the company last month…

Abra CEO Sees $130,000 As Liquidity Floods In

Abra CEO Sees $130,000 As Liquidity Floods In

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What we expect including new iOS software updates, macOS, AI and more

What we expect including new iOS software updates, macOS, AI and more

Apple‘s big 2025 software reveal is nearly upon us. On June 9, the Worldwide Developers’ Conference (WWDC) keynote will showcase the changes coming with its 2025 software. That includes — deep breath — iOS, iPadOS, macOS, watchOS, tvOS and visionOS. Leaks suggest this year will be a biggie. In addition to the requisite Craig Federighi…

PayPal is killing Google Wallet integration for users in the US

PayPal is killing Google Wallet integration for users in the US

Edgar Cervantes / Android Authority TL;DR Google Wallet is ending its PayPal account integration for U.S. users, meaning they will soon lose the ability to use linked PayPal for payments. This change takes effect on June 13, 2025, and Google already stopped new PayPal linking for U.S. users in April. The discontinuation will not affect…

NSO Group asks judge for new trial, calling $167 million in damages ‘outrageous’

NSO Group asks judge for new trial, calling $167 million in damages ‘outrageous’

In May, a jury ruled that spyware maker NSO Group must pay $167 million in damages to WhatsApp for a 2019 hacking campaign that targeted more than 1,400 people. Calling the damages ruling “outrageous,” “blatantly unlawful,” and “unconstitutionally excessive,” NSO Group now wants the judge overseeing the case to reduce the amount, or order a…