Politico : Gov. Gavin Newsom has engaged in months of negotiations to neutralize a proposed California wealth tax ballot initiative; a co...
Gov. Gavin Newsom has engaged in months of negotiations to neutralize a proposed California wealth tax ballot initiative; a compromise does not appear imminent — A compromise does not appear imminent. A union official cast doubt on the possibility of a deal, saying the two sides …
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CrowdStrike acquires Israel-based browser security startup Seraphic, a source says for around $400M; Seraphic has raised around $37M in total — Founded in 2020, the Israeli company focuses on embedding security directly into the browser. — CrowdStrike is acquiring Israeli startup Seraphic Security.
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Onebrief, which makes AI-powered military workflow software, raised a $200M Series D, nearly doubling its valuation from $1.1B to $2.1B in about half of a year — Defense software company Onebrief raised $200 million and snapped up Battle Road Digital, giving its military-planning suite a simulation and wargaming boost.
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Austin-based webAI, which is building AI models that run locally on devices, raised “high double-digit” millions in a Series A at a $2.5B pre-money valuation — WebAI, an Austin, Texas-based sovereign AI platform, raised “high double-digit” millions of dollars at a $2.5 billion pre-money valuation, it tells Axios.
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Sources: Meta and EssilorLuxottica are discussing potentially doubling Ray-Ban Meta production to 20M+ units by the end of 2026 and possibly as high as 30M+ — Meta Platforms Inc. and EssilorLuxottica SA are discussing potentially doubling production capacity for AI-powered smart glasses …
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Sources: CoinGecko, a prominent crypto market data and analytics company, is considering a sale at a ~$500M valuation, after starting the sales process in 2025 — The crypto market data firm has hired investment bank Moelis, as dealmaking across the sector accelerates.
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Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday — Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division …
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Sources: carmakers find a workaround for chip shortages amid Nexperia's internal battle, buying wafers from its Dutch arm and then shipping themselves to China — Several auto groups are buying wafers from chipmaker's Dutch arm, and shipping them to its Chinese unit to avoid output stoppages
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Apple unveils Apple Creator Studio, a “groundbreaking collection” of creative apps like Final Cut, Logic Pro, and Pixelmator Pro for $12.99/month or $129/year — Apple has announced Apple Creator Studio, which it describes as a “groundbreaking collection of powerful creative apps designed …
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Latin American VC funding rose 14.3% YoY in 2025 to $4.1B, with early-stage investment up 31.9% YoY to nearly $2B and late-stage/growth deals reaching $1.63B — Latin American startup investment climbed by 14.3% in 2025, driven by a boost in both early- and late-stage funding, Crunchbase data shows.
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