In a viral X post that parodies the old Mac vs. PC commercials, General Catalyst posted a “VC vs GC” video, with the VC apparently modeled after Marc Andreessen — One of the most entertaining moments in VC this week was a piece of rage-bait marketing from General Catalyst.
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Semiconductor stocks fell globally on Friday after the Trump-Xi summit concluded without major chip deals; Nvidia closed down 4.42% and AMD closed down 5.69% — Beijing hasn't formally approved Nvidia shipments of its H200 chips to China — Global semiconductor stocks skidded …
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Sources: SpaceX aims to make its IPO prospectus public by next week, targeting a June 12 listing on Nasdaq, driven by a faster-than-expected SEC review — Elon Musk's rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early as June 11 …
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Sources: Nord Quantique, a quantum computing startup that is pursuing a hardware-level quantum error correction approach, raised $30M at a $1.4B valuation — West Coast pipeline is conditional on carbon-capture project, Carney says — Boycotts, cancellations and price hikes: Get ready for a summer of travel chaos
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Source: Kraken cut ~150 staff after AI tools improved efficiency and its IPO may be delayed until late 2026 or early 2027 due to a drop in digital-asset prices — Kraken, one of the world's oldest cryptocurrency exchanges, has cut some staff to reduce costs and may not go public as soon …
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