Business

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Business

DOJ Probes Nvidia's $20B Groq 'Acquihire' Over Antitrust Concerns

The US Department of Justice has launched an antitrust probe into Nvidia's $20 billion licensing deal with AI accelerator startup Groq, according to reports. The deal, structured as a technology license and talent acquisition rather than a full merger, left Groq's core inference-as-a-service business intact but stripped it of key engineering staff, leading senators and regulators to question whether it was engineered to avoid regulatory scrutiny.

13 Sept 2026
Business

Automattic Confirms Mullenweg's Return as CEO After Tumultuous Board Ouster

Automattic has officially confirmed that Matt Mullenweg has returned as chairman and CEO, ending a chaotic 48-hour period during which the board had voted to place him on paid leave and install CFO Mark Davies as interim CEO. The confirmation, issued Saturday evening, states Mullenweg has "full support of the board," though the events of the past week have raised questions about the company's governance.

12 Sept 2026· 5 sources
Business

LinkedIn wins dismissal of 'BrowserGate' lawsuits over scanning users' Chrome extensions

LinkedIn has beat two proposed class-action lawsuits accusing the Microsoft subsidiary of scanning users' browser extensions, after a federal judge ruled the plaintiffs failed to establish legal standing. The decision, handed down Tuesday by Judge Vince Chhabria in US District Court for the Northern District of California, dismissed the cases but granted leave to amend — while expressing doubt the claims can ever succeed.

11 Sept 2026
Business

Bending Spoons acquires Miro for $1.36 billion, 92% below peak valuation

Bending Spoons, the Italian serial acquirer of software companies, has agreed to buy workplace collaboration platform Miro for $1.36 billion in cash — a fraction of the $17.5 billion valuation the company commanded during the pandemic-era SaaS boom of 2021. The deal, announced Thursday, represents a 92% decline in value and follows the same pattern as Bending Spoons' purchase of Airtable for $1.28 billion last month.

11 Sept 2026· 2 sources
Business

Massachusetts orders data centers to bring their own clean power, joining wave of state restrictions

Massachusetts has become the third state in three months to tighten rules on data center development, with Governor Maura Healey signing an executive order requiring new facilities larger than 25 megawatts to supply their own clean power or pay into a ratepayer protection fund. The mandate, which also directs local communities to avoid nondisclosure agreements and pauses a sales tax exemption, reflects growing public opposition to the energy demands of the expanding industry.

10 Sept 2026· 2 sources
Business

Autonomy pivots to gas vehicles to revive car subscription model after EV bet falters

Autonomy, the California vehicle-subscription startup that nearly collapsed after pledging to buy 23,000 electric vehicles in 2022, is adding internal combustion engine (ICE) cars to its fleet for the first time. The company said on Wednesday it will offer gas-powered Ford models including the Mustang, Ranger, F-150, Bronco Sport, Escape and Explorer, sourced from Los Angeles-based Galpin Motors, in a bid to attract customers who have so far resisted electric-only subscriptions.

10 Sept 2026
Startups

Fusionality raises $3.7M to build control systems for fusion reactors, founded by DeepMind alumni

Fusionality, a Lausanne-based startup founded by former Google DeepMind researchers Federico Felici and Jonas Buchli, has raised $3.7 million (CHF 3 million) in a pre-seed round led by Founderful and Playfair. The company plans to develop standardised control systems and simulation environments for magnetic confinement fusion reactors, addressing what it says is a common need across the industry.

9 Sept 2026
Business

Meta Ads Promoting AI-Generated Child Sexual Abuse Material Persist on Facebook and Instagram, New Report Finds

A new report by the US-based Tech Transparency Project (TTP) has found that Meta ran hundreds of paid advertisements featuring AI-generated child sexual abuse imagery on Facebook and Instagram over the past 10 months, with more than a dozen ads appearing after the watchdog alerted the company. The findings come two months after the Indian government ordered Meta to remove all CSAM content from Instagram, yet 78 of the 84 ads detected in India ran after that order.

9 Sept 2026· 2 sources
Startups

Poseidon Aerospace Raises $60M Series A as Pilotless Cargo Plane Nears First Test Flight

Poseidon Aerospace has closed a $60 million Series A funding round led by TQ Ventures as the startup prepares for the first test flight of its uncrewed cargo aircraft, Egret, expected by the end of this year. The company, founded by David Zagaynov and Parker Tenney, is taking a deliberately unglamorous approach to air cargo—opting for fixed-wing combustion-engine planes rather than the vertical takeoff or electric powertrains favored by many advanced air mobility startups.

9 Sept 2026· 2 sources
Business

Thailand asks data center operators to suspend 49 buildouts pending new legal framework

Thailand has requested that operators of 49 data centers currently under construction pause their buildouts while the government develops a unified regulatory framework. The National Economic and Social Development Council (NESDC) is leading a week-long information-gathering effort, with a draft law expected within a month. However, the request is voluntary — NESDC secretary-general Danucha Pichayanan acknowledged the government lacks the power to suspend construction, and any future legislation will apply retroactively to ongoing projects.

9 Sept 2026