Reuters traced $2.3bn in Iranian exchange Nobitex’s flows since 2023 to Tron and BNB Chain, the blockchains established by World Liberty Financial’s two most prominent early backers. No party at WLF has been accused of knowing about it. A Reuters inves…
L Catterton has sold its majority stake at a steep discount to the DTC era’s peak valuation. Common stockholders get nothing. The Everlane board signed on Saturday. Shein, the Chinese-founded ultra-fast-fashion giant, is acquiring Everlane, the San Fra…
The Tampa-based, Sun Capital-owned software services firm is folding the SAP- and IWG-trusted UK digital agency into its Digital Experiences practice. Deal terms were not disclosed. Exadel, the Tampa-based software-development and consulting firm, has …
An order posted on Saturday tells Apple to hand over financial information to India’s competition regulator. It also tells the regulator not to issue a final ruling before 15 July. The Delhi High Court told Apple over the weekend to ‘fully cooperate’ …
A federal judge in San Francisco wanted more detail on lawyers’ fees and lead-plaintiff payments before signing off on what would be the largest copyright settlement in US history. A federal judge in San Francisco declined on Thursday to give final app…
Barclays Climate Ventures and Two Seas Capital led the British precision-liquid-cooling company’s Series B, with existing backers ABC Impact, Northern Gritstone, Edinv, and British Patient Capital all returning Iceotope, the British precision-liquid-co…
For ten months, Figma has been a case study in how quickly Wall Street can fall out of love. The company went public on 31 July 2025 at $33 a share, soared past $140 on its debut, and has spent most of 2026 in freefall, battered by Google’s free Sti…
Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised …
Alex Karp has spent the past fortnight telling anyone who will listen that Palantir Technologies is indispensable. Retail investors and the German military have arrived at the opposite conclusion, and their timing is almost perfectly synchronised. In…
OpenAI’s partnership with Apple, announced to considerable fanfare in June 2024, is fracturing. The AI company’s lawyers are actively working with an outside legal firm on options that could include sending Apple a formal notice alleging breach of co…