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Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.org — a site that provides access to WordPress plug-ins, themes, a

Lilium, once a darling in the nascent industry of electric aircraft that raised more than $1 billion before going public, has ceased operations and laid off about 1,000 workers after efforts to gain financing and exit insolvency failed. Update: Lilium might be saved after all. The company said in

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the COVID-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its

Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat app’s total revenue surpassed $1 billion in 2024. The company, which launched its premium subscription service in 2022, now has 12 million paid users. Durov also said that the app is finishing th

A U.S. judge has ruled that Israeli spyware maker NSO Group breached hacking laws by using WhatsApp to infect devices with its Pegasus spyware. In a historic ruling on Friday, a Northern California federal judge held NSO Group liable for targeting the devices of 1,400 WhatsApp users, violating sta

OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or anything else it has released. These improvements appear to have come from scaling test-time compute, something we wrote about last month, but OpenAI also says it used a new s

Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue — and a new pathway for automakers to make money beyond building and selling cars.  Those VC-money-printing days have

Cristian Ponce was wearing an Indiana Jones costume when he met his co-founder Théo Schäfer. It was at a Halloween party in 2023 thrown by Entrepreneur First, a startup program that introduces founders to one another before they launch an idea. The two hit it off, Ponce remembers. Schäfer had s

Google has offered up its own proposal in a recent antitrust case that saw the U.S. Department of Justice argue that Google must sell its Chrome browser. U.S. District Court judge Amit Mehta ruled in August that Google had acted illegally to maintain a monopoly in online search, with the DOJ then

Humans have an innate desire to name things, but to be honest, we're not always that good at it. Take climate tech: It's a category of companies and technologies that, broadly speaking, seek to minimize or reverse our impact on the climate while also helping us adapt to its increasing chan

Becoming a venture capitalist has become the latest status symbol in Hollywood.  Everyone these days, from Olivia Wilde to Emma Watson, is either launching a venture firm or is in the process of backing the next hottest company. Robinhood, Uber, and Klarna all have some glitzy names on their

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the

Struggling electric van startup Canoo has placed its remaining employees on what it's calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by technewss. The company told employees they are being locked out of Canoo's systems at the e

On the first day of Y Combinator’s winter 2024 session — right after orientation and a photo in front of the YC sign — the founders of PearAI got “canceled,” as founder Nang Ang described it to technewss, receiving an outpouring of online hate. But they survived and graduated the Y