Author: bibhuti

Data storage security company Cyera is finalizing a round led by Evolution Equity Partners of at least $300 million at a $12 billion valuation, according to four people with knowledge of the deal. Calcalist was first to report the funding deal, although TechCrunch’s sources added new details about the company and its financials. Cyera has surpassed $150 million in annual recurring revenue (ARR), three people familiar with the matter told TechCrunch, though it remains far from profitable. The deal values Cyera at 80 times its ARR, a multiple that’s even higher than investors assign to many fast-growing AI startups. Sources…

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Key TakeawaysRipple expanded its D.C. presence to deepen policy engagement in Washington.Digital asset rules could affect stablecoins, payments, treasury tools, and cross-border finance.Recent SEC and White House signals add relevance to Ripple’s timing. Expanded Washington Presence Reflects Long-Term Policy Engagement Ripple announced on June 2 that it expanded its Washington, D.C., office, reinforcing its long-term commitment to constructive engagement with policymakers, regulators, and industry partners in the nation’s capital. Digital asset rules remain central to debates over market structure, payments, and financial innovation. The larger footprint gives Ripple more capacity to participate in policy discussions as blockchain adoption grows across…

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For the past 10 years, Uber’s annual Lost & Found Index has provided a rather quirky anthropological snapshot of its riders — and even a few insights into society. The annual catalogue of millions of forgotten items ranges from mundane modern-day tools such as smartphones and laptops, to more eyebrow-raising objects like live fish, an ankle monitor, a toboggan, a package of live butterflies, and a single Louboutin shoe. This year, Uber is using the report to highlight the same old problem of lost items with a new twist: robotaxis. Thousands of items (it’s a bit too new for millions)…

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Ruvi (RUVI) AI SuperappCardano (ADA) open interest sits near $586 million with funding flipping positive to 0.0045%, and one bounce triggered $65 million in short liquidations this week. ADA trades around $0.23. That is the derivatives desk talking: leverage churns, traders get flushed, and the people writing every Cardano (ADA) price prediction stare at a chart that captures no revenue for the holder. Some of that capital is rotating into the Ruvi (RUVI) decentralized AI superapp (ruvi.io https://ruvi.io), which meters 20+ AI models behind $RUVI and pays contributors for the value they create instead of feeding it to a funding-rate…

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Researchers from Columbia University and University Hospital Tübingen have discovered a protein that appears to play a major role in weakening CAR T cells over time. By disabling the protein, known as NFIL3, the scientists found that these engineered immune cells remained active longer and were better able to attack tumors. The findings, published in Cancer Discovery, could help improve CAR T-cell therapy, particularly against solid tumors that have proven difficult to treat. CAR T-cell therapy is one of the most advanced forms of personalized cancer treatment. The approach involves collecting a patient’s own immune cells, genetically modifying them to…

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Audiobook, e-book, or both? Now, you won’t have to choose. The Scribd-owned reading subscription service Everand wants to make the choice unnecessary. On Tuesday, the company took the wraps off a combined subscription that brings together Everand’s catalog of over 1.5 million audiobooks and e-books with the social book club app Fable, which Everand acquired in 2025, into a single plan, directly challenging Amazon’s dominance in digital reading. The new subscription is available to the two apps’ 5 million combined readers and provides access to the over 1.5 million-title library of audiobooks and e-books, plus Fable’s nearly 200,000 online book…

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AI researchers and labs have advanced by leaps and bounds in evaluating AI models for everything from safety and compliance to sycophancy and alignment. But it appears companies and developers are faced with a new, specific need: making sure their AI system behaves as intended for their specific product or service. In a bid to make that testing process simpler, Microsoft on Tuesday took the wraps off ASSERT, short for Adaptive Spec-driven Scoring for Evaluation and Regression Testing. The open source framework, Microsoft says, makes evaluating application-specific AI behavior easy by using AI to turn high-level, natural-language descriptions of goals,…

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Saudi Arabia’s fashion industry is evolving rapidly, with startups across the Kingdom bringing fresh ideas, modern designs, and innovative business models to the market. From luxury modest fashion brands to sustainable clothing companies and fashion-tech platforms, Saudi startups are reshaping how consumers shop, discover trends, and engage with local designers. Supported by a growing digital economy, increased investment, and changing consumer preferences, fashion startups in Saudi Arabia are gaining attention both regionally and internationally. These businesses are not only driving creativity and entrepreneurship but are also helping position Saudi Arabia as an emerging fashion hub in the Middle East.  …

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When I reach out to the self-proclaimed “open source baddie” CC for an interview, I’m pretty sure she’s emailing me back from a pink mermaid purse. “I’m just having so much fun,” she tells me about her seashell cyberdeck. “It’s a Tamagotchi. It’s also an e-reader. It’s networked to my vault and my servers, so it has access to all of my server data, which has all my PDFs, and books, and notes, and everything… It’s also connected to my local AI setup at home.” CC has no background in software engineering or computer science, but she’s gotten good enough…

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