Author: bibhuti

SpaceX is warning investors that it may dole out “significant equity” in “future transactions” following its upcoming IPO — language that was added amid constant industry gossip that CEO Elon Musk ultimately plans to merge his space-and-AI company with Tesla. The new language was tucked deep in the risk factors section of SpaceX’s first official amendment to its IPO filing, which was made public last month. The company tacked this sentence onto the end of the first paragraph of a risk about how mergers and acquisitions may go sideways: We may issue a significant amount of equity in connection with…

Europe’s startup economy often begins in discussions about places like London or Paris but the latest Dealroom Global Tech Ecosystem Index gives us another side to this. Europe’s advantage actually comes from a long list of smaller cities that are turning research and technical expertise into successful companies. Dealroom found that Europe accounts for 45 of the world’s top 100 tech ecosystems on a per capita basis, ahead of North America’s 40. The ranking measures startup activity, unicorn creation, enterprise value and university connections relative to population size. That result brings cities such as Cambridge, Ghent and Lausanne into view.…

Location : The M25 anticlockwise between junctions J27 and J26 . Reason : Congestion. Status : Currently Active. Return To Normal : Normal traffic conditions are expected between 06:00 and 06:15 on 2 June 2026. Cause : Road traffic collision. Delay : There are currently delays of 30 minutes against expected traffic. Source link

Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering, the company said in a blog post Monday. The company, which is valued at close to $1 trillion, submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering. Anthropic has yet to list the number of shares or set the price. Anthropic said the proposed initial public offering will depend on market conditions and other factors. The filing comes less than a week after Anthropic raised $65 billion in a Series H funding round that pushed its valuation to…

Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497 ETH,” Lee said in a statement on Monday. “In our view, ETH prices are not reflecting the strengthening of Ethereum fundamentals, but then again, this is not surprising given we are in the early stages of crypto spring.”Bitmine is the largest Ether treasury company with 5.4 million ETH worth more than $10.5 billion. It had slowed its pace of buying earlier this month after scooping…

Atlas Menu, a cheat service for popular online video game Grand Theft Auto V, has been hacked, according to data breach notification website Have I Been Pwned.  The stolen data included users’ email addresses, usernames, scrambled passwords, IP addresses, and support tickets, according to Have I Been Pwned, which said almost 64,000 accounts were part of the breach. Ironically, Atlas Menu claimed to offer “secure authentication and enhanced privacy through our advanced encryption techniques,” according to its official site, which is down at the time of writing.   The hacker who claimed responsibility for the breach posted the allegedly stolen data…

NASA selected Denmar Technical Services of Nevada to provide aircraft modifications, maintenance, and testing services to the Human Spaceflight Mission Directorate at NASA’s Armstrong Flight Research Center in Edwards, California, and Johnson Space Center in Houston. The award is a firm-fixed-price contract and will be time and material for any over and above and unforeseen work. This contract has a maximum potential value of $8.4 million, which runs through Feb. 1, 2027. The contractor will modify a Boeing 737-700 aircraft to perform lunar-gravity parabolic flights to test NASA space equipment. Once modifications are complete, NASA Armstrong will own the aircraft…

SpaceX has added new language to its IPO filing that warns prospective investors about the company’s access to a potentially scarce resource: water. The company, which now includes Elon Musk’s AI company, xAI, wrote in an amended version of the filing on Monday that access to water — required to cool its data centers — is just as important as SpaceX’s ability to secure power, processors, and other critical resources. The addition comes amid an ever-evolving debate about how much water data centers use, and whether that usage is contributing to localized droughts that are being made worse by climate…

Linden Road in Bognor has been closed today (June 2) due to a sinkhole emerging in the road. A West Sussex County Council spokesperson said: “Earlier today, Highways teams completed excavation works and a thorough investigation of the affected area and confirmed that it is safe to proceed with repair works. “Crews will undertake repairs to tomorrow morning (Tuesday 2 June), and we are working to reopen the road later that afternoon, subject to final safety checks.” Drivers are being advised to avoid the area and use alternative routes while the closure remains in force. Source link [Featured] [Just In]

Tuesday 02 June 2026 2:01 am  |  Updated:  Tuesday 02 June 2026 2:02 am Blackstone (NYSE: BX) today announced the final close of Blackstone Capital Partners Asia III (“BCP Asia III”) at $13.1 billion, exceeding its $10 billion target and marking the firm’s largest private equity fundraise in the region. The oversubscribed fund reached its hard cap and builds on the strong performance of the strategy’s first two vintages, with this close representing more than double the amount of capital raised for its predecessor vehicle. Joe Baratta, Global Head of Blackstone Private Equity Strategies, said: “We are grateful for the continued…