Intel forecast Q4 sales of $15B to $16B, short of the $17B analysts expected, as a memory shortage hits PC demand. Its shares fell more than 20% late on.

#intel

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Canada adds C$2.5M to help 25 more Prairie firms adopt AI with Amii

Business & Economy

2w ago

Canada adds C$2.5M to help 25 more Prairie firms adopt AI with Amii

Amii will help 25 more small firms in Alberta, Saskatchewan and Manitoba build AI tools, backed by C$2.5M more from PrairiesCan, for a C$5.6M total.

#canada #prairie #amii

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ServiceNow results: shares fall a record 25% after cRPO outlook

Business & Economy

2w ago

ServiceNow results: shares fall a record 25% after cRPO outlook

‘A little bit uncharacteristic for ServiceNow standards,’ said a Citi analyst, after ServiceNow results, as shares fell as much as 25%.

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DoorDash agrees to buy Instacart in a deal worth about $17bn

Business & Economy

2w ago

DoorDash agrees to buy Instacart in a deal worth about $17bn

DoorDash agreed to buy Instacart for about $17bn in cash and stock, keeping its brand and app. The deal needs regulatory approval.

#dash #instacart

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Collective raises $100M to run the finances of one-person businesses

Business & Economy

2w ago

Collective raises $100M to run the finances of one-person businesses

Collective, which handles accounting, payroll and taxes for solo business owners, has raised $100m, including a $40m Series B led by General Catalyst.

#collective #catalyst #customer

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Lovable opens its first London office with 70 staff

Business & Economy

2w ago

Lovable opens its first London office with 70 staff

Lovable has opened its first London office, its second engineering and product hub after Stockholm, with 70 staff and plans for 100.

#lovable #london

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Waymo for Business now files robotaxi receipts to Ramp automatically

Business & Economy

2w ago

Waymo for Business now files robotaxi receipts to Ramp automatically

‘An easier way to incorporate Waymo into work travel’: Waymo for Business now sends ride receipts straight to Ramp, ending manual expense filing.

#waymo #ramp

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Upwind's $400M Series C backs a runtime-first security strategy as revenue quadruples

Business & Economy

2w ago

Upwind's $400M Series C backs a runtime-first security strategy as revenue quadruples

Upwind Security raised a $400M Series C led by Bessemer Venture Partners at a $3.8B valuation after revenue quadrupled in 2026. The cloud security platform uses runtime intelligence to show what is actually running, not just what a scan found.

#upwind #bessemer #venture

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Polymarket faces new CFTC probe over US users on offshore platform

Business & Economy

2w ago

Polymarket faces new CFTC probe over US users on offshore platform

The CFTC is examining whether Polymarket kept US users off its offshore platform as promised in 2022, Reuters reports, citing two sources.

#cftc #polymarket

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Whop raises $200M at $5.1B valuation after shipping three products in three months

Business & Economy

2w ago

Whop raises $200M at $5.1B valuation after shipping three products in three months

Whop closed a $200M Series D led by Sequoia Capital and Shopify Ventures at a $5.1B valuation. The platform hosts 25,000 operators generating $550M monthly, with cumulative transactions past $7B across 185 countries. Its Whop CLI handles 350,000+ AI agent calls per day.

#whop #sequoia #shopify

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Memory and storage stocks keep sliding despite blowout earnings

Business & Economy

2w ago

Memory and storage stocks keep sliding despite blowout earnings

Sandisk, Micron, Seagate and Western Digital led the market in the first half, but are now in the S&P 500's bottom 10% as investors doubt AI spending.

#sandisk #micron #seagate

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