Blue Origin Takes $10 Billion From Outside Investors for the First Time
For a quarter century, Jeff Bezos has funded Blue Origin almost entirely out of his own pocket, selling Amazon stock to keep the rocket company alive. On Wednesday, the company…
Disney Raises Disney+ and Hulu Prices for the Fourth Time in Four Years
When Disney+ launched in November 2019, it cost $6.99 a month and carried no ads. The ad-free version of the same service now costs $21.49, more than triple the original…
Boeing Salvages a 150-Jet Order From Turkish Airlines
For months, one of Boeing’s most important deals looked as if it might collapse. Turkish Airlines had threatened to walk away from an order for 150 of its 737 MAX…
Lovable’s Revenue Tops $600 Million as ‘Vibe Coding’ Reaches the Fortune 500
Two years ago, the fastest way to build a small piece of software was to hire a developer. Now, at companies including Microsoft, Nvidia and Deutsche Telekom, employees are increasingly…
SpaceX Unlocks 328 Million Shares as Starship Nears Orbit
The Super Heavy booster stood on the launch mount at Starbase in south Texas early Wednesday, its Starship upper stage lowered on top in the first full stack of a…
Google Prepares to Put an AI Chip in Orbit
Next week, a SpaceX rocket will lift off carrying a small satellite with an unusual payload: one of Google’s own AI chips, built to survive the forces of launch, the…
BlackRock and IFM Close In on a $25 Billion Data-Centre Deal
Stack Infrastructure’s Asia-Pacific data centres have drawn bidders all summer. Now a consortium backed by BlackRock and IFM Investors has moved to the front of the line. The group has…
Home Insurers Built on Software Line Up for IPOs
For the better part of a decade, the story in American homeowners insurance ran in one direction: big carriers raising prices, dropping policies and pulling out of states where storms…
Trump’s July Portfolio: Big Tech Sales and a SpaceX Stake
The financial disclosure landed Tuesday, and it read less like a president’s finances than a trading desk’s daily log. On July 20, Donald Trump sold between $5 million and $25…
Andreessen Horowitz Opens a School for Builders
For two decades, Silicon Valley has told ambitious teenagers that college is optional and the fastest way to the top is to drop out and start building. One of the…
