News

Juby Babu / Reuters: Report: SpaceX is expected to make around $15B in revenue in 2025, increasing to between $22B and $24B in 2026, with the majority coming from Starlink  —  Elon Musk’s SpaceX is moving ahead with plans for… Read More »Report: SpaceX is expected to make around $15B in revenue in 2025, increasing to between $22B and $24B in 2026, with the majority coming from Starlink (Juby Babu/Reuters)

Colin Demarest / Axios: The US Navy and Palantir announce ShipOS, saying the software will speed up shipbuilding and improve supply chain visibility; the deal is valued at $448M  —  The U.S. Navy and Palantir Technologies on Tuesday announced “ShipOS,”… Read More »The US Navy and Palantir announce ShipOS, saying the software will speed up shipbuilding and improve supply chain visibility; the deal is valued at $448M (Colin Demarest/Axios)

Yasmin Gagne / Fast Company: Justin McLeod, founder and CEO of Hinge, steps down to launch Overtone, an “AI-driven” dating service backed by Match; Hinge promotes CMO Jackie Jantos to CEO  —  Justin McLeod, founder and CEO of dating app… Read More »Justin McLeod, founder and CEO of Hinge, steps down to launch Overtone, an “AI-driven” dating service backed by Match; Hinge promotes CMO Jackie Jantos to CEO (Yasmin Gagne/Fast Company)

Wall Street Journal: Sources: Nvidia’s H200 chips for China, mainly manufactured in Taiwan, will travel to the US for an unusual national security review before they are exported  —  Shipping chips from Taiwan to U.S. to China would allow government… Read More »Sources: Nvidia’s H200 chips for China, mainly manufactured in Taiwan, will travel to the US for an unusual national security review before they are exported (Wall Street Journal)

Bloomberg: Source: Trump allowed Nvidia to sell H200s to China after concluding the move carried a lower security risk as Huawei offers systems with comparable performance  —  President Donald Trump decided to let Nvidia Corp. sell its H200 artificial intelligence… Read More »Source: Trump allowed Nvidia to sell H200s to China after concluding the move carried a lower security risk as Huawei offers systems with comparable performance (Bloomberg)

Josh Taylor / The Guardian: Australia’s ban on social media for users aged under 16 comes into effect; platforms that do not comply risk fines of up to AU$49.5M  —  Accounts held by users under 16 must be removed on… Read More »Australia’s ban on social media for users aged under 16 comes into effect; platforms that do not comply risk fines of up to AU$49.5M (Josh Taylor/The Guardian)

Bloomberg: Sources: SpaceX plans an IPO in mid-to-late 2026, seeking to raise far above $30B and targeting a ~$1.5T valuation, potentially making it the largest IPO ever  —  SpaceX is moving ahead with plans for an initial public offering that… Read More »Sources: SpaceX plans an IPO in mid-to-late 2026, seeking to raise far above $30B and targeting a ~$1.5T valuation, potentially making it the largest IPO ever (Bloomberg)

Emily Sundberg / Feed Me: Hamish McKenzie says Substack is starting to test native sponsorships with some writers but won’t take a cut for now  —  “During the pilot, Substack is simply facilitating payments and is not taking a cut.” … Read More »Hamish McKenzie says Substack is starting to test native sponsorships with some writers but won’t take a cut for now (Emily Sundberg/Feed Me)

Emanuel Maiberg / 404 Media: Instagram appears to be generating often misleading SEO-style headlines and long descriptions for users’ Instagram posts, appearing in Google Search results  —  Instagram is generating headlines for users’ Instagram posts without their knowledge, seemingly in… Read More »Instagram appears to be generating often misleading SEO-style headlines and long descriptions for users’ Instagram posts, appearing in Google Search results (Emanuel Maiberg/404 Media)

Adriana Lee / Skift: Duve, which offers AI-powered guest management tools for hotels, raised a $60M Series B led by Susquehanna Growth, bringing its total funding to $85M  —  SKIFT TAKE  —  Hotel tech investors are treating AI guest management… Read More »Duve, which offers AI-powered guest management tools for hotels, raised a $60M Series B led by Susquehanna Growth, bringing its total funding to $85M (Adriana Lee/Skift)