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The social platform Bluesky is preparing for significant transformations, as evidenced by today’s announcement that the enterprise has secured $100 million in Series B capital. This investment round, spearheaded by Bain Capital Crypto, was finalized in April 2025 but remained unrevealed until the present moment. Additional participants in this funding initiative include current backers Alumni Ventures and True Ventures, alongside Anthos Capital, Bloomberg Beta, and Knight Foundation. This recent injection of capital follows Bluesky’s $15 million Series A, led by Blockchain Capital and closed in 2024, and its $8 million seed round from Neo and various angel investors from the…
For nearly two hours last week, Meta personnel gained unapproved entry to corporate and user information, a situation brought about by an AI agent that furnished an employee with erroneous technical guidance, as *The Information* had previously disclosed. Meta’s representative, Tracy Clayton, declared in a communique to *The Verge* that “no user data was misused” during the occurrence.An in-house AI agent, described by Clayton as “analogous to OpenClaw within a protected development setting,” was being employed by a Meta technologist to scrutinize a technical query shared by another team member on a company’s internal platform. However, the agent, after its…
Gain access to the Editorial Summary at no costRoula Khalaf, the FT’s Editor, curates her top pieces in this periodic bulletin.Fixed-income and stock markets plummeted this past Thursday, with market participants cautioning that the area confronted an “extended energy crisis” subsequent to assaults on energy facilities in Qatar and Iran.Sovereign debt instruments across the Atlantic suffered setbacks, given that market players anticipated monetary authorities would be compelled to address the escalation in inflation provoked by conflict in the Middle East through raising interest expenses.Europe’s Stoxx 600 index declined by 2.8 percent that day amidst a widespread downturn, where all segments…
Returning to the Champions League for a third successive campaign, Arsenal are aiming for ultimate victory in 2025/26, having been comprehensively defeated by titleholders Paris Saint-Germain in last season’s semi-finals, both at home and away. The Gunners secured the runner-up position in the Premier League, finishing 10 points behind Liverpool. Their league phase matches included encounters with 2024/25 Champions League finalists Inter and Bayern Munich, who have claimed the title on six occasions. Arsenal have consistently advanced to the elimination rounds in every Champions League appearance since the 2000/01 season. Discover Arsenal’s match schedule, outcomes, and roster for the 2025/26…
The Los Angeles-based startup, Arc Boat Company, aims to broaden its developing commercial operations and supply electric drive systems to military suppliers, driven by founder Mitch Lee’s ambition to “electrify all marine vessels.” To achieve this, Arc secured $50 million in a Series C investment round, with contributions from Eclipse, a16z, Menlo Ventures, Lowercarbon Capital, Necessary Ventures, and Offline Ventures. Lee informed TechCrunch during an interview that this venture into fresh markets will not detriment Arc’s recreational watercraft division. He noted that sport boats represent a sector yielding “significant income” for Arc, simultaneously demonstrating to commercial clients the efficacy and…
The 41-year-old athlete achieved 30 points during his team’s second victory of the week against the Houston Rockets On Wednesday evening, LeBron James delivered a truly remarkable display, among the finest in his 23-year NBA tenure, accumulating 30 points from 13-of-14 attempts, which featured six powerful dunks. This standout effort helped the Los Angeles Lakers secure a 124-116 away triumph over the Houston Rockets, pushing their consecutive wins to a season-high of seven. His performance was even more astounding considering James’s condition prior to the game’s start. He recounted, “Pre-game, I wasn’t feeling particularly well. I was yawning, fatigued, and…
The mixed martial arts scene is constantly shifting, and the dawn of 2026 ushers in potentially momentous changes. The dominant force in the sport is the UFC, which will, in a mere three months, command a brilliant focus at the esteemed White House, showcasing an event topped by the most significant title contest currently scheduled. However, this momentous June 14 occasion might be eclipsed by the entry into MMA a month prior of Jake Paul’s Most Valuable Promotions. Numerous former prominent UFC luminaries are slated for the May 16 extravaganza, which is poised to attract a substantial viewership on the…
Keep abreast with complimentary notificationsMerely subscribe to the UK employment myFT Digest — forwarded immediately to your email.Joblessness in the UK stabilized at a post-pandemic high of 5.2 percent early in the year, emphasizing the predicament for the Bank of England as monetary authorities confront a surge in energy costs and sluggish economic expansion. The unemployment figure spanning November through January was below the 5.3 percent anticipated by market watchers. This was corroborated by distinct figures derived from taxation data, revealing that recruitment stabilized in the initial months of the year as ambiguity regarding fiscal policy relaxed subsequent to the…
On Thursday, Rivian revealed its collaboration with Uber to construct a multitude of autonomous taxis, drawing upon its forthcoming R2 SUV model. This agreement holds a potential value of up to $1.25 billion for the electric vehicle manufacturer. To initiate this alliance, Uber is providing an initial capital injection of $300 million into Rivian. Furthermore, it anticipates acquiring 10,000 completely self-driving R2 robotaxis prior to their scheduled deployment in San Francisco and Miami during 2028. Uber retains the prerogative to acquire an additional 40,000 autonomous R2 SUVs from Rivian, commencing in 2030. Both corporations declared their intention to introduce these…
Prominent wireless providers: An unavoidable nuisance for individuals who journey frequently, possess a household, or simply desire consistently broad and dependable network coverage. In the United States, AT&T stands as the third-largest provider (and leads in 5G), boasting the most extensive coverage map. For over a decade, I’ve utilized diverse AT&T plans, initially for myself and now for my entire household, even though I receive only a single cell bar at my residence and must position myself within a precise 5-square-foot area of my yard to conduct a phone call. Furthermore, I’ve squandered significant time contesting unforeseen, arbitrary fees and…