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Krafton acquires controlling stake in Indian gaming studio Nautilus Mobile for $14M

Krafton, South Korea’s gaming giant known for titles including PUBG: Battlegrounds and Battlegrounds Mobile India (BGMI), has acquired a controlling stake in 12-year-old Indian gaming

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Daphni secures $215M for its third fund

French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at

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Meta settles UK ‘right to object to ad-tracking’ lawsuit by agreeing not to track plaintiff

A human rights campaigner, Tanya O’Carroll, has succeeded in forcing social media giant Meta not to use her data for targeted advertising. The agreement is

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Trump fires FTC commissioners, setting up a legal battle

President Trump fired the two Democratic members of the Federal Trade Commission (FTC) on Tuesday, setting up a challenge to a 1935 Supreme Court precedent

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VC Aileen Lee highlights how the broader investor exodus is worsening woes for unicorn companies

In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many

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Travis Kalanick thinks Uber screwed up: “Wish we had an autonomous ride-sharing product”

Travis Kalanick, the former CEO of Uber, made it clear on Wednesday: he believes the company’s decision to abandon its autonomous driving program was a

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Neom is reportedly turning into a financial disaster, except for McKinsey & Co.

A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin

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SpaceX Starship spirals out of control in second straight test flight failure

SpaceX’s Starship spiraled out of control while in space during a test flight Thursday, marking the second launch in a row that the vehicle has run

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Trump Administration cuts may threaten AI research efforts

The Trump Administration has fired a number of National Science Foundation employees who had been handpicked for their expertise in AI, threatening the agency’s ability

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General Catalyst is reportedly weighing a potential IPO

General Catalyst, the powerhouse venture firm, is considering an IPO, Axios reported Friday morning, citing “multiple sources.” TechCrunch has reached out to the firm’s managing