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Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.

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Microsoft Cuts 4,800 Jobs as Commercial Division Bears Brunt of New Layoffs

The company eliminated 3,200 positions outside gaming alongside 1,600 Xbox cuts, while executives frame AI as a catalyst for workforce restructuring

By Marcus Halloran·Jul 7, 2026·4 min read
Startups

Tencent Cuts Kuaishou Stake by 40% Days After Backing $3B Kling AI Round

The move drops Tencent below substantial shareholder threshold at Kuaishou even as it leads a massive financing for the platform's AI video

Wei Zhang ·   · 4m
Startups

Agility Robotics Takes the SPAC Route, Betting on Warehouse Reality Over Home Dreams

As humanoid startups tout billion-dollar valuations, the Salem-based robotics maker is heading to public markets with paying customers, indu

Marcus Halloran ·   · 5m
Startups

The Unicorn Factory of 2026: What 90 New Billion-Dollar Startups Reveal About Capital Flow

From space-based power grids to AI hardware inference, venture capital is minting unicorns at a pace unseen since 2021 - but the composition

Arjun S. Mehta ·   · 9m
Startups

Shenzhen's Even Realities Reaches Unicorn Status on Display-First Smart Glasses Bet

The three-year-old startup raised $150 million from Meituan and Tencent while deliberately skipping cameras in favor of privacy-conscious he

Wei Zhang ·   · 5m
Startups

Microsoft Cuts 4,800 Roles as AI Reshapes Sales and Gaming Operations

The Redmond giant trims 2.1 percent of its global workforce, concentrating reductions in commercial sales teams and Xbox as it realigns for

Daniel R. Whitfield ·   · 5m
Startups

Xbox Cuts 3,200 Jobs and Spins Out Four Studios in Gaming Reset

The division admits its business model isn't working as hardware costs rise and Game Pass growth stalls, forcing a fundamental restructuring

Marcus Halloran ·   · 5m
Startups

Microsoft Begins Divestiture of Four Xbox Studios Amid Gaming Division Reset

The tech giant is cutting nearly 1,600 Xbox roles in the first wave of a broader restructuring that will see 20 percent of gaming jobs elimi

Marcus Halloran ·   · 5m
Startups

Microsoft Cuts 4,800 Jobs as Xbox Business Undergoes Historic Restructuring

The software giant eliminated 2.1% of its workforce, with gaming division facing 1,600 cuts amid margin pressure and a broader shift toward

Daniel R. Whitfield ·   · 6m
Startups

China's Manufacturing Edge Could Reshape the Trillion-Dollar Robotaxi Race

As production costs for autonomous ride-hailing hardware fall sharply in China, the economics of driverless fleets are shifting faster than

Arjun S. Mehta ·   · 7m
Startups

Uber Freezes Five European Market Launches Amid Delivery Hero Acquisition Push

The ride-hailing giant has paused expansion into Austria, Norway, and Greece as it pursues a multibillion-euro takeover deal.

Arjun S. Mehta ·   · 4m
Startups

Hangzhou's Unitree Robotics Clears Path to Shanghai IPO Amid Valuation Questions

The humanoid robot maker's public debut arrives as venture capital pours into China's embodied AI sector, setting up a critical test of inve

Wei Zhang ·   · 5m
Startups

Milan's Bending Spoons Doubles Valuation at IPO, Now Controls AOL and Vimeo

The Italian tech conglomerate's Nasdaq debut at a $25 billion market cap validates a controversial playbook of acquisitions, layoffs, and pr

Arjun S. Mehta ·   · 6m
Startups

Honda Redirects Ohio Battery Production to Storage Market After U.S. EV Exit

The Japanese automaker is channeling cells originally meant for electric vehicles into data centers and grid infrastructure, joining a rush

Arjun S. Mehta ·   · 5m
Startups

Chinese Tech Giants Double Down on Buybacks as Valuations Sink

Tencent, Alibaba, Meituan, and Xiaomi deploy billions in share repurchases, but questions remain whether capital allocation alone can restor

Wei Zhang ·   · 4m
Startups

Two Shenzhen Brands Now Control Nine in Ten Smart Cameras Sold Worldwide

DJI and Insta360 have quietly built a near-duopoly in handheld imaging hardware, leveraging deep supply chains and rapid iteration as legacy

Wei Zhang ·   · 5m
Startups

Rivian Lifts 2026 Delivery Target After Strong Second Quarter

The California EV maker now expects to ship up to 70,000 vehicles this year, driven by commercial van momentum and early R2 SUV deliveries d

Marcus Halloran ·   · 5m
Startups

Krafton Ends Bonus Dispute with Subnautica Studio After Leadership Turmoil

The settlement closes a contentious chapter that saw founders ousted months before a $250 million payout milestone, then reinstated by court

Marcus Halloran ·   · 4m
Startups

Meta Eyes Cloud Infrastructure Sales to Rival AWS and Google Cloud

The social media giant is exploring ways to monetize its massive AI data center buildout through enterprise computing services

Arjun S. Mehta ·   · 6m
Startups

Peacock Faces High-Stakes Test as Comcast Restructures Media Empire

The streaming service must prove profitability outside the umbrella of a $123 billion conglomerate as NBCUniversal prepares for independence

Marcus Halloran ·   · 4m
Startups

Lucid Motors Shuffles Executive Deck After Losing $158 Million Annually

New CEO Silvio Napoli replaces CFO and five C-suite roles while second-quarter deliveries barely budge, underscoring the Saudi-backed EV mak

Arjun S. Mehta ·   · 4m
Startups

Kuaishou's AI Video Spin-Off Targets $3 Billion in Fresh Capital

Kling AI's funding round values the company at $18 billion, down from its April target, as investor appetite for generative video cools acro

Wei Zhang ·   · 5m
Startups

Finland's IQM Lists in New York While Quantum Revenue Remains Years Away

The Helsinki-based quantum computing maker completed a $1.9 billion SPAC debut on Nasdaq, even as its own prospectus warns that commercial v

Mei-Lin Tan ·   · 5m
Startups

Amazon Crosses the Threshold for Satellite Broadband Service

With nearly 400 satellites now in orbit, the e-commerce giant hits the technical minimum to begin commercial operations - but catching up to

Daniel R. Whitfield ·   · 5m
Startups

Freight Robotics Echoes 2016 Self-Driving Boom as Founders Return

A decade after the first autonomous vehicle wave, the same talent and capital patterns are reappearing in logistics automation, with founder

Arjun S. Mehta ·   · 6m