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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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Milan's Bending Spoons Rises 40% in IPO, Proving the Turnaround Model Still Works

The Italian acquirer of aging tech brands posted a $25.7 billion valuation despite broader SaaS headwinds, turning five portfolio companies profitable through cost discipline and feature relaunches.

By Mei-Lin Tan·Jul 2, 2026·4 min read
Startups

Milan's Bending Spoons Opens at $18 Billion, Proves Aging Brands Can Scale With AI

The Italian acquirer of Evernote, Vimeo, and Meetup went public today on Nasdaq, with revenue per employee jumping from $1.12M to $2.57M in

Arjun S. Mehta ·   · 6m
Startups

Kutcher Splits From Sound Ventures to Back AI Infrastructure With Beller

The actor-turned-investor is pivoting from established AI labs toward the energy and hardware layer that powers them, signaling where early-

Arjun S. Mehta ·   · 6m
Startups

Rocket Lab Bets $8 Billion on Iridium to Close Gap With SpaceX

The acquisition combines launch capability with an operational satellite constellation, but scaling to compete in consumer broadband remains

Daniel R. Whitfield ·   · 6m
Startups

Meta Builds Prediction-Market App as It Chases Industry Five Years Late

The company is developing Arena, a forecast platform that may initially use game-style points rather than real money, raising questions abou

Arjun S. Mehta ·   · 6m
Startups

Apple's Vision Pro Chief Jumps to OpenAI Hardware Unit

Paul Meade's move signals OpenAI's push into consumer devices - and raises questions about how its in-house team will coexist with Jony Ive'

Arjun S. Mehta ·   · 5m
Startups

Geely's Zeekr Bets on Malaysia Manufacturing to Escape China's EV Slowdown

The premium electric brand will produce SUVs at Proton's facility by mid-2027, doubling overseas sales as domestic momentum falters and oil-

Wei Zhang ·   · 8m
Startups

Micron's Market Cap Climbs to $1.2 Trillion as Memory Shortage Deepens

The Idaho-based chipmaker posted a 28-fold profit surge while Apple warns customers to brace for higher device prices

Arjun S. Mehta ·   · 5m
Startups

Seer Robotics Targets Hong Kong Listing After Fourteen-Month IPO Marathon

The Shanghai-based autonomous mobile robot maker is pricing shares at HKD 101.60, valuing the specialist technology firm at USD 1.4 billion

Wei Zhang ·   · 5m
Startups

Go's Post-IPO Playbook: Robotaxis and Consolidation as Japan's Driver Pool Shrinks

The ride-hailing operator just raised ¥88.6 billion in Tokyo's largest 2026 listing - and most of that capital is earmarked for an existenti

Kenji Watanabe ·   · 5m
Startups

Heavy Trucking May Finally Crack the EV Equation With Battery Swap Hubs

Octopus Energy and CATL are betting swap infrastructure can sidestep the weight penalty that has kept long-haul trucks tethered to diesel -

Arjun S. Mehta ·   · 8m
Startups

The Air Taxi Industry Is Fighting Itself Before It Can Fly

Patent disputes and corporate espionage claims are draining capital and delaying certification in one of Asia and North America's most-watch

Arjun S. Mehta ·   · 7m
Startups

India's EV Ambitions Run Through Shenzhen and Wuhu

Tata Motors' Chery partnership exposes the trade-off at the heart of New Delhi's electric transition: speed versus sovereignty in a geopolit

Arjun S. Mehta ·   · 6m
Startups

Nine Fusion Ventures Now Hold Over $100 Million - and Asia Is Watching

From tokamaks to laser compression, the fusion industry has crossed into billion-dollar territory. At DailyTechWire, we track what that capi

Arjun S. Mehta ·   · 10m
Startups

SpaceX Bets $60 Billion on Cursor in Fight for AI Developer Tools

The acquisition signals Elon Musk's ambition to control the entire AI stack, from satellites to integrated development environments, as comp

Arjun S. Mehta ·   · 6m
Startups

When Ambition Meets Payroll: An E-Truck Dream Runs Into Cash Reality

Windrose Technology promised to challenge Tesla in long-haul electric freight, but unpaid wages and stalled US expansion reveal the gap betw

Wei Zhang ·   · 6m
Startups

ByteDance Tests Drug Discovery Spinoff as AI-for-Science Ambitions Meet Commercial Reality

The social media giant is separating its pharmaceutical AI unit and seeking outside capital while retaining control - a model that could def

Arjun S. Mehta ·   · 6m
Startups

Three Automakers Launch Premium SUVs Within Fortnight as China's EV Battle Moves Upmarket

Li Auto, Nio, and Aito have each released flagship electric SUVs priced above half a million yuan, signaling a strategic pivot toward wealth

Wei Zhang ·   · 8m
Startups

Microsoft Weighs Structural Overhaul for Its Gaming Division

Internal deliberations on Xbox's future include subsidiary status, partnerships, or full separation as the company navigates profitability p

Daniel R. Whitfield ·   · 7m
Startups

Baidu Takes Autonomous Fleet to the Alps as China's Robotaxi Push Crosses Into Europe

Apollo Go's Swiss pilot with PostBus marks one of the first large-scale driverless deployments in a European public transport network, signa

Arjun S. Mehta ·   · 5m
Startups

SpaceX Now Outvalues Tesla as Merger Speculation Builds Momentum

The rocket maker's $2.1 trillion debut eclipses its electric sibling, while fresh S-1 language and executive comments fuel talk of a histori

Arjun S. Mehta ·   · 10m
Startups

SpaceX IPO Vaults Musk Past $1 Trillion

The rocket company's public debut handed its CEO unprecedented wealth and voting control, a template Asian tech founders are already studyin

Arjun S. Mehta ·   · 7m
Startups

Rivian's R2 Gambit: Why a Mid-Market EV Launch Now Might Actually Work

As legacy automakers retreat from electrification in the U.S., Rivian is betting $58,000 SUVs—and a robotaxi partnership with Uber—can fill

Marcus Halloran ·   · 6m
Startups

SpaceX Sets $135 Share Price Ahead of $74.4B IPO — The Largest Float in History

Elon Musk's aerospace giant breaks convention with early pricing, targeting a $1.75 trillion valuation and a path to the world's first trill

Marcus Halloran ·   · 5m
Startups

Waymo Routes Retired Robotaxi Batteries Into California and Texas Grid Storage

The Alphabet-owned autonomy firm's deal with B2U marks a rare public glimpse into end-of-life planning for commercial AV fleets—and undersco

Arjun S. Mehta ·   · 6m