Index Ventures, Union Square Ventures back trading app Fomo at 0 million valuation

Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation

Two established traders are feeling crypto FOMO. Index and Union Square Ventures have backed the crypto startup Fomo, named after the acronym for “fear of missing out,” the corporate introduced on Monday. Index Ventures led the $75 million Series B fundraise, which valued Fomo at $550 million. Other contributors embody Zygna cofounder Mark Pincus, Discord…

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Tesla (TSLA) Q1 2026 earnings report

Tesla (TSLA) Q1 2026 earnings report

Elon Musk waves to the group through the 56th annual World Economic Forum (WEF) assembly in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters tesla reported first-quarter earnings on Wednesday that beat analysts’ estimates at the same time as income got here in weaker than anticipated. Here’s how the corporate did, in contrast with…

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OpenAI closes funding round at an 2 billion valuation

OpenAI closes funding round at an $852 billion valuation

OpenAI on Tuesday introduced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of dedicated capital, up from the $110 billion figure that the corporate introduced in February. SoftBank co-led the round alongside different traders, together with Andreessen Horowitz and DE Shaw Ventures, OpenAI mentioned….

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Jake Paul may have gotten his jaw broken on Netflix, but he and his  million fortune are laughing their way into Silicon Valley boardrooms

Jake Paul may have gotten his jaw broken on Netflix, but he and his $65 million fortune are laughing their way into Silicon Valley boardrooms

Jake Paul crossed paths with OpenAI CEO Sam Altman at President Donald Trump’s second inauguration ceremony last year, Paul said in an interview with TBPN alongside his business partner, entrepreneur Geoffrey Woo. Paul endorsed Trump in the run up to the 2024 presidential election and has since revolved around his orbit, most recently sitting shoulder…

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