LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of … Read more

Apple introduces a new API to support more in-app purchase formats

Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store facilitates billions of transactions annually to help developers grow their businesses and provide a world-class … Read more

Social Discovery Group’s Kolesnikov Shares How AI, VR, and Web3 Are Changing Dating Culture in 2025

In an era where nearly half of all adults identify as single — a stark contrast to just 50 years ago — the dating landscape is undergoing a remarkable transformation. Social Discovery Group (SDG) stands at the forefront of this evolution, wielding cutting-edge technology to reshape how people connect in the digital age. SDG’s portfolio, which includes popular communications … Read more

Prediction Markets Don’t Have a Gambling Problem, Says Crypto Attorney

Singapore and Thailand recently moved to ban Polymarket from their respective jurisdictions, arguing that the site was just another gambling platform. On the surface, that argument seems logical. Polymarket’s inclusion of sports prediction markets makes it seem like a competitor to licensed sportsbooks around the world. After all, even prediction market’s harshest critics acknowledge that … Read more

Crypto Venture Capital Funding to Rise This Year, Won’t Hit Previous Highs: JPMorgan

Crypto venture capital (VC) funding is expected to recover this year as regulatory clarity and more crypto-friendly policies emerge during the tenure of President Donald Trump, JPMorgan (JPM) said in a research report Wednesday. The Wall Street bank noted that venture funding for the industry has been subdued in recent years. This may have been … Read more

TRUMP, MELANIA Memecoins Made Millions for Some, Less Than $100 for Many

Donald Trump’s official memecoin has been extremely profitable for early buyers and likely unprofitable for many, a Chainalysis finding shows. An estimated 60 whales — a colloquial term for influential token holders — have realized profits exceeding $10 million each. However, a majority of retail investors were at break-even as of Thursday. “After 1B $TRUMP … Read more