US
US healthtech firm Confido raises $12.5m in extension round
Confido previously raised US$10 million last year and US$3 million in seed funding the year before.
Grace Priscilla Teo · · 1 min read
Ryde hit by pump-and-dump class action, shareholder petition
Singapore’s Ryde linked to a pump-and-dump scheme in a US class action, and a shareholder wants a buyout or the company wound up.
Derryn Wong · · 3 min read
The AI race looks very different in China
Senior editor Scott Shuey went to China last week expecting to see an AI sector racing to close the gap with the US. What he saw was more interesting.
Scott Shuey · · 3 min read
Why this founder killed his AI startup despite early success
His advice for other founders: Ask if you can do this for 10 years, don’t fear a saturated market, and know when sunk cost is just sunk cost.
Peter Cowan · · 7 min readStrategy posts $8.2b Q2 loss on bitcoin markdown
Strategy held 843,775 bitcoin as of July 26, up 25% from the start of the year.
Naomi Li Gan · · 1 min readReddit Q2 revenue jumps 61%, weekly users top 500m
Reddit previously said about 50% of its traffic comes from Google, highlighting how search visibility can affect the company’s audience growth.
Naomi Li Gan · · 1 min readCoreWeave sweetens $2.6b loan to win investors
The loan price fell to 97 cents on the dollar from 99 cents, and CoreWeave tightened creditor protections.
Minh Le · · 1 min readJPMorgan eyes $5.7b US health software Gainwell refinancing
Gainwell was carved out of DXC Technology’s health services business in a $5 billion deal in 2020.
Minh Le · · 1 min readApple sued over $1.8m App Store crypto scam
Apple rejected over 371,000 app submissions in 2025 for copying, spam, or misleading users.
Naomi Li Gan · · 1 min readCircle says it acquired nearly 1,000 IBM blockchain patents
The portfolio includes over 680 patent families across various sectors like blockchain and cloud security.
Naomi Li Gan · · 1 min read