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Dive Brief: A Cayman Islands court has ruled that Seth Harrison, the general partner of biotechnology venture capital firm Apple Tree Partners, should relinquish control of the longtime startup backer. The decision issued Friday could hand the fund’s management over to two court-appointed independent directors, Alexander Lawson and Barry Lynch of consulting firm Alvarez &…
Brian Schimpf, CEO of one of America’s biggest defense tech startup Anduril recently old CNBC at the Allen & Co. Sun Valley Conference that the company is in no rush to go public given the current market conditions. “A bad time to do that is in the middle of a hype cycle. So we’re not…
SpaceX’s shares fell to just above $135 on Wednesday, the price set for its June 12 IPO that raised nearly $86 billion. The stock mostly traded below this IPO price during the day, reaching a low of $133 per share before closing at $135.27. The decline follows a continuous drop since the IPO. SpaceX’s stock…
Avanza Q2 2026 slides: record profit, 100k new customers in H1
The UK just proposed a midnight social media curfew for teenagers, but it comes with a built-in escape hatch. According to the BBC, the UK government plans to restrict social media access for 16- and 17-year-olds between midnight and 6 AM, preventing them from using apps like Instagram, TikTok, and YouTube. But getting around it…
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