Vimeo to be acquired by Bending Spoons in $1.38B all-cash deal

Video platform Vimeo announced on Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 billion. The deal is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals. Vimeo will be … Read more

Robinhood embraces copy trading after warning competitors about regulatory risks

What a difference a changing regulatory environment makes. Roughly nine months after suggesting that a young copy trading platform could only operate because it flew “under the radar” of regulators, Robinhood has announced its own entry into the space with “Robinhood Social,” a new feature that will allow users to follow and manually replicate the … Read more

Sources: AI training startup Mercor eyes $10B+ valuation on $450 million run rate

Mercor, a startup that connects companies like OpenAI and Meta with domain experts needed to train and refine their foundational AI models, is in discussions with investors for a Series C round, according to a marketing document viewed by TechCrunch and two sources familiar with the deal talks. Felicis, a returning investor, is considering doubling … Read more

OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring

OpenAI executives are discussing a potential relocation out of California as increasing political resistance threatens the company’s efforts to convert from nonprofit to for-profit status, according to The WSJ, though the company says it has no plans to leave. California’s attorney general is investigating whether OpenAI’s restructuring violates state charitable trust law, while a coalition … Read more

Snap breaks into ‘startup squads’ as ad revenue stalls

Snap is breaking itself apart and rebuilding from within. In a new annual company letter, CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to better compete against larger competitors. The move comes as the 5,000-person company faces mounting pressure. Advertising revenue growth flatlined at 4% … Read more

Bluesky adds private bookmarks | TechCrunch

Social networking startup Bluesky is rolling out one of users’ most in-demand features — no, not an edit button! — bookmarks. The company on Monday announced the new addition, which it calls Saved Posts. The feature is accessible through a new bookmark icon underneath each post, next to the heart for favoriting. Your saved posts … Read more

SpaceX strikes $17B deal to buy EchoStar’s spectrum for Starlink’s direct-to-phone service

Elon Musk’s SpaceX has agreed to acquire 50MHz of wireless spectrum and Mobile Satellite Service spectrum licenses from EchoStar, for use in the Starlink satellite network. EchoStar will sell its AWS-4 and H-block spectrum licenses in exchange for $8.5 billion in cash and $8.5 billion SpaceX stock. SpaceX said the deal would let it develop … Read more

Uber and Momenta to test autonomous vehicles in Germany in 2026

Ride-hailing giant Uber and Chinese autonomous vehicle startup Momenta plan to start testing robotaxis in Munich, Germany starting in 2026 – the first continental European city either company has announced publicly – with plans to expand to other markets. The partnership was first unveiled in May 2025, when Uber said Momenta-powered vehicles would launch on … Read more