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Robinhood’s Baiju Bhatt has a new mission: solar power from space. Fresh off a $50 million Series A raise, Robinhood co-founder Baiju Bhatt is going all-in on space-based solar power. His new startup, Aetherflux, wants to launch solar power-collecting satellites into low Earth orbit, with a demo flight set for 2026, and to transmit clean energy back down to Earth. Bhatt sat down with Rebecca Bellan on TechCrunch’s Equity podcast to talk about his jump from fintech to frontier tech, what it takes to build a deep tech company from the ground up, and where investor interest in the space…
DUBAI, United Arab Emirates (AP) — From suspended tables to underwater lounges, some 13,000 food and drink establishments in Dubai pull out all the stops to attract customers in one of the world’s most saturated dining markets. They cater to all tastes and budgets. Some spots ladle out inexpensive biryani while others offer dishes dusted with edible gold. These are some of the ways the emirate is competing with its neighbors Saudi Arabia and Qatar for tourist dollars and, so far, it’s beating them handily. Dubai has more restaurants per capita than any major city except Paris. But the city-state’s…
TechCrunch Disrupt 2025 is back at Moscone West in San Francisco from October 27–29, bringing together 10,000+ startup and VC leaders to dig into what’s next in tech. And when it comes to artificial intelligence, the conversations aren’t just technical — they’re creative, cinematic, and boundary-pushing. That’s why Nikola Todorovic is headed to the AI Stage. A visual effects veteran turned AI entrepreneur, Todorovic is the co-founder of Wonder Dynamics, now an Autodesk company. Alongside actor and producer Tye Sheridan, he helped launch Autodesk Flow Studio (formerly Wonder Studio), a groundbreaking AI platform that allows creators to seamlessly integrate 3D…
For nearly two years, a nearly nonstop parade of allegations and revelations has ravaged and unraveled Sean “Diddy” Combs’ carefully cultivated reputation as an affable celebrity entrepreneur, A-list party host, Grammy-winning artist and music executive, brand ambassador and reality TV star.It culminated in a verdict Wednesday that saw Combs acquitted of the most serious sex trafficking charges, though guilty of two lesser ones. The stratospheric heights of his previous life may be impossible to regain, but the question remains whether a partial conviction could mean a partial public rehabilitation, or if too much damage has been done.“Combs managed to avoid…
OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom account on X. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account on Wednesday. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.” These “OpenAI tokens”…
CNN — Bangladesh’s ousted and self-exiled Prime Minister Sheikh Hasina was sentenced to six months in prison by the country’s International Crimes Tribunal on Wednesday in a contempt of court case, a top prosecutor said. Hasina has been facing multiple cases since she fled to India after deadly student-led protests in August, but it was the first time the former leader was sentenced in one of them. Shakil Akand Bulbul, a leader of the Awami League party’s banned student wing Chhatra League, was also sentenced to two months in prison in the same case, Chief Prosecutor Muhammad Tajul Islam told…
Jakarta, Indonesia AP — Rescuers were searching Thursday for 38 people missing in rough seas overnight after a ferry sank near Indonesia’s resort island of Bali. Another four people died and 23 have been rescued, according to the Surabaya Search and Rescue Agency. The KMP Tunu Pratama Jaya sank almost half an hour after leaving East Java’s Ketapang port late Wednesday, the National Search and Rescue Agency said in a statement. It was bound for Bali’s Gilimanuk port, a 50-kilometer (30-mile) trip. The ferry carried 53 passengers, 12 crew members and 22 vehicles, including 14 trucks, it said. Many of…
No wonder Google is desperate for more power: The company’s data centers more than doubled their electricity use in just four years. The eye-popping stat comes from Google’s most recent sustainability report, which it released late last week. In 2024, Google data centers used 30.8 million megawatt-hours of electricity. That’s up from 14.4 million megawatt-hours in 2020, the earliest year Google broke out data center consumption. Google has pledged to use only carbon-free sources of electricity to power its operations, a task made more challenging by its breakneck pace of data center growth. And the company’s electricity woes are almost…
Last updated: 8:45 AM ET, Wed July 2, 2025 Snakes on a plane might be the main idea behind the iconic movie of the same name, but passengers on a Virgin Australia flight experienced it in reality this week. On Tuesday, Virgin Australia Flight VA337 was headed to Brisbane from Melbourne Airport when the flight faced a two-hour delay prior to takeoff after a snake was found in the aircraft’s cargo hold. According to the Associated Press, snake catcher Mark Pelley arrived on the scene and, believing it was a dangerous species, caught the snake as it was hiding behind a…
Venture capital firm Catalio Capital Management announced today the closing of its more than $400 million Fund IV, as first reported by Bloomberg. The fund will continue the firm’s thesis of backing healthcare and biotechnology companies. The firm was founded in 2020 and has made more than 100 investments, according to PitchBook. Catalio’s Fund IV, in particular, has backed 16 companies already, including the diagnostics company PinkDx and the drug discovery company Superluminal Medicines. The fund seeks to make at least 30 investments, with the average check size being $15 million, the firm told TechCrunch. The firm previously raised a $381…