Figma Inc. signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Thursday, July 31, 2025. Michael Nagle | Bloomberg | Getty Images You can almost smell the bubbly wafting across Silicon Valley. Following Figma’s blockbuster market debut on Thursday, four of the most iconic…
Figma celebrates its initial public offering at the New York Stock Exchange on July 31, 2025. NYSE Figma‘s stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its initial public offering. The big opening pop is the latest indication…
Four California counties have settled a lawsuit with clothing retailer Shein for a total of $700,000 after taking legal action against the company for late deliveries and failing to inform shoppers about delays, according to early-July reporting from the San Francisco Chronicle. What’s happening? The suit, filed by prosecutors from Napa, Sonoma, San Francisco, and…
MANILA, Philippines — Asian shares were mixed Thursday after most U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September. Japan’s Nikkei 225 rose 0.9% to 41,020.91 after the Bank of Japan kept interest rates steady at 0.5% and raised inflation projections….
ROME — Stealth submarines fitted with space-shooting lasers, supply-chain sabotage and custom-built attack satellites armed with ion thrusters. Those are just some of the strategies Chinese scientists have been developing to counter what Beijing sees as a potent threat: Elon Musk’ s armada of Starlink communications satellites. Chinese government and military scientists, concerned about Starlink’s…
ROME (AP) — Stealth submarines fitted with space-shooting lasers, supply-chain sabotage and custom-built attack satellites armed with ion thrusters. Those are just some of the strategies Chinese scientists have been developing to counter what Beijing sees as a potent threat: Elon Musk’ s armada of Starlink communications satellites. Chinese government and military scientists, concerned about…
July 30 (UPI) — Goodwill Industries has partnered with Google to train 200,000 people in artificial intelligence skills in the United States. Goodwill, which helps people find jobs, will provide Google’s AI Essentials course at no charge, the nonprofit said in a news release. Google debuted the course in 2024. Goodwill has offered Google’s digital…
China is rapidly closing in on an achievement that could transform the way we power homes, cities, and industries forever. The country has entered the final assembly phase of a next-generation fusion reactor called the Burning Plasma Experiment Superconducting Tokamak, which is expected to be operational by 2027, per Popular Mechanics. If it’s successful, BEST…
Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the developer of design software that was supposed to get acquired by Adobe, priced its IPO on Wednesday at $33 per share, above its expected range….
CNBC’s Jim Cramer explained why an uncertain macroeconomic environment led the Federal Reserve to hold interest rates steady — dashing the hopes of many investors and President Donald Trump. “In short, the backdrop’s just too darned mixed for the Fed to take action,” Cramer said. “That’s also why Powell pretty much punted on that forecast,…