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AI Coding Startup Cursor Set For $2 Billion Funding Round, Nearly Doubling Valuation With Nvidia Backing: Report

by Mohd Haider | Apr 18, 2026 | General

AI coding startup Cursor is reportedly close to securing at least $2 billion in fresh capital at a $50 billion pre-money valuation, nearly doubling its valuation from six months ago, as venture capital firms Thrive Capital and Andreessen Horowitz prepare to lead an...

Barclays CEO Flags Anthropic’s Mythos AI As Potential Catalyst For Cyberattacks On Global Banks: ‘A Serious Issue’

by Ananya Gairola | Apr 18, 2026 | General

On Friday, Barclays PLC (NYSE:BCS) CEO CS Venkatakrishnan warned that a powerful new AI model from Anthropic could significantly heighten cyber risks across the global banking system. Mythos AI Raises Cybersecurity Concerns Speaking at a G30 consultancy group meeting...
When Will Meta Begin Layoffs? Report Outlines Details Of 8,000 Cuts Amid AI Focus

When Will Meta Begin Layoffs? Report Outlines Details Of 8,000 Cuts Amid AI Focus

by Mohd Haider | Apr 18, 2026 | General

Meta Platforms (NASDAQ:META) will reportedly start its first round of mass layoffs on May 20, cutting about 8,000 employees, or roughly 10% of its global workforce, with further reductions expected later this year, as CEO Mark Zuckerberg accelerates an AI-focused...

Iran Threatens To Shut Strait Of Hormuz If US Continues Blockade— Hours After Saying Route ‘Completely Open’

by Ananya Gairola | Apr 18, 2026 | General

On Friday, Iran signaled it could close the Strait of Hormuz if the U.S. maintains its blockade of Iranian ports, just hours after declaring the vital shipping lane open during a temporary ceasefire. “With the continuation of the blockade, the Strait of Hormuz...
Trump Goes After Reed Hastings Amid Netflix Stock Rout— ‘Forced’ To Leave?

Trump Goes After Reed Hastings Amid Netflix Stock Rout— ‘Forced’ To Leave?

by Eva Mathew | Apr 18, 2026 | General

A late-night post from President Donald Trump has dragged Reed Hastings back into the spotlight, just as Netflix Inc‘s (NASDAQ:NFLX) stock tumbled and the company confirmed his board exit. Trump, writing on Truth Social on Friday, questioned whether Hastings was...

Trump Claims Iran Has Agreed To ‘Everything’ Including Uranium Removal— Tehran Disagrees

by Mohd Haider | Apr 18, 2026 | General

President Donald Trump has stated that Iran has agreed to all terms, including the removal of enriched uranium, a claim that Iran has refuted. Uranium Transfer Claim Sparks Direct Rebuttal In a phone interview with CBS News, Trump also assured that this process...
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