Author: i2wtc

Ramp, which offers a financial operations platforms to corporate clients, has raised its valuation to $16 billion in a new fundraising led by long-time investor Founders Fund, Peter Thiel’s venture firm. The $200 million round is the fifth that Founders’ has led for Ramp and raised its valuation by $3 billion. It last raised money at a $13 billion valuation in March.Founded in 2019, Ramp offers services that cover corporate cards, procurement, bookkeeping, travel booking, and vendor management, and says it handles tens of billions in purchases annually across 40,000 companies. Ramp ranked No. 6 on the 2025 CNBC Disruptor 50…

Israel and Iran are trading missile strikes well into the firth day of the conflict between the two Middle Eastern countries as loud explosions were heard over Tel Aviv, West Jerusalem and Tehran. These strikes come shortly after Israeli defense forces issued warnings about incoming Iranian missiles followed with claims by Israel that it had assasinated Iran’s Armed Forces Chief of Staff, according to Al Jazeera. According to Iran military X accounts, Operation True Promise 3 was launched in waves targeting Israeli sites with both missiles and drones as part of retaliation against Israels assault on Iran dating back to June…

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks to the Economic Club of New York in Manhattan, New York City, on April 23, 2024.Mike Segar | ReutersJPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD.The U.S. banking giant told CNBC on Tuesday that it’s planning to launch a so-called deposit token on Coinbase’s public blockchain Base, which is built on top of the Ethereum network. Each deposit token is meant to serve as a digital representation of a commercial bank deposit.JPMD will offer clients round-the-clock settlement as well…

Listen to article A total of 78 Pakistanis, including 47 students, returned to Pakistan today through the Taftan border, raising the total number of repatriated citizens to 1,200. The Pakistani nationals, comprising mostly pilgrims, were stranded in Iran due to the ongoing Israel-Iran conflict. According to Express News, during the last two days, 987 pilgrims and students have been safely brought back. The returnees have travelled on 37 buses, with many more expected to return soon. Levies sources confirmed that the returnees include traders, students, and pilgrims. The ongoing repatriation is being managed at Pakistan House, where all necessary facilities have been provided…

From left, Cliff Obrecht, Canva’s co-founder and chief operating officer, and George Howes, co-founder and CEO of MagicBrief, pose for a photo at the Cannes Lions festival in Cannes, France, in June 2025.CanvaCanva has grown into a $32 billion startup through its popular design tools used for easily creating images, marketing material and presentations.Now the company, with its 12th acquisition, is buying its way into the analytics market. Canva said on Tuesday that it’s buying MagicBrief, whose technology is used for analyzing ad performance, for an undisclosed sum. With MagicBrief, companies can track spending and engagement on their ads and…

Streaming has outpaced the combined share of broadcast and cable TV viewing for the first time ever, according to a new Nielsen report.Streaming represented 44.8% of total TV viewership in May, its largest share to date, while the combination of broadcast, with 20.1%, and cable, with 24.1%, represented 44.2% of TV viewing, according to Nielsen’s The Gauge monthly report.Compared with this time four years ago, when Nielsen started its monthly reports, streaming has skyrocketed 71%, while broadcast and cable viewing have declined 21% and 39%, respectively, according to Nielsen.”While many have expected this milestone to occur sooner, sporting events, news and new season…

Listen to article Iran’s Revolutionary Guards said they struck a centre of Mossad, Israel’s foreign intelligence service, in Tel Aviv on Tuesday, amid an escalating air war between the two foes. In a statement aired on state television, the Guards said they “struck the military intelligence centre of the Zionist regime’s army, Aman, and the Zionist regime’s terrorist operations planning centre, the Mossad, in Tel Aviv”, adding it was “currently on fire”. Iran’s Revolutionary Guards said they launched on Tuesday an attack targeting Israeli air bases from which they claim fighter jets have taken off to strike the Islamic republic. “In the…

President Donald Trump on Tuesday warned Iranian leader Ayatollah Ali Khamenei that he is an “easy target” and “our patience is wearing thin,” before demanding Tehran surrender in its escalating conflict with Israel.”We know exactly where the so-called ‘Supreme Leader’ is hiding,” Trump wrote on Truth Social.”He is an easy target, but is safe there – We are not going to take him out (kill!), at least not for now,” he wrote after declaring “total control” over Iran’s airspace.”But we don’t want missiles shot at civilians, or American soldiers. Our patience is wearing thin.”Trump in a subsequent post made clear…

Chinese President Xi Jinping meets with Tajik President Emomali Rahmon on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Li Tao)ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping on Tuesday called on China and Tajikistan to expand the scale of bilateral trade and investment.Xi made the remarks in a meeting with Tajik President Emomali Rahmon on the sidelines of the second China-Central Asia Summit in the Kazakh capital of Astana.Xi recalled that during his visit to Tajikistan last year, he and Rahmon jointly announced the establishment of a comprehensive strategic cooperative partnership in…

Thomas Fuller | Lightrocket | Getty ImagesReddit shares rallied about 6% after the social media company debuted new artificial intelligence-powered advertising tools.The two new features, announced Monday in a post during the Cannes Lions festival, will help brands better leverage discussions on the platform. The company said the tools are powered by an engine called Reddit Community Intelligence, which turns “posts and comments into structured intelligence.”Reddit announced a “listening tool” called Reddit Insights, which shares real-time insights with marketers to help them identify trends and launch campaigns. The other tool, called Conversation Summary Add-ons, allows brands to show “positive” user…