Startups
Shield AI to Buy Echodyne for $5.3B and Raise $2.5B at $28.8B Value
· 4 min read
PFM Today: Future-Focused News on AI, Startups, Business & More
Sunday, November 8
Today's briefing
10 new stories in the last 24 hours
Latest news
· Space
ESA Hera Sends First Close-Up of Didymos, Showing Side DART Missed
ESA's Hera probe has reached the Didymos asteroid pair and sent its first close-up image from 60 km, revealing a side of Didymos that NASA's DART never saw.
· Design
Canva Layoffs: Restructure Hits 1,271 Roles as Growth Slows
Canva is cutting or changing 1,271 roles, about 22% of its staff, after growth slowed for the first time in a decade. Here is what changes and why.
OpenAI GPT-6 Cyber Launches for Vetted Security Teams via Daybreak Red
OpenAI's GPT-6 Cyber model, rated Critical for cyber capability, launched on November 5, 2026 for approved Daybreak Red customers. Here is what it does.
Wayfair Q3 2026 Earnings: US Sales Up 11.4% as It Returns to Profit
Wayfair's Q3 2026 revenue rose 9.7% to $3.42 billion, led by 11.4% US growth, and it swung to a $62 million profit. Here are the key numbers.
· Business
PSX Investor Base Hits Record 681,965 After 47% Jump in 2026
The Pakistan Stock Exchange ended October 2026 with a record 681,965 investors, adding 218,894 this year as young investors from Punjab and Sindh pile in.
Commerce.com Q3 2026: Revenue Dips 2% as AI Shopping Push Grows
Commerce.com, owner of BigCommerce and Feedonomics, reported Q3 2026 revenue of $84.2 million, down 2.1%, as it bets on AI-ready catalogs and agentic commerce.
How to Accept Online Payments in Pakistan: JazzCash vs Easypaisa
A step-by-step guide to accepting online payments in Pakistan with JazzCash, Easypaisa, Safepay or PayFast: documents, fees and which option suits you.
1stDibs Names Bradford Shellhammer CEO as Rosenblatt Becomes Chair
Luxury design marketplace 1stDibs will make Bradford Shellhammer CEO on January 1, 2027, with David Rosenblatt moving to executive chair after 15 years.
· Startups
ABHI Microfinance Bank IPO Prices at Rs15.50 After Strong Demand
Fintech ABHI's microfinance bank priced its PSX IPO at Rs15.50 a share on 6 November 2026 after bids beat the book-building offer by about 59%.
CrowdStrike to Buy Fiddler AI and Dreadnode to Secure AI Agents
CrowdStrike agreed to buy Fiddler AI and Dreadnode, reportedly for about $495 million, and launched an AI Kill Switch to stop rogue AI agents.
Mind Robotics Hires Doug Field as President, Scaringe Says at Disrupt
· 4 min read
Disrupt 2026 Startup Battlefield Top 20: The Full List Explained
· 3 min read
Intero Biosystems Wins Startup Battlefield at Disrupt 2026
· 3 min read
Disrupt 2026 Day 1 Recap: Rivian, Cerebras, Fusion and Agentic AI
· 3 min read
Canva Layoffs: Restructure Hits 1,271 Roles as Growth Slows
Canva is cutting or changing 1,271 roles, about 22% of its staff, after growth slowed for the first time in a decade. Here is what changes and why.
· 4 min read
Adobe MAX 2026 Preview: Miami Beach Dates, Keynotes and AI Tools
Adobe MAX 2026 runs November 10–12 in Miami Beach. Here are the keynote times, Sneaks, the AI tools already announced and how to watch online.
· 3 min read
Figma Q3 2026 Earnings: Revenue Up 43% as Figma Agent Takes Off
Figma's Q3 2026 revenue rose 43% to $391.4 million and it raised full-year guidance by $33 million, as AI credits and the Figma agent drove spending.
· 4 min read
Dezeen Awards 2026 Public Vote Winners: 49 Projects Chosen by Readers
Dezeen readers picked 49 public vote winners across architecture, interiors and design for 2026. See the design winners and when the main awards are revealed.
· 3 min read
Pakistan Trade Deficit Widens 20% to $3.88 Billion in October 2026
Pakistan's trade deficit rose 19.7% to $3.88 billion in October 2026 as imports grew 11.8% and exports just 2.8%, PBS data show. Here is what it means.
· 3 min read
PSX Investor Base Hits Record 681,965 After 47% Jump in 2026
The Pakistan Stock Exchange ended October 2026 with a record 681,965 investors, adding 218,894 this year as young investors from Punjab and Sindh pile in.
· 3 min read
DraftKings Cuts 2026 Revenue Guidance After Q3 Miss; Shares Tumble
DraftKings lowered its 2026 revenue forecast to $6.35–$6.55 billion after Q3 sales of $1.33 billion missed estimates. Here's what it means.
· 3 min read
Arm Earnings: Record $1.44B Revenue as Data-Centre Royalties Double
Arm Holdings posted record fiscal Q2 2027 revenue of $1.44 billion, up 27%, as data-centre royalties doubled. Here are the results and outlook.
· 3 min read
ESA Hera Sends First Close-Up of Didymos, Showing Side DART Missed
· 3 min read
NASA ESCAPADE Flyby: Twin Probes Slingshot Past Earth Toward Mars
· 4 min read
NASA MAX POWER Air Show at Kennedy Space Center: Moon Base Update
· 3 min read
Blue Origin Unveils Glenn Stage 3 and Northstar Engine for New Glenn
· 3 min read
Microsoft Ignite 2026 Preview: Dates, Keynote and AI Agent Sessions
Microsoft Ignite 2026 runs November 17–20 in San Francisco. Here are the dates, the Nadella and Althoff keynote, key AI agent sessions and how to watch.
· 4 min read
Lenovo Moves Its CES 2027 Keynote to Sphere for Tech World Show
Lenovo will hold its CES 2027 keynote at Las Vegas's Sphere on January 6, with CEO Yuanqing Yang presenting its hybrid AI vision at Tech World @ CES.
· 3 min read
Waymo Co-CEO Tekedra Mawakana Named CES 2027 Keynote Speaker
Waymo co-CEO Tekedra Mawakana will keynote CES 2027 on January 5, outlining the robotaxi company's safety approach and international expansion plans.
· 3 min read
Stellantis CEO Antonio Filosa to Open CES 2027 Keynotes in Las Vegas
Stellantis CEO Antonio Filosa will deliver the first CES 2027 keynote on January 6, unveiling new vehicles and software as CES hosts its largest mobility show.
· 3 min read
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