The Court of International Trade has struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court. The decision is a victory for importers and a setback for the administration.
Venture capital firm Chemistry Ventures, founded by former Bessemer, Index Ventures, and Andreessen Horowitz partners, is raising $500 million for its second fund. The firm focuses on early-stage startups in developer tools, fintech, and infrastructure.
AI law startup Norm announced a $120 million Series C funding round led by Khosla Ventures, valuing the company at $1.2 billion. Norm Law uses AI agents supervised by human attorneys to offer legal services, charging based on outcomes.
Anker's Soundcore Sleep A20 earbuds, designed to aid sleep by muffling sounds, are on sale for an all-time low of $99.99 at Best Buy and Target. The article also highlights deals on the JBL Go 5 Portable Bluetooth Speaker, Jisulife Handheld Fan Life8, and Eero 6 Wi-Fi Router at Amazon.
A lawsuit filed in Washington D.C. alleges the Trump administration shared confidential information about Iranian asylum seekers with the Iranian government, potentially endangering lives. The suit claims U.S. agencies met with Iranian officials, using Pakistan as an intermediary, to share details on asylum claims, including those related to religious conversion, sexuality, and participation in protests.
iRobot unveiled the Roomba Electro Plus, its first manual hard-floor cleaner combining vacuuming, mopping, and disinfecting via electrolyzed tap water. Five new Roomba robot vacuums with enhanced features and lower prices were also launched.
Bidbus, a startup that connects car sellers with multiple dealers for competitive bidding, has raised $15 million in Series A funding. The platform aims to offer sellers higher prices than services like Carvana by leveraging dealer competition, with an average offer reportedly $2,000-$3,000 higher.
