IT on The Soothsayer

Apple has updated its age-rating system for apps, adding 13+, 16+, and 18+ ratings and removing 12+ and 17+ age ranges. The new system requires developers to answer age-rating questions and disclose sensitive content, aiming to provide parents with more specific guidance on app suitability for their children. The changes are part of Apple’s broader…

Figma, a popular design tool, is set to go public with an initial public offering (IPO) that could raise up to $1.5 billion. The company’s founder and CEO, Dylan Field, will sell 2.35 million shares, cashing out over $62 million at the midrange price. Existing shareholders, including venture investors like Index, Greylock, Kleiner Perkins, and…

Rune Technologies, a startup founded by veterans, has raised $24 million in a Series A round to develop AI-enabled software for military logistics. The company’s flagship product, TyrOS, aims to transform manual logistics processes into intelligent supply webs that predict future needs and optimize current resources. With its edge-first architecture and deep learning models, TyrOS…

A newly discovered security bug in Microsoft’s SharePoint has left thousands of small to medium-sized businesses vulnerable to cyberattacks. The bug, known as CVE-2025-53770, allows hackers to steal private digital keys from SharePoint servers without needing any credentials to log in. Microsoft has not yet provided patches for all affected SharePoint versions, leaving customers exposed…

xAI’s latest model, Grok 4, has taken the tech world by storm, driving a 325% increase in revenue on iOS to $419,000 within just two days of its launch. The model’s success has also led to a significant spike in daily downloads, with a 279% increase to 197,000. While the addition of AI companions has…

Astronomer’s CEO Andy Byron has resigned following a viral incident at a Coldplay concert where he was caught on camera with the company’s Chief People Officer Kristin Cabot. The company has placed both Byron and Cabot on leave and is searching for a permanent replacement. Astronomer’s co-founder and Chief Product Officer Pete DeJoy will serve…

The startup behind the AI coding app Cursor is expanding its enterprise offerings by acquiring top talent from AI enterprise startups. This move aims to bolster its competition with Microsoft’s GitHub Copilot and win over businesses looking to supercharge their employees with AI coding tools. Cursor has recently acquired the AI-powered customer relationship management (CRM)…

Rivian founder and CEO RJ Scaringe has transferred a portion of his ownership stake and voting power to his ex-wife as part of a newly settled divorce proceeding. This shift in ownership comes at a pivotal time for Rivian, which is redesigning its flagship vehicles and banking on the upcoming R2 SUV to grow sales….