Cailley LaPara / Bloomberg:
Reliable Robotics, which is developing autonomous aircraft systems for cargo flights, raised $160M led by Nimble Partners, pushing its valuation to ~$1B  —  Reliable Robotics Corp. secured $160 million in new funding — pushing its valuation to nearly $1 billion — as the Silicon Valley startup makes …

Palantir CEO Alex Karp is a man in charge of one of the most important and frightening companies in the world. Karp's new book, cowritten with Nicholas Zamiska, is called The Technological Republic. After claiming "because we get asked a lot," Palantir posted a 22-point summary of the book that reads like a corporate manifesto. […]

Zaheer Kachwala / Reuters:
Adobe announces a $25B stock repurchase program through April 30, 2030; Adobe shares have fallen around 30% so far this year  —  Adobe (ADBE.O) on Tuesday said its board of directors has approved a new $25 billion stock repurchase program through April 30, 2030, sending its shares up around 2% in extended trading.

Microsoft has slashed the price of Game Pass Ultimate, a rare concession to Xbox consumers faced with rising prices across the board.

Lorenzo Franceschi-Bicchierai / TechCrunch:
The US DOJ says a former ransomware negotiator pleaded guilty to helping cybercriminals extort companies in cyberattacks in five different incidents  —  Angelo Martino, a former ransomware negotiator, has pleaded guilty to helping cybercriminals extort companies in cyberattacks.