The downsizing follows a week of business updates for eBay. On the same day it shared its latest financial results, the company announced that it would acquire Depop, a consumer-to-consumer secondhand fashion retailer, from Etsy. The Depop purchase carried a $1.2 billion price tag, which could put at least a small dent in the $11.1 billion it reported in 2025 full-year revenue.
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Proxima Fusion, a Munich-based nuclear energy startup, has outlined plans to raise about €2 billion to build a major fusion test facility in Germany that could be a milestone on the path to commercially viable fusion power. The company expects more than half of that, roughly €1.2 billion, to come from the German federal government, […]
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