Maven Loses Co-Founders After Launch
Kenneth Stanley, the former OpenAI researcher who co-founded Maven’s social media platform to facilitate serendipitous interactions,…
Nothing Phone 2a Plus Launches in US Via Beta Program
There was no announcement on Wednesday that the Nothing Phone 2a Plus, which is budget-friendly, is now available in the United States…
New Way for Facebook Creators to Avoid Jail
A new option is being provided to Facebook creators to help them avoid prison, specifically “Facebook jail,” upon their first…
Walt Disney Earnings Beat Estimates; Park Profits Drop
Walt Disney announced quarterly earnings on Wednesday that surpassed Wall Street expectations The success of the animated Pixar film…
Dawn Aerospace Rocket-Propelled Aircraft Takes Flight
In its most recent test campaign, Dawn Aerospace’s rocket-powered aircraft achieved unprecedented heights as the company endeavors to…
X Moves Closer to Launching Payment Service
It appears that X (formerly Twitter) is progressing on its impending payments system, bringing it closer to Elon Musk’s vision of…
Amazon Upgrades AI Image Generator
Amazon has enhanced its in-house image-generating model, Titan Image Generator, for AWS consumers who utilize its Bedrock generative AI…
Jumia to Raise $100M+ in Shares to Boost Growth
Jumia is set to sell 20 million shares to capitalize on strong results amid a volatile market Upon the stock market’s opening on…
Reddit to Test AI-Powered Search Results
AI-generated summaries will soon be displayed at the head of search results for Reddit users During the earnings call on Tuesday, Reddit…
EQT Takes Majority Stake in Acronis at $3.5B+ Valuation
EQT’s $3.5B acquisition of a majority stake in Acronis highlights the growing investor interest in cybersecurity, with Acronis offering…
German Scientists Raise $30M to Simplify Data for Companies
German scientists have raised $30M to help companies better manage and utilize their data, addressing common challenges faced by data…
SoftBank Q1 Profit Expected, Buyback in Focus
Japan’s SoftBank Group is anticipated to report a modest first-quarter profit on Wednesday However, investors are focused on whether the…
Placer.ai Valuation Hits $1.5B After $75M Funding
Placer.ai, using location data for AI market research, has raised $75 million, boosting its valuation to nearly $1.5 billion The startup…
YouTuber Files Class Action Over OpenAI Transcript Scraping
A YouTuber is seeking to file a class action lawsuit against OpenAI, alleging that the company used millions of YouTube video transcripts to…
Crypto Leaders, Harris Officials to Hold Roundtable
The cryptocurrency industry has the opportunity to shape the policy trajectory of Vice President Kamala Harris’s election campaign…
Aurora to Sell $420M in Shares for Self-Driving Truck
Aurora Innovation, a self-driving technology company, is raising hundreds of millions in additional capital to achieve an autonomous…
Amazon Shares Tumble Amid Slowing Online Sales Growth
Amazon shares fell over 8% on Friday after the company reported slower online sales growth and increasing consumer demand for cheaper options…
Snap Shares Plummet on Weak Outlook, Rising Ad Competition
Snap shares dropped 17% in premarket trading due to concerns about losing market share and a bleak forecast from its parent company amid…
Rediff Sells Majority Stake for $3M
Infibeam Avenues, a payments infrastructure firm, has acquired a majority 54% stake in Rediff.com for a potential $3 million This is a…
Terraform Labs Co-Founder Do Kwon to Be Extradited
The Appellate Court of Montenegro ruled on Thursday that Do Kwon, the co-founder of Terraform Labs, should be returned to his country of…