FTX agrees to drop its litigation against Bybit in a deal worth about $228M that will allow FTX to withdraw assets from Bybit's cryptocurrency exchange — Search by Law Firm Search by Topic — FTX Trading Ltd. agreed to drop sprawling litigation against Bybit Fintech Ltd. and related entities …
A closer look at M4 Macs coming this week; sources: Apple's home smart display will have an iMac G3-like base and a square screen the size of about two iPhones — Also: fresh details on the company's upcoming smart home device. — Apple kicks off a Mac overhaul this week that centers on new M4 chips.
How militaries around the world are using warfare simulation video games like Slitherine Software's Command: Professional Edition to run battle scenarios — Militaries worldwide run battle scenarios using one family-run British company's software, rooted in Tom Clancy novels. Watch a video simulation to see how.
An interview with Humane co-founders Bethany Bongiorno and Imran Chaudhri on dealing with the reaction to the AI Pin, plans to license its CosmOS, and more — It's Saturday in South Park. Kids are squealing. A man shadowboxes behind me. Sitting across from me on a not-so-clean bench …
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices — The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns — Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry — Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year …
Q&A with Reddit CEO Steve Huffman on AI slop, the company's partnerships with Google and OpenAI, content moderation during an election year, and more — What makes Reddit a gold mine for AI models, he says, is all of the human-led content on its variety of forums
Sources: Meta strikes a multi-year deal with Reuters to use its news content to provide real-time answers to user queries in Meta AI chatbot, a first for Meta — - Meta has backed away from news content in its platforms' main feeds amid regulatory scrutiny, but news content may prove harder …
Chinese self-driving firm WeRide raised $120M in its US IPO at a $4.21B valuation, and sold 7.7M shares at $15.50 a piece, the lower end of its targeted range — Self-driving firm WeRide WRD.O notched a valuation of $4.21 billion after raising $120 million in its U.S. initial public offering …
The EU's Court of Justice sides with Intel over a once-record €1.06B antitrust fine, ruling that regulators failed to prove it gave illegal rebates to PC makers — - EU's top court rules in over decade-long legal fight — Separate case over a revised EU fine is still ongoing
Nigeria drops charges against Binance executive Tigran Gambaryan, detained since February 2024; sources say the case was discontinued due to his ill health — - Charges against Tigran Gambaryan dropped on health grounds — Gambaryan detained in February as Nigeria took aim at Binance
Joseph Gordon-Levitt criticizes AI, calling Hollywood a “canary in the coal mine” for other industries, and says studios “own the IP and I don't own any of it” — Actor says AI companies use movies and TV to make money without fairly compensating actors; industry should ‘get ahead of that flood’
Netflix shut down AAA game studio “Team Blue”, which hired industry veterans and seemed set to pursue a big-budget multi-device strategy, amid a gaming shake-up — The SoCal studio boasted senior veterans from Halo, God of War and Overwatch — One of Netflix's most intriguing video game studios is no more.
Jack Sweeney says Meta suspended Instagram and Threads accounts tracking celebrities' private jets, including Zuckerberg's; Meta cites a “risk of physical harm” — Instagram and Threads accounts that track the private jets of celebrities - including Mark Zuckerberg, Elon Musk …
Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...
