Monday, February 3, 2025

An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M (Washington Post)

Washington Post:
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M  —  Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates …



The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung (Bloomberg)

Bloomberg:
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung  —  - Seoul court upholds Jay Y. Lee's earlier victory on appeal  — The Samsung scion can now focus on turning around the firm



Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more  —  Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries.



Sunday, February 2, 2025

Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters:
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024  —  U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest from EU antitrust regulators related …



Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban  —  Chinese fast-fashion platform Shein has relaunched in India through a partnership with local conglomerate Reliance's retail chain …



A look at Future You, an AI-based research tool that lets users interact with a virtual older self and is currently being used by 60,000 people from 190 nations (Heidi Mitchell/Wall Street Journal)

Heidi Mitchell / Wall Street Journal:
A look at Future You, an AI-based research tool that lets users interact with a virtual older self and is currently being used by 60,000 people from 190 nations  —  A new artificial-intelligence tool allowed me to talk to my 80-year-old self.  It's going to be quite a life.



A US man pleads guilty to a cyberstalking campaign against a professor, including by creating chatbots on Crushon.ai and JanitorAI using her personal info (Katie McQue/The Guardian)

Katie McQue / The Guardian:
A US man pleads guilty to a cyberstalking campaign against a professor, including by creating chatbots on Crushon.ai and JanitorAI using her personal info  —  James Florence, 36, agreed to plead guilty after using victim's information to guide chatbots in impersonation



Saturday, February 1, 2025

India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiatives, and extends tax benefits for startups  —  India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms …



In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been "on the wrong side of history" concerning open sourcing (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
In a Reddit AMA, Sam Altman admitted that DeepSeek has lessened OpenAI's lead and said OpenAI has been “on the wrong side of history” concerning open sourcing  —  To cap off a day of product releases, OpenAI researchers, engineers, and executives, including OpenAI CEO Sam Altman …



A look at the online scam industry in Southeast Asia and how Indians became its targets; 2,358 Indians were rescued from scam compounds between 2022 and 2024 (Ayush Tiwari/Scroll.in)

Ayush Tiwari / Scroll.in:
A look at the online scam industry in Southeast Asia and how Indians became its targets; 2,358 Indians were rescued from scam compounds between 2022 and 2024  —  Essential background on how the online scam industry sprung up and evolved - and how Indians became its targets.



YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)

Abner Li / 9to5Google : YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get...