How Raya, a privately held dating app with a waitlist of 2.5M people, found success through its rigorous user selection process and Fight Club-style rules — The privately held company has attracted an A-list clientele and even gotten Gen Z onboard with online dating.
The US CFTC staff describe chaos, cutbacks, and an atmosphere of resentment and paranoia as the agency prepares to take on new crypto regulatory duties — The Commodity Futures Trading Commission is poised to take on vast new responsibilities. Staff describe chaos, cutbacks and an atmosphere of resentment and paranoia.
Some experts say Trump's extraordinary intervention is unlikely to save Intel, which faces challenges with poor yields and competition from TSMC and Nvidia — U.S. President Donald Trump is injecting nearly $9 billion into Intel(INTC.O) in exchange for a 9.9% equity stake.
Sources: Foxconn recalled ~300 Chinese engineers from its Indian plant making iPhone parts, replacing them with Taiwanese staff, its second such move in months — Apple Inc. assembly partner Foxconn Technology Group has recalled about 300 Chinese engineers from a factory in India …
How AI is increasingly being used to replace human content moderators, who say that the tech is not yet capable of reliably identifying harmful content — Kevin decided on a career in content moderation after his YouTube recommendations took a bewildering swerve.
Q&A with David Luan, head of Amazon's AGI research lab, on leaving Adept in a reverse acquihire deal, why he believes progress on AI models has slowed, and more — Why Amazon AGI Labs chief David Luan thinks solving agents is the next ‘S-curve’ for AI.
Filing: OnlyFans gross revenue hit $7.2B in FY ending Nov. 2024, up from $6.6B YoY, and paid $5.8B to creators, up from $5.3B; creator accounts grew 13% to 4.6M — Porn streamer paid $5.8bn to content creators last year as Leonid Radvinsky holds talks over offloading majority stake
Email: TikTok plans to lay off several hundred UK trust and safety staff in the UK and Asia, citing “technological advances” such as LLMs in content moderation — Moves comes despite Online Safety Act requirements on dangerous material — TikTok is poised to lay off hundreds …
China's SSE Composite Index hits a decade high on Aug. 22, driven by gains in local chipmakers Cambricon and Hygon, after Nvidia reportedly halts H20 production — Chinese stocks were a standout performer in global markets on Friday, with a benchmark of onshore equities capping …
CBP data: between April and June 2025, CBP searched 14,899 devices carried by international travelers, up from a high of 12,766+ between January and March 2022 — Customs and Border Protection agents searched nearly 15,000 devices from April through June of this year, a nearly 17 percent spike …
Sources: Take-Two lays off 80 staff at BioShock studio Cloud Chamber, or ~33% of its 250 staff, and delays the next BioShock game to late 2026 or early 2027 — Thirty percent of the studio was laid off this week, adding more years to the game's production — Take-Two Interactive Software …
Sources: Elon Musk is quietly pumping the brakes on his plans to start a US political party, telling allies he wants to focus his attention on his companies — The billionaire has sought to maintain ties with JD Vance, a potential heir to Trump's MAGA political movement
Kick says it is “urgently reviewing” the circumstances of the death of a French livestreamer who was subjected to violence and sleep deprivation during streams — An investigation has been launched into the death of a French streamer known for extreme challenges.
Eight Sleep, which makes the AI-based Pod smart mattress cover to monitor sleep stages and more, raised $100M from HSG and more, after an $86M Series C in 2021 — Roughly one in three adults in the U.S. regularly gets insufficient sleep, driving demand for tools that can monitor, analyze, and enhance rest.
Sources: Databricks is finalizing a funding round that would value it at $100B, up 61% from December 2024, co-led by Thrive Capital; a16z is set to participate — The data analytics company, fueled by the AI boom, was valued at $62 billion less than a year ago
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
