Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat — Private capital giant shorted loans and cut exposure to sector amid concerns over threat from AI
A profile of Nex, which makes the $249 Nex Playground motion-based gaming system targeted toward kids and projects more than $150M of sales this year — How an obscure company pivoted, then pivoted again, nearly ran out of money—and built a hit product
EU finance ministers agreed to set a €3 customs duty on low-value parcels from July 2026, aiming to crack down on cheap Chinese imports from brands like Shein — European Union finance ministers agreed on Friday to set a 3 euro ($3.52) custom duty on low-value parcels arriving in the bloc …
Papua New Guinea says Google will build three subsea cables for the country, a $120M effort funded by Australia, amid China's rising influence in the region — Papua New Guinea said on Friday that Alphabet's (GOOGL.O) Google will build three subsea cables, funded by Australia under a mutual defence treaty …
Taiwan opens its largest AI supercomputing data center using Nvidia's Blackwell chips, a major effort in its push for sovereign AI and chip industry innovation — TAINAN, Taiwan — Taiwan has opened its latest and largest AI supercomputing data center with Nvidia's most advanced Blackwell chips …
Israeli startup Port, which offers a proprietary developer portal competitor to Spotify's open-source Backstage, raised a $100M Series C at an $800M valuation — Spotify may be synonymous with music streaming, but it's also got a wildly popular developer-tool side-hustle called “Backstage.”
Harness, which uses AI to automate code testing, verification, security, and governance, raised a $240M Series E led by Goldman Sachs at a $5.5B valuation — AI DevOps tool Harness, founded in 2017 by serial entrepreneur Jyoti Bansal, is on track to exceed $250 million in annual recurring revenue in 2025, Bansal tells TechCrunch.
An Ai2 research scientist argues that AGI, as commonly conceived, will not emerge because it ignores, among other things, the physical realities of computation — If you are reading this, you probably have strong opinions about AGI, superintelligence, and the future of AI.
The US CBP proposes vetting five years of social media history for travelers from the UK, France, Germany, and more; the current system only requires basic info — Even visitors from countries like Britain and France, whose citizens don't need visas, would have to share five years' worth of social media.
Australia's under-16 social media ban excludes Discord, GitHub, LEGO Play, Roblox, Steam, Google Classroom, Facebook Messenger, WhatsApp, and YouTube Kids — Young teenagers in Australia have been barred from social media platforms such as Facebook, Instagram and TikTok in one of the toughest crackdowns …
Mercedes partners with Chinese software developer Momenta to deploy Level 4 self-driving cars for Lumo Mobility in Abu Dhabi, its first foray into robotaxis — Mercedes-Benz Group AG will partner with Chinese software developer Momenta Global Ltd. to deploy self-driving cars for Lumo Mobility in Abu Dhabi …
Q&A with Square product chief Willem Avé on Block's restructuring in 2024, AI automation, investing in crypto, the Lightning Network, and more — Today, I'm talking with Willem Avé, who's head of product at Square. You know Square — it was started by billionaire Jack Dorsey …
Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ — Payments company opens San Francisco base and reduces Tencent's holding in US pivot — A Singapore fintech that was labelled a …
Police in Edmonton, Canada partner with Axon to test body cameras with AI facial recognition, and say the results will be verified by human officers — Police body cameras equipped with artificial intelligence have been trained to detect the faces of about 7,000 people on a “high risk” …
Sources: Ted Sarandos met with President Trump in November, and both agreed WBD should go to the highest bidder; Sarandos argued that Netflix wasn't a monopoly — Netflix Inc. co-Chief Executive Officer Ted Sarandos ventured to the White House in mid-November for a meeting with President Donald Trump.
Reuters : China approves two cars from state-owned automakers with Level 3 autonomous capabilities, the first such approvals; the cars can...
