Analysis: World Liberty Financial has earned the Trump family at least $1.2B in cash since its launch, while the Witkoff family has earned at least $200M — Sons of top Trump administration officials made billions for their families, but their investors didn't always fare so well
European countries are moving toward social media bans for children, even as doubts persist over implementation and the risk of a new battle with US tech groups — Move follows Australia's decision to introduce age restrictions over child safety concerns — Leila Abboud in Paris, Barbara Moens in Brussels and Nic Fildes in Sydney
Tether froze $544M in alleged illicit income at Turkey's request, part of its push to aid governments in crackdowns against crypto use in alleged crimes — On Jan. 30, Turkish authorities announced the freezing of more than half a billion dollars in assets owned by Veysel Sahin …
Apple, whose capital expenditure is just a fraction of its peers, is the only Big Tech company that saw capex decline YoY in Q4, decreasing 19% to $2.37B — One of these companies is not like the others. — If you've been following the Big Tech companies' earnings reports …
An interview with Kalshi CEO Tarek Mansour about the “wisdom of the crowd”, political polarization, having Trump Jr. as an adviser, casino comparisons, and more — The co-founder of America's biggest predictions market on the ‘wisdom of the crowd’, political polarisation — and the company's adviser, Donald Trump Jr
New US rules banning Chinese software in internet-connected vehicles from March 17 add urgency to industrywide efforts to reduce reliance on Chinese components — New U.S. rules ban Chinese software in vehicles on national-security grounds — How Chinese is your car? Automakers are racing to work it out.
The EU says that TikTok's “addictive design” is illegal under the DSA, citing the app's infinite scroll and recommendation algorithm, in preliminary findings — European Union regulators said the app's infinite scroll and personalized algorithm led to “compulsive” behavior, especially among children.
Women in rural India report experiencing trauma from data annotation work, which requires them to review violent content and porn for global tech companies — Women in rural communities describe trauma of moderating violent and pornographic content for global tech companies
Germany's Federal Cartel Office rules Amazon must stop enforcing price controls for retailers on its German marketplace and seizes €59M; Amazon can appeal — Amazon.com Inc. must stop enforcing price controls for retailers on its German marketplace, according to the nation's antitrust watchdog …
RapidFort, which develops tools for securing software supply chains, raised a $42M Series A led by Blue Cloud and ForgePoint, taking its total funding to ~$51M — Software supply chain security startup RapidFort Inc. announced today that it has raised $42 million in early-stage funding …
Galaxy Digital reports a Q4 net loss of $482M, above $282M est., driven primarily by the crypto market crash, and says its trading volumes declined ~40% QoQ — Billionaire Michael Novogratz said he remains optimistic even after Galaxy Digital Inc. posted a wider-than-expected loss …
Sources: OpenAI is prioritizing ChatGPT over long-term research, prompting senior staff departures; Sora and DALL-E teams felt neglected and under resourced — Resources at $500bn company are being redirected from long-term research towards improving the flagship chatbot
Paris prosecutors say they raided X's French offices with assistance from Europol; Elon Musk and ex-CEO Linda Yaccarino have been summoned to April hearings — Offices belonging to Elon Musk's social media platform X in France are being raided, the Paris prosecutor's office says.
A look at Polymarket's rise since the US DOJ dropped its probe: securing publisher deals and US licenses, insider trading concerns, and bet resolution disputes — Shayne Coplan has built the crypto-based betting platform into a $9 billion company; Justice Department probe gets shelved
SEC complaint: a whistleblower alleges Google broke its ethics rules in 2024 to help an Israeli military contractor use AI to analyze drone surveillance video — A whistleblower complaint filed with the SEC claims that Google breached its own ethics rules to help an Israeli contractor apply AI to drone surveillance video.
Patricia Cohen / New York Times : How Schneider Electric is using AI in call centers and manufacturing to complement employees' work ...
