A review of The Yahoo Boys, a deeply reported book on four online scammers in Lagos, Nigeria, exploring how and why they scam and the local impact of the trade — Nigeria's “Yahoo Boys” have industrialized romance scamming, reflecting and distorting modern hustle culture in the face of collapsing economic prospects.
Luta Security CEO says US government restrictions on Mythos follow a jailbreak report by Amazon researchers and calls the restrictions a “complete overreaction” — The Trump administration is banning foreign governments, companies and individuals from using Anthropic's …
New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners — Current, NYC-based provider of a consumer fintech platform, raised $80M in Series E equity financing, at a $1.5 Billion valuation.
FanDuel owner Flutter plans to delist its London shares on August 3, citing low trading and high costs; Flutter moved its primary listing to the US in 2024 — Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market
Google's philanthropic arm, Google.org, commits $50M to help train 300K+ skilled trade workers across the US, amid a shortage of workers for AI projects — Google is committing $50 million to help train more than 300,000 skilled trade workers across the U.S. Why it matters …
Sources: Meta has completed an operational split with Manus and stopped data sharing; Manus is exploring options, including raising ~$1B to fund a buyback — Meta Platforms Inc. has completed an operational split from Manus and halted data sharing between the two companies …
Swedish autonomous truck company Einride will debut on the Nasdaq today after completing a SPAC merger at a pre-money valuation of $1.35B — The company's backers include Stockholm-based EQT Ventures — STOCKHOLM—Swedish autonomous truck company Einride will make its trading debut …
IT management platform NinjaOne raised $400M in a secondary share sale at a $12.3B valuation, up from $5B in February 2025, and says its ARR has hit $600M — NinjaOne, an IT management platform, has more than doubled its valuation to $12.3 billion in a new financing deal …
Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO Matthew Prince publicly calls out Vinod Khosla — Asking venture capitalists for investment is a rite of passage for tech founders. This has led to another universal experience: the VC pitching horror story.
A look at Ireland's Bring Your Own Power policy, which requires new data centers to have their own power plants on site or sources of energy produced nearby — The tiny nation is a test case for countries seeking AI investment without risking outages or higher bills for citizens
As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients — Wealth managers, who can make upwards of $500,000, are confronting a chatbot reckoning. — Down the Wealth Walkway on South Beach …
KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing — Only 26% of companies say they have a comprehensive view of their AI costs, according to a new survey
Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time — Also: What to expect at WWDC 2026. — A top secret meeting finally got Apple to take its AI crisis seriously.
Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM — CXMT's DDR5 memory is apparently not as cheap to procure as reports claim, falling in the same range as DRAM from other manufacturers.
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution — Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June …
The Information : Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in...
