Dietrich Knauth / Reuters:
A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B — Bankrupt crypto lender Genesis Global on Wednesday received permission from a U.S. court to sell about $1.6 billion in Grayscale cryptocurrency trust shares …
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Thursday, February 15, 2024
A US judge approves Genesis' plan to sell ~$1.6B in Grayscale crypto trust shares to repay creditors, including 35M GBTC shares, worth ~$1.38B (Dietrich Knauth/Reuters)
Sources: Italian app developer Bending Spoons raised $155M from Baillie Gifford and more at a $2.6B valuation, after raising $100M in 2023, and seeks M&A deals (Daniele Lepido/Bloomberg)
Daniele Lepido / Bloomberg:
Sources: Italian app developer Bending Spoons raised $155M from Baillie Gifford and more at a $2.6B valuation, after raising $100M in 2023, and seeks M&A deals — - Italian app developer has raised $155 million in new funding — Company on track to generate $500 million in sales this year
Wednesday, February 14, 2024
Prospects of a wide-ranging AI bill in the US this year are rapidly dimming, despite Senator Chuck Schumer's push to put AI regulation at the top of the agenda (Brian Fung/CNN)
Brian Fung / CNN:
Prospects of a wide-ranging AI bill in the US this year are rapidly dimming, despite Senator Chuck Schumer's push to put AI regulation at the top of the agenda — Artificial intelligence is already sowing chaos and confusion in US elections — from a bogus robocall impersonating President Joe Biden …
A look at The Shotline, a project using ElevenLabs' tech to create audio deepfakes of kids killed in gun violence, to place AI-generated calls to US lawmakers (Joanna Stern/Wall Street Journal)
Joanna Stern / Wall Street Journal:
A look at The Shotline, a project using ElevenLabs' tech to create audio deepfakes of kids killed in gun violence, to place AI-generated calls to US lawmakers — Grieving parents made these audio deepfakes to stir the emotions of lawmakers. But they also mark a new era for artificial intelligence.
Thursday, February 1, 2024
UMG begins pulling its artists' music from TikTok after contract talks failed; videos featuring UMG artists will be muted and users can pick a new soundtrack (Ashley Carman/Bloomberg)
Ashley Carman / Bloomberg:
UMG begins pulling its artists' music from TikTok after contract talks failed; videos featuring UMG artists will be muted and users can pick a new soundtrack — - Publisher behind Drake and Taylor Swift pushes for better pay — Videos featuring Universal Music-owned songs will be muted
After Amazon ended its acquisition, iRobot, whose market share has been steadily eroding since 2014, could quickly become an also-ran in the robot vacuum market (Jennifer Pattison Tuohy/The Verge)
Jennifer Pattison Tuohy / The Verge:
After Amazon ended its acquisition, iRobot, whose market share has been steadily eroding since 2014, could quickly become an also-ran in the robot vacuum market — By abandoning its deal to buy iRobot, Amazon has left the robot vacuum maker stuck under the couch.
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...