Saturday, October 26, 2024

An interview with Humane co-founders Bethany Bongiorno and Imran Chaudhri on dealing with the reaction to the AI Pin, plans to license its CosmOS, and more (Om Malik/Crazy Stupid Tech)

Om Malik / Crazy Stupid Tech:
An interview with Humane co-founders Bethany Bongiorno and Imran Chaudhri on dealing with the reaction to the AI Pin, plans to license its CosmOS, and more  —  It's Saturday in South Park.  Kids are squealing.  A man shadowboxes behind me.  Sitting across from me on a not-so-clean bench …



Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices (Connor Hart/Wall Street Journal)

Connor Hart / Wall Street Journal:
Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices  —  The e-commerce platform denied allegations that it made misstatements about its antitrust and exclusivity practices



Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns (Financial Times)

Financial Times:
Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns  —  Social media platform has raised a fraction of $100mn target and mainly from Trump and Republicans



The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry (Bloomberg)

Bloomberg:
The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry  —  Of all the legal actions taken against cryptocurrency companies by US regulators and prosecutors over the past year …



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...