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 (David Pan/Bloomberg)

David Pan / Bloomberg:
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 (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times:
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 (BBC)

BBC:
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 (Wall Street Journal)

Wall Street Journal:
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 (Gerrit De Vynck/Washington Post)

Gerrit De Vynck / Washington Post:
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.

India to exempt foreign companies from being taxed when providing equipment to their contract manufacturers in the country, a rule change Apple lobbied for (Reuters)

Reuters:
India to exempt foreign companies from being taxed when providing equipment to their contract manufacturers in the country, a rule change Apple lobbied for  —  India's government on Sunday handed a major win to Apple (AAPL.O) by allowing foreign companies to provide machines …