Jack Dorsey Announces His Departure from Bluesky on X, Calls Elon Musk’s Platform ‘Freedom Technology’
Dorsey helped fund and promote the rival social media platform.
OpenAI CEO Sam Altman admits that AI’s benefits may not be widely distributed
In a new essay on his personal blog, OpenAI CEO Sam Altman said the company is open to a “compute budget,” among other “strange-sounding” ideas, to “enable everyone on Earth to use a lot of AI” and ensure the benefits of the technology are widely distributed. “The historical impact of technological progress suggests that most […]
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TechCrunch Space: Launch pad decongestion
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The Net Gala hosts its first event for the stylish and chronically online
Days before the Met Gala, New York’s young and techish partied at The Net Gala.
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‘End of an Era Moment’: Music Retailer Sam Ash to Shut Down After 100 Years in Business
The retailer currently has 42 locations across the U.S.
Lucid loses longtime Apple and Intel exec who steered software division
Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is “effective immediately, in order to pursue other opportunities.” Lucid says Bell will serve in an advisory role through mid-August to help “transition” his duties at […]
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Global crypto firms turn to Hong Kong for refuge — and opportunity
With U.S. regulators continuing to ramp up scrutiny, crypto startups and founders are looking to Hong Kong to support their growth.
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DocuSign acquires AI-powered contract management firm Lexion
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments in the contract management space, most recently launching DocuSign IAM, a service aimed at connecting different components of […]
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Warren Buffett’s Successor Says Berkshire Hathaway’s Culture Will Stay the Same
Berkshire’s Vice Chairman Greg Abel, 61, is next in line to run the company.
TikTok’s CEO Is an Honorary Chair at the 2024 Met Gala
The Met Gala is on Monday, May 6 in New York.
‘I’m Smarter Now…But Also Poorer’: Warren Buffett Says Berkshire Hathaway Ditched Its Entire Stake in Paramount at a Big Loss
Buffett confirmed the decision during Saturday’s Berkshire Hathaway annual shareholder meeting.