TopTechTrends

LemFi moves remittances further into Asia and Europe with $53M in new funding

January 14, 2025

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance […]

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How Barcelona became an unlikely hub for spyware startups

January 14, 2025

Barcelona’s mix of affordable cost of living and quality of life has helped create a vibrant startup community — and become a hotbed for the creation of surveillance technologies.

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China is reportedly open to Elon Musk acquiring TikTok US

January 14, 2025

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19th. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk […]

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China reportedly considers selling TikTok US to Elon Musk

January 14, 2025

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19th. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk […]

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As TikTok faces a US shutdown, here are some alternative apps to check out

January 13, 2025

TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our lives.  The law gives TikTok parent company […]

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Robinhood agrees to pay $45M in SEC settlement

January 13, 2025

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with […]

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Microsoft forms new internal dev-focused AI org

January 13, 2025

Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams. […]

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Mark Zuckerberg and the power of the media

January 13, 2025
This article first appeared in The Debrief, MIT Technology Review’s weekly newsletter from our editor in chief Mat Honan. To receive it in your inbox every Friday,  sign up here. On Tuesday last week, Meta CEO Mark Zuckerberg released a blog post and video titled “More Speech and Fewer Mistakes.”  Zuckerberg—whose previous self-acknowledged mistakes include the Cambridge Analytica…

The CIA’s first CTO, Nand Mulchandani, prepares for the Trump administration

January 13, 2025

In April 2022, the CIA decided to swipe right on Nand Mulchandani, appointing him as its first-ever Chief Technology Officer. It was a good look for the CIA. Mulchandani, who previously served as the CTO and acting director of the Defense Department’s Joint Artificial Intelligence Center, is something of a rare breed in Washington. Before […]

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