Others

Trump threatens 25% tariffs on iPhones made outside the US

May 23, 2025
President Trump lashed out at Apple on Friday, threatening the company with a 25% tariff on iPhones unless it moves production to the U.S. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s [sic] that will be sold in the United States of America will be manufactured and built in […]

Anthropic CEO claims AI models hallucinate less than humans

May 22, 2025
Anthropic CEO Dario Amodei believes today’s AI models hallucinate, or make things up and present them as if they’re true, at a lower rate than humans do, he said during a press briefing at Anthropic’s first developer event, Code with Claude, in San Francisco on Thursday. Amodei said all this in the midst of a […]

Hinge Health pops 17%, but joins growing ranks of down round IPOs

May 22, 2025
Hinge Health, a digital physical therapist company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, Hinge’s public valuation is significantly less than its last […]

Klarna CEO and Sutter Hill take victory lap after Jony Ive’s OpenAI deal

May 22, 2025
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X.  His family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an […]

Bluesky will begin verifying ‘notable’ users

May 22, 2025
Bluesky on Thursday quietly opened the doors to those who want to become verified on its social networking service. In a post published by the Bluesky Safety account, the company announced that “notable and authentic” accounts can now apply for verification through a new online form. Plus, organizations can request to become a Trusted Verifier […]