GameStop bought $500 million of Bitcoin

May 28, 2025
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly […]

Stellantis pivots to Google’s Android as in-car partnership with Amazon ends

May 28, 2025
Three years ago, Stellantis announced it was pairing up with Amazon to create in-car software that would bring a slew of connected products and services to vehicles by 2024 as part of the automaker’s broader plan to generate $22.5 billion annually from software. That never happened. And now, the partnership is “winding down,” Reuters reported. […]

Karat Financial is bringing business banking to creators

May 28, 2025
Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product is a natural extension of its credit card offering with Visa. “Six years in, the problem we’re solving is still the same,” co-founder and co-CEO Eric Wei told TechCrunch. […]

Odyssey’s new AI model streams 3D interactive worlds

May 28, 2025
Odyssey, a startup founded by self-driving pioneers Oliver Cameron and Jeff Hawke, has developed an AI model that lets users “interact” with streaming video. Available on the web in an “early demo,” the model generates and streams video frames every 40 milliseconds. Via basic controls, viewers can explore areas within a video, similar to a […]

Meta wants to open more retail stores

May 28, 2025
Meta wants to grow its retail footprint, Business Insider reported on Wednesday. As Meta continues to invest in wearables, these stores would ideally help Meta boost the sales of hardware like the Ray-Ban Meta glasses and the Meta Quest VR headsets. These products may be easier to sell if customers can try them out at […]

Netflix co-founder Reed Hastings joins Anthropic’s board

May 28, 2025
Netflix co-founder Reed Hastings is joining Anthropic’s board of directors, the company announced on Wednesday. Hastings’ appointment adds a veteran big tech executive to one of OpenAI’s largest — and youngest — competitors in the AI race. The Netflix co-founder seems likely to help Anthropic grow from a startup into a major company, pulling from […]