Charles Schwab backs Singapore’s Qapita, a Carta challenger
Charles Schwab and Singapore-based Qapita have teamed up to launch a new service to help U.S. startups manage cap tables and employee stock plans.
The Download: AI’s impact on the economy, and DeepSeek strikes again
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The State of AI: Welcome to the economic singularity —David Rotman and Richard Waters Any far-reaching new technology is always uneven in its adoption, but few have been more uneven than generative AI.…
Revolut aims to take on Indian banks and their ‘criminal’ forex fees
Revolut plans to onboard 20 million users in India by 2030 and process more than $7 billion in transactions.
You can’t libel the dead. But that doesn’t mean you should deepfake them.
“Please, just stop sending me AI videos of Dad,” the late Robin Williams’ daughter Zelda wrote on Instagram.
Mark Zuckerberg Isn’t the Only CEO With a High-Risk Hobby — This One Races Cars
Shopify CEO Tobias Lütke races cars for fun when he’s not working.
Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Trump’s Department of Energy wants to cancel billions more in awards that were granted by the Biden administration, and startups are in the crosshairs.
Wall Street analysts explain how AMD’s own stock will pay for OpenAI’s billions in chip purchases
AMD’s unusual deal to finance OpenAI’s chip purchases could grant the AI model maker up to $100 billion, analyst estimates.
One of America’s Oldest Seafood Chains Just Got a Menu Makeover — and It’s Betting Big on Chicken
The brand that once defined fried fish in America is turning its focus to chicken.
Google launches its AI vibe-coding app Opal in 15 more countries
The app, which lets you create mini web apps using text prompts, is now available in Canada, India, Japan, South Korea, Vietnam, Indonesia, Brazil, Singapore, Colombia, El Salvador, Costa Rica, Panamá, Honduras, Argentina and Pakistan.
How Otter.ai’s CEO is pushing the company to be more than just a meeting scribe
Otter is launching a suite of enterprise tools to help companies use its tech to create a central knowledge base.
The US is set to cancel funding for two major direct-air capture plants
The Department of Energy appears poised to terminate funding for a pair of large carbon sucking factories that were originally set to receive more than $1 billion in government grants, according to a department issued list of projects obtained by MIT Technology Review and circulating among federal agencies. The projects include the South Texas Direct…