5 Books Every Entrepreneur Should Read Before Starting a Business
A selection of books that helped me found and scale a startup from a $10,000 line of credit to a billion-dollar business
The Download: Early adopters cash in on China’s OpenClaw craze, and US batteries slump
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. Hustlers are cashing in on China’s OpenClaw AI craze In January, Beijing-based software engineer Feng Qingyang started tinkering with OpenClaw, a new AI tool that can take over a device and autonomously complete tasks.…
Alameda had a $65B line of credit and ‘unlimited withdrawals’
Alameda’s “unlimited funds” came from FTX customers, the crytpo exchange’s co-founder says on the stand.
‘This Is a Serious Problem’: Mr. Beast Slams AI Deepfake Asking Fans to Donate Money to Win a New iPhone
The influencer’s likeness was used without his permission in a fake contest advertisement encouraging fans to donate $2 to win an iPhone 15.
Judge Dismisses Lawsuit Accusing Wendy’s and McDonald’s of Size Exaggeration in Ads
The judge wondered if the plaintiff had even seen the advertisements in question.
Hacked phone spyware shuts down… again
A short-lived spyware operation called Oospy, which emerged earlier this year after its predecessor Spyhide was hacked, is no longer operational and has shut down. Oospy appeared online in late July as a rebrand of a phone monitoring app called Spyhide, which was facilitating the surveillance of tens of thousands of Android device owners around […]
SEC to compel Elon Musk’s testimony in Twitter stock purchase probe
The U.S. Securities and Exchange Commission will try to force Elon Musk to testify over his Twitter stock purchases. The federal agency charged with regulating securities markets is currently investigating Musk for allegedly violating securities laws when he bought Twitter shares before buying the social media platform, which he has since renamed X. Buying Twitter […]
Stoke Space raises $100M Series B as it looks to reach orbit by 2025
Stoke Space is flying high. Fresh on the heels of a successful test of its reusable second stage, the four-year-old startup announced today that it closed $100 million in new funding led by Industrious Ventures. This newest round of funding included participation from the University of Michigan, Sparta Group, Long Journey, and other investors. Existing […]
Elon Musk’s Neuralink Seeks Volunteers. Is the Potential Help Worth It?
With the first round of human trials, regulatory challenges and ethical concerns are two important topics.
Protecting Sensitive Data with Virtual Data Rooms: The Future of Data Security
Virtual data rooms will, without a doubt, play a crucial part in determining the future of data protection as technology develops, enabling a safe and secure environment for organizations to prosper.
Lawsuit alleges discriminatory pay schemes at SpaceX
SpaceX is facing a class action lawsuit over allegations that the company pays women and minority employees less than their white and male colleagues. The lawsuit was filed on Tuesday in Los Angeles Superior Court by SpaceX engineer Ashley Foltz, who says she was hired at a salary of $92,000, even though men with similar […]