Is Snap (SNAP) a September Internet Buy?
Social media company Snap (SNAP) is struggling to grow its revenue amid a weak advertising market. Moreover, the company remains unprofitable. However, with the company tapping into the potential of…
Anthropic and the Pentagon are reportedly arguing over Claude usage
The Pentagon is pushing AI companies to allow the U.S. military to use their technology for “all lawful purposes,” but Anthropic is pushing back, according to a new report in Axios. The government is reportedly making the same demand to OpenAI, Google, and xAI. An anonymous Trump administration official told Axios that one of those […]
SimpleClosure raises $1.5M in less than 24 hours to help companies shut down faster and cheaper
It’s easy to start a startup. But it’s far more difficult to shut one down. An estimated 90% of all startups fail, so there is no question that the problem is a widespread one. Yet the process to wind down a company is largely manual and bureaucratic. That’s something three-time founder Dori Yona realized when […]
Intuit launches generative AI–powered digital assistant for small businesses and consumers
Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI–powered solution: a digital assistant to assist small businesses and consumers. Called Intuit Assist, the digital assistant is embedded across Intuit’s platform and products, namely TurboTax, Credit Karma, QuickBooks and Mailchimp, with a standard user interface to offer personalized recommendations using […]
Firstcard raises seed funding to help college students build better credit
Kenji Niwa, an immigrant entrepreneur, experienced the challenges of getting financial products, including a credit card, without a credit history when he moved to the U.S. in 2017 to get his MBA at UC Berkeley. Niwa realized that the issue is not just for international students who undergo financial stress in the U.S. — local […]
X launches Community Notes for videos
Social network X, formerly known as Twitter, has introduced Community Notes for videos. Community Notes is an existing program for crowdsourced moderation. The Elon Musk-owned platform announced that notes by contributors attached to a video will show up in all posts with that video. “Notes written on videos will automatically show on other posts containing […]
The 7 Stages of Financial Independence
There are lots of reasons why people want financial independence. Some of the most common are: Escape the rat race. It’s getting harder and harder to make ends meet working…
Are Stocks Ready to Make New Highs?
The recent sell off is over for the stock market…but are stocks really ready to make new highs above 4,600 for the S&P 500 (SPY)? 43 year investment veteran Steve…
MetaMask now allows crypto cash-out to PayPal and banks, but fees could be high
MetaMask, the world’s biggest self-custodial hot (internet-connected) wallet with over 22 million users, has added the option for users to convert cryptocurrencies into fiats like USD, as a growing list of web3 players strive to make digital assets usable in the real world. Wallets that allow users to have full control over their digital assets, […]
Chinese AI chatbots want to be your emotional support
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Chinese ChatGPT-like bots are having a moment right now. As I reported last week, Baidu became the first Chinese tech company to roll out its large language model—called Ernie Bot—to the…
Arduino nabs $22 million in fresh funding to support expansion into enterprise
Odds are if you know the name Arduino, it’s through its connection to the DIY community. Much like Raspberry Pi, the company built its reputation creating microcontrollers for hobbyists. But the last few years have seen it expanding that horizon. Last year’s Arduino Pro announcement was aimed at enterprise applications. The initial concept offered an […]