Bolt, ex-CEO Ryan Breslow subject of SEC probe
The SEC is reportedly investigating whether federal securities laws were violated in connection with statements made when Bolt was raising money in 2021.
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 […]
Foreign visitors to China can finally go cashless like locals
Great news for those traveling to China! You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of asking your local friends to pay and giving them paper money that they can’t spend anywhere. This week, China’s two dominant mobile payment solutions, WeChat […]
Threads in decline? Don’t count out Instagram’s new Twitter rival yet
A Wall Street Journal article on Friday warns that Instagram’s new Twitter competitor Threads is already losing steam. Citing third-party data from Sensor Tower, the paper reports the number of daily active users on Threads dropped for the second week down to 13 million, a 70% decline from a July 7 high point. By comparison, […]
TikTok Concerned Over Labor Rights Violations After Landmark Court Ruling Against Meta, Leaked Documents Suggest
The case against Meta brought on by moderators in Kenya could set a precedent for holding tech giants accountable for the treatment of outsourced workers.
Bippity Boppity Bob Iger: What You Need to Know About the Two-Peat Disney CEO Who Rules the Magic Kingdom
After a 15-year stint as Disney’s CEO, Iger left the role only to return two years later.
Congress probes Ford’s big battery deal with China’s CATL
In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese battery maker CATL. The probe centers on Ford’s efforts to put CATL’s battery cell technology to use at an upcoming, $3.5 billion battery cell plant […]
AOC will stream on Twitch again this weekend
Three years after her big streaming moment, Rep. Alexandria Ocasio-Cortez will make her return to Twitch. The lawmaker and cultural icon turned occasional Twitch personality announced on Twitter that she would be streaming again on Saturday, July 22 at 7:30PM (likely ET) on her channel. It’s official 👾👾👾 Make plans to stay in this Saturday […]
Investor opportunities abound at TechCrunch Disrupt 2023
Like Audrey II in “Little Shop of Horrors,” deal flow is an insatiable beast — but without the bloodshed. Investors need to keep their pipelines primed, and the best place to find early-stage startups with promising portfolio potential is, you guessed it, TechCrunch Disrupt 2023, taking place on September 19–21 in San Francisco. Investors, we’re […]
European insurtech is showing strength that venture data doesn’t fully detail
If you only tracked American insurtech companies that went public recently, you might think insurtech is in its flop era. Thankfully, that’s not true.
4 Reasons Business Leaders Struggle With Loneliness — and How They Can Overcome It
Being a business leader can often come with a profound sense of loneliness. Here’s why — and how they can overcome it by building stronger connections with employees and colleagues.