Stripe’s valuation soars 74% to $159 billion
Stripe has conducted another tender offer, where employees sell shares. Investors include Thrive Capital, Coatue, a16z, and Stripe itself
The Download: a Nobel winner on AI, and the case for fixing everything
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. Three things in AI to watch, according to a Nobel-winning economist A few months before he won the Nobel Prize in economics in 2024, Daron Acemoglu published a paper that earned…
The Low-Stress Business Model That Scales Quickly and Doesn’t Require You to Create Anything New
Here are five practical ways entrepreneurs earn income by curating existing content rather than creating it.
Ron Perlman is Opening the Doors to Hollywood’s $1 Trillion Cash Cow
Investors can now join the award-winning creators in powering a new model for film and TV.
YouTube beefs up its $7.99/month Lite subscription with offline downloads and background play
Now the only reason to get the full Premium subscription is ad-free music and music videos.
Music generator ProducerAI joins Google Labs
Wyclef Jean used Google’s AI music tools on his new song “Back in Abu Dhabi.”
Marquis sues firewall provider SonicWall, alleges security failings with its firewall backup led to ransomware attack
Fintech giant Marquis is suing its firewall provider SonicWall, claiming that an earlier breach with SonicWall allowed hackers to deploy ransomware on Marquis’ network.
The Dow Dropped 800 Points. Was a Viral Doomsday AI Report to Blame?
A 7,000-word hypothetical scenario from Citrini Research about AI disrupting white-collar jobs went viral, causing stocks named in the report to tank.
A 3D-Printing Breakthrough Just Brought Us Closer to Printing a Car: ‘A Great Feat’
The 3D-printed motor matched or outperformed comparable motors made with conventional manufacturing — and only cost 50 cents in materials.
Uber Is Buying a Parking App for Those Times You Don’t Want to Uber
The ride-hailing giant is acquiring SpotHero, which offers parking at 13,000 garages and lots across 400 cities.
Ukraine’s startups keep building
In the four years since Russia’s full-scale invasion of their country, Ukrainian startups have done more than survive: they are still building and growing.