Kobo’s new e-readers are a sidegrade most can skip (with one exception)

June 2, 2024

Kobo put out a handful of new e-readers a few weeks back: color versions of the excellent Libra 2 and Clara, as well as an updated monochrome version of the latter. But after testing them all out, I can say that for most users, there’s no reason to switch. First, the color editions. I’ve been […]

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Fisker collapsed under the weight of its founder’s promises

June 1, 2024

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. Over the past eight years, famed vehicle designer Henrik Fisker suggested his EV startup would deliver on a lot of promises, but none came true. As Fisker looks for an […]

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WTF is AI?

June 1, 2024

What is AI? We’ve put together this non-technical guide to give anyone a fighting chance to understand how and why today’s AI works.

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President Biden vetoes crypto custody bill

June 1, 2024

President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the SEC’s Staff Accounting Bulletin 121, which presents rules around how banks can handle customers’ crypto assets — in effect, they must treat those assets as […]

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VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

June 1, 2024

VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest […]

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