SEC says meme coins are not securities

February 28, 2025

The Securities and Exchange Commission issued guidance on Thursday saying it does not view most meme coins, which are crypto tokens that originated from memes, as securities under United States federal law. As a result, the SEC says it does not believe people who purchase or hold meme coins are protected by federal securities law, […]

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Meta is reportedly planning a standalone AI chatbot app

February 27, 2025

Meta reportedly plans to release a standalone app for its AI assistant, Meta AI, in a bid to better compete with AI-powered chatbots like OpenAI’s ChatGPT and Google’s Gemini. According to CNBC, Meta could launch a standalone Meta AI app as soon as the company’s next fiscal quarter (April-June). Meta AI is currently only available […]

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Snowflake grows startup accelerator with $200M in new capital

February 27, 2025

Snowflake plans to expand its startup accelerator with $200 million in additional commitments, the tech giant that specializes in cloud-based data storage said Thursday. The new injection of capital follows a string of activity by Snowflake over the past several months that illustrates that company’s growth ambitions. The Snowflake Startup Accelerator, formerly known as the […]

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An AI companion site is hosting sexually charged conversations with underage celebrity bots

February 27, 2025
Botify AI, a site for chatting with AI companions that’s backed by the venture capital firm Andreessen Horowitz, hosts bots resembling real actors that state their age as under 18, engage in sexually charged conversations, offer “hot photos,” and in some instances describe age-of-consent laws as “arbitrary” and “meant to be broken.” When MIT Technology…