Viral outrage over Apple’s EU payment warnings misses key fact

May 15, 2025
Apple says the warning messages now appearing next to EU App Store listings that use third-party payment systems are not actually new. According to a number of recent reports, Apple added a warning with a red exclamation mark next to apps that it found were not using its own “private and secure payment system.” The […]

Redpoint raises $650M 3 years after its last big early-stage fund

May 15, 2025
Redpoint Ventures, a San Francisco-based firm that is about a quarter of a century old, has raised a $650 million tenth early-stage, according to a regulatory filing. Redpoint’s new fund matches the size of its prior fund, which was raised just under three years ago. In a market where many venture firms are decreasing their […]

Redpoint raises $650M three years after its last big early-stage fund

May 15, 2025
Redpoint Ventures, a San Francisco-based firm that is about a quarter of a century old, has raised a $650 million tenth early-stage, according to a regulatory filing. Redpoint’s new fund matches the size of its prior fund, which was raised just under three years ago. In a market where many venture firms are decreasing their […]

Anthropic’s lawyer was forced to apologize after Claude hallucinated a legal citation

May 15, 2025
A lawyer representing Anthropic admitted to using an erroneous citation created by the company’s Claude AI chatbot in its ongoing legal battle with music publishers, according to a filing made in a Northern California court on Thursday. Claude hallucinated the citation with “an inaccurate title and inaccurate authors,” Anthropic says in the filing, first reported […]

Lucid’s record quarter got a lift from rental sales and company leases

May 15, 2025
Lucid Motors set a company record for deliveries in the first quarter of 2025, shipping 3,109 EVs to customers in North America, Europe, and Saudi Arabia. It appears that a new company car program and sales to rental fleets helped it get there.  According to a footnote in Lucid Motors’ latest regulatory filing, it sold […]