US government takes down major North Korean ‘remote IT workers’ operation
The Department of Justice indicated a total of 13 people involved in the fraudulent scheme to steal and launder money for North Korea’s regime.
The Download: plastic’s problem with fuel prices, and SpaceX’s blockbuster IPO
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. Fuel prices are soaring. Plastic could be next. As the war in Iran continues, one of the most visible global economic ripple effects has been fossil-fuel prices. But looking ahead, further consequences could…
Tailor, a ‘headless’ ERP startup, raises $22M Series A
Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round. Investors include ANRI, JIC Venture Growth Investments (JIC VGI), New Enterprise Associates (NEA), Spiral Capital and Y Combinator. ERP systems typically come with a single interface that includes all the necessary functions, but this […]
Meta restructures its AI unit under ‘Superintelligence Labs’
Meta CEO Mark Zuckerberg is restructuring the company’s AI efforts to center around building AI “superintelligence.” Going forward, all teams working on AI at Meta will fall under a new group called Meta Superintelligence Labs, according to Bloomberg, which viewed an internal memo sent Monday. Alexandr Wang, the former CEO of data labeling startup Scale […]
Privacy-focused app maker Proton sues Apple over alleged anticompetive practices and fees
The suit is looking for changes to the App Store and monetary damages, which Proton says will be donated to organizations fighting for democracy.
Your Contracts Could Be Limiting Your Revenue Potential and Increasing Risk in Your Business. Here’s How to Take Control.
From managing risk to maximizing revenue, standardized sales contracts are a strategic tool that helps create efficiencies and collaboration between sales and legal departments.
Why Every Entrepreneur Must Prioritize Ethical AI — Now
AI offers powerful growth, but ethical leadership ensures long-term trust. Entrepreneurs must proactively embrace fairness, transparency and accountability.
Thousands of Lottery Players Were Mistakenly Told They Won Millions
A currency conversion error temporarily created a whole bunch of very rich Norwegians.
Congress might block state AI laws for five years. Here’s what it means.
A federal proposal that would ban states and local governments from regulating AI for 10 years could soon be signed into law, as Sen. Ted Cruz (R-TX) and other lawmakers work to secure its inclusion into a GOP megabill ahead of a key July 4 deadline. Here’s what’s at stake.
Warren Buffett Donates a Record $6 Billion to Various Foundations. Here’s How the Money Is Being Split Up.
Buffett made the donations in the form of over 12 million Berkshire Hathaway shares.
President Donald Trump Says a TikTok Deal Is Imminent. Here’s Who Could Buy the App.
Trump appears to have found his preferred TikTok buyer (or buyers) and says he’ll reveal who the “wealthy people” are in a couple of weeks.