Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
The Download: AstroTurf wars and exponential AI growth
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. Is fake grass a bad idea? The AstroTurf wars are far from over. In 2001, Americans installed just over 7 million square meters of synthetic turf. By 2024, that number was 79 million square meters—enough to carpet all of Manhattan and then some. The…
Air Street becomes one of the largest solo VCs in Europe with $232M fund
London’s Air Street Capital has raised a large Fund III with eyes locked on backing early-stage European and North American AI companies.
Apple Maps may be about to get ads
Apple Maps may soon serve ads in top results when users search on terms like “restaurants.”
Someone has publicly leaked an exploit kit that can hack millions of iPhones
Leaked “DarkSword” exploits published to GitHub allow hackers and cybercriminals to target iPhone users running old versions of iOS with spyware, according to cybersecurity researchers.
Zipline snaps up another $200M to fuel its drone delivery expansion
The funding adds to a previous round, announced in January, that valued the drone startup at $7.6 billion.
Bernie Sanders’ AI ‘gotcha’ video flops, but the memes are great
Sen. Bernie Sanders thinks he’s tricked Claude into revealing the AI industry’s secrets, but he really just exposed how agreeable chatbots can become.
The Entrepreneur’s Strategic Guide to Buying a Business
Discover what it really takes to acquire a business and unlock its potential.
Russian authorities block paywall removal site Archive.today
A notice on the popular paywall-bypass website Archive.today said that access is blocked “by decision of [Russian] public authorities.”
Stick to Your Business Plan — Why Making Sacrifices Can Lead to Negative Consequences
Sometimes entrepreneurs are in such a race to grow that they veer too far from ‘ground zero’ in their business plan.
Reddit CEO Says He Plans to ‘Go Heavy’ Hiring Recent Grads. Here’s Why.
Reddit CEO Steve Huffman says Reddit will use AI to build more things instead of shrinking headcount.