Inside the world's largest crypto casino Stake, which claims ~4% of all BTC transactions, with popularity boosted by celebs like Drake and influencers on Kick
Drake just needed some juice. In 82 minutes of online slots play, the Canadian rapper's starting balance of $3.5 million worth of Bitcoin had dwindled to $422,355.
A viral Chinese app called “Are You Dead?” that asks users living alone to “check in” with a button press becomes the top paid app in Apple's App Store in China
A viral Chinese app called “Are You Dead?” that asks users living alone to “check in” with a button press becomes the top paid app in Apple's App Store in China
Popularity among Chinese Apple users highlights concerns created by rapidly changing demographics
A viral Reddit post by a purported developer alleging that a “major food delivery app” exploits drivers appears AI-generated; Uber and DoorDash deny the claims
A look at iRobot, founded in 1990, and its slow collapse after US and EU regulatory pressure killed Amazon's $1.7B deal in 2024 amid growing Chinese competition
There's something painfully American about the arc of iRobot, the company that taught your vacuum to navigate around the furniture.
iRobot files for Chapter 11 bankruptcy and reaches a restructuring agreement to hand over control to its secured lender and main Chinese supplier Shenzhen Picea
iRobot Corp., the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model …
A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028
The Dutch company's machines are needed to make the AI chips that power ChatGPT and other models — When Christophe Fouquet interviewed … X: @oliviasolon and @business LinkedIn: S...
Nvidia and OpenAI's wave of circular deals escalates concerns that they're artificially propping up the $1T+ AI market that is tied to every part of the economy
A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.
German investigators conduct raids in relation to Northern Data, which is majority-owned by Tether and has been pivoting from crypto mining to AI computing
German investigators have carried out raids in relation to Northern Data AG, the Frankfurt-listed technology firm backed … X: @oliviasolon X: Olivia Solon / @oliviasolon : BREAKING...
London-based “neocloud” startup Nscale raised a $1.1B Series B led by Aker, with Nvidia participating; Aker says it is investing $285M for a 9.3% stake
‘Largest Series B in European History’ Tim Bradshaw / Financial Times : Nvidia-backed Nscale raises $1.1bn in investor frenzy over AI infrastructure Reuters : Nscale raises $1.1 bi...
London-based “neocloud” startup Nscale raised a $1.1B Series B led by Aker, with Nvidia participating; Aker says it is investing $285M for a 9.3% stake
‘Largest Series B in European History’ Tim Bradshaw / Financial Times : Nvidia-backed Nscale raises $1.1bn in investor frenzy over AI infrastructure Reuters : Nscale raises $1.1 bi...
An interview with eFishery CEO Gibran Huzaifah and 20+ sources detail how Gibran's “fake-it-till-you-make-it” deceptions spiraled, losing investors $300M+
Agritech venture eFishery was one of Asia's brightest startups with money from the likes of SoftBank and Temasek.
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent
It followed a Muddy Waters report released on Thursday that alleged that AppLovin was misappropriating data and violating some of its platform partners' terms of service …
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024.
Mark Zuckerberg says he wants to make Facebook “way more culturally influential than it is today” and he is focused on returning to “OG Facebook” in 2025
Yesterday Meta reported its quarterly earnings, and amid sharing updates on Threads, Instagram, and yes …
A profile of French health insurer Alan's CEO, Jean-Charles Samuelian-Werve, a Mistral board member who takes credit for bringing in most of Mistral's backers
Arthur Mensch is the public face of French AI champion Mistral, but another startup's CEO has been critical to its $6 billion valuation
How wartime GPS jamming has negatively impacted agriculture in Israel; in 2021, ~70% of Israeli farmers used GPS-guided equipment and precision-farming tech
Marissa Newman / Bloomberg : X: @oliviasolon . LinkedIn: Dror Meiri X: Olivia Solon / @oliviasolon : Super interesting story about how wartime GPS jamming has affected farmers who...
Researchers: Meta let 25 Facebook Pages run 4,100+ ads attacking Romania's pro-EU candidate and promoting far-right figures, with 199M+ views since August 2024
- Political ads promoted far-right figures including Georgescu — Network of Facebook pages shared similar, polarizing messaging
Sauron, which is touting a waiting list of tech CEOs and VCs for its home security system that incorporates drones and facial recognition, raised a $18M seed
By incorporating drones, facial recognition and high-tech sensors, Sauron aims to super-charge home security … Bluesky: @stephencsmith , @willoremus.com , @siracusa.mastodon … , @t...
Sources and docs: troubled IT firm Atos is largely responsible for issues delaying the rollout of the EU's automated biometric Entry/Exit border system to 2025
www.bloomberg.com/news/article... Iain Martin / @iainmartin : “the documents show how Atos effectively slowed work by only partially installing [the EU's new smart border] equipmen...