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Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices (Connor Hart/Wall Street Journal)

Alibaba agrees to a $443.5M settlement in a US sha...

3 days ago 3

Analysis: X is on track to fall well short of its goal of $100M in 2024 political ad revenue, raising just $15M to date, mainly from GOP and Trump campaigns (Financial Times)

Analysis: X is on track to fall well short of its ...

3 days ago 4

The ramifications of a potential US crackdown against Tether, a noticeable player in the market for US debt, will extend beyond the digital asset industry (Bloomberg)

The ramifications of a potential US crackdown agai...

3 days ago 3

Estimated Vision Pro 2024 sales are only slightly less than the reported peak production capacity, implying sales are almost in line with Apple's expectations (John Gruber/Daring Fireball)

Estimated Vision Pro 2024 sales are only slightly ...

3 days ago 4

Chinese self-driving company WeRide's shares closed up 6.8% at $16.55, giving a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement (David Morris/Bloomberg)

Chinese self-driving company WeRide's shares close...

3 days ago 4

Engineers, developers, and researchers say OpenAI's transcription tool Whisper hallucinates chunks of text or even entire sentences, including racial commentary (Associated Press)

Engineers, developers, and researchers say OpenAI'...

3 days ago 3

Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move (Bloomberg)

Accel registers with the US SEC as an investment a...

3 days ago 2

Brain-computer interface company Science Corporation says its retinal implant, which has a 2mm chip, let some blind people read, play cards, and recognize faces (Emily Mullin/Wired)

Brain-computer interface company Science Corporati...

3 days ago 2

Nooks, whose AI tools can analyze sales calls and summarize customer interactions, raised a $43M Series B led by Kleiner Perkins at a $285M valuation (Rashi Shrivastava/Forbes)

Nooks, whose AI tools can analyze sales calls and ...

3 days ago 4

Delta sues CrowdStrike, saying the July 19 outage caused mass flight cancellations, disrupted travel plans of 1.3M customers, and cost the carrier over $500M (David Shepardson/Reuters)

Delta sues CrowdStrike, saying the July 19 outage ...

4 days ago 3

A US federal jury awards Apple $250, finding that Masimo's smartwatches infringed Apple Watch design patents; Apple sought statutory minimum damages (Christopher Yasiejko/Bloomberg Law)

A US federal jury awards Apple $250, finding that ...

4 days ago 3

The US Copyright Office denies a request from video game preservationists to let libraries, archives, and museums lend games via remote access for study (Sean Hollister/The Verge)

The US Copyright Office denies a request from vide...

4 days ago 3

Sources: Google is aiming to release its Gemini 2.0 model in December; the model isn't showing the performance gains the Demis Hassabis-led team had hoped for (Alex Heath/The Verge)

Sources: Google is aiming to release its Gemini 2....

4 days ago 3

Source: Perplexity CEO told staff in 2023 that it had acquisition offers from X, OpenAI, and Notion, in the $150M to $200M range; Microsoft was also interested (Kevin Mclaughlin/The Information)

Source: Perplexity CEO told staff in 2023 that it ...

4 days ago 4

A profile of Mike Solana, a Peter Thiel prot&eacut...

4 days ago 3

Sources: the Trump campaign was informed that Chinese hackers may have gained access to data from phones of Trump and JD Vance, via a hack of Verizon systems (New York Times)

Sources: the Trump campaign was informed that Chin...

4 days ago 3

Sources: federal prosecutors are investigating Tether for possible violations of sanctions and anti-money-laundering rules; US Treasury is considering sanctions (Wall Street Journal)

Sources: federal prosecutors are investigating Tet...

4 days ago 3

OpenAI says it doesn't have plans to release a model code-named Orion this year but plans "to release a lot of other great technology" (Kyle Wiggers/TechCrunch)

OpenAI says it doesn't have plans to release a mod...

4 days ago 3