In Puerto Rico, tax breaks enacted in 2012 aimed to juice the economy by encouraging mainland U.S. citizens to do business and live on the island, where they could apply to pay nothing in capital gains taxes. But the tech — and primarily crypto — entrepreneurs who showed up in droves to shield their wealth […]
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Antler, the Singapore VC that focuses on early-stage investments, just closed its second Southeast Asia fund. It’s raised $72 million to double down on startups in Singapore, Indonesia, Vietnam and Malaysia. This should be welcome news for startups. Like other regions, Southeast Asia has faced a persistent funding slump. Between January and July 2024, tech […]
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Elon Musk and Donald Trump’s joint X Spaces appears to have crashed Monday afternoon. The conversation between the owner of X and the former President was scheduled for 5 pm PT, but users received an error message when joining at that time. “This Space is not available,” said a message on X when trying to […]
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Elon Musk and Donald Trump’s joint X Spaces appears to have crashed Monday afternoon. The conversation between the owner of X and the former President was scheduled for 5 pm PT, but users received an error message when joining at that time. “This Space is not available,” said a message on X when trying to […]
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It racked up around 18,000 users, made 8,000 matches, and gathered a lot of insights on the current dating scene.
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Fram2 would launch into a polar orbit from Florida in late 2024, after which it will stay up at 425-450 kilometers of altitude for three to five days.
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A class action lawsuit filed by artists who allege that Stability, Runway, and DeviantArt illegally trained their AIs on copyrighted works can move forward, but only in part, the presiding judge decided on Monday. In a mixed ruling, several of the plaintiffs’ claims were dismissed while others survived, meaning the suit could end up at […]
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Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […]
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The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors […]
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Dawn Aerospace Mk-II is essentially "an aircraft with the performance of a rocket, not a rocket with wings."
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There’s a fascinating look by John Herrman over at NYMag today at one of the big proposed uses of AI: summarizing content. We all need things summarized, right? Everybody’s too busy and overloaded with information. At least that’s what every tech company doing AI seems to be settling on. The problem is the summaries that […]
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Waymo plans to start testing its fully autonomous vehicles with no human safety driver on freeways in the San Francisco Bay Area this week. Its employees will be the first guinea pigs. For those who didn’t already know, Waymo got the approval from California regulators to charge for autonomous rides on the freeway back in […]
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Google Pixel 8 devices made in India start rolling off the production lines just ahead of the Pixel 9 launch.
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If you’re looking to buy or sell a used Peloton bike, a startup called Trade My Spin could be the solution. In theory, you don’t need a whole separate marketplace to do this. And yes, you can definitely buy or sell a bike on Facebook or Craigslist already. But Trade My Spin’s CEO Ari Kimmelfeld […]
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Apple has threatened to remove crowdfunding app Patreon from the App Store if creators continue to use unsupported third-party billing options or disable transactions on iOS, instead of using Apple’s own in-app purchasing system. In a blog post and email to Patreon creators about upcoming changes to membership in the iOS app, the company says […]
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