Tuesday, August 13, 2024

Thiel’s Gawker takedown could be coming to a theater near you

Ben Affleck and Matt Damon have acquired a screenplay called “Killing Gawker,” which presumably delves into billionaire VC Peter Thiel’s campaign to bury the media outfit for posting excerpts from a Hulk Hogan sex tape. The film is based on a book that details the 2016 court case in which Hogan won a $140 million […]

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Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific

The Asia Pacific region has long been an important market for wealth management firms with the plethora of developing economies and a burgeoning retail investment market. But there’s still a huge market to capture: About 40% to 45% of personal financial assets in the region are held in cash and deposits as of 2023, according […]

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She grew up a gearhead — now her startup has raised $4.3M to cut CO2 from trucking

The irony was not lost on her. Growing up the daughter of a family obsessed with car racing, Danielle Walsh had become — in her late 20s — the head of HSBC’s ‘Future Cities’ project, the global banking giant’s effort to serve clients’ climate change mandates. It was 2018, and she was reporting both into the […]

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Opera is releasing its redesigned browser on iOS

Opera is releasing its redesigned Opera One browser on iOS as a stable release after testing it in the beta phase for weeks. The new browser has a bottom placed search bar for easy browsing, quick search suggestions while typing, and Aria AI assistant integration. While the placed search bar will be the default option, […]

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Monday, August 12, 2024

The crypto founder who didn’t save Puerto Rico after all

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 doubles down on Southeast Asia with $72M second startup fund

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 X Spaces crashes

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 X Spaces crashes

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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Artists’ lawsuit against generative AI makers can go forward, judge says

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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a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash

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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