Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […]
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If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views to a changing political landscape, in which they now are […]
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Lyft is suing the city of San Francisco, claiming the city unfairly charged the rideshare company over $100 million in taxes.
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Researchers at the University of Leeds recently demonstrated a framework for a quadruped robot with a design inspired by the bio-mechanics of four-legged animals. The versatile robot is able to navigate complex environments, maintain stability on uneven ground, and recover after a fall — all without the use of extra-perceptive sensors.
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There are many iPad apps to help you organize recipes; sync tasks across devices; be more productive; and manage your notes.
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When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs. […]
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Scientists at the Suzumori Endo Robotics lab in Tokyo have developed the Superman Suit: a suit powered by hydraulic artificial muscles that allows it to perform superhuman tasks. In this video, the suit demonstrates the ability to complete 15 rotations around a bar, making anyone into a great gymnast.
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ChatGPT, Sora, and OpenAI’s developer-facing API went down Thursday for an hour and counting. OpenAI says it started experiencing a major outage at 11 AM PT, and the services still appear to be down at the time of publishing this article, around 12:40 PM PT. Frequent users of ChatGPT may recall that the service went […]
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A Chinese lab has created what appears to be one of the most powerful “open” AI models to date. The model, DeepSeek V3, was developed by the AI firm DeepSeek, and was released on Wednesday under a permissive license that allows developers to download and modify it for most applications, including commercial ones. DeepSeek V3 […]
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Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
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Elon Musk’s jets took over 355 flights this year, with 31 of those flights heading to or from near Mar-a-Lago.
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Blaming victims, months of silence, and suing security researchers all featured in cybersecurity in 2024.
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Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its investor Janus Henderson, a 92% drop from its peak valuation of $5.6 billion. The British American global asset firm’s Global Research Fund values its holding of 12.9 million shares in PharmEasy at $766,043, according to its latest filing for […]
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Social network Bluesky said on Christmas day that it launched trending topics feature in beta. The trending topics are available on both desktop and mobile apps of the social network. On the desktop, you can see trending topics on the right sidebar, and on the mobile apps, you can tap on the search button to […]
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xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, AMD, and others participated. Kingdom Holdings, the Saudi conglomerate holding company, invested roughly $400 million […]
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