Monthly Archives: February 2025

Crypto and Trump gang up on FDIC over debanking: ‘Our story is pretty ridiculous’

After years of struggles with the Biden administration, crypto executives have allies across Washington, and now have a platform to voice their complaints.

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Uber sues DoorDash, alleging anti-competitive tactics

Ride-share giant Uber filed a lawsuit Friday against DoorDash, accusing the delivery outfit of stifling competition by intimidating restaurant owners into exclusive deals. Uber alleges in the lawsuit, filed in Superior Court of California, that its chief rival bullied restaurants … Continue reading

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Trump Media reports $400 million in 2024 losses

Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.

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Court filings show Meta paused efforts to license books for AI training

New court filings in an AI copyright case against Meta add credence to earlier reports that the company “paused” discussions with book publishers on licensing deals to supply some of its generative AI models with training data. The filings are … Continue reading

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AI Alexa and AI Siri face bugs and delays

Amazon and Apple are struggling to put generative AI technology in their digital assistants — Alexa and Siri, respectively — according to a pair of reports that came out on Friday. Amazon hoped to release its new Alexa during an … Continue reading

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OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company

Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.

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Figure AI is in talks to raise $1.5B at 15x its last valuation

Robotics startup Figure AI is raising $1.5 billion at a $39.5 billion valuation, a whopping 15 times higher than before. © 2024 TechCrunch. All rights reserved. For personal use only.

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SailPoint’s dull debut did little to loosen the stuck IPO window, expert says

SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first day’s trading ended below the $23 initial price. The stock fared a tad better Friday, closing at over $24. … Continue reading

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OpenAI says its board of directors ‘unanimously’ rejects Elon Musk’s bid

OpenAI’s board of directors has “unanimously” rejected billionaire Elon Musk’s offer to buy the nonprofit that effectively governs OpenAI, the company said on Friday. In a statement shared via OpenAI’s press account on X, Bret Taylor, board chair, called Musk’s … Continue reading

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Bluesky gets growth and analytics tools with BlueSkyHunter launch

A new startup is addressing the need for an all-in-one toolset built for people who want to grow, manage, and track their Bluesky presence and following. The subscription service BlueSkyHunter, which launched Friday, introduces an online dashboard that combines access … Continue reading

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