Monthly Archives: April 2025

Figure AI sent cease-and-desist letters to secondary markets brokers

Last month, Brett Adcock, founder of a robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to … Continue reading

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Startups launch products to catch people using AI cheating app Cluely

AI cheating startup Cluely went viral last week with bold claims that its hidden in-browser window is “undetectable” and can be used to “cheat on everything” from job interviews to exams. But some startups are claiming they can catch Cluely’s … Continue reading

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Snapchat abandons plans for a simplified version of its app

As part of its Q1 2025 earnings release, Snap said it’s scrapping plans for a simplified version of its app. The news comes seven months after Snapchat began testing a redesigned version of the app without the Snap Map or … Continue reading

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Super Micro shares dive after server maker issues weak preliminary financials

Super Micro blamed lower-than-expected preliminary results on decisions from clients during the quarter.

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Snap plunges 15% on ‘headwinds’ to start quarter, inability to offer guidance

Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties.

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Freepik releases an ‘open’ AI image generator trained on licensed data

Freepik, the online graphic design platform, unveiled a new “open” AI image model on Tuesday that the company says was trained exclusively on commercially licensed, “safe-for-work” images. The model, called F Lite, contains around 10 billion parameters — parameters being … Continue reading

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Google Play sees 47% decline in apps since start of last year

Google Play’s app marketplace is losing apps. From the start of 2024 to present, the Android app marketplace went from hosting about 3.4 million apps worldwide to just around 1.8 million, according to a new analysis by app intelligence provider … Continue reading

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OpenAI rolls back update that made ChatGPT ‘too sycophant-y’

OpenAI CEO Sam Altman said Tuesday the company is “rolling back” the latest update to the default AI model powering ChatGPT, GPT-4o, after complaints about strange behavior, in particular extreme sycophancy. “[W]e started rolling back the latest update to GPT-4o last night,” … Continue reading

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Why Lennar is betting on a startup building backup batteries for Texas homes

Base Power is a Texas-based startup, backed by Lennar, that rents batteries to homeowners and then manages the power going into and out of the home.

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Troubled startup CaaStle is now facing two new lawsuits and more allegations

CaaStle, the embattled fashion startup whose board of directors accused its founder, Christine Hunsicke, of financial misconduct, is starting to face lawsuits from a partner and a supplier over missed payments and more allegations of fraud. As first reported by … Continue reading

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