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Monthly Archives: August 2025
A.I. Has Ushered in Silicon Valley’s ‘Hard Tech’ Era
Goodbye to the age of consumer websites and mobile apps. Artificial intelligence has ushered in an era of what insiders in the nation’s innovation capital call “hard tech.”
How Tech Firms Like Google and Meta Are Embracing the Military
In a major shift, Google, OpenAI, Meta and venture capitalists — many of whom had once forsworn involvement in war — have embraced the military industrial complex.
The Rise of Silicon Valley’s Techno-Religion
The Rationalists, a community focused on the risks of artificial intelligence, regularly gather with tech figures and other like-minded people in a complex that covers much of a city block.
Swarming to San Francisco’s A.I. Boom: a New Crop of 20-Something CEOs
Some dropped out of M.I.T., Georgetown and Stanford. Others decided not to go to college. They all say they could not afford to wait to build their own artificial intelligence start-ups.
Joby Will Buy Blade’s Helicopter Taxi Business for $125 Million
Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter operator, for $125 million.
National Indian Gaming Commission reports record figure of $43.9B in revenue in 2024
The National Indian Gaming Commission (NIGC) has announced its latest statistics, showing that a record $43.9 billion was generated in gross gaming revenues in FY 2024. This is a record figure that reflects a $2.0 billion increase over FY 2023, … Continue reading
Joby Aviation to buy Blade Air Mobility’s ride-share business
Joby is buying the Blade brand and the company’s passenger business, which includes operations in the United States and Europe, for as much as $125 million.
Posted in Tech
Tagged TechCrunch
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Tesla asks shareholders to approve $29B comp package for Elon Musk amid ‘AI talent war’
The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk’s $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.
Posted in Tech
Tagged TechCrunch
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Judge rules against Kalshi in Maryland case
Kalshi suffered a damaging setback on Friday when a federal court in Maryland rejected its request for a preliminary injunction against the state’s enforcement of gambling laws against the prediction market platform. US District Judge Adam B. Abelson denied Kalshi’s … Continue reading
The Star Entertainment Group announces end of agreement with joint venture partners
The Star Entertainment Group announces that its discussions with joint venture partners Chow Tai Fook Enterprises and Far East Consortium International have been terminated. After being unable to reach an agreement on a number of ‘outstanding commercial issues,’ The Star … Continue reading