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Author Archives: Techme101
Crypto industry gets quick return on Trump investment after pouring millions into campaign
Trump’s first week in office included executive orders, rule changes and pardons that pleased the crypto industry.
Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up
The singer generated millions in prop bets for the Kansas City Chiefs just by showing up to watch her boyfriend play. Now that she’s busy, gamblers are losing interest.
How Chinese AI Startup DeepSeek Made a Model that Rivals OpenAI
When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.
Wall Street banks plan sale of X debt at a discount
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at … Continue reading
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Retro Biosciences, backed by Sam Altman, is raising $1 billion to extend human lifespan
Sam Altman-backed Retro Biosciences is raising $1 billion to develop drugs that extend human lifespan by 10 years, the FT reports. © 2024 TechCrunch. All rights reserved. For personal use only.
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UnitedHealth confirms 190 million Americans affected by Change Healthcare data breach
The number of individuals confirmed to be affected by the data breach is almost double the company’s previous estimate. © 2024 TechCrunch. All rights reserved. For personal use only.
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Alphabet shares close above $200 for first time on split-adjusted basis
Investors are growing more bullish on Alphabet as the company speeds up its AI development.
AI companies upped their federal lobbying spend in 2024 amid regulatory uncertainty
Companies spent significantly more lobbying AI issues at the U.S. federal level last year compared to 2023 amid regulatory uncertainty. According to data compiled by OpenSecrets, 648 companies spent on AI lobbying in 2024 versus 458 in 2023, representing a … Continue reading
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Meta to begin testing ads on Threads, its micro-blogging app
Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday.
TikTok Ban and Trump Executive Order Lead to Tech Company Dilemma
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.