Bitcoin network hits record level of power, but falling profits push miners to AI

Bitcoin mining is becoming a more difficult business as the network gains strength.

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AI Has Helped Shein Become Fast Fashion’s Biggest Polluter

The company nearly doubled its emissions in 2023, making it the worst actor in a notoriously unsustainable industry.

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This is how bad China’s startup scene looks now

In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.”  Soon after, it all imploded. Worse, as the FT notes in a new piece, between […]
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Brazil supreme court unfreezes assets of Elon Musk’s Starlink, X after taking fines

Brazil’s supreme court announced that it ordered funds be moved from Starlink and X bank accounts to pay for fines levied against Elon Musk’s social network.

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Fei-Fei Li’s World Labs comes out of stealth with $230M in funding

Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported in […]
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MicroStrategy stock pops 8% after company ups bitcoin holdings to $14.6 billion

MicroStrategy founder Michael Saylor said on Friday that his company purchased an additional $1.1 billion worth of bitcoin.

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Pipedrive vs Zoho (2024): Which Is Better?

Compare Pipedrive and Zoho and find out which CRM software is better for your business. Explore their features, pricing, and performance to make an informed decision.

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Fintech Bolt is buying out the investor suing over Ryan Breslow’s $30M loan

Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out the investor’s stake “after which Activant will no longer hold any interest in Bolt,” the company said in a statement. Activant’s suit accused founder and then CEO Ryan Breslow of adding […]
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Salesforce Reveals AI Agents for Customer Service

CEO Marc Benioff said he doesn’t want “bolt-on” AI, but Agentforce does connect to many other Salesforce services.

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6 Best Retail Accounting Software for 2024

The accounting software you chose for your retail brand can heavily impact your growth. This article will help you find the best solution at the right price point for your business needs.

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