| Marianne Lavelle / Inside Climate News: |
Sources: the Trump admin plans to end Energy Star, a voluntary program started in 1992 to promote energy savings, initially aimed at PCs, monitors, and printers — Despite having industry support and saving consumers half a trillion dollars over the decades, the program could be eliminated imminently.| Charles Daly / Bloomberg: |
Klarna, which said in 2024 that AI was doing the work of 700 customer service agents, starts hiring remote workers after the AI approach led to “lower quality” — To that end, Sebastian Siemiatkowski, 43, is plotting a rare recruitment drive so the buy-now-pay-later company's customers … | Lauren Kent / CNN: |
Pope Leo XIV says he chose his name to honor Pope Leo XIII's work during the first industrial revolution, as AI poses challenges in a new industrial revolution — Pope Leo XIV indicated on Saturday that his papacy will follow closely in the footsteps of the late Pope Francis … | FinSMEs: |
Thoma Bravo invests $100M+ in HubSync, a Tennessee-based tax and accounting automation and client experience platform for accounting firms and tax professionals — HubSync, a Franklin, TN-based provider of a tax and accounting platform, received an over $100M Growth investment from Thoma Bravo.| Financial Times: |
Lloyd's of London insurers launch a product to cover companies for losses caused by AI chatbot errors; the policies are developed by YC-backed startup Armilla — Policies will pay out for costs such as legal fees and court damages if AI tools underperform — Simply sign up to the Artificial … | Harsh Upadhyay / Entrackr: |
US SEC filing: Vanguard marks down Ola's valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India — Vanguard had valued the Bhavish Aggarwal-led company at less than $2 billion ($1.88 billion) for the first time.| Scott Macfarlane / CBS News: |
Sources: the Trump administration fires US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI — The Trump administration has fired the head of the U.S. Copyright Office, two sources familiar with the situation confirmed to CBS News Saturday.| Erin Brodwin / Axios: |
TSOLife, whose software is in use in 1,300 senior living facilities in 47 US states, raised a $43M Series B led by PeakSpan, bringing its total funding to $52M — TSOLife raised $43 million in Series B funds for home-grown senior living software, CEO David Sawyer tells Axios exclusively.| Mike Wheatley / SiliconANGLE: |
Amsterdam-based AppSignal, which develops an app monitoring tool that it says is used by 2,000+ organizations, raised a $22M Series A led by Elsewhere Partners — Application monitoring startup AppSignal B.V. said today it's looking to expand its market presence beyond Europe after closing … | Ben Bergman / Business Insider: |
Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D — - AI21 Labs is raising a $300 million Series D funding round to build its own LLMs. — It aims to reduce hallucinations in generative AI, which would enhance reliability for companies.| Cheyenne MacDonald / Engadget: |
The FTC pushes the enforcement of its “click-to-cancel” rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14 — The Federal Trade Commission has delayed the start of a rule that aims to make the process of canceling subscriptions less of a nightmare.| Chris Welch / The Verge: |
Q&A with Sonos interim CEO Tom Conrad on the disastrous app redesign, the Ace headphones, subscriptions, the canceled video player, Google, and more — The man who hopes to become Sonos' next permanent CEO talks about the app, the now-canceled video player, subscriptions, Google, and more.| Kyle Wiggers / TechCrunch: |
Ramp: 32.4% of US businesses using Ramp cards had OpenAI subscriptions in April, up from 28% in March; Google AI subscriptions fell to 0.1% in April — OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises' AI spend, according to transaction data from fintech firm Ramp.| Bloomberg: |
A look at Microsoft's Threat Intelligence Center, staffed largely by ex-intelligence and military personnel, which has become a key pillar of US cyber defense — Over the past decade, the software company has become a pillar of US cyber defenses — a position that could become more complicated under Trump.
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| Kyle Wiggers / TechCrunch: |
| Jessica Mathews / Fortune: |
| Natalie Lung / Bloomberg: |
| Zac Hall / 9to5Mac: |