| Paris Martineau / The Information: |
Source: US Senators Dick Durbin and Lindsey Graham plan to introduce a bipartisan bill with wide support that would make Section 230 expire on January 1, 2027 — In June 1995, two young congressmen reached across the aisle to introduce legislation that would become the defining legal protection … | Nikhilesh De / CoinDesk: |
The US Treasury's sanctions watchdog removes Tornado Cash from its global blacklist, after a federal appeals court ruled against the sanctions in November 2024 — The U.S. Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist Friday.| Sara Fischer / Axios: |
Yahoo strikes a deal to sell TechCrunch to media investment firm Regent, which acquired PCWorld publisher Foundry earlier this week — Yahoo on Friday said it has struck a deal to sell TechCrunch, the 20-year-old tech journalism site, to Regent, a media investment firm.| Kylie Robison / The Verge: |
Perplexity proposes to buy TikTok, says it wants to open source the algorithm and that it is “singularly positioned to rebuild” it “without creating a monopoly” — The AI search startup laid out its bid for buying, and rebuilding, TikTok.| Financial Times: |
Sources: KKR, Coatue, and other ByteDance investors are exploring buying out Chinese investors from TikTok US to assure Trump that it is free of Chinese control — General Atlantic, Susquehanna, KKR and Coatue discuss acquiring more stakes in viral app's US operations alongside Oracle| Bloomberg: |
Sources: Coinbase is in advanced talks to buy Deribit, the largest bitcoin and ether options trading platform, which was reportedly valued at $4B-$5B in January — The companies have notified regulators in Dubai about the discussions as Deribit holds a license there, which would be taken over by any acquirer, some of the people said.| The Cloudflare Blog: |
Cloudflare announces AI Labyrinth, which uses AI-generated content to confuse and waste the resources of AI Crawlers and bots that ignore “no crawl” directives — Today, we're excited to announce AI Labyrinth, a new mitigation approach that uses AI-generated content to slow down … | Gael Cooper / CNET: |
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option — Don't expect to pay for a taco in installments — a Klarna rep says the credit options can only be used on purchases of $35 and up.| Wired: |
Interviews with 50+ current and ex-staffers reveal Google's two-year race to catch up with OpenAI, including through layoffs and lowering some guardrails — The search giant should've been first to the chatbot revolution. It wasn't. So it punched back with late nights, layoffs—and lowering some guardrails.| Leo Schwartz / Fortune: |
Sources: Katie Haun is raising $1B across two new crypto-focused funds as her Haun Ventures is close to deploying most of the $1.5B raised in 2022 — Katie Haun is back on the fundraising circuit. The former federal prosecutor, who raked in $1.5 billion for her record-breaking debut venture funds in 2022 … | Dan Primack / Axios: |
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023 — Ticket resale marketplace StubHub on Friday filed for an IPO, saying that it plans to list shares on the New York Stock Exchange.| Bruna Horvath / NBC News: |
Lyft says it plans to roll out robotaxis in partnership with May Mobility in Atlanta, starting summer 2025 — Robotaxis using self-driving technology can already be found on the streets of at least four U.S. cities and even more abroad. — Lyft is about to enter the increasingly competitive world of robotaxis.| Alex Reisner / The Atlantic: |
A look at LibGen, one of the largest online pirate libraries, with 7.5M+ books and 81M+ research papers, allegedly used by Meta and OpenAI to train AI models — Meta pirated millions of books to train its AI. Search through them here. — When employees at meta started developing … | Aisha Malik / TechCrunch: |
Meta is testing a “Write with Meta AI” prompt on Instagram that gives users AI-generated suggestions to help write comments under other users' posts — In recent years, Meta has introduced many AI features and capabilities to its apps, even going so far as experimenting … | Ashley Capoot / CNBC: |
Micron Q2: revenue up 38% YoY to $8.05B, vs. $7.89B est., net income up 100% to $1.58B, data center revenue up 200%, and offers better-than-expected Q3 guidance — Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts' estimates … | Gary Rivlin / Bloomberg: |
A book excerpt from AI Valley details the 2024 mass defection of staff at Inflection AI, which seemed to be thriving but faced scaling challenges, to Microsoft — An excerpt from AI Valley tells the story of why the staff at Inflection AI, which seemed to be thriving, defected en masse to Microsoft in 2024.| Lorenzo Franceschi-Bicchierai / TechCrunch: |
Report: North Korea is launching Research Center 227, a cybersecurity research unit focused on AI-based hacking for stealing information and digital assets — The North Korean government is reportedly establishing a new hacking group within the intelligence agency Reconnaissance General Bureau (RGB).
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| Mary Ann Azevedo / TechCrunch: |
| Mary Ann Azevedo / TechCrunch: |
| Kara Fellows / CBS News: |
| Kif Leswing / CNBC: |
| Cheyenne Ligon / CoinDesk: |
| Kyle Wiggers / TechCrunch: |
| Kyle Wiggers / TechCrunch: |