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LemFi moves remittances further into Asia and Europe with $53M in new funding

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct...

2025-01-14 09:00 – Similar articles – read more

China is reportedly open to Elon Musk acquiring TikTok US

bloomberg

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly...

2025-01-14 03:00 – Similar articles – read more

As TikTok faces a US shutdown, here are some alternative apps to check out

TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our...

2025-01-14 01:00 – Similar articles – read more

Microsoft forms new internal dev-focused AI org

Microsoft has created a new engineering organization aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new...

2025-01-14 00:00 – Similar articles – read more

Robinhood agrees to pay $45M in SEC settlement

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s...

2025-01-14 00:00 – Similar articles – read more

OpenAI presents its preferred version of AI regulation in a new ‘blueprint’

OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris...

2025-01-13 22:00 – Similar articles – read more

The CIA’s first CTO, Nand Mulchandani, prepares for the Trump administration

In April 2022, the CIA decided to swipe right on Nand Mulchandani, appointing him as its first-ever chief technology officer. It was a good look for the CIA. Mulchandani, who previously served as the CTO and acting director of the Defense...

2025-01-13 22:00 – Similar articles – read more

‘Free Our Feeds’ campaign aims to billionaire-proof Bluesky’s tech

As Elon Musk and Mark Zuckerberg continue to reshape the social media space, a group of international tech entrepreneurs and advocates has launched a campaign to protect social media from the control and influence of billionaires. The initiative,...

2025-01-13 21:00 – Similar articles – read more

The first AI chip startup to go public in 2025 will be Blaize

2025-01-13 21:00 – Similar articles – read more

Top New York VC Ben Lerer says more mid-sized VC firms are heading for failure

leo

Ben Lerer, managing partner of one of New York’s most prestigious seed-stage venture firms, Lerer Hippeau, shared some predictions with Fortune’s Leo Schwartz. He believes venture firms will continue to see a bifurcation as money pours mostly...

2025-01-13 21:00 – Similar articles – read more

Prince Harry and Meghan Markle are slamming Meta over its fact-checking policy

free

Prince Harry and Meghan Markle have joined the ranks of those displeased with Meta’s changes to fact-checking and have released a statement saying that the changes “directly undermines free speech.” “Meta’s changes to its ‘Hateful...

2025-01-13 21:00 – Similar articles – read more

Mastodon announces transition to nonprofit structure

Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one...

2025-01-13 19:00 – Similar articles – read more

Raspberry AI raises $24M from a16z to accelerate fashion design

The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season, and fast-fashion companies like Shein, H&M, and Zara update their collections continuously. To keep pace with the rapid demand for new styles,...

2025-01-13 19:00 – Similar articles – read more

A new campaign aims to safeguard social media from billionaires using Bluesky’s underlying tech

As Elon Musk and Mark Zuckerberg continue to reshape the social media space, a group of international tech entrepreneurs and advocates has launched a campaign to protect social media from the control and influence of billionaires. The initiative,...

2025-01-13 19:00 – Similar articles – read more

Xiaohongshu, China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown

On the heels of TikTok’s looming shut down on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another Chinese app is catching some attention. American users are flocking to Chinese short-form video app...

2025-01-13 18:00 – Similar articles – read more

Biden admin snubs Tesla’s $100 million big-rig charging funding request — again

admin
big

The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric-vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big-rig charging...

2025-01-13 18:00 – Similar articles – read more

Biden administration proposes sweeping new restrictions on exporting AI chips

office

With a week left in office, President Joe Biden introduced a new set of guidelines and restrictions for exporting U.S.-made AI chips. On Monday the administration announced its Interim Final Rule on AI diffusion. This ruling is meant to “provide...

2025-01-13 18:00 – Similar articles – read more

Clearwater agrees to buy investment management platform Enfusion for $1.5B

analytics

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater,...

2025-01-13 18:00 – Similar articles – read more

A 24-year-old who exited his first company to Coinbase raises $3M for his next venture

next
utopia

At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount. Some founders don’t just have one company in them. On Monday, Yebesi announced the launch of his new...

2025-01-13 18:00 – Similar articles – read more

eBay acquires Caramel to reduce risk and complexity of online car sales

E-commerce giant eBay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction — including verification, financing, paperwork, ownership transfer, insurance, and more. As eBay...

2025-01-13 17:00 – Similar articles – read more