Tech
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Coinbase says it has donated another $25M to the pro-crypto Fairshake SuperPAC; Fairshake has raised ~$161M for 2024's US election from a16z, Ripple, and others (Jesse Hamilton/CoinDesk)
Jesse Hamilton / CoinDesk: Coinbase says it has donated another $25M to the pro-crypto Fairshake SuperPAC; Fairshake has raised ~$161M for 2024’s US election from a16z, Ripple, and others — Coinbase followed Ripple and a16z in each giving a new $25 million to their political action committee, Fairshake … Source link
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Dating apps are trying to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid subs fell under 10M in Q1 (Stephanie Stacey/Financial Times)
Stephanie Stacey / Financial Times: Dating apps are trying to woo Gen Z women by boosting moderation tools and more; Tinder has consistently lost MAUs since 2021 and paid subs fell under 10M in Q1 — Gen Z is a priority for Tinder and Bumble but threats and unsolicited material from potential suitors often turn users off Source link
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Limitless launches the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August (David Pierce/The Verge)
David Pierce / The Verge: Limitless launches the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August — The Limitless Pendant doesn’t exactly scream “AI.” As Dan Siroker, the CEO of the company behind the new device … Source link
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Filing: Tesla settles a lawsuit over Apple engineer Walter Huang's 2018 fatal Autopilot crash a day before the trial was set to begin; details are not disclosed (Trisha Thadani/Washington Post)
Trisha Thadani / Washington Post: Filing: Tesla settles a lawsuit over Apple engineer Walter Huang’s 2018 fatal Autopilot crash a day before the trial was set to begin; details are not disclosed — The settlement amount was not disclosed, court documents say. — SAN FRANCISCO — Tesla settled a long-running lawsuit … Source link
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Cloud data management startup Rubrik files for a NYSE IPO under the symbol RBRK, discloses a net loss of $354M on revenue of $628M for the year ended January 31 (Bloomberg)
Bloomberg: Cloud data management startup Rubrik files for a NYSE IPO under the symbol RBRK, discloses a net loss of $354M on revenue of $628M for the year ended January 31 — – Data security provider says subscription ARR grew by 47% — Rubrik’s filing follows trading debuts by Reddit, Astera Labs Source link
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Reddit stock closes up 30% at $59.80, after the company went public at $34 last week, as the debut of options trading tied to Reddit appears to fuel the rise (Saqib Iqbal Ahmed/Reuters)
Saqib Iqbal Ahmed / Reuters: Reddit stock closes up 30% at $59.80, after the company went public at $34 last week, as the debut of options trading tied to Reddit appears to fuel the rise — The launch of options on Reddit (RDDT.N) on Monday drew a flurry of bullish bets that some analysts said helped boost … Source link
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Nvidia announces Nvidia NIM, a set of microservices designed to streamline the deployment of custom and pre-trained AI models into production environments (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch: Nvidia announces Nvidia NIM, a set of microservices designed to streamline the deployment of custom and pre-trained AI models into production environments — At its GTC conference, Nvidia today announced Nvidia NIM, a new software platform designed to streamline the deployment of custom … Source link
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Covariant, an AI-powered robot maker, debuts RFM-1, an AI model the company says can process physics, may limit the need for bespoke robotics programming, more (Brian Heater/TechCrunch)
Brian Heater / TechCrunch: Covariant, an AI-powered robot maker, debuts RFM-1, an AI model the company says can process physics, may limit the need for bespoke robotics programming, more — The UC Berkeley spinout says its new AI platform can help robots think more like people — Covariant this week announced … Source link
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Twitter's former CEO, CFO, legal chief, and general counsel sue Elon Musk over $128M+ in unpaid severance and Musk's claim that he had cause to fire them (Alexa Corse/Wall Street Journal)
Alexa Corse / Wall Street Journal: Twitter’s former CEO, CFO, legal chief, and general counsel sue Elon Musk over $128M+ in unpaid severance and Musk’s claim that he had cause to fire them — Former CEO, CFO, legal chief, and general counsel dispute Musk’s claim he had cause to fire them — Four former top Twitter executives … Source link
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Zoom reports Q4 revenue of $1.15B, up 2.6% YoY, vs. $1.13B est., Enterprise revenue of $667M, up 4.9% YoY, and announces a $1.5B stock buyback; ZM jumps 10%+ (Brody Ford/Bloomberg)
Brody Ford / Bloomberg: Zoom reports Q4 revenue of $1.15B, up 2.6% YoY, vs. $1.13B est., Enterprise revenue of $667M, up 4.9% YoY, and announces a $1.5B stock buyback; ZM jumps 10%+ — The company also announced a $1.5 billion share buyback. The stock jumped more than 10% in extended trading. Source link
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