The Trump administration has ordered US diplomats to lobby against efforts by countries to regulate the way US tech companies handle the data of foreigners, arguing that data sovereignty laws jeopardize the progress of AI services and technology. Reuters reportedCiting an internal diplomatic cable. According to the report, the cable, signed by US Secretary of…
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B led by Jane Street and Situational Awareness, an investment fund formed by former OpenAI researcher Leopold Ashenbrenner. The company aims to make its processors 10 times better at training LLMs and delivering results compared to Nvidia’s GPUs….
Consumers probably think of Uber as a ride-hailing and food delivery company. But in the eyes of CEO Dara Khosrowshahi, Uber actually has a massive code base with engineers who are “virtually the creators of the company.” In fact, Uber engineers have gone as far as replacing Khosrowshahi with a chatbot that will ask him…
Stripe is considering a deal to buy some or all of PayPal’s holdings, Sources told BloombergHowever, the talks are still in the initial stages and a deal may not be reached. News comes the same day Stripe Released its annual letter, Giving updates on business. The big news was that Stripe making a tender offer…
Automotive marketplace CarGurus was the target of a data breach in which the names, email addresses, phone numbers and physical addresses of millions of customers were stolen. Data notification site provider Have I Been Pwned is reported by security researcher Troy Hunt. 12.5 million Karguru accounts Compromised in a data breach. CarGurus, founded in 2006,…
instagram is Expansion of Its instagram for tv app to Google TV devices in the US, two months after its debut on Amazon Fire TV in December. The app was first launched as a way to expand Reels-viewing beyond mobile, and now users can browse posts from their Instagram feed directly on their TVs, too….
Another year, another Stripe tender offer where investors buy shares from employees who value the company on a big step. On Tuesday, Stripe announced This latest secondary transaction now values the company at $159 billion. Investors who bought shares include Thrive Capital, Coatue, Andreessen Horowitz and Stripe. In February 2025, Stripe announces its last tender…
Tesla has filed a lawsuit against the California Department of Motor Vehicles in an attempt to overturn the agency’s decision. The state DMV ruled that Tesla used deceptive marketing to enhance the self-driving capabilities of its vehicles, thereby violating state law. The lawsuit reignites an issue that appeared to be resolved last week when the…
According to the report, Defense Secretary Pete Hegseth is calling Anthropic CEO Dario Amodei at the Pentagon on Tuesday morning to discuss the military use of Cloud. axios. The meeting comes as the Pentagon “threatened to declare” Anthropicsupply chain risk” – a label typically reserved for foreign adversaries – after the AI firm refused to…
Apple has Tech press invited on March 4 for a “special Apple experience,” but it may unfold a little differently than the company’s standard press event. Bloomberg’s Mark Gurman reports that instead of announcing everything in a single keynote speech, Apple is planning a “three-day flurry of announcements” – possibly announced online, and will conclude…
