January 2, 2025news Short seller Hindenburg shorts Carvana claiming the company’s turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation (Michael Wayland/CNBC) The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his […]
January 2, 2025news The T3 Financial Crime Unit says it has frozen $100M of USDT used by illicit actors since the unit was formed in September 2024 by Tron, TRM Labs, and Tether (Sam Reynolds/CoinDesk) The unit is a joint venture between Tron, TRM Labs and Tether. Read More »
January 2, 2025news Thomson Reuters acquires Michigan-based tax automation company SafeSend in an all-cash transaction valued at $600M (Paul Sawers/TechCrunch) Thomson Reuters has acquired tax automation company SafeSend in an all-cash transaction valued at $600 million. Read More »
January 2, 2025news Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the data with others (Jonathan Stempel/Reuters) Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the […]
January 2, 2025news Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the data with others (Jonathan Stempel/Reuters) Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the […]
January 2, 2025news While the crypto industry anticipates lighter regulation and wider adoption under Trump, some critics worry about systemic risks, particularly from stablecoins (Financial Times) The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risks Read More »
January 2, 2025news In 2024, warning calls about catastrophic AI risks were drowned out by the tech industry’s promotion of a practical and prosperous vision of generative AI (Maxwell Zeff/TechCrunch) For several years now, technologists have rung alarm bells about the potential for advanced AI systems to cause catastrophic damage to the […]
January 2, 2025news While the crypto industry anticipates lighter regulation and wider adoption under Trump, some critics worry about systemic risks, particularly from stablecoins (Financial Times) The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risks Read More »
January 1, 2025news The defense industry is poised for a deal surge as firms expand in AI, drones, and space systems; Bain: VC deal value in the sector has risen 18x in a decade (Sylvia Pfeifer/Financial Times) Large contractors expected to use growing cash piles to invest in high-growth areas Read More »
January 1, 2025news OpenAI missed its goal to launch Media Manager, an opt Back in May, OpenAI said it was developing a tool to let creators specify how they want their works to be included […]
