SoftBank, Ark in talks to join Tether major funding round: Report
Tether is seeking between $15 billion and $20 billion for about a 3% stake through a private placement, Bloomberg News had reported on Tuesday.
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Anthropic to triple international workforce as AI models drive growth outside US
Nearly 80% of consumer usage for Claude comes from outside the United States, with per-person usage in countries like South Korea, Australia and Singapore outpacing that of America, the company said.
Amazon loses VP helping lead development of artificial general intelligence
Ramakrishnan worked on the first iteration of Amazon’s Alexa voice assistant and the associated Echo devices. He began his career at Netscape before moving to Tellme Networks, which was acquired by Microsoft, according to his LinkedIn profile.
The Download: shoplifter-chasing drones, and Trump’s TikTok deal
Shoplifters in the US could soon be chased down by drones The news: Flock Safety, whose drones were once reserved for police departments, is now offering them for private-sector security, the company has announced. Potential customers include businesses trying to…
Shoplifters could soon be chased down by drones
Flock Safety, whose drones were once reserved for police departments, is now offering them for private-sector security, the company announced today, with potential customers including including businesses intent on curbing shoplifting. Companies in the US can now place Flock’s drone…
Govt proposes tweaks to foreign investment rules for exports in possible win for Amazon
India is considering easing foreign investment rules to let ecommerce firms like Amazon buy directly from Indian sellers for exports. The draft DGFT proposal introduces a third-party export entity to handle compliance. The move, amid trade deal talks with the…
Google, Flo Health to pay $56 million in period-tracking app privacy case
Google and Flo Health agreed to a $56 million settlement over allegations they shared sensitive menstrual and pregnancy data from Flo app users for targeted ads, violating privacy promises. Google will pay $48 million, Flo $8 million.
Accenture beats revenue estimates, plans $865 million restructuring amid AI shift
Accenture expects about $250 million in charges in the November quarter, on top of $615 million recorded in the fourth quarter, for a total of $865 million. The restructuring program highlights the broader trend of companies adapting their workforce and…
Meta set to face EU finding it failed to police illegal posts
The European Commission is preparing to issue preliminary findings saying that Meta’s Facebook and Instagram lack an adequate “notice and action mechanism” that would let users flag illegal posts for removal, according to two people familiar with the plans, who…
Microsoft disables services to Israel defense unit after review
Microsoft disabled certain cloud and AI services used by Israel’s Ministry of Defense after finding preliminary evidence of their role in surveillance in Gaza and the West Bank.