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Monthly Archives: March 2024
Reddit’s I.P.O. Is a Content Moderation Success Story
The site’s journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.
Reddit Said to Price IPO at $34 a Share, in a Positive Sign for Tech
The social media company raised $748 million in the offering. Its shares begin trading on the New York Stock Exchange on Thursday.
US accuses Apple of monopolising smartphone market
In a landmark lawsuit, the justice department alleges the company used its power to limit competition.
Apple sued by DOJ over iPhone monopoly claims
The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices. Seventeen state attorneys general joined the federal department in the massive suit. “Consumers should not have to pay higher prices because companies violate … Continue reading
VCs double down on fintech Coast, which aims to be the Brex for ‘real-world’ industries
The expense management arena is a crowded one, with well-funded players such as Brex, Ramp and Navan all clamoring for market share. Those companies are generally focused on tech startups and large corporations. But a four-year-old contender, Coast, is pursuing … Continue reading
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EV charging for the U.S. freight trucking market is starting to scale
A big EV charging station for freight trucks is opening near Ports of Los Angeles and Long Beach, built by Einride and Voltera for clients including Maersk.
Elon Musk companies are gobbling up Nvidia hardware even as Tesla aims to build rival supercomputer
While Elon Musk says Tesla is trying to build an AI supercomputer, his companies are spending billions of dollars on Nvidia hardware.
DoorDash is bringing its drone delivery pilot to the U.S.
DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash … Continue reading
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DOT to investigate data security and privacy practices of top US airlines
The U.S. Department of Transportation announced its first industry-wide review of data security and privacy policies across the largest U.S. airlines. The DOT said in a press release Thursday that the review will examine whether U.S. airline giants are properly … Continue reading
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Pennsylvania iGaming revenue reaches record $184.9m in February
The state of Pennsylvania has raked in a record iGaming revenue for the month of February to the tune of $184.9m. The Keystone State did however map year-on-year declines in all the other markets involving staking in sports betting markets. … Continue reading