Coinbase eyes re-entry to India

Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter […]
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Getaround abruptly shuts down US car-sharing operations

Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is also closing. The company said […]
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Ex-Google boss fears AI could be used by terrorists

Eric Schmidt says AI technology could “harm innocent people” if it ends up in the wrong hands.

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US pharma giant Merck backs healthcare marketplace HD in Southeast Asia

Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024.   Now, a […]
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Elon Musk’s X Settles Trump Lawsuit

The social media site agreed to pay in the range of $10 million to settle with the president, who had sued over the suspension of his account in 2021.

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OpenAI Questions Rationale of Elon Musk’s Bid to Control the Company

The company answered the billionaire’s offer in a legal filing, accusing him of hypocrisy.

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Google Calendar Deletes Black History Month, Pride and Other Cultural Events

The Silicon Valley giant said it made the change last year because it was difficult to keep up with every occasion, but some users questioned the decision.

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Ulu Ventures sticks to its diversity strategy, raises $208M

While large corporations like Google and Meta curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told the Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at Google, […]
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Elon Musk’s X will pay Trump $10M to settle lawsuit over 2021 ban

Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the days when the company was still called Twitter and owned by Jack Dorsey, the Wall Street Journal reported citing unnamed sources. The lawsuit took issue with Twitter’s decision to ban Trump after January 6, when Trump’s supporters […]
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Google to test using AI to determine users’ ages

It comes as the company leans more heavily into AI and as it faces pressure from lawmakers.

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