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Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more (Dan Primack/Axios)
2025-04-25 21:57 - https://www.techmeme.com/feed.xml
 
The US SEC Chairman says the agency has ample authority to oversee digital assets as Congress debates if SEC or the CFTC should be the primary crypto regulator (Lydia Beyoud/Bloomberg)
2025-04-25 19:57 - https://www.techmeme.com/feed.xml
 
Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year ago (The Information)
2025-04-25 19:57 - https://www.techmeme.com/feed.xml
 
Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B (Financial Times)
2025-04-25 18:57 - https://www.techmeme.com/feed.xml
 
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East (Bloomberg)
2025-04-25 18:57 - https://www.techmeme.com/feed.xml
 
Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt "irreplaceable" goods (Washington Post)
2025-04-25 18:57 - https://www.techmeme.com/feed.xml
 
Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M (Newcomer)
2025-04-25 17:56 - https://www.techmeme.com/feed.xml
 
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search (Tom Warren/The Verge)
2025-04-25 17:56 - https://www.techmeme.com/feed.xml
 
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves (John Revill/Reuters)
2025-04-25 16:55 - https://www.techmeme.com/feed.xml
 
CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far (Mary Ann Azevedo/TechCrunch)
2025-04-25 15:55 - https://www.techmeme.com/feed.xml
 
Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs (CNN)
2025-04-25 14:55 - https://www.techmeme.com/feed.xml
 
Sources: the US pushed back against EU's AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act (Bloomberg)
2025-04-25 14:55 - https://www.techmeme.com/feed.xml
 
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 (Carmen Arroyo/Bloomberg)
2025-04-25 13:54 - https://www.techmeme.com/feed.xml
 
Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation (Leo Schwartz/Fortune)
2025-04-25 13:54 - https://www.techmeme.com/feed.xml
 
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal (Bloomberg)
2025-04-25 12:54 - https://www.techmeme.com/feed.xml
 
Brazil's AI-based social security app, launched in 2018, has cut bureaucracy in some cases but wrongly rejected hundreds of vulnerable people over minor errors (Gabriel Daros/Rest of World)
2025-04-25 09:54 - https://www.techmeme.com/feed.xml
 
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is "shrinking" and claims its model had a higher propensity for "hallucinations" (Eleanor Olcott/Financial Times)
2025-04-25 11:54 - https://www.techmeme.com/feed.xml
 
Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network (Michael Peel/Financial Times)
2025-04-25 10:54 - https://www.techmeme.com/feed.xml
 
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today (Kyle Wiggers/TechCrunch)
2025-04-25 06:53 - https://www.techmeme.com/feed.xml
 
Three European scientific funding agencies have put research programs with China on hold since 2021 due to concerns over the country's Data Security Law (Andrew Silver/Reuters)
2025-04-25 08:54 - https://www.techmeme.com/feed.xml
 
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