Indonesia’s enforcement of social media restrictions for under-16s has been patchy, with tech companies ignoring the rules and youth still accessing platforms (Marcel Thee/Nikkei Asia)
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Lime's shares closed up 4% in its Nasdaq debut on Wednesday, valuing the company at ~$1.7B, after Lime and existing stockholders raised ~$174M in its US IPO (Reuters)
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Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech (Marton Eder/Bloomberg)
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Patronus AI, which builds simulated digital environments for evaluating AI agents, raised a $50M Series B led by Greenfield, bringing its total funding to $70M (Marina Temkin/TechCrunch)
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President Trump signs two executive orders aimed at speeding the development of advanced quantum computers and mitigating the security threats they present (Amrith Ramkumar/Wall Street Journal)
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DOJ says two brothers pleaded guilty to robbing a Minnesota family of $8M+ in cryptocurrency after holding them at gunpoint for over eight hours in 2025 (Naga Avan-Nomayo/The Block)
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Sources: PayPal to shutter its 10-year-old PayPal Ventures arm amid a broader shakeup under a new CEO and has hired Jefferies to explore selling some positions (Ben Weiss/Fortune)
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Source: the White House is unlikely to extend export restrictions to other AI companies (Leo Schwartz/The Information)
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Chinese companies are implementing “quiet” AI-driven layoffs to avoid labor laws that require government approval for job cuts exceeding 10% of a workforce (Laurie Chen/Reuters)
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As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients (Bloomberg)
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