Live blog: The US Supreme Court hears oral arguments in TikTok's appeal against the divest-or-ban law (Wired)
Wired: Live blog: The US Supreme Court hears oral arguments in TikTok’s appeal against the divest-or-ban law — We’re tuning in live as the justices
Backpack Exchange, an exchange founded by former FTX and Alameda employees, acquires FTX EU and takes responsibility for distributing FTX bankruptcy claims (Adam James/The Block)
Adam James / The Block: Backpack Exchange, an exchange founded by former FTX and Alameda employees, acquires FTX EU and takes responsibility for distributing FTX
Inside the fall and last-minute revival of accounting startup Bench, which struggled with implementing automation tools and faced tumult in its executive suite (Charles Rollet/TechCrunch)
Charles Rollet / TechCrunch: Inside the fall and last-minute revival of accounting startup Bench, which struggled with implementing automation tools and faced tumult in its
OpenAI missed its goal to launch Media Manager, an opt-out tool for creators, by 2025; sources: the tool was rarely viewed as an important launch internally (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: OpenAI missed its goal to launch Media Manager, an opt-out tool for creators, by 2025; sources: the tool was rarely viewed
US politicians fully embraced influencers in 2024, blurring lines between punditry and journalism and paving the way for lawmakers to become creators themselves (Makena Kelly/Wired)
Makena Kelly / Wired: US politicians fully embraced influencers in 2024, blurring lines between punditry and journalism and paving the way for lawmakers to become
Source: Microsoft and OpenAI wrangle over Microsoft's stake in the for-profit, use of OpenAI's IP, continued collection of 20% of OpenAI's revenue, and more (The Information)
The Information: Source: Microsoft and OpenAI wrangle over Microsoft’s stake in the for-profit, use of OpenAI’s IP, continued collection of 20% of OpenAI’s revenue, and
Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin America, closing in Q2 2025 (Loni Prinsloo/Bloomberg)
Loni Prinsloo / Bloomberg: Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin
Italy's data regulator fines OpenAI €15M after its probe found that the startup processed users' personal data to train ChatGPT without an adequate legal basis (Reuters)
Reuters: Italy’s data regulator fines OpenAI €15M after its probe found that the startup processed users’ personal data to train ChatGPT without an adequate legal
UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a source said it values BVNK at ~$750M (Leo Schwartz/Fortune)
Leo Schwartz / Fortune: UK-based BVNK, a stablecoin infra startup with ~$40M in annualized revenue, raised a $50M Series B led by Haun Ventures; a
Justin Sun's BiT Global, which became a key stakeholder in the wBTC ecosystem, sues Coinbase for delisting wBTC and launching a competing product (Daniel Kuhn/The Block)
Daniel Kuhn / The Block: Justin Sun’s BiT Global, which became a key stakeholder in the wBTC ecosystem, sues Coinbase for delisting wBTC and launching
