Ex-Pinterest Team Redesigns Email with Extra — It’s Actually Better
When was the last time you got really excited about email? If you’re older, it was probably in 2004, when Gmail was rolling out its first beta invitations. If you’re young, probably never. Over the years, many startups have tried and failed to reinvent it, but the most successful companies have simply bolted new features […]
Ransomware negotiator pleads guilty to aiding ransomware gang
Former ransomware negotiator Angelo Martino has pleaded guilty to helping cybercriminals extort businesses in a cyberattack. On Monday, the U.S. Department of Justice announced the guilty plea. Martino, who worked for cybersecurity firm Digital Mint, acknowledged playing both sides of the negotiations in five different cases. Martino admitted that while ostensibly working for victims, he […]
New social media platform Bond hopes to use AI to help you kick your doomscrolling habit
Traditional social media sites are designed to keep us glued to our devices and our eyes glued to retinal feeds of memes and silly videos in order to create more engaging advertising platforms. But in recent years, a proliferation of companies have sought to capitalize on user burnout, encouraging users to engage in IRL experiences […]
Revolut aims for up to $200 billion valuation in eventual IPO
British neobank Revolut appears to be aiming for a huge valuation when it eventually goes public. The company is targeting a market capitalization of $150 billion to $200 billion in its initial public offering, the Financial Times reported Tuesday, citing anonymous investor sources. The fintech giant, which received a full banking license in the UK […]
The US Espionage Act is about to expire, and lawmakers are divided over protecting Americans from warrantless surveillance.
A long-standing law that allows U.S. intelligence agencies to collect and analyze vast amounts of foreign communications without a search warrant is set to expire on April 30, but lawmakers are deadlocked on whether to allow the Trump administration to extend the law unchanged. The law, known as Section 702 of the Foreign Intelligence Surveillance […]
Cash App targets a new type of customer between the ages of 6 and 12
Technology companies are always looking for new customers, and Cash Up, the fintech company owned by Jack Dorsey’s Block, believes it has found a promising new demographic: children. The company, which already provides financial services to teenagers, announced this week that it will expand its youth-focused services to build relationships with Generation Alpha and the […]
Who is the next Apple CEO John Ternus?
After 15 years, Tim Cook will be handing over the role of Apple’s CEO to John Ternus, Apple’s senior vice president of hardware engineering. Starting September 1, Ternus will lead one of the world’s most valuable companies, but unless you’re an avid Apple fan, you may have never heard of the man who has largely […]
Anthropic receives $5 billion from Amazon and promises $100 billion in cloud spending in return
Anthropic announced Monday that Amazon has agreed to invest an additional $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic has agreed to invest more than $100 billion in AWS over the next 10 years and acquire up to 5 GW of new compute capacity to train and run Claude. The […]
North Korean hacker accused of $290 million cryptocurrency theft
Over the weekend, hackers stole over $290 million in cryptocurrencies from Kelp DAO, a protocol that allows users to earn yield on their idle crypto investments. By Monday, LayerZero, one of the projects affected by the hack, had accused North Korea of carrying out the robbery. The hack is the biggest cryptocurrency theft so far […]
FAA orders investigation into Blue Origin New Glenn accident
The Federal Aviation Administration directed Blue Origin to investigate an apparent failure of the upper stage of its New Glenn rocket on Sunday, the Orlando Sentinel reported. This means the company will not be able to operate New Glenn again until the exploration is completed. This could put a damper on Blue Origin’s ambitions to […]