Independent thinking for complex markets and current events
A startup in China is charging $3 for an AI clone of your deceased loved ones. You send them pictures, videos, or voice recordings, and they build a version that looks, sounds, and talks exactly like the person who passed away. People are using it to talk to their dead parents,… pic.twitter.com/tseO7gaTIl — Shadow of …
Windows Hello protected on disk but every credential sits wide open in RAM. Researcher pulls full passwords with hex editor before you even type one site. That’s Microsoft handing your bank logins to any local attacker. Keep trusting Edge and watch your accounts drain one memory dump at a time. Microsoft Edge: Passwords end up …
The US Federal Communication Commission is reviewing an application to launch and deploy a massive mirror satellite in space that would reflect beams of sunlight onto darkened portions of the Earth. In theory, it could be used to power solar farms, light up a city that never sleeps, or provide lighting during emergency scenarios, argues …
AI startup Harvey has reached $100 million in annual recurring revenue after its weekly average users have quadrupled over the past year. Harvey runs an artificial intelligence-powered legal platform that can help with legal research, drafting and diligence projects. The company earned a spot on the 2025 CNBC Disruptor 50 list. Artificial intelligence startup Harvey …
The UN estimated the North Korean IT worker scam has generated $250 million to $600 million every year since 2018. Fortune news editor Amanda Gerut explains. https://t.co/0gfJweWgdp pic.twitter.com/18lupXKlVU — FORTUNE (@FortuneMagazine) April 11, 2025 Thousands of North Korean IT workers have infiltrated the Fortune 500—and they keep getting hired for more jobs. Fortune 500 companies have …
Google’s Dominant Search Business Is Under Attack From TikTok to AI – WSJ Update: below is the summary of WSJ report , and it’s not my opinions. Short Summary: Google’s share of the U.S. search ad market is expected to drop below 50% next year for the first time in over a decade Biggest competitors: …
One of the people who successfully sued the National Association of Realtors (NAR) to change real estate commissions has co-founded a new real estate startup. It all began in 2017 when Josh Sitzer and his wife listed their home for sale in Kansas City. The couple was frustrated by the fact they had to pay …
The picturesque center of Nuremberg, Germany, doesn’t usually have much going in the way of high-tech flair. It has a castle as well as cathedrals, placards celebrating bratwurst and seemingly endless rows of ice cream shops for tourists. On a weekday in mid-May, however, the city hosted some serious geek peacocking for those who were …
Chris Kirchner, the former CEO of tech startup Slync — once valued at more than $240 million after he raised millions from investors like Goldman Sachs, only to spend the money on a private jet and luxury cars — was sentenced to 20 years in prison on Thursday by the U.S. District Court Northern District …
The D.C. region is consistently ranked as one of the top cities for entrepreneurs and startup businesses, but the failure rate of new businesses is also high. According to LendingTree research, the failure rate of D.C. startups during their first year in business is 32.2%, compared to 23.2% nationally. That’s based on the latest data from …
CHANGE: Jeff Bezos–backed AI search startup’s CEO says ‘Google is going to be viewed as something that’s legacy and old.’ Founded in August 2022, the startup known as Perplexity aims to challenge Google by offering an AI-based search engine that is “part chatbot and part search engine, offering real-time information and footnotes showing the sources of …
Lucid’s second quarter earnings fell short of expectations after per-vehicle losses went viral. 2023 is a make-or-break year for startups like Lucid. Analysts are still optimistic about the second half of 2023. It’s a tough time to be an electric-vehicle startup, and luxury brand Lucid is no exception. The startup, founded by former Tesla Chief Engineer Peter …