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StackBlitz, which offers an AI tool to create websites using text prompts, says it’s finalizing raising $83.5M at a $700M valuation, following a $22M Series A (Bloomberg)
on January 22, 2025 at 12:40 am
Bloomberg: StackBlitz, which offers an AI tool to create websites using text prompts, says it’s finalizing raising $83.5M at a $700M valuation, following a $22M Series A — – StackBlitz is set to raise over $80 million from investors — Struggling startup turned around fortunes with AI product
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Trump grants a pardon to Ross Ulbricht, the creator of Silk Road and a cryptocurrency cult hero, serving a life sentence on money laundering and drug charges (New York Times)
on January 22, 2025 at 12:23 am
New York Times: Trump grants a pardon to Ross Ulbricht, the creator of Silk Road and a cryptocurrency cult hero, serving a life sentence on money laundering and drug charges — Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.
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Highnote, which offers businesses a card-issuing software, raised a $90M Series B led by Adams Street Partners, a source says at a $750M+ valuation (Stephen Pastis/Forbes)
on January 22, 2025 at 12:10 am
Stephen Pastis / Forbes: Highnote, which offers businesses a card-issuing software, raised a $90M Series B led by Adams Street Partners, a source says at a $750M+ valuation — The San Francisco company raised $90 million. It aims to combine the different payments services offered by Stripe and Marqeta into one platform.
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Survey of 3,000+ game devs: 11% were laid off in the past year, 58% back unionization, 30% say generative AI is having a negative impact on the industry, more (Dean Takahashi/VentureBeat)
on January 21, 2025 at 11:50 pm
Dean Takahashi / VentureBeat: Survey of 3,000+ game devs: 11% were laid off in the past year, 58% back unionization, 30% say generative AI is having a negative impact on the industry, more — The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.
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Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership (Bloomberg)
on January 21, 2025 at 11:35 pm
Bloomberg: Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership — “I have the right to make a deal,” Trump said at an event alongside Ellison at the White House on Tuesday.
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Microsoft says it has a new deal with OpenAI that gives Microsoft “right of first refusal”, meaning it’s no longer OpenAI’s exclusive cloud provider (Kyle Wiggers/TechCrunch)
on January 21, 2025 at 11:30 pm
Kyle Wiggers / TechCrunch: Microsoft says it has a new deal with OpenAI that gives Microsoft “right of first refusal”, meaning it’s no longer OpenAI’s exclusive cloud provider — Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer.
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MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest (Alexandra S. Levine/Bloomberg)
on January 21, 2025 at 11:20 pm
Alexandra S. Levine / Bloomberg: MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest — – YouTube star is part of investor group run by Jesse Tinsley — TikTok has less than three months to sell or face a US ban
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OpenAI, SoftBank, and Oracle announce The Stargate Project, a JV to invest in US AI infrastructure, committing $100B now and up to $500B in the next four years (Kyle Wiggers/TechCrunch)
on January 21, 2025 at 10:37 pm
Kyle Wiggers / TechCrunch: OpenAI, SoftBank, and Oracle announce The Stargate Project, a JV to invest in US AI infrastructure, committing $100B now and up to $500B in the next four years — OpenAI says that it will team up with both the Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple data centers for AI in the U.S.
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Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1% (Drew Lerner/Awful Announcing)
on January 21, 2025 at 10:25 pm
Drew Lerner / Awful Announcing: Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1% — Netflix’s Christmas Day NFL experiment seems to have paid off. — According to data released by Nielsen’s “The Gauge” …
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Crypto.com launches its institutional exchange service for US customers; it had closed the service in June 2023 due to “limited demand” (MK Manoylov/The Block)
on January 21, 2025 at 10:20 pm
MK Manoylov / The Block: Crypto.com launches its institutional exchange service for US customers; it had closed the service in June 2023 due to “limited demand” — – Crypto.com Exchange gives users access to over 300 cryptocurrencies and 480 trading pairs, acting as a complement to the existing retail-focused Crypto.com App for U.S. customers.
