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Prediction market Kalshi is making it easier for its users to have conversations on Meta’s social network Threads. Kalshi now offers a share option that will automatically embed the relevant prediction market chart into a Threads post. Whether people want to discuss who’s going to win Best Picture or which reality TV contestant is going…
Life Electric Vehicles Holdings, also known as Life EV, officially owns the intellectual property, inventory, and certain operating assets of Rad Power Bikes. Life EV acquired Rad Power for $13.2 million. Rad Power Bikes, a buzzy electric bike company that raised nearly $330 million in venture capital, filed for Chapter 11 bankruptcy protection in December….
Nintendo filed a lawsuit against the U.S. government on Friday over its extraction of tariffs from global businesses. The gaming giant is seeking a refund for any duties it paid due to President Donald Trump’s executive orders that invoke the International Emergency Economic Powers Act (IEEPA). This lawsuit, filed in the U.S. Court of International…
Hackers have reportedly broken into the networks of the FBI. On Thursday, citing an anonymous source, CNN reported that the breach affected a system used to manage wiretaps and foreign intelligence surveillance warrants. “The FBI identified and addressed suspicious activities on FBI networks, and we have leveraged all technical capabilities to respond,” a bureau spokesperson…
U.S. and European law enforcement have seized the database from LeakBase, which prosecutors have touted as “one of the world’s largest online forums for cybercriminals” for sharing stolen passwords and hacking tools. U.S. and European police seized the site earlier this week, and say its database has over 142,000 members and more than 215,000 messages…
Apple Music is changing the way that record labels and distributors can flag AI-generated or AI-assisted content when they upload it to the platform. According to Music Business Worldwide, Apple sent a newsletter to industry partners on Wednesday to explain how it will roll out a new set of metadata to promote transparency around how…
PayPay, Japan’s leading mobile payment app, has reportedly postponed its U.S. IPO due to market volatility and recent conflict in the Middle East. The company was planning to release its IPO price range on Monday, March 2. PayPay aimed for a valuation of at least ¥1.5 trillion ($10 billion), Bloomberg reported. PayPay was founded in…
Suno co-founder and CEO Mikey Shulman shared on LinkedIn that the AI music generator has amassed 2 million paid subscribers and $300 million in annual recurring revenue. Just three months ago, Suno announced a $250 million funding round that valued the company at $2.45 billion. At the time, Suno told The Wall Street Journal that…
ChatGPT has reached 900 million weekly active users, OpenAI announced Friday, putting the AI chatbot within striking distance of 1 billion. OpenAI also shared that it now has 50 million paying subscribers. “Subscriber momentum accelerated meaningfully to start the year, with January and February on track to be the largest months for new subscribers in…
In a post on Truth Social, President Trump directed federal agencies to cease use of all Anthropic products after the company’s public dispute with the Department of Defense. The president allowed for a six-month phase-out period for departments using the products, but emphasized that Anthropic was no longer welcome as a federal contractor. “We don’t…