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Disney+ is considering making some of its streaming library available to watch for free, according to a report from Business Insider. Disney’s chief product and technology officer Adam Smith discussed the possibility of offering free-tier content during a town hall on Thursday, the report says. It’s unknown which shows or movies would be included or…
Phia, the shopping startup co-founded by Bill Gates’ daughter, Phoebe Gates, and Sophia Kianni, has been accused of a practice known as “cookie stuffing,” which may have helped the product receive commissions and credit for sales it did not actually generate, according to a Bloomberg investigation. The report has sparked controversy and led to Phia’s…
There’s something almost too perfect about this one, via Bloomberg. Lyzr, a three-year-old, Jersey City, New Jersey, startup that helps enterprises build AI agents, used its own AI agent to raise its own round. The system, SivaClaw, reportedly fielded questions from more than 130 investors, drafted investment memos, and even tracked which slides backers lingered…
Block has agreed to pay $45 million to settle claims brought by 46 U.S. states alleging that its peer-to-peer payments app, Cash App, failed to adequately protect users from fraud. State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection. Block denied…
Google’s SynthID system has been used to debunk a high-profile AI-generated hoax image, in a rare but significant win for the system. Earlier this week, a picture circulated online that seemed to show Kentucky Senator Mitch McConnell covered in tubes in a hospital bed in a state of extreme distress. The image was shared widely…
Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion — exactly double the $6.6 billion valuation the company achieved last December, Sifted reported. Menlo Ventures, a firm that announced its latest $3 billion fund last month, is expected to lead the round, according to the report….
A judge has approved a $1.5 million penalty levied against Elon Musk that will settle a U.S. Securities and Exchange Commission lawsuit despite having “significant misgivings” about it. U.S. District Judge Sparkle Sooknanan noted that her court would accept the settlement, Bloomberg reported Wednesday, which cited her court opinion. Sooknanan’s approval settles a lawsuit filed by…
Wisk Aero, the electric air taxi company owned by Boeing, has been hit with a lawsuit from a former employee, who claims she was fired after raising safety concerns. Former software manager Briahna O’Neill sued Wisk in Santa Clara Superior Court earlier this week, alleging discrimination and wrongful termination. The Seattle Times first reported on…
Chamath Palihapitiya, best known for his venture capital firm Social Capital and the All-In podcast, announced Monday that the AI coding startup he founded raised a sizable Series A. The company, 8090 Labs, closed a $135 million round led by Salesforce Ventures with participation from Jeffrey Katzenberg’s WndrCo; David Sacks’ Craft Ventures; fellow All-In hosts…
Last year, hackers attacked car giant Jaguar Land Rover (JPL), one of the U.K.’s biggest employers. The hack halted production for months and made a dent in the country’s economy. The damage was so severe that the U.K. government decided to bail out the company with a £1.5 billion (around $2 billion) payment, and estimates…