Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not
Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not Today, I’m talking with Vlad Tenev, the cofounder and CEO of Robinhood, which is one of the most well-known consumer finance apps in the world. It started as a way to open up stock trading, but the company’s ambitions have grown over time — […]
Apple quickly shipped 600 tons of iPhones to ‘beat’ the new tariffs
Apple quickly shipped 600 tons of iPhones to 'beat' the new tariffs Apple quickly shipped 600 tons of iPhones to ‘beat’ the new tariffs Apple airshipped 600 tons of iPhones to the US from India before new US tariffs were scheduled to take effect, as reported by Reuters and The Times of India. Meanwhile, Nikkei […]
Whoopsie daisy Bitcoin!
Whoopsie daisy Bitcoin! Lol, and additionally: lmao Sure, the stock market is melting down after the US declared a global trade war. But have you considered that crypto is also melting down? Starting around April 6, the Bitcoin price fell off a cliff — and is sitting at $78,800 as of this writing, after touching […]
We just declared a trade war with the world
We just declared a trade war with the world Nice economy you have there, said President Donald Trumpâs administration. It would be a shame if something happened to it. The something, announced earlier this week, is a set of globally applied tariffs that make no sense on their face. No sane economist would endorse this. […]
The AI industry doesn’t know if Trump just killed its GPU supply
The AI industry doesn't know if Trump just killed its GPU supply The AI industry doesn’t know if Trump just killed its GPU supply AI companies canât figure out if the Trump tariffs are about to decimate them â and the fact that no one has a clear answer is sending them, and the tech […]
‘TikTok America,’ Amazon, and other rumors about who might buy TikTok
'TikTok America,' Amazon, and other rumors about who might buy TikTok ‘TikTok America,’ Amazon, and other rumors about who might buy TikTok TikTok delete After President Donald Trump pushed back a deadline for banning TikTok in January, the 75-day delay will run out on April 5th, but there’s still no word on a deal that […]
OpenAI just raised another $40 billion round led by SoftBank
OpenAI just raised another $40 billion round led by SoftBank OpenAI has raised $40 billion in a new investment round led by SoftBank, vaulting the company to a $300 billion valuation. It’s the largest funding round for a private tech company in history, according to CNBC. OpenAI is set to receive $10 billion up front […]
Robinhood is launching bank accounts that will deliver physical cash ‘to your doorstep’
Robinhood is launching bank accounts that will deliver physical cash 'to your doorstep' Robinhood is launching bank accounts that will deliver physical cash ‘to your doorstep’ Robinhood is getting closer to becoming a full-fledged financial service. On Wednesday, the company announced a wholly online banking platform that will offer checking and savings accounts to Robinhood […]
23andMe files for bankruptcy as CEO steps down
23andMe files for bankruptcy as CEO steps down The company says it will remain in operation during the bankruptcy process. | Image: Justin Sullivan/Getty Images DNA testing firm 23andMe has filed for Chapter 11 bankruptcy protection to help the company sell itself after years of financial difficulties. Anne Wojcicki, 23andMe’s co-founder and CEO, announced on […]
Yahoo is selling TechCrunch
Yahoo is selling TechCrunch TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday. Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, Macworld, and TechAdvisor on Thursday. Founded in 2005, […]