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Webull plans to go public via a SPAC merger with SK Growth Opportunities around September 2024 and expects to raise ~$100M, valuing the online brokerage at $7B+
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2024-2-29
Memo: SBF's lawyers suggest a short sentence of five to six years in prison, citing medical conditions, including autism, and his philanthropic giving
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2024-2-29
Sources: Stripe and some investors agreed to buy $1B+ of current and ex-employees' shares, valuing it at $65B, up from $50B in 2023, but down from $95B in 2021
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2024-2-29
A profile of Mistral AI, which wants to be the “most capital-efficient company in the world of AI”, as it announces its new open-source AI model Mistral Large
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2024-2-27
AI
Sources: staff warned Meta in 2023 that its subscription tools on Facebook and Instagram allowed adults to profit from exploiting their own children
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www.wsj.com
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2024-2-23
Facebook
Instagram
A profile of Blackstone CEO Steve Schwarzman, who might be the biggest individual funder of AI education and research, having pledged $500M+ to the effort
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2024-2-22
AI
Education
A Montenegro court rules that Terraform co-founder Do Kwon should be extradited to the US for a trial; both the US and South Korea have sought to prosecute him
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2024-2-22
Korea
Sources: Reddit plans to reserve some of its IPO shares for 75K loyal users, an unusual move that could build loyalty, and list its shares on the NYSE in March
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2024-2-21
IPO
Reddit
Tech investors and founders are flocking back to San Francisco, currently undergoing an AI boom, after leaving during the pandemic for Miami and other US cities
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2024-2-20
AI
San Francisco
Hands-on with Khan Academy's ChatGPT-powered AI tutoring bot Khanmigo, which frequently makes basic arithmetic errors, as Khan Academy works to improve accuracy
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2024-2-19
AI
Elon Musk says his companies “have probably done more to undermine Russia than anything” and calls accusations that he is a Vladimir Putin apologist “absurd”
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www.wsj.com
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2024-2-18
Russia
Elon Musk
A look at The Shotline, a project using ElevenLabs' tech to create audio deepfakes of kids killed in gun violence, to place AI-generated calls to US lawmakers
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www.wsj.com
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2024-2-15
AI
Sources: Walmart is in talks to buy smart TV manufacturer Vizio for more than $2B, as it looks to bolster its advertising business in its battle with Amazon
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www.wsj.com
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2024-2-14
Amazon
Walmart
Sources: Sam Altman is in talks with investors, including the UAE government, to raise funds for an AI chip initiative that could cost as much as $5T to $7T
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www.wsj.com
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2024-2-9
AI
Spotify and Joe Rogan sign a new multiyear deal, estimated to be worth $250M; Rogan's show will be available across podcast platforms and as videos on YouTube
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www.wsj.com
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2024-2-7
YouTube
Spotify
Sources: in January, the US DOJ charged three people over a phone-hacking scheme that included the FTX hack to steal $400M+ during the exchange's 2022 collapse
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2024-2-7
Fox, ESPN, and Warner Bros. Discovery are creating a joint streaming platform to share sports assets; sources: it will be available to ESPN+, Hulu and Max subs
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www.wsj.com
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2024-2-7
Asset
Mother of Michigan School Shooter Ethan Crumbley Found Guilty of Manslaughter
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2024-2-7
Germany's Trade Surplus Widened in December
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2024-2-6
Germany
OPINION: Israel's Untold Gaza Progress - The Israel Defense Forces are winning against Hamas but need more time.
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2024-2-6
Israel
The Real Reason You're Paying for So Many Subscriptions
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2024-2-5
The Money and Drugs That Tie Elon Musk to Some Tesla Directors
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2024-2-5
Tesla
Elon Musk
Sources: some Tesla and SpaceX directors have consumed drugs with Elon Musk feeling there is an expectation to do so, raising concerns about their independence
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2024-2-4
Tesla
Elon Musk
SpaceX
A Jobs Mystery: Where Are All the New Employees Coming From?
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2024-2-3
Spotify signs a new multiyear deal with Joe Rogan, estimated to be worth $250M; his show will be available on multiple podcast platforms and YouTube
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www.wsj.com
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2024-2-3
YouTube
Spotify
Car companies eager to find new ways to squeeze subscription payments from drivers are moving to scrap AM radio. It's old tech, they say. (It's also free.)
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2024-2-3
It's Not Just Rising Payrolls: Wage Growth is Picking Up, Too
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2024-2-3
Sources: in January, the US DOJ charged three people with a phone-hacking scheme that included the hack of FTX to steal $400M+ at the time of its 2022 collapse
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www.wsj.com
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2024-2-3
WSJ News Exclusive | Federal Prosecutors Investigate Vince McMahon Sex-Trafficking Allegations
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2024-2-3
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026
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www.wsj.com
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2024-2-2
Intel
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