Cap table management firm Carta made headlines in 2020 when its former marketing VP Emily Kramer filed a lawsuit alleging gender discrimination and retaliation. That case was settled in 2023. But since then, Carta has settled two other lawsuits filed by women who worked at the firm and alleged sexual harassment and discrimination, legal filings […]
Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When people rely on generative AI at work, their effort shifts […]
As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in […]
Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing sources. The tender offer, as such deals are called, will likely value the company lower […]
Apple and Google have pulled as many as 20 apps from their respective app stores after security researchers found the apps were carrying data-stealing malware for almost a year. Security researchers at Kaspersky said the malware, dubbed SparkCat, has been active since March 2024. Initially, the researchers found the malicious framework within a food delivery […]
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised […]
China’s DeepSeek has shaken up the AI world with the release of an open-source AI model that reportedly outperformed OpenAI’s in several benchmarks. Even more startling is the company’s claim that its AI technology was developed for only $5.6 million. This figure has raised eyebrows, especially as companies like OpenAI and Anthropic have spent hundreds […]
Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day of his inauguration that the Gulf of Mexico would be renamed the Gulf of America. This executive order also reverses an Obama-era move to rename […]
Apple could launch a new iPhone SE and PowerBeats Pro headphones as early as February 11, according to reporting from Bloomberg. The announcement is likely to be on the smaller side, given that the company has not yet issued invites for either an in-person or virtual event. A new iPhone SE would mark the fourth […]
The latest model from DeepSeek, the Chinese AI company that’s shaken up Silicon Valley and Wall Street, can be manipulated to produce harmful content such as plans for a bioweapon attack and a campaign to promote self-harm among teens, according to The Wall Street Journal. Sam Rubin, senior vice president at Palo Alto Networks’ threat […]