Alliance DAO is attracting fewer US founders amid crypto crackdown
The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today, comes at a moment of great excitement for the recovering market. Just two months ago, Bitcoin hit its all-time high;
Read MoreRivian wins $827M incentive package to expand Illinois factory for R2 production
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. Rivian announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds, which will be used to expand the automaker’s
Read MoreMicrosoft bans U.S. police departments from using enterprise AI tool
Microsoft has changed its policy to ban U.S. police departments from using generative AI through the Azure OpenAI Service, the company’s fully managed, enterprise-focused wrapper around OpenAI technologies. Language added Wednesday to the terms of service for Azure OpenAI Service prohibits integrations with Azure OpenAI Service from being used “by
Read MoreEU plan to force messaging apps to scan for CSAM risks millions of false positives, experts warn
A controversial push by European Union lawmakers to legally require messaging platforms to scan citizens’ private communications for child sexual abuse material (CSAM) could lead to millions of false positives per day, hundreds of security and privacy experts warned in an open letter Thursday. Concern over the EU proposal has
Read MoreThey thought they were joining an accelerator — instead they lost their startups
Lacey Hunter thought all was well as she put her startup through the three-month Newchip accelerator. Then the organization filed for bankruptcy in May 2023. Things went from bad to worse later that year when she discovered warrants of her company — rights to buy an ownership stake — had
Read MoreYour AI-native startup ain’t the same as a typical SaaS company
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Read MorePasskeys: all the news and updates around passwordless sign-ins
Cath Virginia / The Verge | Photo from Getty Images Follow along as websites, apps, and services adopt passkeys in preparation for a passwordless future. The need to remember lengthy, complicated passwords to sign in to your accounts could soon be a thing of the past thanks to passkeys: a
Read MoreHyundai is spending close to $1 billion to keep self-driving startup Motional alive
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into Motional as part of a broader deal that includes buying
Read MoreGoogle will now show labels in Play Store to denote official government apps
After months of testing, Google is today rolling out labels in the Play Store to denote official state and federal government apps in more than 14 countries. This new label will help users rule out apps that masquerade as official apps to steal money or data. The company said that
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