Category: info1


  • Trump fires head of National Security Agency and Cyber Command

    The Trump administration has fired Timothy Haugh, the head of the National Security Agency and Cyber Command, several news publications reported overnight into Friday.  Haugh, a career military official, led the National Security Agency, the U.S.’ main wiretapping and intelligence gathering agency, for little more than a year after his appointment in February 2024 following…

  • Midjourney releases its first new AI image model in nearly a year

    Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling out in alpha around midnight Eastern on Friday, comes a week after OpenAI debuted a new image generator in ChatGPT that quickly went viral for…

  • Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed

    A federal judge ruled on Thursday that a lawsuit attempting to stop the Department of Government Efficiency from obtaining records on millions of Americans may proceed. In conjunction with privacy watchdog the Electronic Frontier Foundation and two labor unions, more than 100 current and former federal employees sued DOGE, the U.S. Office of Personnel Management…

  • Apple loses $250B market value as tariffs tank tech stocks

    Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump’s tariff spree.  The iPhone maker took one of the biggest hits on Wall Street, where tech stocks dropped as investors shifted money away from volatile assets. Tesla, Nvidia, and Meta were…

  • Fuse raises $6.6M to fix a payment problem for companies expanding to MENA

    Expanding into the Middle East and North Africa (MENA) remains a costly and complex challenge for global businesses, thanks to fragmented regulations and banking systems. Dubai-based fintech Fuse aims to simplify that with a cross-border payments API and has raised $6.6 million in seed funding to make it happen. Founded in 2023 by George Davis,…

  • Stablecoin issuer Circle takes another stab at a public listing

    Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 revenue and reserve income was $1.68 billion, up from $1.45 billion the year prior. Circle’s 2024 net income was $156 million,…

  • Space solar startup Aetherflux raises $50M to launch first space demo in 2026

    Aetherflux, the space solar startup founded by Baiju Bhatt, the billionaire co-founder of Robinhood, has raised $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026.  The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of…

  • Epic Games acquires Loci to introduce automated 3D tagging

    Epic Games announced on Wednesday the acquisition of Loci, an AI platform for automated tagging 3D assets. The deal will help creators with the labor-intensive process of tagging as well as to help detect potential intellectual property (IP) violations. Loci, which uses computer vision models to understand 3D content, automatically tags 3D assets, making content…

  • An accounting startup has turned tax preparations into a Pokémon Showdown game

    Accounting software company Open Ledger has launched a new product in time for tax day.  Meet PokéTax, a game that helps make tax filing quite fun. Instead of tax forms, users take on Tax Trainers — gym leaders — representing different parts of a tax form, such as income, deductions, and credits. Each leader asks…

  • CaaStle board confirms financial distress, furloughing employees

    CaaStle, a startup that launched in 2011 as a plus-sized clothing subscription service and later became an inventory monetization platform for clothing retailers, is facing financial difficulties, the company confirmed to TechCrunch following a report by Axios. Citing a letter from the board, Axios reported that the company is almost out of money, CEO Christine…