Bill to ban social media use by under-16s arrives in Australia’s parliament

Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters […]

India’s Arzooo, once valued at $310M, sells in distressed deal

Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according […]

Nvidia’s CEO defends his moat as AI labs change how they improve their AI models

Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would […]

OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit

Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual […]

Elon Musk and Vivek Ramaswamy have spelled out their plans for DOGE

Illustration by Laura Normand / The Verge Elon Musk and Vivek Ramaswamy were officially appointed the co-leads of President-elect Donald Trump’s “Department of Government Efficiency” (DOGE) last week, and on Wednesday, the two men spelled out their plans for the advisory group in a long […]