Well, the rumors were true: this week the DOJ argued that Google should sell off Chrome to make up for its monopolistic search practices. On top of that, the US government also suggested a potential sale of Android if it can’t stop prioritizing its own […]
Day: November 22, 2024
Revolut to launch mortgages, smart ATMs and business credit products
Revolut, the London-based fintech unicorn, shared a few items on the company’s 2025 roadmap at a corporate event in London on Friday. One of its main focuses for next year will be the introduction of an AI-enabled assistant to help its 50 million customers navigate […]
The EV Buyers’ Guide to an Uncertain Future
The Trump administration is likely to make big changes to US federal electric vehicle incentive programs. Buy or lease now, probably.
EU closes antitrust probe into Apple’s e-book and audiobook rules after complaint withdrawn
The European Commission (EC) has quietly closed a longstanding antitrust investigation into Apple over rules it enforces against third-party e-book and audiobook app developers. The EC opened the probe back in 2020 after receiving complaints over how Apple forced competing e-book and audiobook app developers […]
Flipkart co-founder Binny Bansal leaves PhonePe board
Flipkart co-founder Binny Bansal has stepped down from PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit […]
A proposed climate tax on crypto mining is gaining momentum
Image: Nick Barclay / The Verge A tentative proposal to tax cryptocurrency mining to raise funds for climate action took off during a United Nations climate conference that’s set to come to a close today. A levy on energy-hungry crypto mining, at $0.045 per kilowatt-hour […]
Apple Black Friday deals: The M4 Mac mini drops to a record low of $500
Apple’s new Mac Mini has only been out in the world for only a few weeks but its already on sale. Right now, you can get the Mac Mini with Apple’s M4 chip for $500, down from $600, thanks to a discount and an additional […]
Teen streamer dumped a meme coin for $30K, then things got weird
Illustration by Alex Castro / The Verge The young streamer behind a viral meme coin called Quant was doxxed by the crypto community after he ripped off investors, as reported by Decrypt and The Crypto Times. During a livestream earlier this week, the kid giddily […]
AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say
MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round. Spark Capital led the investment, valuing the company at a pre-money valuation […]
Thrive Capital’s Bold $5 Billion Bet: Reshaping Tech and AI Investments
In the fast-paced world of venture capital, bold moves define the leaders from the followers. Thrive Capital, the New York-based powerhouse founded by Joshua Kushner, is making waves with its…