The European Union will reportedly open a new investigation into Meta over election policies

The European Union is getting ready to launch a new investigation into Meta over its handling of election-related content, according to a new report in The Guardian. Details of the investigation could be announced “later this week,” but European officials are reportedly concerned about “deceptive […]

Social media companies have too much political power, 78% of Americans say in Pew survey

Finally, something that both sides of the aisle can agree on: social media companies are too powerful. According to a survey by the Pew Research Center, 78% of American adults say social media companies have too much influence on politics — to break it down […]

Ethiopian plastic upcycling startup Kubik gets fresh funding, plans to license out its tech

Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment. The startup’s latest investment is from African Renaissance Partners, an East African venture capital firm; Endgame Capital, an investor with a bias for technologies around climate change; […]

OpenAI inks strategic tie-up with UK’s Financial Times, including content use

OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s Financial Times to a growing list of publishers it’s paying for content access. As with earlier OpenAI’s publisher licensing deals, financial terms of the arrangement are not […]

Indian ride-hailing giant Ola cuts 180 jobs in profitability push

Ola has let go its chief executive Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder […]