US banks scramble to assess data theft after hackers breach financial tech firm: U.S. banking giants including JPMorgan Chase, Citi, and Morgan Stanley are working to identify what data was stolen in a recent cyberattack on a New York financial firm. Read More
Facebook takes on Reddit with launch of nicknames for Facebook Groups: Facebook users can protect their privacy in Groups using a new nicknames feature. Read More
Revolut hits $75B valuation in new capital raise: The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia's NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated. Read More
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X's new About This Account feature is going great: A new feature seemingly revealed many right-wing "America First" accounts are actually based outside the United States. But the data seems questionable. Read More
Roblox CEO interview gets heated over child safety: Roblox CEO Dave Baszuki joined the Hard Fork podcast to discuss the gaming platform's new age verification feature — but he seemed to get frustrated at the number of questions focused on child safety. Read More
Malaysia may ban users under 16 from social media starting next year: The country's communications minister Fahmi Fadzil said the administration is considering systems for implementing age restrictions on social media sites. Read More
Momentic raises $15M to automate software testing: AI testing startup Momentic has raised $15 million in a Series A round led by Standard Capital, with participation from Dropbox Ventures. Existing investors at Y Combinator, FCVC, Transpose Platform and Karman Ventures also participated. Read More
ChatGPT told them they were special — their families say it led to tragedy: A wave of lawsuits against OpenAI detail how ChatGPT used manipulative language to isolate users from loved ones and make itself into their sole confidant. Read More
Successful fundraising begins with the right equity strategy. Fidelity's latest guide will help you learn how to streamline your equity management and avoid common pitfalls. Learn key equity concepts like ownership and dilution and how to optimize your cap table and data room to connect with investors more effectively.
Kindred talks home-swapping platform for travelers, Chef Robotics introduces AI into commercial kitchens, and Character.AI addresses chatbot safety with teens.
This startup wants to build a fusion reactor — on a boat: Startups are still racing to build the world's first commercial fusion power plant on land, but Maritime Fusion thinks the path will be easier out at sea. Read More
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