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.
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.
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.
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.
|Exchange Student Internship Reflection|
[[{“value”:” Ciao, we’re about a month in, and it’s been a good experience learning and adapting to Italy’s business culture. Honestly, it has been interesting adjusting to the differences between the Italian and the US workplaces. My personal adaptation to the Italian workplace has been unique, as my supervisor is an American citizen and our company has a strong presence…
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.
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.
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.
Mel Science vs KiwiCo: The Ultimate Holiday Gift Guide for Kids
Choosing the perfect holiday gift for kids can be a challenge, especially when you want to combine fun with learning. Two popular options that stand out are Mel Science and KiwiCo. Both offer hands-on kits designed to spark curiosity and creativity, but they differ in focus, style, and experience. This guide breaks down what each brand offers, helping you decide…
AI is too risky to insure, say people whose job is insuring risk
Major insurers including AIG, Great American, and WR Berkley are asking U.S. regulators for permission to exclude AI-related liabilities from corporate policies. One underwriter describes the AI models’ outputs to the FT as “too much of a black box.”