Welcome again a week under review! Elon Musk says Xai bought X in a stock deal; 11x supported by A16Z falsified several clients; Lumon Terminal Pro appears on Apple’s website; And much more. Let’s dig!
Topics Buy X: X Elon Musk owner announced on X on Friday that Xai won X in a comprehensive transaction. This combination estimates XAI with $ 80 billion and X with $ 33 billion. “Today, we officially take the step to combine data, models, calculate, distribution and talent,” Musk said.
Fuding Numbers: More than 20 resources- including current investors and employees and formerly told Techcrunch that 11x supported by A16Z- and standard have experienced financial battles, mainly for their own. “They absolutely massaged the numbers within when it came to growing and burning,” said a former employee.
Block Departures: A message derived from Block CEO Jack Dorsey revised by Techcrunch revealed that the company – which owns Cash App and Square – was laying 931 people, or 8% of the company, as part of a “restructuring Org”. Dorsey’s email denies that dismissals are for financial reasons or to replace workers with him.
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tidings
“What, I do cheating?” The White House confirmed to Techcrunch on Friday that President Trump thanks Trevor Milton, the founder of the start of hydration trucks Nikola who was convicted of fraud. The pardon comes just weeks after Nikola presented the bankruptcy of chapter 11.
Speaking of leakage: A data base released first by Techcrunch shows that China has developed a system that prevails its already frightening censorship machine, extending far beyond traditional taboos like the Tiananmen Square massacre.
Skunkworks rotates: The Skunkworks project of Rivian was ousted by the company with a new name and $ 105 million in funds from Eclipse Ventures. The beginning, also called, will exist as a Rivian independent company.
Make your computers ready: Apple announced that the developers’ conference worldwide will begin on June 9th. Reports have shown that Apple has prepared dramatic software adjustments for iPhone, iPad and Mac. We also expect iOS 19, which, according to Bloomberg, will be “the greatest reconstruction since iOS 7.”
DNA debut: DNA Testing Company 23Andme presented bankruptcy this week. Company co -founder and CEO, Anne Wojcicki, said it is leaving to become an independent bidder for the company. Your data may not be secure, so here are some ways to delete them.
An act of Congress: Kat Abughazaleh, the 26-year-old who was among the people fired from media issues after Elon Musm sued the company, announced this week that she is running for Congress. “I’m trying to be really transparent how to run for office because I feel like it’s kind of this black hole that looks much harder than it should be,” she told Techcrunch.
A slice of “detachment”: I have not seen any “detachment” season, and based on seemingly everyone in the world, I am absolutely missing. My colleague Sarah is among those people, and she noticed a Terminal Pro (cars they use on show) on Apple’s website.
Backdoor in China: Spacex, a Pentagon Protection Contractor, is reported to have allowed Chinese investors to buy shares as long as funds are run through the Kayman Islands or other offshore centers.
Switch 2 is coming! And at Nintendo Direct, the company announced that it is working on virtual game cards that allow players to get their downloaded games with them to use them on other devices.
Analysis
The new Chatgpt image generator began this week, and with it came a flood of art -based images from the Ghibli Studio being posted online. While the debate over whether this is terrible (studio co -founder Ghibli Haya Miyazaki once said that “he is an insult to himself”) or delightful, he highlights one thing: copyright is still a concern when it comes to anything generated by him. Although copying art style is not necessarily illegal, Openai training his models in the art of studio Ghibli operates in a legal “gray area”.
“I think this raises the same question that we have asked ourselves for a few years now,” Evan Brown, an intellectual property lawyer, told Techcrunch. “What are the implications of copyright violations to get out, to dragged online and to copy into these databases?”
