Bangladesh, which imports nearly 95% of its petroleum, has been experiencing severe fuel shortages since early March when the U.S.-Iran war disrupted oil tanker shipments, forcing Dhaka's ride-hailing drivers to spend hours in rationing queues rather than earning...
QVC Group, the parent company of QVC and HSN, disclosed in an SEC filing that it intends to file for Chapter 11 bankruptcy protection in the Southern District of Texas after reaching a restructuring agreement with creditors, with a goal of emerging before the end of...
World, formerly known as Worldcoin, upgraded and open-sourced its World ID protocol and launched a standalone app, announcing partnerships with Zoom for deepfake-resistant video verification, DocuSign for confirming human-signed documents, Tinder for expanding its...
Amazon filed a lawsuit in Washington state District Court alleging that a Telegram-based group called RBK, led by a Kazakhstan-based individual, orchestrated a refund fraud scheme that stole over $4M in products including graphics cards, laptops, and drones by...
Hundreds of previously redacted documents filed in California's ongoing antitrust lawsuit against Amazon reveal internal emails and depositions showing Amazon used Buy Box suppression and automated price tracking to pressure independent sellers into raising their...
Uber launched a returns feature through its Uber Eats app that lets customers schedule a courier pickup for eligible retail items they want to return, with a fee calculated based on the courier's time and distance and a minimum item price of $20. Participating...
Etsy is developing an unreleased AI Highlights feature that would generate short summaries of item listing details to help listings stand out to shoppers, and is showing some sellers a pop-up asking them to review and rate the accuracy of AI-generated summaries for...
Recursive Superintelligence, a startup founded by former Google DeepMind principal scientist Tim Rocktäschel and ex-Salesforce chief scientist Richard Socher along with former OpenAI researchers, raised at least $500M in a round led by GV with participation from...
The Wall Street Journal reports that Sam Altman asked OpenAI to lead a roughly $500M investment in Helion, a nuclear fusion startup where Altman is one of the largest investors, and pursued OpenAI involvement with Stoke Space, a rocket company his family office has a...
Canva announced it is bringing its platform into Claude Design by Anthropic Labs, allowing users to export AI-generated drafts directly into the Canva editor where they become fully editable, collaborative, and publishable designs without the fragmented workflow of...
Google is rolling out two new AI Mode features in the U.S. over the coming weeks, including the ability to have its agentic AI call local stores on your behalf to check whether a specific item is in stock nearby, a feature that launched on standard Search last...
Rest of World reporter Ananya Bhattacharya writes that the rapid adoption of AI could add between 1.2 million and 5 million metric tons of e-waste by 2030, according to a 2024 Nature Computational Science study, as high-performance GPUs and specialized servers become...
Anthropic CEO Dario Amodei met Friday with White House chief of staff Susie Wiles and Treasury Secretary Scott Bessent to discuss responsible deployment of Anthropic's Mythos model, with the White House calling the meeting "productive and constructive" and the Office...
Bath & Body Works CEO Daniel Heaf said at the Semafor World Economy Summit that Amazon is playing a central role in the struggling mall retailer's turnaround, saying it is "difficult to take share without being on Amazon" given the platform's dominance in the...
Lisbon-based alternative app store Aptoide filed suit in San Francisco federal court seeking an injunction against anticompetitive practices and unspecified damages, alleging Google uses its market position to suppress third-party app stores on Android. The lawsuit...
An internal Amazon document obtained by Business Insider states that AI "dramatically lowers the barrier to building new tools," allowing engineering teams to spin up overlapping systems quickly while also reducing the pressure to retire redundant ones, creating what...
Mudflap, a Palo Alto-based fintech that provides fuel discount solutions to carriers via a location-aware mobile app and fuel card, acquired Parade, a San Francisco-based capacity management and carrier relationship platform that has facilitated more than $40B in...
eBay acquired NFT marketplace KnownOrigin in June 2022 for a reported $68M, shut down its on-chain marketplace by end of 2024 as the crypto art bubble burst, and has now laid off the remaining KnownOrigin team and other Web3 staff in its Manchester office, following...
