Month: May 2025

Luminar secures up to $200M following CEO departure and layoffs

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Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month, … Read more

Trump’s Memecoin Dinner Draws Crowded Cast of Democratic Protesters from Congress

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As President Donald Trump’s biggest memcoin buyers such as Tron founder Justin Sun bask in his attention over dinner on Thursday, Democratic lawmakers and advocacy groups have arrayed a series of protests and complaint sessions to decry the president’s crypto event as fundamentally corrupt. Trump will host his dinner for more than 200 of his … Read more

VanEck to launch Avalanche ecosystem fund

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VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial … Read more

Signal says no to Windows 11’s Recall screenshots

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Signal is taking proactive steps to ensure Microsoft’s Recall feature can’t screen capture your secured chats, by rolling out a new version of the Signal for Windows 11 client that enables screen security by default. This is the same DRM that blocks users from easily screenshotting a Netflix show on their computer or phone, and … Read more

US lawmaker reintroduces bill amid pushback on Trump's crypto ties

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A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest. In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a … Read more

The Most Dangerous Lie in Startups

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They were two friends. Met at a startup event. Built fast. Raised faster. n She was the tech brain. He handled growth. Together, they pitched, built, hustled, and sacrificed. Today, they don’t speak. The board had to mediate. Legal notices were exchanged. The company didn’t survive. n What killed the startup wasn’t market fit, competition, … Read more

Solana Mobile reveals trustless architecture, token for Seeker device

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Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date. According to the announcement, Solana Mobile will ship the device starting Aug. 4. Seeker is the … Read more

News publishers call Google’s AI Mode ‘theft’

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The trade association backing some of the biggest news publishers in the US slammed Google’s newly expanded AI Mode, which trades traditional search results for an AI chatbot-like interface. In a statement on Wednesday, the News/Media Alliance said the new feature is “depriving” publishers of both traffic and revenue. During Google I/O on Tuesday, the … Read more

Sam Altman's World raises $135M from Andreessen, Bain, to expand network

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World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement. The capital will be used to expand World’s network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in … Read more

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

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Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high … Read more

Microsoft adds over 50 ‘Retro Classics’ to Game Pass

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Microsoft has announced that a new “Retro Classics” collection is now available to Game Pass subscribers. Reminiscent of the Nintendo Switch Online classic games library, the collection includes Pitfall, Grand Prix, and more than 50 other Activision titles from the 1980s and 1990s. It’s not as many titles as the 1,300 retro games that Antstream, Microsoft’s … Read more

How Generative AI Is Reshaping PR Strategy, Brand Visibility, and Media Influence in 2025

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Public relations just changed). Google I/O 2025 confirmed what many of us in communications already suspected. Generative AI is no longer emerging. It is now embedded in how people discover, evaluate, and trust brands. Sundar Pichai’s keynote at Google I/O marked a definitive shift. The introduction of Google’s AI Overviews changes how information is surfaced. … Read more