“This isn’t ‘The Matrix’”

Last weekend, Jeffrey Goldberg, editor-in-chief of The Atlantic, found himself at the center of a digital fiasco when he was unexpectedly added to a Signal group chat with 17 U.S. government officials who were discussing imminent airstrikes in Yemen. For some, the incident has raised questions about how phone numbers end up in contact lists … Read more

Perplexity CEO denies having financial issues, says no IPO before 2028

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the … Read more

China Miéville says we shouldn’t blame science fiction for its bad readers

It’s been 25 years since China Miéville stepped into the literary spotlight with his novel “Perdido Street Station.” Combining elements of science fiction, fantasy, and horror, the novel introduced readers to the fantastically complex city of New Crobuzon, filled with insect-headed khepri, cactus-shaped cactacae, and terrifying slake moths that feed on their victims’ dreams. It … Read more

Sam Altman firing drama detailed in new book excerpt

An excerpt from the upcoming book “The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future” offers new details about why OpenAI’s board briefly fired CEO Sam Altman back in 2023. Written by Wall Street Journal reporter Keach Hagey, the book claims the nonprofit’s board members became increasingly concerned after learning about issues … Read more

Amazon shakes up streaming leadership team

Amazon announced this week that Jennifer Salke is stepping down as the head of Amazon MGM Studios — a move that could indicate high-level dissatisfaction with the company’s streaming strategy over the past few years. To be clear, Salke’s boss Mike Hopkins (the head of Amazon MGM Studios and Prime Video) praised her work in … Read more

Elon Musk’s xAI buys X

Welcome back to Week in Review! Elon Musk says that xAI bought X in an all-stock deal; a16z-backed 11x faked some customers; the Lumon Terminal Pro pops up on Apple’s website; and much more. Let’s dig in! xAI buys X: X owner Elon Musk announced on X on Friday that xAI acquired X in an … Read more

Here are Africa’s biggest startups based on valuation

Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to … Read more

Javice found guilty of defrauding JPMorgan in $175M startup purchase

Charlie Javice, the founder of student loan application startup Frank that was purchased by JPMorgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s customer … Read more

‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly

‘Tesla Takedown’ organizers have promised their biggest day of global action this weekend, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending.  As Tesla protests have spread, so has the backlash. Activists holding up signs are being conflated with masked vandals … Read more

Elon Musk says xAI acquired X

Elon Musk’s AI startup, xAI, has acquired his social media platform X, formerly known as Twitter, he announced in a post on X Friday. “xAI has acquired X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt),” Musk said in the post. “xAI and … Read more

Fintech VC powerhouse Frank Rotman stepping down from QED Investors to found his own startups

Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman — who helped start QED in 2007 — declared that … Read more

Breast pump startup Willow acquires assets of Elvie as UK women’s health pioneer moves into administration

Women’s health and its startups building connected breast pumps, period trackers, and other apps and hardware designed for women have collectively pulled in more than $5 billion in funding in the last five years, but the market is tight, and now, two of the trailblazers in the space are coming together as consolidation beckons.  Willow, … Read more

OpenAI peels back ChatGPT’s safeguards around image creation

This week, OpenAI launched a new image generator in ChatGPT, which quickly went viral for its ability to create Studio Ghibli-style images. Beyond the pastel illustrations, GPT-4o’s native image generator significantly upgrades ChatGPT’s capabilities, improving picture editing, text rendering, and spatial representation. However, one of the most notable changes OpenAI made this week involves its … Read more

‘It was weird, man’: Zuckerberg took Facebook employees to see ‘The Social Network’ when it came out

Mark Zuckerberg may not be the most likable figure in Silicon Valley, but we can empathize with him on this: it would feel really weird if someone made a movie about your life. On YouTubers Colin and Samir’s podcast, Zuckerberg spoke about the one and only time he saw “The Social Network.” “It was weird, … Read more