IMF Managing Director Kristalina Georgieva says AI is a “tsunami” hitting labor, but rising wages for enhanced workers could spill over to create demand for low-skilled jobs. The catch? This dynamic risks hollowing out the middle class amid high global debt.
The Setapp third-party app store has shut down, with developer MacPaw citing Apple’s “still-evolving and complex” business terms. Apple, in a pre-emptive statement, blamed the European Commission’s “political delay tactics” for the failure. The EC is reportedly set to rule that Apple is at fault.
The Chinese AI startup MiniMax saw its shares jump as much as 90% on its first day of trading in Hong Kong on Friday, March 28. The company raised $620 million, significantly outpacing the debut of its rival Zhipu AI just one day earlier.
New York’s Attorney General is investigating Instacart over its algorithmic pricing practices. The probe follows a December study that found the company showed different shoppers different prices for the same items.
AI infrastructure company Nscale is aiming to raise a massive $2 billion in a pre-Series C round. This comes just days after closing its Series B funding, which was led by industrial investment giant Aker ASA.
Eir Partners, a Miami-based private equity firm, has closed its third fund at $1 billion, more than double its 2024 predecessor. The firm focuses on control and minority stakes in healthcare technology companies, from early-stage to mature businesses.
A new image-editing feature on xAI’s Grok chatbot has been used to create nonconsensual sexualized imagery, including of minors. The scandal has triggered investigations worldwide and exposed deep internal tensions over the platform’s lax safety guardrails.
Meta has hired Bill McGinley, a lawyer who served as top counsel for Elon Musk’s DOGE and worked on Trump’s “election integrity” team. The $120,000 lobbying hire is the latest move in Meta’s full-scale political realignment towards Trump’s Washington.
Apple is forecasting a record-breaking Q1 2026, with earnings details set for release on January 29th. The call, at 5 p.m. ET, comes after a quarter packed with new hardware and bullish analyst upgrades.
Raspberry Pi Connect is the new official way to access your Pi desktop, but it’s not the only game in town. For users who want more control, better performance, or a simpler local setup, several mature alternatives exist. This guide breaks down five powerful options, including WayVNC, xrdp, RustDesk
