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Take-Two Interactive is in talks to sell its adtech division Chartboost. The sale aligns with Take-Two's focus on premium or 'AAA' gaming assets. AppLovin and LoopMe are potential buyers. Talks [...]

TLDR Consensys announces 20% workforce reduction in October 2024 Company cites challenging economic conditions including inflation and regulatory pressure Restructuring aims to transform core products (MetaMask and Linea) into decentralized [...]

Metaplanet, the (https://news.bitcoin.com/metaplanet-buys-106-btc-total-holdings-now-valued-at-56m/) Tokyo-listed investment company known for continuing Bitcoin purchases, is well on track to hit its 1,000 BTC target after (https://blockonomi.com/metaplanets-bitcoin-holdings-surge-past-855-btc-as-cryptocurrency-price-breaks-65000-barrier/) acquiring an additional 106.976 BTC this week. [...]

YouTube group Dude Perfect, known for viral stunts, has hired its first CEO. Former NBA exec Andrew Yaffe has joined the team to help grow the business beyond YouTube. Yaffe [...]

While the convenience of online shopping is undeniable, brick-and-mortar stores remain an essential part of the consumer experience. In-store shopping has evolved over the last few years, with consumers expecting [...]

Elon Musk set out SpaceX's timeline for getting humanity to Mars this week. He said SpaceX plans to send five Starship rockets to Mars in 2026, with crewed missions following [...]

Aspiring solopreneurs and small business owners are being offered a life-changing opportunity to accelerate their entrepreneurial dreams, thanks to Adobe’s new Manifest-o Method. This framework, designed by experienced business professionals [...]

It's not easy being a manager in the tech industry right now. Amazon is the latest company to reduce the number of supervisors and flatten its operations. Meta, Shopify, and [...]

Timefold, a Belgian startup, has raised $6.7 million to enhance its AI scheduling platform. Timefold uses AI to optimize planning for industries like transport and logistics. Lakestar, a VC fund, [...]

Amazon aims to increase the ratio of workers to managers by 15% by the first quarter of 2025. The goal is to streamline operations and eliminate unnecessary processes and overhead. [...]

Amazon's '60 Day Hustle' features young entrepreneurs competing for a $100,000 prize. The show is fully financed by brands like BetterHelp, Chime, and Square. Sonic Gods Studios, the producer, integrates [...]

TLDR OpenAI has warned that users may form social bonds with ChatGPT’s new Voice Mode feature. The company’s safety evaluations revealed instances of users developing connections with the AI model. [...]

Andrew Martin serves as the CEO of SMEB, a pioneering fintech company dedicated to supporting small businesses across the UK. SMEB, which stands for Small & Medium Enterprise Banking, was [...]

Pawfury’s $4.5 million presale success highlights robust community support and growth potential in the memecoin sector. Shiba Inu (SHIB) shows potential for recovery with strong accumulation signals and significant investor [...]

BYD said it's partnering with Uber for drivers to lease 100,000 electric vehicles. The companies also plan to collaborate on autonomous driving. The partnership elevates BYD, which faces competition from [...]

In December, Amazon projected more than $1 billion in losses from its healthcare business. The forecasts, from an internal document, also included $3 billion in revenue for 2024. Amazon is [...]

Female Invest, a fintech startup, has raised $11.2 million in funding to expand operations. Founded in 2019, the platform offers trading and investing education for women globally. The company plans [...]

Luxury sports car manufacturer Ferrari (https://www.reuters.com/technology/ferrari-extends-cryptocurrency-payment-system-europe-after-us-launch-2024-07-24/) announced it will expand the ability to pay with Bitcoin and crypto to its European dealerships starting this month. The move comes after Ferrari [...]

TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees for up to 6 months or until the fund reaches [...]

TLDR Figma has temporarily disabled its AI-powered “Make Design” feature after accusations of copying Apple’s Weather app design. The controversy arose when developer Andy Allen demonstrated that the AI tool [...]

Candle Media, the Blackstone-backed studio run by Tom Staggs and Kevin Mayer, is planning to cut costs and reorganize its business, (https://www.semafor.com/article/07/02/2024/blackstone-backed-candle-media-cuts-back-for-a-changed-reality) Semafor reported on Tuesday. The company plans to [...]

The Jim Henson Company is losing one of its most iconic assets, as it is currently in the process of selling its iconic Jim Henson Company Lot, previously A&M Studios [...]

TikTok is making AI-generated avatars for ads, built on the likenesses of paid actors and creators. The feature is meant to help brands and creators make content faster and in [...]

TLDR GameStop raised approximately $2.14 billion through an at-the-market equity offering, selling the maximum 75 million shares registered under the program at an average price of around $28.50 per share. [...]

(https://foldapp.com/) Fold recently released its Direct to Bitcoin feature as part of a set of features that the team at Fold calls its Bitcoin Checking Account. Fold Users can now [...]

Tim Cook is preparing to announce Apple's AI plans at WWDC next month. Reports suggest he's planning to announce a partnership with OpenAI or Google. Recent developments highlight how they [...]

Novo Nordisk said it will cut prices of Wegovy amid rising sales and competition. Sales of the blockbuster drug more than doubled in the first quarter year-on-year. Novo faces competition [...]

(https://www.businessinsider.com/tesla-ceo-elon-musk) Elon Musk announced a 10% Tesla workforce reduction in an email to staff on Sunday night. The carmaker denied reports they'd cut roughly 25% of their Berlin workers. But [...]

RV-rental platform Outdoorsy is expanding its real estate portfolio with new ' (https://www.businessinsider.com/photos-luxury-campground-airstream-hotel-rooms-doubling-properties-2022-7) glamping' properties. Its third outpost in the Texas Hill Country opened in late March, starting at $350 [...]

A Japanese company plans to halt baby diaper production in favor of adult diapers. The shift in business strategy is due to Japan's declining birth rate and aging population. The [...]

Apple is facing an antitrust lawsuit from the US Department of Justice. The lawsuit argues Apple's tactics have limited the success of other smartphone companies. Representatives for Apple told BI [...]

In a move to cut costs and simplify operations, Deloitte, the world's largest professional services firm by revenue, is embarking on its most significant restructuring in a decade. The overhaul [...]

Coverdash, a New York-based embedded insurance startup, has raised $13.5 million. The startup offers insurance products via partners to SMEs. The company plans to use the Series A funding to [...]

San Francisco-based Vocode has raised $3.25 million in seed funding. Founded in 2023, Vocode is a Y Combinator-backed conversational AI startup. The company offers open-source products for developers to create [...]

Google is renaming its AI assistant Bard to Gemini. It's also finally giving users access to Gemini Ultra, its most powerful AI model yet. Google vice president Sissie Hsiao explains [...]

British startup carrier (https://www.businessinsider.com/onlyfans-tom-stokely-joins-airline-startup-global-airlines-2024-1) Global Airlines said it has taken full ownership of an Airbus A380 aircraft. The company plans to launch transatlantic operations between the US and the UK [...]

Adidas says it plans to sell its remaining stocks of Yeezy sneakers worth nearly $300 million. It wants to sell them 'at least at cost,' it said. It will only [...]

Ceezer just raised 10.3 million euros, around $11.2 million, in Series A funding. The fresh round was led by HV Capital, which has backed Zalando, Delivery Hero, and Depop. We [...]

Reddit, the social media platform that bred the meme stock craze, is going public in March. The company plans to file in February and complete its IPO by the end [...]

Hertz plans to sell off 20,000 electric vehicles from its rental fleet. The company said the cars repair costs were a factor in its decision. Rental companies still need to [...]

Xerox plans to cut 15% of its workforce early this year. Its new strategy will focus on business services over hardware sales. The layoffs show how the digital age is [...]

Travis Kelce's business managers, Andr and Aaron Eanes, had a plan to make him 'world famous.' The brothers told (https://www.nytimes.com/2024/01/02/style/travis-kelce-managers-agent.html) The New York Times they spent years developing Kelce's brand [...]

Todd Graves opened the first Raising Cane's in Louisiana on August 28, 1996. He wrote a business plan for a chicken fingers chain as a college assignment. He got a [...]

China is taking the competition to Elon Musk in the space race. China will launch the first satellites in a new low-orbit network next month. The 300 satellites will orbit [...]

Chip City has a goal to open 40 locations by the end of the year. The (https://www.businessinsider.com/chips-gooey-cookies-have-cult-following-chip-nyc-2019-11) cookie chain is known for its unique and seasonal flavors. I visited the [...]

Adtech startup Sincera, which offers metadata to other adtech firms, raised $4.2 million in funding. The company plans to grow its team and access more compute through its cloud providers. [...]

An Oakland, California--based startup has a business plan that sounds like modern alchemy: turning seawater into metal, and using it to build cars, airplanes, satellites, and drones. Magrathea Metals, named [...]

Elon Musk has a new AI company called xAI. The company launched last week with a mission to 'understand the true nature of the universe.' Musk said it would tackle [...]

Pete Buttigieg warned of 'a real risk of delays or cancellations' as a 5G deadline approaches, per the WSJ. Telecom companies plan to boost their 5G power levels on July [...]