A look at the burgeoning drone software and AI industry, a focus for an estimated 65 US startups, often for military uses — Networked drones predicted to unleash host of new applications — In San Diego, the defence start-up Shield AI is designing software that will fly drones without any human involvement.
OpenAI calls DeepSeek "state-controlled" and recommends that the US consider banning "PRC-produced" models that "violate user privacy and create security risks" (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
OpenAI calls DeepSeek “state-controlled” and recommends that21Shares plans to liquidate two actively managed bitcoin and ether futures ETFs, following $1.66B in outflows from US-listed spot bitcoin ETFs this month (Francisco Rodrigues/CoinDesk)
Francisco Rodrigues / CoinDesk:
21Shares plans to liquidate two actively managed bitcoiSources: US Commerce Dept. plans changes to Biden's $42.5B broadband grant program, to let states award more funds to satellite-internet providers like Starlink (Patience Haggin/Wall Street Journal)
Patience Haggin / Wall Street Journal:
Sources: US Commerce Dept. plans changes to BidePavel Durov says Telegram now has 1B+ MAUs, up from 950M in July 2024, and made $547M in profits in 2024, and calls WhatsApp "a cheap, watered-down imitation" (Ivan Mehta/TechCrunch)
Ivan Mehta / TechCrunch:
Pavel Durov says Telegram now has 1B+ MAUs, up from 950M in JuBlock says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
Block says it is expanding consumer lending through Cash App Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz (Gillian Tan/Bloomberg)
Gillian Tan / Bloomberg:
Source: Insight Partners is set to reap ~$2.7B from the pendin
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