TikTok has reached a deal to cede a substantial portion of its U.S. operations to a group of American investors. This move ends a years-long tussle with the federal government, which has sought to force the platform to make such…
Apple released an updated developer license agreement on Wednesday. This agreement grants the company permission to recoup unpaid funds, such as commissions or other fees, by deducting them from in-app purchases it processes on developers’ behalf, among other methods. The…
In this episode of Build Mode, founders Gabriel Sanchez of Enspectra Health and Tom Harries of Earth Funeral share what it takes to build in heavily regulated industries. In these fields, the common startup mantra of “move fast and break…
Instacart has agreed to pay 60 million dollars in refunds to settle allegations from the U.S. Federal Trade Commission that it used deceptive advertising. The FTC accused the company of misleading consumers with unlawful tactics, resulting in customers paying higher…
Pickle Robot, a company that builds autonomous unloading robots for warehouses and distribution centers, has appointed a new chief financial officer. This announcement comes just days after a report of a major new deal with UPS. The Charlestown, Massachusetts-based company…
App developers aiming to launch their programs in ChatGPT can now submit them for review and potential publication, OpenAI announced Wednesday. The company also introduced a new app directory within ChatGPT’s tools menu, which has quickly been called an “app…
ChatGPT has reached a new milestone of three billion dollars in worldwide consumer spending on mobile devices. This estimate comes from the app intelligence provider Appfigures. The figure represents the total spending on iOS and Android since the app launched…
The AI talent wars show no signs of slowing, with companies making headlines weekly for their latest high-profile hires. This includes engineers poached from competitors and entire teams acquired, but also, increasingly, senior executives who can support these firms as…
Ethereal Exploration Guild, an Indian space tech startup better known as EtherealX, is close to securing about $21 million in a new funding round. The round is co-led by TDK Ventures, with participation from Accel and Vietnam-based venture capital firm…
The last decade is filled with examples of fintechs that have reshaped how U.S. businesses manage money. Brex simplified corporate cards. Ramp automated spend controls. Mercury rebuilt startup banking. But this wave of financial innovation has largely skipped one major…
