Apple becomes a debt collector with its new developer agreement

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…

Instacart to pay $60M to settle FTC claims it deceived consumers

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 adds Tesla veteran as first CFO

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…

ChatGPT’s mobile app hits new milestone of $3B in consumer spending

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…

Why British politicians are flocking to American tech giants

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…