Kaustuv Basu / Bloomberg Law:
Workers at AI companies seek specific whistleblower protections, arguing that AI advancements pose threats that they can’t legally expose under current US laws — Search by Topic — Whistleblowing By Employee Artificial Intelligence Tax Evasion Medicaid Fraud — Search by Company
The UK launches a platform with guidance and practical resources to help businesses conduct impact assessments and evaluations of the safety of new AI systems (Anna Gross/Financial Times)
Anna Gross / Financial Times:
The UK launches a platform with guidance and practical resources to help businesses conduct impact assessments and evaluations of the safety of new AI systems — Science and tech secretary Peter Kyle wants country to be global leader in testing safety of new technology
A ~12% stock rally on November 5 lifted Reddit’s market cap to $21.5B, making Reddit more valuable than Snap, which has 4x as many users and 4x as much revenue (Martin Peers/The Information)
Martin Peers / The Information:
A ~12% stock rally on November 5 lifted Reddit’s market cap to $21.5B, making Reddit more valuable than Snap, which has 4x as many users and 4x as much revenue — You’re likely distracted right now by election results, which have surely started rolling in as you’re reading.
Dogecoin and other memecoins rise as Trump gets closer to victory; memecoins and AI-related tokens outperformed the crypto market in the lead-up to Election Day (Tanaya Macheel/CNBC)
Tanaya Macheel / CNBC:
Dogecoin and other memecoins rise as Trump gets closer to victory; memecoins and AI-related tokens outperformed the crypto market in the lead-up to Election Day — Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term.
GOP’s Bernie Moreno, a blockchain entrepreneur, defeats Senate Banking Chair Sherrod Brown in Ohio Senate race, where crypto PACs directed $40M to defeat Brown (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
GOP’s Bernie Moreno, a blockchain entrepreneur, defeats Senate Banking Chair Sherrod Brown in Ohio Senate race, where crypto PACs directed $40M to defeat Brown — Crypto fans are celebrating the results of the Ohio Senate race, where blockchain entrepreneur Bernie Moreno …
A PeakMetrics analysis of ~25K posts on X discussing election fraud in battleground states on November 5 finds that ~60% of posts were focused on Pennsylvania (Stuart A. Thompson/New York Times)
Stuart A. Thompson / New York Times:
A PeakMetrics analysis of ~25K posts on X discussing election fraud in battleground states on November 5 finds that ~60% of posts were focused on Pennsylvania — More than 60 percent of posts discussing election fraud on X on Tuesday focused on the state, according to an analysis of about 25,000 posts.
Bitcoin passes $74K to reach an all-time high amid Donald Trump’s early lead in the 2024 US presidential race; bitcoin is up nearly 70% year-to-date (The Block)
The Block:
Bitcoin passes $74K to reach an all-time high amid Donald Trump’s early lead in the 2024 US presidential race; bitcoin is up nearly 70% year-to-date — – The largest cryptocurrency by market cap has gained nearly 70% year-to-date and reached a new all-time high today, as the market processes …
In a lawsuit, the US FTC accuses fintech startup Dave of misleading struggling borrowers about its cash advances’ terms, charging undisclosed fees, and more (Liz Hoffman/Semafor)
Liz Hoffman / Semafor:
In a lawsuit, the US FTC accuses fintech startup Dave of misleading struggling borrowers about its cash advances’ terms, charging undisclosed fees, and more — The Scoop — US federal regulators accused a popular financial app of targeting struggling borrowers and misleading them about the terms …
Nintendo says its unannounced Switch successor will be able to play current Switch games and have carryover for Switch Online services and accounts (Ash Parrish/The Verge)
Ash Parrish / The Verge:
Nintendo says its unannounced Switch successor will be able to play current Switch games and have carryover for Switch Online services and accounts — Nintendo hasn’t announced its Switch successor yet, but we do know one thing for sure: it will be able to play current Switch games …
Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours (Yoolim Lee/Bloomberg)
Yoolim Lee / Bloomberg:
Coupang reports Q3 revenue up 27% YoY to $7.9B, net retail sales of $6.14B, vs. $6.24B est., and operating income below projections; CPNG drops 8% after hours — – The company faces challenges from Alibaba and Temu in Korea — Coupang’s online luxury firm Farfetch was near breakeven
