Category: Consumer Assistance

Maxwell Zeff / TechCrunch: Amazon’s AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK  —  Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple…

Reuters: How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales  —  As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture …

Michael J. de la Merced / New York Times: Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders  —  The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.

Georgina Quach / Financial Times: Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown  —  Industry-led initiative promises to beat existing scam-monitoring systems  —  Britain’s biggest banks, technology and telecoms companies …

Reuters: TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion  —  TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island’s economy and that it will continue …

Karin Matussek / Bloomberg: Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia’s video tech in Prime Video and its devices, without disclosing the terms  —  The agreement covers the use of Nokia video technologies in Amazon’s streaming services and devices, resolving all patent litigation globally …

Vicky Ge Huang / Wall Street Journal: Eric and Donald Trump Jr.’s American Data Centers plans to merge with Hut 8’s American Bitcoin and take a 20% stake, aiming to create the world’s largest miner  —  A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled…

Zack Abrams / The Block: PumpSwap, a new DEX launched by Pump.fun’s creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem  —  – PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days …

Financial Times: Nasdaq-listed Chinese self-driving company WeRide, which reported a ~$260M loss in 2023 and a ~$344M loss in 2024, warns profitability is “difficult to predict”  —  Nasdaq-listed autonomous vehicle company says government regulation and local partners are key to ending years of losses

Amrith Ramkumar / Wall Street Journal: An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by the Senate on March 25, on US plans to counter Beijing on AI  —  Michael Kratsios will work to counter Beijing without disrupting U.S. businesses  —  WASHINGTON—Many Trump …