VC world rocked by allegations against Carta, a fintech as core to startups as SVB

Carta, a fintech startup that rode its message of democratizing startup ownership to a $7.4 billion valuation, is facing mounting blowback after a client accused one of the company’s sales employees of trying to use confidential customer information to broker trades.

Carta has been celebrated by Fast Company and others for giving startup employees the tools to reap the benefits when their companies go public. It primarily makes software used by many early-stage ventures to tr

The media industry had a brutal 2023. This year could be just as bad

The media industry ended 2023 in rough shape, with a series of layoffs that saw more than 20,000 people lose their jobs. So what do the next 12 months have in store for journalism and the sector at large? Each year, the Reuters Institute for the Study of Journalism at the University of Oxford releases its predictions for the year ahead, courtesy of senior research associate Nic Newman.

Unfortunately, Newman’s forecast—which is based on a survey of 314 media leaders fro

Judges in England and Wales can now use AI in writing legal opinions

England’s 1,000-year-old legal system—still steeped in traditions that include wearing wigs and robes—has taken a cautious step into the future by giving judges permission to use artificial intelligence to help produce rulings.

The Courts and Tribunals Judiciary last month said AI could help write opinions but stressed it shouldn’t be used for research or legal analyses because the technology can fabricate information and provide misleading, inaccurate an

ULA Vulcan rocket launch trajectory: First U.S. lunar lander in 50 years is on its way to the moon

The first U.S. lunar lander in more than 50 years rocketed toward the moon Monday, launching private companies on a space race to make deliveries for NASA and other customers.

Astrobotic Technology’s lander caught a ride on a brand new rocket, United Launch Alliance’s Vulcan. The Vulcan streaked through the Florida predawn sky, putting the spacecraft on a roundabout route to the moon that should culminate with an attempted landing on February 23.

“So,

Instacart is bringing ads to its smart carts

Instacart is rolling out ads on its AI-powered shopping carts, the company said Monday. It pushes the grocery delivery company even further into the ever-important, revenue-generating advertising segment that’s bolstered the company’s bottom line.

Instacart will start piloting ads on its Caper Carts at Good Fold Holdings’ Bristol Farms stores in Southern California. Launch partners include Del Monte Foods, Dreyer’s Grand Ice Cream, and General Mills, the

How AI companies are trying to solve the LLM hallucination problem

Large language models say the darnedest things. As much as large language models (LLMs for short) like ChatGPT, Claude or Bard have amazed the world with their ability to answer a whole host of questions, they’ve also shown a disturbing propensity to spit out information created out of whole cloth. They’ve falsely accused someone of seditious conspiracy, leading to a lawsuit. They’ve made up facts or fake scientific studies. These are hallucinations, a term that has gener

How America’s most influential corner store picked 2024’s next hot snacks

If you haven’t heard of Geem seaweed snacks or Ting’s Jackfruit Chips just yet, chances are you will very soon.

The two snack brands are among the winners of Foxtrot Market’s 2023 Up and Comers Awards announced last week, a competition to find the tastiest, most interesting, and compelling new food brands in America.

Ever since the first Foxtrot store opened in Chicago’s West Loop neighborhood in 2015, the convenience store has stocked its shelv

IBM built the biggest, coolest quantum computer. Now comes the hard part

The world’s largest quantum computer system is quietly humming away, doing god knows what, in the middle of a low-slung conference room, just off the lobby of a building in Westchester County, New York.

This is the Thomas J. Watson Research Lab, which gave birth to the modern laser, DRAM, Mandelbrot set, Deep Blue chess-famous computer, Jeopardy-winning Watson computer, and a host of things that helped the astronauts land on the moon. Perched atop a hill in Yorktown Heights,

Amazon, Best Buy, Target, and Walmart membership programs compared

Where Amazon Prime dared to go starting almost two decades ago, other big retailers with online presences have followed. Now consumers have more options than ever when it comes to premium shopping experiences.

Here’s a look at the programs on offer from four big retailers: Amazon Prime, My BestBuy, Target Circle, and Walmart+. There’s a little something for everyone, from members-only savings to expedited shipping and a whole lot more—all at various yearly price

The true meaning of the term ‘Luddite’

The term Luddite emerged in England in the early 1800s. At the time there was a thriving textile industry that depended on manual knitting frames and a skilled workforce to create cloth and garments out of cotton and wool. As the Industrial Revolution gathered momentum, however, steam-powered mills threatened the livelihood of thousands of artisanal textile workers.

Faced with an industrialized future that threatened their jobs and their professional identity, a growi


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