Author: GT

The Federal Trade Commission (FTC) filed a complaint against Sendit, an anonymous question app that became popular with Gen Z and younger, for unlawfully collecting children’s data, deceiving users about who sent them messages, and tricking users into buying memberships. On Sendit, users — who are mostly teens — can send each other anonymous questions via integrations with Instagram, TikTok, or Snapchat. Several apps like this have cropped up over the years, including YOLO and LMK, which were suspended on Snapchat in 2021 due to a lawsuit over a child’s suicide. After that suspension, Sendit quickly gained 3.5 million downloads,…

South Korea is world-famous for its blazing-fast internet, near-universal broadband coverage, and as a leader in digital innovation, hosting global tech brands like Hyundai, LG, and Samsung. But this very success has made the country a prime target for hackers and exposed how fragile its cybersecurity defenses remain.   The country is reeling from a string of high-profile hacks, affecting credit card companies, telecoms, tech startups, and government agencies, impacting vast swathes of the South Korean population. In each case, ministries and regulators appeared to scramble in parallel, sometimes deferring to one another rather than moving in unison.  Critics argue that…

The headquarters of the Abu Dhabi National Oil Co. (ADNOC), right, and Etihad Towers, center, surrounded by residential and commercial properties in Abu Dhabi, United Arab Emirates, on Sunday, April 10, 2022. It is not just about the oil production that countries need to pay attention to, but also investments in renewables, Alhmeri affirmed.Christopher Pike | Bloomberg | Getty ImagesGlobal private-equity giant KKR has expanded its partnership with the Abu Dhabi National Oil Company, acquiring a minority stake in ADNOC Gas Pipeline Assets.That ADNOC subsidiary operates 38 gas pipelines and two export terminals in the United Arab Emirates. KKR did…

Toyota is looking for the next new thing in mobility, climate, AI, and industrial automation. Its answer is $1.5 billion in new capital that will focus on, and invest in, the life cycle of startups — from the first seeds of an invention through its growth stage and eventually to mature companies. Toyota made two related announcements Tuesday that provide a snapshot of the company’s growing interest in the startup ecosystem. It also hints at how those startups, and their inventions, may play a part in Woven City, a prototype city located on a 175-acre site at the foot of…

Starbase is a city without a police department, but not without police. For months, Cameron County sheriff’s deputies have patrolled the roads and beaches surrounding SpaceX’s sprawling rocket facility in South Texas. Now, less than a year after Starbase residents voted to incorporate, the city has signed formal agreements making those deputies its de facto police force and Cameron County jails the destination for anyone arrested within city limits. The two interlocal deals, approved in September and effective beginning Wednesday, are sweeping. One requires Cameron County to dedicate eight deputies to Starbase, though only two will patrol the city during…

The U.S. Department of Energy has taken equity stakes in Canadian company Lithium Americas and its Nevada mining joint venture with General Motors as part of a renegotiation of a federal loan. Under the new terms, the U.S. government will take a 5% equity ownership in Lithium Americas and a 5% ownership in the Lithium Americas-GM joint venture. The equity stakes will be acquired through no-cost warrants, which are financial instruments that give the government the right to purchase shares at a set price. The new terms came out of a renegotiation with the DOE’s Loan Programs Office over a…

In windswept, remote Thacker Pass in the far northern reaches of Nevada permits approved for a massive lithium mine, proposed by Lithium Americas Corp., are drawing impassioned protest from the local indigenous population, ranchers, and environmentalists. Carolyn Cole | Los Angeles Times | Getty ImagesShares of Lithium Americas popped more than 35% in extended trading Tuesday after U.S. Energy Secretary Chris Wright told Bloomberg that the U.S. government will take a small stake in the company.The U.S. Department of Energy plans to take a 5% equity stake in Lithium Americas and a separate 5% stake directly in the Canadian miner’s Thacker Pass…

On Monday, Anthropic launched a new frontier model called Claude Sonnet 4.5, which it claims offers state-of-the-art performance on coding benchmarks. The company says Claude Sonnet 4.5 is capable of building “production-ready” applications, rather than just prototypes, representing a leap in reliability from previous AI models. Claude Sonnet 4.5 will be available via the Claude API and in the Claude chatbot. The pricing for developers is the same as Claude Sonnet 4: $3 per million input tokens (roughly 750,000 words, or more than the entire “Lord of the Rings” series) and $15 per million output tokens. In the last year,…

If the future of the internet looks like a constant stream of amusing videos generated by artificial intelligence, then OpenAI just placed its stake in an emerging market.The company behind ChatGPT released its new Sora social media app on Tuesday, an attempt to draw the attention of eyeballs currently staring at short-form videos on TikTok, YouTube or Meta-owned Instagram and Facebook.The new iPhone app taps into the appeal of being able to make a video of yourself doing just about anything that can be imagined, in styles ranging from anime to highly realistic. But a scrolling flood of such videos…

A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty ImagesThe European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods.The forthcoming step, which has the potential to completely transform global trade, comes as part of the bloc’s efforts to slash greenhouse gas emissions from heavy industries and promote cleaner production processes across the globe.Starting from Jan. 1 next year, the EU’s Carbon Border Adjustment Mechanism (CBAM) will impose a cost…