Author: GT

OpenAI on Monday launched a new family of models called GPT-4.1. Yes, “4.1” — as if the company’s nomenclature wasn’t confusing enough already. There’s GPT-4.1, GPT-4.1 mini, and GPT-4.1 nano, all of which OpenAI says “excel” at coding and instruction following. Available through OpenAI’s API but not ChatGPT, the multimodal models have a 1-million-token context window, meaning they can take in roughly 750,000 words in one go (longer than “War and Peace”). GPT-4.1 arrives as OpenAI rivals like Google and Anthropic ratchet up efforts to build sophisticated programming models. Google’s recently released Gemini 2.5 Pro, which also has a 1-million-token…

Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver’s licenses. The rental company, which also owns the Dollar and Thrifty brands, said in notices on its website that the breach relates to a cyberattack on one of its vendors between October 2024 and December 2024. The stolen data varies by region, but largely includes Hertz customer names, dates of birth, contact information, driver’s licenses, payment card information, and workers’ compensation claims. Hertz said a smaller number of customers had their Social Security numbers taken in the breach, along with…

BANGKOK (AP) — The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. The Department of Commerce posted notices about the probes late Monday on the Federal Register, seeking public comment within three weeks. It had not formally announced them earlier. Although President Donald Trump paused most of his biggest tariff hikes last week for 90 days, apart from those for imports from China, he has said he still plans tariffs on pharmaceutical drugs, lumber, copper and computer chips. The Commerce Department said…

The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024, according to a report from Galaxy Digital published on April 14. This decline began in 2022, following the collapse of several major centralized finance (CeFi) lenders including Genesis, Celsius Network, BlockFi, and Voyager. These firms filed for bankruptcy as crypto prices fell, leading to a significant reduction in both the supply and demand for crypto loans. The impact on CeFi lending was severe. At its peak in 2022,…

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.Nurphoto | Nurphoto | Getty ImagesOil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion.Britain’s beleaguered energy giant, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a fundamental reset.Seeking to rebuild investor confidence, BP in February pledged to slash renewable spending and boost annual expenditure on its core business of…

Neptune is one of the newest short-form video apps on the block seeking to compete with major players like TikTok, Instagram Reels, and YouTube Shorts.  The app, currently in beta, has attracted attention from hundreds of thousands of users, with 970 testers participating and 400,000 people on the waitlist, per the company. Neptune announced Monday that it’s preparing to launch the app on the App Store next week, with plans to roll out on the Google Play Store in about six months. The startup was founded by Ashley Darling, who has a background as a talent director at the OPTYX…

The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the U.S. App Store. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually works. The clothing, handbags, and other accessories that many people assumed were made in Europe originate from factories in China, the videos explain. As a result of the trend, the Chinese wholesale marketplace app DHgate surged to become the No. 3 top free iPhone app in the U.S.…

On Monday, Apr 15, President Donald Trump stated he may permit temporary exemptions to tariffs on imported vehicles and parts to allow more time for automobile manufacturers to shift production to the United States. Since Trump’s ongoing trade actions have increased costs and disrupted supply chains, the timing for potential relief could not be better for Detroit’s champions—Ford, GM, and Stellantis. “They need a little bit of time,” Trump said from the Oval Office. “They’re switching to parts made in Canada, Mexico, and other places, and they’re going to make them here.” While the President did not indicate how long…

Shared micromobility company Lime has reached an agreement to send batteries used in its scooters and e-bikes to Redwood Materials, which will extract and recycle critical minerals such as lithium, cobalt, nickel, and copper. The agreement announced Monday makes Redwood Materials the exclusive battery recycling partner for Lime’s shared scooters and e-bikes located in cities throughout the United States, Germany, and the Netherlands. The agreement doesn’t cover every region in which Lime operates, a list that includes cities throughout Europe, Asia, and Australia. Lime has had other recycling partnerships in the past, notably with Sprout via its downstream vendors. However,…

Bitcoin ETFs have faced persistent outflows throughout April, with investors pulling money from the products despite the recent price recovery, according to data from U.K.-based asset manager Farside Investors. The outflows have been nearly consistent across the month, with all but one day in April recording outflows from the various Bitcoin ETFs. Total April outflows reached $812.3 million as of Friday, with BlackRock’s iShares Bitcoin Trust (IBIT) leading the exodus at $393.2 million withdrawn. The Grayscale Bitcoin Trust ETF (GBTC) has also experienced large outflows, with $256.4 million leaving the fund during this period, according to Farside. The Fidelity Wise…