Author: GT

Not so long ago, the idea of public tech companies emerging from Latin America seemed far-fetched, and Mercado Libre once appeared as rare and mythical as a true unicorn. Today, however, the region is home to several startups that have reached billion-dollar valuations. Some of these startups, propelled into the spotlight by cross-border expansion, are now recognized beyond their home countries, with Nubank notably going public in the U.S.  Yet, there is a broader cohort of Latin American scale-ups that deserve attention; many in fintech, but not exclusively. Other important sectors include e-commerce, health tech, logistics, proptech, and SaaS. Some…

Jeffrey Sanders / 500px | 500px | Getty ImagesOn Inauguration Day, President Donald Trump issued an executive order indefinitely halting permits for new onshore wind energy projects on federal land, as well as new leases for offshore wind farms in U.S. coastal waters. The action not only fulfilled Trump’s “no new windmills” campaign pledge, but struck yet another blow to the wind industry, which has been hit hard over the past few years by supply chain snags, price increases upending project economics, public opposition and political backlash against federal tax credits, especially those spurring the fledgling offshore wind sector.Nonetheless, the…

With Bitcoin (CRYPTO: BTC) looking as if it’s regaining momentum, there’s reason to believe there’s a new tailwind helping it along, as well as potential catalysts on the horizon. Let’s take a look at both of those factors because they’re both related to China and its Bitcoin policies. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Despite it being illegal to mine and trade Bitcoin in China since 2021, 21.1% of the world’s Bitcoin is produced in the country. That means whatever Bitcoin-related policies China pursues…

CAMBRIDGE, Mass. (AP) — After retreating from their workplace diversity, equity and inclusion programs, tech companies could now face a second reckoning over their DEI work in AI products. In the White House and the Republican-led Congress, “woke AI” has replaced harmful algorithmic discrimination as a problem that needs fixing. Past efforts to “advance equity” in AI development and curb the production of “harmful and biased outputs” are a target of investigation, according to subpoenas sent to Amazon, Google, Meta, Microsoft, OpenAI and 10 other tech companies last month by the House Judiciary Committee.And the standard-setting branch of the U.S.…

Dogecoin (CRYPTO: DOGE) is one of the most popular meme coins in the crypto world, often getting a boost from Tesla Chief Executive Officer Elon Musk, who pumps up the digital currency either directly or indirectly, normally via social media. Dogecoin investors initially reacted positively to news that Donald Trump won last year’s election, especially given Musk’s close relationship with the new president. One of the biggest changes involving the government this year was the creation of the initiative called the Department of Government Efficiency — which is often referred by its acronym, DOGE, not unlike how people refer to…

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI’s $40 billion raise last month. The funding could help alleviate X’s substantial debt burden, which is costing the company a whopping $200 million monthly in servicing fees, per Bloomberg’s sources, with annual interest expenses exceeding $1.3 billion by the end of last year. A raise…

Instagram Edits, Meta’s newly released video creation app, had a bigger debut than its direct competitor, ByteDance’s CapCut, once did. The new app, which today helps users craft videos for Instagram reels, stories, and other social posts, was downloaded an estimated 702,900 times on iOS devices during its first two days on the market. That’s around 37 times more downloads on iOS than CapCut saw in its first two days of availability, according to data from app intelligence provider Appfigures. As of Thursday, Edits had grown to 1.2 million iOS downloads and 5.9 million downloads on Android, for a total…

Move over, PayPal mafia: There’s a new tech mafia in Silicon Valley. As the startup behind ChatGPT, OpenAI is arguably the biggest AI player in town. Its meteoric rise to a $300 billion valuation has spurred many employees to leave the AI giant to create startups of their own. The hype around OpenAI is so high that some of these startups, like Ilya Sutskever’s Safe Superintelligence and Mira Murati’s Thinking Machines Lab, have been able to raise billions of dollars without even launching a product.  But there are lots of other startups in the OpenAI mafia ecosystem. These range from…

A new app called Lately launched on the App Store a few weeks ago, targeting people with ADHD to help them arrive on time and rewarding them for doing so. The service is designed to help users manage their travel plans by notifying them when it’s time to leave for a trip, sending reminders 30 minutes, 10 minutes, and 5 minutes before departure. It also features Live Activities on iPhone and Apple Watch that display a countdown to leave. To encourage timely departures, Lately employs a point reward system with four difficulty levels. The easiest level, “Goldfish,” awards users 3…

Perhaps no one in the world has made such catastrophic tech flubs this year as U.S. Secretary of Defense Pete Hegseth. The saga started when the editor-in-chief of The Atlantic, Jeffrey Goldberg, reported that he had been mistakenly added to an unauthorized Signal group chat by U.S. National Security Advisor Michael Waltz, where numerous high-ranking government officials discussed detailed plans for attacking the Houthis in Yemen, including the times and places where such attacks would occur. To be fair, we’ve all made some embarrassing tech mistakes. But for most people, that means accidentally liking an ex’s Instagram post from five…