Business & Technology
AI, startups, big tech, innovation, enterprise trends
Tensions are brewing as the tech industry grapples with the balance between profit and ethical responsibility, exemplified by the contrasting narratives emerging from the OpenAI trial, where Elon Musk accuses Sam Altman of abandoning the company's nonprofit roots. Meanwhile, economic indicators show resilience in sectors like retail and energy, with Starbucks reporting strong sales despite rising operational costs, and Canada projecting economic growth while diversifying beyond its reliance on the U.S. These dynamics highlight an ongoing struggle for companies to navigate profitability while addressing broader societal issues, all against the backdrop of fluctuating energy prices and geopolitical tensions.
Articles
- Salmon raises $100M in equity and debt to bring digital credit to underbanked Filipinos
Salmon has secured $100 million in equity and debt funding to provide digital credit solutions for underbanked Filipinos, aiming to address the challenges faced by those with limited credit histories and dissatisfaction with traditional lenders.
- Vercel says some of its customers’ data was stolen prior to its recent hack
Vercel has discovered a second compromise of customer accounts, revealing that some customer data was stolen prior to its recent hack, as the company expands its investigation into the initial breach from early April.
- Another customer of troubled startup Delve suffered a big security incident
Delve, a compliance company, is under scrutiny after its client Context AI revealed a significant security incident, raising concerns about the effectiveness of its security certifications.
- Grab a ticket today: The first StrictlyVC of 2026 kicks off in just a week in San Francisco
StrictlyVC San Francisco is set to take place on April 30, 2026, at the Sentro Filipino Cultural Center, offering a networking opportunity for VCs and founders.
- Labor unrest at Samsung may worsen memory chip supply issues
Labor unrest at Samsung, with tens of thousands of workers rallying for a potential 18-day strike, could exacerbate existing supply issues in the memory chip market.
- Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
Tesla has rescinded Elon Musk's $29 billion 'interim' award after a Delaware court reinstated his original $56 billion compensation package, ensuring he won't receive both payouts.
- WhatsApp adds prepaid phone recharges in India as its payments usage still lags
WhatsApp is expanding its services in India by introducing prepaid phone recharges through PayU, aiming to boost its payment usage among its 500 million users in the region.
- AI galaxy hunters are adding to the global GPU crunch
Astronomers are increasingly relying on GPUs for advanced data processing in their search for celestial bodies, contributing to the ongoing global GPU shortage.
- Beehiiv rolls out new creator tools, including webinars and customizable paywalls
Beehiiv is expanding beyond its newsletter roots with the introduction of new creator tools, including webinars and customizable paywalls.