China has blocked Meta's planned $2 billion acquisition of AI startup Manus, ordering the deal withdrawn after months of scrutiny from both Beijing and Washington. "The decision to prohibit foreign investment in Manus was made in accordance with laws and regulations," reports CNBC, citing the National Development and Reform Commission. "It added… Read More »
An anonymous reader quotes a report from the New York Times: When the Call Federal Credit Union outside Richmond, Va., was robbed at gunpoint in 2019, the suspect took $195,000 from the bank's vault and fled before the police arrived. A detective interviewed witnesses and reviewed the bank's security footage. But with no leads, the officer relied… Read More »
GitHub said in a blog post today that it is moving Copilot to usage-based billing starting June 1. Base subscription prices will remain the same but premium requests will be replaced with monthly AI Credits that are consumed based on token usage. "Instead of counting premium requests, every Copilot plan will include a monthly allotment of GitHub… Read More »
Bloomberg reports that Microsoft is ending revenue-sharing payments to OpenAI (paywalled; alternative source) and making the partnership non-exclusive. "The rapid pace of innovation requires us to continue to evolve our partnership to benefit our customers and both companies," Microsoft said Monday in a blog post. Bloomberg reports: The revised… Read More »
California's proposed billionaire tax appears headed for the November ballot after backers said they gathered more than 1.5 million signatures, well above the threshold needed to qualify. SF Standard reports: Backers of the initiative announced this weekend that more than 1.5 million people signed a petition to bring the one-time, 5% wealth tax to… Read More »
An anonymous reader quotes a report from VentureBeat: The whale has resurfaced. DeepSeek, the Chinese AI startup offshoot of High-Flyer Capital Management quantitative analysis firm, became a near-overnight sensation globally in January 2025 with the release of its open source R1 model that matched proprietary U.S. giants. It's been an epoch in AI… Read More »
"There are about 70% more bookstores now than there were six years ago in the United States," says Andy Hunter, the founder/CEO of Bookshop.org. Fast Company checks in on his site, which gives over 80% of its profit margin to independent bookstores, structuring itself as a B Corporation (a for-profit company certified for its social-impact) while… Read More »