Senator Jon Ossoff speaks on funding for rural Georgia hospital
Senator Jon Ossoff speaks on funding for rural Georgia hospital
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TechCrunchBill to strengthen national tipline for missing and exploited children heads to Biden's desk
A bipartisan bill designed to protect children from online sexual exploitation is headed to President Biden's desk. Proposed by Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC), the bill aims to strengthen the National Center for Missing and Exploited Children's (NCMEC) CyberTipline. When an online service provider detects child sexual abuse material (CSAM), the platform is legally required to report it to the CyberTipline.
- Yahoo Finance
Jay Powell won't give in to the market's biggest fear: Morning Brief
As interest rate cuts get pushed into the future, investors fear potential rate hikes. Fed Chair Jerome Powell, however, appears not to share these worries.
- Yahoo Personal Finance
Mortgage rates today, May 2, 2024: High rates for the foreseeable future
These are today's mortgage rates. The Fed opted not to cut the federal funds rate yesterday, so high rates are here to stay. Lock in your rate today.
- Yahoo Sports
House v. NCAA settlement heats up, more drama at Colorado and the worst Kentucky Derby names
Dan Wetzel, Ross Dellenger, and SI's Pat Forde unpack the latest update on the House v. NCAA case, react to Twitter beef happening at Colorado, and the worst Kentucky Derby names ever.
- TechCrunch
UnitedHealth CEO tells Senate all systems now have multi-factor authentication after hack
UnitedHealth Group Chief Executive Officer Andrew Witty told senators on Wednesday that the company has now enabled multi-factor authentication on all the company’s systems exposed to the internet in response to the recent cyberattack against its subsidiary Change Healthcare. The lack of multi-factor authentication was at the center of the ransomware attack that hit Change Healthcare earlier this year, which impacted pharmacies, hospitals and doctors' offices across the United States. Multi-factor authentication, or MFA, is a basic cybersecurity mechanism that prevents hackers from breaking into accounts or systems with a stolen password by requiring a second code to log in.
- Yahoo Personal Finance
What is a nonsufficient funds (NSF) fee?
Incurring a nonsufficient funds (NSF) fee can be frustrating and expensive. Here’s how these fees work and how to avoid them.
- Autoblog
South Carolina's 'Carolina Squat' ban gets enforced May 10
South Carolina will begin issuing tickets to motorists who drive a "squatted" vehicle; the modification has been banned since November 2023.
- TechCrunch
Chicago-based Hyde Park Venture Partners closes $98M Fund IV with two investments made so far
Midwest venture capital firms might always play catch-up to the coasts, but that’s not stopping some firms from pulling in nice-sized funds to support startups in their local ecosystems and overall region. In 2023, Columbus-based Rev1 secured $30 million for its third Catalyst Fund aimed at life sciences. The Chicago-based early-stage firm has secured $98 million in new capital commitments for its Fund IV.
- Yahoo Sports
Texas A&M baseball coach suspects Georgia pitcher of cheating after suspicious videos surface from loss
“It’s part of the game … Wish we would’ve caught it.”
- TechCrunch
As VC firms invest more in B2B startups, Intuition is a new VC fund focusing on consumer tech
Intuition, however, a new VC firm based in Paris, is doing something radical by betting on consumer tech exclusively. Behind the scenes, Hugo Amsellem (pictured left) and Etienne Boutan (pictured right) will be the general partners of this new fund. Amsellem has worked for Jellysmack and written about consumer tech and influencers for the past few years — including this very interesting piece on loneliness and how it affects consumer tech and culture.
- Yahoo Sports
2024 NFL Draft Fantasy Football Fallout: First look at rookie dynasty rankings
Andy Behrens breaks down the next wave of fantasy football stars, ranking the incoming rookie class for dynasty drafters.
- Yahoo Sports
2024 NFL Draft grades: Houston Texans have solid if unspectacular haul
Yahoo Sports' Charles McDonald breaks down the Texans' 2024 draft.
- Yahoo Life Shopping
Podiatrists and nurses love these lightweight sneakers, and they're $32 right now — that's 60% off
Over 14,000 reviewers say the stylish, supportive kicks are just what the doctor ordered.
- Autoblog
Hyundai will build more hybrids to supplement slowing EV demand
Hyundai said it would add more hybrids to its previously EV-only production lines in Georgia.
- Yahoo Sports
NFL Draft: Adonai Mitchell says he's 'kind of pissed' after slide to Colts in second round
Many people had the Texas WR as a first-round prospect.
- TechCrunch
OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to -- but technically separate from -- OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in new cash on or around April 19. The paperwork was submitted on April 25, and mentions Ian Hathaway, the OpenAI Startup Fund's manager and sole partner.
- TechCrunch
Curio raises funds for Rio, an 'AI news anchor' in an app
The latest to join the fray is Rio, an "AI news anchor" designed to help readers connect with the stories and topics they're most interested in from trustworthy sources. The new app, from the same team behind AI-powered audio journalism startup Curio, was first unveiled at last month's South by Southwest Festival in Austin. It has raised funding from Khosla Ventures and the head of TED, Chris Anderson, who also backed Curio.
- TechCrunch
Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. Now we know why: Going forward, it’ll exclusively invest from Rocket Internet’s balance sheet. Last year the Financial Times reported that Global Founders Capital was in the middle of a big strategic shift.
- TechCrunch
xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson, are participating in the round.
- TechCrunch
The FTC's ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can't require employees who aren't senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC's ruling will impact industries like financial services and hedge funds the most, due to the prevalence of such agreements in those industries, it could also impact startups.