The Elon Musk Act aims to ban ‘special government employees’ from having federal contracts

U.S. Democratic Representative Mark Pocan plans to introduce a bill designed to ban “special government employees” like Elon Musk from having federal contracts so they can’t steer spending towards their own self-interest.  The proposed bill is called the ELON MUSK Act, which stands for Eliminate Looting of Our Nation by Mitigating Unethical State Kleptocracy.  “No […]

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Workday cuts nearly 2,000 employees

Enterprise HR platform Workday is the latest tech company to announce layoffs in recent weeks. Silicon Valley-based Workday laid off 1,750 employees on Wednesday, as originally reported by Bloomberg and confirmed independently by TechCrunch. That total represents approximately 8.5% of headcount. Unlike many other tech companies, including Meta and Microsoft, Workday has not held drastic […]

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Musk moves to dismiss suit over Tesla’s alleged use of AI-generated ‘Blade Runner’ imagery

Attorneys for Elon Musk intend to move to dismiss a case that accuses the Tesla CEO, who is also the head of President Donald Trump’s DOGE organization, of using AI-generated, copyright-violating “Blade Runner”-inspired images at a Tesla press event. In a filing submitted to the U.S. District Court Central District of California, Western Division late […]

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Shein hit with consumer protection action in EU as bloc unboxes strategy to tackle low-cost ecommerce risks

Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The action is being conducted with reference to the EU’s Unfair Commercial Practices Directive, Consumer Rights Directive, Unfair Contracts […]

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Cherry Ventures raises a new $500M fund for early stage and beyond, but will it be enough?

It’s sometimes said that European VC doesn’t have the firepower to compete with VCs in the U.S., which regularly raise billion-dollar+ funds these days. Perhaps further evidence of this view persists in the news that Berlin-based Cherry Ventures has closed its latest fund at $500 million, to be split between early-stage rounds and follow-on rounds […]

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CodeSignal wants you to practice soft skills with its AI-powered guide

Startups and big tech companies have aggressively used AI to help developers write code or learn programming better. People have used chatbots to prepare for different scenarios in life, like interviews. Tech assessment platform CodeSignal, which introduced a learning platform for technical subjects with AI assistants last year, launched soft skill courses on its platform today […]

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