Summary: Japanet Holdings, the Japanese TV shopping company based in Nagasaki, has quadrupled its venture capital fund to $200 million after early investments through Pegasus Tech Ventures in Anthropic, xAI, SpaceX, and OpenAI generated extraordinary paper returns. Anthropic alone has appreciated from a $550 million valuation in 2021 to $380 billion in 2026. The expansion […]

The move, disclosed in an internal memo seen by Reuters, is framed as a way to teach AI agents how humans navigate software. Critics say it is workplace surveillance under a different name. Meta is installing new tracking software on US-based employees’ work computers to capture mouse movements, clicks, keystrokes, and occasional screenshots, which will […]

In short: Bond, a new “post-feed” social network founded by former Index Ventures principal Dino Becirovic and ex-Google DeepMind researcher Arthur Brazinskas, launched on 21 April with no infinite scroll and no algorithmic feed, instead using AI trained on users’ photos, videos, and audio to recommend real-world activities. The app enters a growing “healthier social […]

In short: Meta faces a convergence of lawsuits across the US, Australia, and the UK alleging the company knowingly profited from scam ads on Facebook and Instagram, with its own internal documents projecting that 10% of 2024 revenue, roughly $16 billion, came from fraudulent advertising. The cases span a $500 million pump-and-dump scheme, deepfake celebrity […]

The FT reports that OpenAI’s $500M initial equity stake, with an option for $1B more, will go into a Delaware LLC designed to accelerate AI adoption across PE portfolio companies. OpenAI is guaranteeing backers a 17.5% annual return. A close is expected in early May. OpenAI is set to commit up to $1.5 billion of […]