Kana emerges from stealth with $15M to build flexible AI agents for marketers
Kana, a new AI marketing startup from the founders of Rapt and Krux, has raised $15 million to build customizable, agent-based marketing tools.
US FTC airs concerns over allegations that Apple News suppresses right-wing content
In a letter to Apple CEO Tim Cook, FTC chair Andrew Ferguson cited reports from Media Research Center, a right-leaning think tank, which accused Apple of excluding right-leaning outlets from the top 20 articles in the Apple News feed.
Uber to buy delivery arm of Turkey’s Getir
The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.
EU says TikTok must disable ‘addictive’ features like infinite scroll, fix its recommendation engine
The European Commission on Friday accused TikTok of purposefully designing its app for being “addictive,” calling out features such as infinite scroll, autoplay, push notifications, and its recommendation engine.
Uber appoints new CFO as its AV plans accelerate
Uber is promoting Balaji Krishnamurthy, its VP of strategic finance and investor relations, to be its CFO, replacing its current finance chief Prashanth Mahendra-Rajah.
Linq raises $20M to enable AI assistants to live within messaging apps
Linq offers an API that lets companies offer their AI assistants via iMessage, RCS and SMS.
Nvidia invests $2B to help debt-ridden CoreWeave add 5GW of AI compute
CoreWeave will also integrate Nvidia’s products across its platform, including the new Rubin chip architecture.
From invisibility cloaks to AI chips: Neurophos raises $110M to build tiny optical processors for inferencing
Neurophos is taking a crack at solving the AI industry’s power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks.
Netflix revises offer to pay all cash for Warner Bros to stave off Paramount
However, the streaming giant is still offering the same $27.75 the companies had agreed on for WBD’s movie studio and streaming assets, and the deal continues to value the company at $82.7 billion.
Italy investigates Activision Blizzard for pushing in-game purchases
Italy has launched two investigations into Microsoft’s Activision Blizzard, alleging the company has engaged in “misleading and aggressive” sales practices for two of its most popular smartphone games.