Technology

CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far (Mary Ann Azevedo/TechCrunch)

April 25, 2025 by appcompact

Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs (CNN)

April 25, 2025 by appcompact

the US pushed back against EU’s AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act (Bloomberg)

April 25, 2025 by appcompact

Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021 (Carmen Arroyo/Bloomberg)

April 25, 2025 by appcompact

Nous, which plans to launch an AI training system on Solana using people’s idle computing power, raised a $50M Series A, a source says at a $1B token valuation (Leo Schwartz/Fortune)

April 25, 2025 by appcompact

Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal (Bloomberg)

April 25, 2025 by appcompact

Baidu CEO Robin Li says demand for text-based models like DeepSeek’s is “shrinking” and claims its model had a higher propensity for “hallucinations” (Eleanor Olcott/Financial Times)

April 25, 2025 by appcompact