Automattic CEO Matt Mullenweg talks future of Tumblr, with algorithmic choice, AI enhancements and more

[ad_1] Matt Mullenweg, CEO of Automattic, the company behind WordPress.com and other online publishing tools, is offering a glimpse into Tumblr’s future — the blogging site Automattic acquired from Verizon in 2019. On the Evening Standard’s “How to be a CEO” podcast, the WordPress founder offered a vision of Tumblr’s future direction, including its embrace … Read more

Automakers now have to comply with MA’s Right to Repair law

[ad_1] The National Highway Traffic Safety Administration (NHTSA) said Tuesday automakers can comply with a Massachusetts Right to Repair law, reversing a previous directive to ignore the state legislation. Massachusetts’s Right to Repair law was a ballot initiative that passed overwhelmingly in 2020. The law requires auto manufacturers that sell cars in the state to … Read more

Snap confirms EU users will soon be able to opt out of content ‘personalization’

[ad_1] Snap has become the latest mainstream social media firm to trail incoming changes in Europe that include the ability for users of its messaging app to switch off tracking-based content personalization. The measures come ahead of a major digital regulation compliance deadline Friday. The European Union’s Digital Services Act (DSA) requires larger platforms let … Read more

X changes its API to retire legacy tiers and endpoints

[ad_1] Social network X, formerly Twitter, made changes to its API pricing in March, making it expensive for developers to make applications with the platform’s data. Now, the company is announcing new changes that would retire some of the legacy API endpoints — a move that could again bump up costs for developers, especially enterprise … Read more

Wand.app raises $4.2M to scale its AI-powered creative tool for artists

[ad_1] Wand.app, an AI-powered creative tool that gives artists the ability to manually customize and visualize their ideas, has raised $4.2 million in seed funding led by O’Shaughnessy Ventures. Unlike AI-powered creative tools that provide limited control over the content they generate, which can be alienating to artists who have specific visions for what they … Read more

FBI says North Korean hackers preparing to cash out after high-profile crypto hacks

[ad_1] The U.S. government said it believes North Korean hackers are preparing to cash out millions of dollars stolen during a spate of high-profile crypto hacks. On Tuesday, the FBI warned cryptocurrency companies about recent blockchain activity connected to the theft of hundreds of millions of dollars in cryptocurrency by malicious actors affiliated with the … Read more

QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation

[ad_1] QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 0.99% stake in India’s largest retail chain, the two firms said Wednesday. The investment values Reliance Retail, part of Mukesh Ambani’s oil-to-telecom giant Reliance Industries, at $100 billion (pre-money). Reliance Retail — which operates 18,500 stores and digital commerce platforms, selling … Read more