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Ryan Mac, Theodore Schleifer and Maggie Haberman
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Krafton has invested $220 million in Nautilus Mobile, a leading Indian mobile game studio. The investment will help Nautilus expand its operations and develop new games. Krafton has been investing heavily in the Indian market, with over $200 million invested so far.
WunderGraph, an open source startup, is setting out to tackle every vendor-led open source project with its open source GraphQL federation effort. The company sells hosting and premium support and services for its open source effort.
The proliferation of AI web-crawling bots has led to a problem of unwanted traffic on websites. A tool called Nepenthes, named after a carnivorous plant, aims to trap these bots in an endless maze of fake content, wasting their resources and slowing them down. Cloudflare has also released a similar tool called AI Labyrinth.
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The Signal app was used by high-ranking Trump officials to communicate with an unauthorized group chat, exposing sensitive information and military plans. The chat included discussions about Yemen attack plans, which were later published by Atlantic editor-in-chief Jeffrey Goldberg. This incident highlights the importance of secure communication protocols and the potential risks associated with using encrypted messaging apps.
Twin, a Paris-based company, has released an automation agent in partnership with Qonto, a fintech startup that offers business bank accounts to over 500,000 customers across Europe. The AI-powered invoice retrieval tool is designed to speed up the process of gathering and uploading invoices for Qonto users.
Certiverse, a certification platform founded by Ruben Garcia, Pablo Meyer, and Federico Lopez in 2023, has raised $11 million in series A funding led by Cherryrock Capital. The company claims to allow organizations to develop certification exams at a lower cost than traditional methods.
OpenAI is closing a massive $40 billion funding round led by SoftBank. The round, which is expected to be finalized soon, will take the company's valuation to $300 billion. This new funding comes after OpenAI last raised a $6.6 billion round in October 2024.
The UK's data protection regulator, the Information Commissioner's Office (ICO), has fined NHS vendor Advanced £3.8m for not implementing basic security measures before a ransomware attack in 2022. The attack caused widespread outages across the National Health Service (NHS), including patient data systems.
Abound, a remittance app spun off by Times Internet, has raised $14 million to expand its services for Indian expats in the US. The app allows users to send money to India and earn rewards, with plans to explore high-yield savings, investments, and credit solutions.
Google is rolling out a slew of new features across Search, Maps, and Gemini designed to help people plan their summer vacations. The new features arrive as users have been turning to tools like OpenAI's ChatGPT for help with planning trips.
The use of AI-generated text, such as that produced by ChatGPT, has raised concerns about plagiarism and misinformation. Several major school systems and colleges have banned the tool from their networks and devices.
Nintendo has announced the development of Virtual Game Cards, a feature that allows users to easily port their digital games across different devices. This new functionality aims to make digital games more like physical ones, allowing for seamless transfer and lending between devices.
Mexican startup Mendel has raised $35M in a Series B round of funding to tackle corporate spend management in Latin America. The company's mission is to automate most of the operations for an enterprise CFO that are currently done manually.
Meta, X, and Snap are celebrating a new Utah law that will require Apple and Google to take responsibility for verifying users' ages on their app stores and obtain parental consent for minors. The App Store Accountability Act was passed by Utah's legislature earlier this month.