Grok 3 seemingly went live for some users

The next flagship AI model from Elon Musk’s AI company, xAI, might be nearing release. Over the weekend, several users on X, including reverse engineer Alexey Shabanov, reported gaining access to Grok 3, the successor to xAI’s current model, Grok 2, via X’s Grok chatbot app. Before their access was…Read More

Will America’s crypto frenzy end in disaster?

Donald Trump’s team is about to bring digital finance into the mainstream

Read more: https://www.economist.com/finance-and-economics/2025/01/26/will-americas-crypto-frenzy-end-in-disaster

#Economics #Finance #Money #Economy #Business

2025 will likely be another brutal year of failed startups, data suggests

More startups shut down in 2024 than the year prior and a high volume of startup failures will continue, data from multiple sources.
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Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Wall Street banks plan sale of X debt at a discount

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As n…Read More

Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity

Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform. As Flip competes with TikTok Shop and other platforms in a highly competitive market, it has introduced a new…Read More

Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Passbolt raises $8M for its open source password manager for teams

Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share credentials to access resources, all while IT and security teams need ways to control who has access to them. Passbolt, which is…Read More

Donald Trump issues fresh tariff threats

But it may be a while before he unleashes a universal levy

Read more: https://www.economist.com/finance-and-economics/2025/01/20/donald-trump-issues-fresh-tariff-threats

#Economics #Finance #Money #Economy #Business