Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest … Read more

Trump to sign bill criminalizing revenge porn and explicit deepfakes

President Donald Trump is expected to sign the Take It Down Act today, a bipartisan law that enacts stricter penalties for distributing non-consensual explicit images, including deepfakes and revenge porn.  The bill criminalizes the publication of such images, whether they’re authentic or AI-generated. Whoever publishes the photos or videos can face criminal penalties, including fines, … Read more

Crypto elite increasingly worried about their personal safety

Cryptocurrency executives and other investors with significant wealth from crypto holdings are getting more serious about personal security, according to stories this weekend in both the Wall Street Journal and Bloomberg. While cryptocurrencies have always created unique security risks, it seems there’s a rising threat of violent abduction due to the growing value of Bitcoin, … Read more

MIT disavows doctoral student paper on AI’s productivity benefits

MIT says that due to concerns about the “integrity” of a high-profile paper about the effects of artificial intelligence on research and innovation, the paper should be “withdrawn from public discourse.” The paper in question, “Artificial Intelligence, Scientific Discovery, and Product Innovation,” was written by a doctoral student in the university’s economics program. It claimed … Read more