Financial Times: Court docs: Sachin Dev Duggal, the CEO of London-based Builder.ai that raised a $250M Series D in 2023, is a suspect in a money laundering probe in India  —  Court documents show Sachin Dev Duggal and Saurabh Dhoot face questions from authorities over past business dealings Lees verder op Tech Meme

Rachel Metz / Bloomberg: OpenAI says it hasn’t yet set a timeline for the release of Sora, as the company tries to catch up to other text-to-video AI startups like Runway AI  —  Software that can create convincing video from text prompts is progressing fast, raising questions about disinformation as well as the economics of AI. Lees verder op Tech Meme

David Gilbert / Wired: X suspended accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss after Stonetoss appealed to Elon Musk  —  Researchers and journalists have been blocked on X from sharing the alleged identity of the neo-Nazi cartoonist Stonetoss. Lees verder op Tech Meme

Ashley Gold / Axios: After a classified briefing on TikTok, the Senate Commerce Committee Chair Maria Cantwell says “the next steps might be something more public, like a hearing”  —  – But Senate Majority Leader Chuck Schumer has not committed to putting the bill on the floor anytime soon. Lees verder op Tech Meme

Sebastian Herrera / Wall Street Journal: Sources: Temu and Shein have supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, as Amazon explores new promo campaigns  —  The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon’s central competitive focus Lees verder op Tech Meme

Duncan Riley / SiliconANGLE: Boston-based CyberSaint, which helps enterprises assess, measure, remediate, and communicate their cyber risk posture, raised a $21M Series A led by Riverside  —  Cyber risk management startup CyberSaint Inc. today announced that it has raised $21 million in new funding to build on customer momentum … Lees verder op Tech Meme

Emily Mullin / Wired: Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, playing online chess using the Neuralink device  —  In a livestream on X, the paralyzed 29-year-old man used his Neuralink brain implant to control a computer. Lees verder op Tech Meme

Krisztian Sandor / CoinDesk: BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements  —  The asset management giant also made a strategic investment in asset tokenization company Securitize. Lees verder op Tech Meme

Natasha Lomas / TechCrunch: Bengaluru-based smart ring maker Ultrahuman raised a $35M Series B, with $25M in equity and the rest in debt, from Blume, Steadview Capital, Nexus, and others  —  India’s Ultrahuman is prepping for a growth tear.  Today it’s announcing the close of $35 million in Series B* funding, a mix of equity ($25M) and debt. Lees verder op Tech Meme