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Reuters: The US Treasury sanctions Dubai-based unlicensed crypto exchange Shelbit, alleging it processed millions in crypto for IRGC and other Iran-linked groups  —  The United States on Friday sanctioned an unlicensed multi-state cryptocurrency exchange, alleging it processed millions of dollars … Source link

More details continue to trickle out about OpenAI’s mysterious new hardware device — described previously as an AI-fueled smart speaker that will be the “physical manifestation” of ChatGPT. Bloomberg now reports that the device will be “donut-shaped,” designed thusly to allow users to carry it around their home and place it in different locations, like

Koyena Das / Reuters: Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours  —  Instacart (CART.O) forecast third-quarter gross transaction value and core profit above analysts’ estimates on Thursday … Source link

Deborah Mary Sophia / Reuters: Figma reports Q2 revenue up 48% YoY to $370.1M, vs. $351.6M est., and lifts annual revenue forecast but keeps profit outlook intact; FIG drops 15%+ after hours  —  Figma (FIG.N) on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps

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Featured Podcasts Lenny’s Podcast: This CPO regrets that product management exists | Tom Verrilli (CPO of Whatnot) Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product. Subscribe to Lenny’s Podcast. The Talk Show With John Gruber: ‘What’s in Louie’s Wallet’, With Louie

Mitsuru Obe / Nikkei Asia: Japanese startups are racing to enter defense drone production, as Tokyo seeks to cut reliance on Chinese industrial drones, which control 91% of Japan’s market  —  TOKYO — Japanese startups are entering defense drone production as Prime Minister Sanae Takaichi seeks to reduce dependence on China and expand domestic manufacturing.

Featured Podcasts Lenny’s Podcast: This CPO regrets that product management exists | Tom Verrilli (CPO of Whatnot) Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product. Subscribe to Lenny’s Podcast. The Talk Show With John Gruber: ‘What’s in Louie’s Wallet’, With Louie

Featured Podcasts The Talk Show With John Gruber: ‘What’s in Louie’s Wallet’, With Louie Mantia The director’s commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more. Subscribe to The Talk Show With John Gruber. Big Technology Podcast: Leopold Blows Up, OpenAI Drastically Cuts Prices, Microsoft’s Best Day The Big Technology