In tech news, Waymo is set to test fully autonomous vehicles on San Francisco freeways, while Google has started shipping locally made Pixel 8 devices in India. Apple has threatened to remove Patreon from the App Store if it doesn't switch to Apple's billing system. Finally, the U.S. SEC is suing crypto startup NovaTech for allegedly fraudulently raising over $650 million, and the FBI has taken down the Radar/Dispossessor ransomware gang.
Key takeaways:
- A class action lawsuit against Stability, Runway and DeviantArt, alleging illegal training of their AIs on copyrighted works, can partially proceed, according to a judge's ruling.
- Elon Musk and Donald Trump's joint X Spaces event crashed on Monday afternoon.
- Singapore VC, Antler, has closed its second Southeast Asia fund, raising $72 million for early-stage investments in the region.
- The U.S. Securities and Exchange Commission (SEC) is suing crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors.