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Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servco (Stuart Dredge/Music Ally)

Stuart Dredge / Music Ally : Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to...

26 April 2025

Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servco (Stuart Dredge/Music Ally)

Stuart Dredge / Music Ally:
Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servco  —  - Click to email a link to a friend (Opens in new window) Email

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A US DOJ official says Tyler Buchanan, a 23-year-old from Scotland, and an alleged Scattered Spider cybercrime group member, was extradited from Spain to the US (Margi Murphy/Bloomberg)

Margi Murphy / Bloomberg:
A US DOJ official says Tyler Buchanan, a 23-year-old from Scotland, and an alleged Scattered Spider cybercrime group member, was extradited from Spain to the US  —  Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality  —  Beats' newest exercise headphones are improved, but they face stiffer competition than ever.

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Autodesk adds Jeff Epstein and Christie Simons to its board and settles the proxy fight with Starboard Value, which has criticized Autodesk for underperformance (Svea Herbst-Bayliss/Reuters)

Svea Herbst-Bayliss / Reuters:
Autodesk adds Jeff Epstein and Christie Simons to its board and settles the proxy fight with Starboard Value, which has criticized Autodesk for underperformance  —  Autodesk (ADSK.O) said on Thursday it will add two newcomers to its board and settle one of the year's most high-profile proxy fights …

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Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built with (Pete Koomen/koomen.dev)

Pete Koomen / koomen.dev:
Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built with  —  I noticed something interesting the other day: I enjoy using AI to build software more than I enjoy using most AI applications—software built with AI.

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Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B (Bloomberg)

Bloomberg:
Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B  —  Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup …

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Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacity (Dario Amodei)

Dario Amodei:
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacity  —  In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.

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Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024 (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune:
Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024  —  Reducto cofounders Adit Abraham and Raunak Chowdhuri.  —  Reducto  —  I've long been fond of Arthur C. Clarke's famous third law …

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25 April 2025

Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its "unique" heating systems (Chris Welch/The Verge)

Chris Welch / The Verge:
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its “unique” heating systems  —  The company is also pulling Nest thermostats out of Europe entirely, citing “unique” heating challenges.

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Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status (Gabe Kaminsky/The Free Press)

Gabe Kaminsky / The Free Press:
Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status  —  In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.  Critics say his tactics are ‘grandstanding.’

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Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses (Juro Osawa/The Information)

Juro Osawa / The Information:
Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses  —  Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China …

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