Some venture capitalists are concerned about Trump administration's proposal to increase tax on university endowments from 1.4% to 35%. This could potentially impact funding as universities are significant limited partners in private equity. However, it's unclear if this tax increase will be implemented, given the number of new administration's appointees and donors who are VCs.

Source: https://techcrunch.com/category/fintech/

Mozilla has removed the 'Do Not Track' feature from Firefox, citing its ineffectiveness and potential for privacy harm. The setting sent a signal to websites that users did not want to be tracked, but websites largely ignored it, leading to potential identification and tracking.

Source: https://techcrunch.com/category/fintech/

Lookout researchers discovered Chinese spyware called 'EagleMsgSpy' used by Chinese law enforcement since at least 2017 to collect sensitive data from Android devices in China. This data includes call logs, contacts, GPS location, bookmarks, and messages from apps like Telegram and WhatsApp.

Source: https://techcrunch.com/category/fintech/

OpenAI's video-generating AI, Sora, appears to have been trained on data from Twitch streams and game walkthroughs, including Minecraft and Super Mario Bros.

Source: https://techcrunch.com/category/fintech/

Hyundai's electric air taxi startup Supernal is relocating its global headquarters from Washington, D.C. to Irvine, California, affecting around 35-40 employees.

Source: https://techcrunch.com/category/fintech/

Honda will stop funding its joint venture with General Motors and Cruise to launch a robotaxi service in Japan. This decision comes after GM announced it will cease funding Cruise and integrate its autonomous vehicle development efforts into its own personal vehicle division.

Source: https://techcrunch.com/category/fintech/

The Pentagon has no evidence that mysterious drones flying over New Jersey and the northeast US are from a foreign entity or US military. The FBI is investigating with state and local authorities, receiving over 3,000 reports of sightings.

Source: https://techcrunch.com/category/fintech/

The Pentagon has no evidence that mysterious drones flying over New Jersey and the northeast US are from a foreign entity or US military. The FBI is investigating with state and local authorities, receiving over 3,000 reports of sightings.

Source: https://techcrunch.com/category/fintech/

Google unveiled Project Mariner, an AI agent that can take actions on the web, using Chrome browser, clicking buttons, and filling out forms, initially released to a small group of testers.

Source: https://techcrunch.com/category/fintech/

Microsoft's M12 ventures further with $22.5M investment in AI-powered IT site reliability startup NueBird, which tackles the challenges of finding and retaining skilled engineers amidst a complex IT landscape.

Source: https://techcrunch.com/category/fintech/