June 23, 2025

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FBI and Dutch police seize botnet of hacked routers

A joint international law enforcement action shut down two services accused of providing a botnet of hacked internet-connected devices, including routers, to cybercriminals. U.S. prosecutors also indicted four people accused of hacking into the devices and running the botnet.  On Wednesday, the websites of Anyproxy and 5Socks were replaced with notices stating they had been

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anduril doge Elon Musk Government & Policy Marc Andreessen Palantir Palmer Luckey Peter Thiel SpaceX Venture

Silicon Valley’s influence in Washington benefits tech elite

Elon Musk isn’t the only tech billionaire with power over the federal agencies that regulate his businesses. Since Donald Trump took office, more than three dozen employees, allies, and investors of Musk, Peter Thiel, Marc Andreessen, and Palmer Luckey have taken roles at federal agencies, helping direct billions in contracts to their companies.  Companies owned,

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AI startup Cohere acquires Ottogrid, market research

AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Excited to announce that Ottogrid is joining @cohere ! pic.twitter.com/FPNl9IiNW8 — Sully

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Arc’s new 24-foot electric boat is its cheapest yet

Electric boat startup Arc has a new model that is its cheapest and most approachable watercraft yet. The new boat is called the Arc Coast, and it will start at $168,000. The company is taking preorders now and says the Coast will ship in 2026. The Coast is what’s known as a “center console” boat,

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Aletiq secures $6.5M for SaaS tool: product lifecycle management

Aletiq has raised a €6 million funding round led by Point Nine a few months ago (around $6.5 million at current exchange rates). The French startup is announcing the founding round today. Aletiq has been developing product lifecycle management (PLM) software for manufacturing industrial companies working in aerospace, automotive, electronics, luxury and more. When you

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US paid music subscribers cross 100 million mark for first time

The U.S. crossed the 100 million paid subscribers mark for music streaming services for the first time ever last year, as per a new report by the Record Industry Association of America (RIAA). The subscriber number was up from 96.8 million in 2023, with year-on-year growth of roughly 3%. RIAA’s report said that these numbers

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Prezent raises $20M to build AI for slide decks

Prezent, a startup empowering customers to build slide decks using generative AI, has raised $20 million as it further develops and refines its AI models for different use cases and expands into new markets. AI has many different applications — one of which is generating decks for business presentations, as it turns out. Off-the-shelf models

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TC Venture

One of Elon Musk’s long-time VCs suing former employer

Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing  former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times.  Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him after

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Microsoft employees are banned from using DeepSeek app

Microsoft employees aren’t allowed to use DeepSeek due to data security and propaganda concerns, Microsoft Vice Chairman and President Brad Smith said in a Senate hearing today. “At Microsoft we don’t allow our employees to use the DeepSeek app,” Smith said, referring to DeepSeek’s application service (which is available on both desktop and mobile). Smith

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Apps Outage Social X

X timelines aren’t updating for many users

X timelines aren’t updating for many users. Sometime Thursday night, timelines stopped updating for a number of users on X, the social network owned by billionaire Elon Musk. Many users report that their notifications stopped working yesterday, meaning they aren’t being alerted to new posts by the people they follow on X. This reporter is experiencing

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