Elon Musk is asking Twitter investors to dig deeper into their pockets, as he seeks to make the social media company financially viable.
Driving the news: Musk, via his family office, this week privately offered to sell additional equity at the same $44 billion valuation that he's essentially admitted was an overpay.
In the race to protect data from encryption-breaking quantum technology, two researchers are pushing a faster, more effective way to secure government secrets in a post-quantum future.
Driving the news: Pursuing a fragmented, yet still encrypted, data storage scheme might be the best bet companies have now to get ahead of the quantum threat in time, according to research published today by the Foundation for Defense of Democracies (FDD) first shared with Axios.
Facebook's parent, Meta, removed hundreds of accounts in the last year across Facebook and Instagram tied to known spyware and surveillance-for-hire vendors, according to a report released Thursday.
The big picture: Major tech companies have become one of the first lines of defense against the global proliferation of spyware and surveillance-for-hire vendors, given the companies' unique visibility into how the vendors abuse their platforms and devices.
Capitol Hill debate about maintaining the National Security Agency and U.S. Cyber Command's shared leadership structure is about to become an annual occurrence — adding momentum to a steady push to break up the agencies' long-questioned relationship.
Driving the news: The recently Senate-passed annual defense policy bill — the National Defense Authorization Act — would require the defense secretary to give Congress an annual briefing, from next year through 2028, about the NSA and Cyber Command's relationship.
Americans would have no refuge in blockchains for financial privacy under legislation introduced by two U.S. senators.
Why it matters: A major driver for the creation of cryptocurrency was to give people a cash-like experience on the internet, with a digital currency that could be passed from one user to another, just like cash.
A raft of lawsuitsfrom the games industry seeks to crack down on cheating in some popular online games, arguing that making cheats for games and even using them might be illegal.
Why it matters: Cheating is a scourge of many online games, inspiring increasingly bold legal counteroffensives by some of the companies who make them.
Why it matters: The probe of GM's Cruise comes as federal regulations for self-driving cars remain unclear and the business case for them remains unproven, Axios' Joann Muller writes.
Walmart's drone delivery service is now available in the Tampa, Orlando, Phoenix and Dallas areas, the company announced Thursday.
Why it matters: Close-range drone shipping was seen as a pie-in-the-sky concept just a few years ago. Now it's reality for the millions of Americans in range of a participating store.
Etsy CEO Josh Silverman is carrying a message to Capitol Hill about something he thinks will grow the economy by supporting the work of independent contractors: Federal support for caregiving.
Driving the news: Silverman met with lawmakers on both sides of the aisle on Capitol Hill last week to press them on the issue, he told Axios in an exclusive interview.
The suspension of several journalists on Twitter Thursday immediately set off a firestorm, with mainstream press crying foul over what they perceived as an attempt by Elon Musk to silence his critics and right-wing voices arguing that the liberal media finally got a taste of its own medicine.
Why it matters: Musk has said repeatedly that he stands for free speech, but the inconsistency of his content moderation decisions has begun to alienate traditional media outlets.
Nearly 40 years after the movie "WarGames," the Pentagon still relies on manual simulation to plan for some of its most important wartime logistics. One startup — with the backing of a retired general and former defense secretary — is trying to change that.
Why it matters: As the conflict in Ukraine has shown, the mundane business of refueling machines and resupplying troops is more important than ever in waging war.
Dishes that are an aggressive mash-up of global flavors — like sashimi tostadas and tandoori spaghetti — will hit restaurant menus in 2023, a style that's been dubbed "chaos cooking," food prognosticators say.
Those concoctions will live or die depending on how well they play on TikTok, the latest must-use channel for restaurateurs.
A series of Twitter accounts belonging to journalists who cover Elon Musk and Twitter were suspended without notice on Thursday.
Why it matters: Musk has vowed to make Twitter a haven for "healthy, functioning free speech." He tweeted in April, "I hope that even my worst critics remain on Twitter, because that is what free speech means."
