Axios

One of Silicon Valley's most successful founders and investors just got accused of insider trading.

Driving the news: The SEC on Tuesday alleged that Andy Bechtolsheim confidentially learned of Cisco's plans to buy Acacia Communications, shortly before the $4.5 billion deal was announced in 2019, and then traded Acacia options by accessing brokerage accounts of a relative and associate.

Educators are split on whether artificial intelligence will help or hinder their careers, according to results of a study by the AI Education Project, first shared with Axios.

Why it matters: Education has been touted as one of the areas that could benefit the most from AI, yet the advent of ChatGPT and other tools has also added fresh challenges for teachers already stretched thin.

Grumbles about generative AI's shortcomings are coalescing into a "trough of disillusionment" after a year and a half of hype about ChatGPT and other bots.

Why it matters: AI is still changing the world — but improving and integrating the technology is raising harder and more complex questions than first envisioned, and no chatbot has the magic answers.

A hacking campaign infected more than 6,000 Asus routers in less than 72 hours this month, according to a report from communications provider Lumen Technologies out Tuesday.

Why it matters: The specific incident is tied to a wide-reaching campaign targeting end-of-life routers and smart devices that Lumen recently uncovered.

The agency overseeing the country's most consequential security vulnerability database appears to have slowed much of its work without any warning.

Why it matters: The National Vulnerability Database, operated by the National Institute of Standards and Technology (NIST), provides key information for cyber defenders patching their networks against the latest security threats.

Former President Trump got a lot wealthier on Tuesday, at least on paper, as the value of social media company Truth Social's stock jumped by as much as 55% in early trading.

By the numbers: Shares opened Tuesday at $70.90 per share, after closing on Monday at $49.95 per share. They rose as high as $77.67 in early Tuesday trades, before a mild retreat.

Walmart, 7-Eleven and Chick-fil-A will be the first retailers to pilot new technology from a Virginia startup trying to solve drone delivery's ground logistics problems, Axios is first to report.

Why it matters: Getting a drone to deliver a hot chicken sandwich or a cold Slurpee in a matter of minutes depends a lot more on what happens on the ground than what occurs in the sky.

Tennr, a provider of document automation software for health care practices that still rely on faxes, raised $18 million in Series A funding led by Andreessen Horowitz.

Why it matters The antiquated communications tool remains pervasive in U.S. health care, despite policies aimed at phasing it out.

Meta has "substantively and disproportionately" restricted free speech through a blanket ban on content that uses the term "shaheed," which can be a reference to Islamic martyrs, Meta's independent Oversight Board said in a ruling released Tuesday.

Why it matters: Removal of references to "shaheed" accounts for more content removals than any other single word on Meta's platforms, per the board.