How a $123M crypto scam in Australia laundered millions through a ‘legit’ business

How Australian authorities uncovered a $123-million crypto fraud Australian authorities exposed a crypto crime organization that allegedly laundered $123 million. Four suspects are charged in connection with the scheme. The discovery is the outcome of an 18-month crypto investigation by Australian authorities. Members of the Australian Federal Police, Queensland Police Service and Australian Criminal Intelligence…

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Canva is now in the coding and spreadsheet business

Canva is launching its latest smorgasbord of generative AI-powered workspace tools in its attempt to cram everything that Microsoft, Google, and Adobe can do into a single platform. Canva’s Visual Suite is being redesigned to combine its design and productivity tools into a single interface, alongside adding new coding, photo editing, spreadsheet, and AI chatbot…

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Inside the business of MrBeast

The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire. For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor pitch deck I’ve…

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‘Emotion AI’ may be the next trend for business software, and that could be problematic

As businesses experiment with embedding AI everywhere, one unexpected trend is companies turning to AI to help its many newfound bots better understand human emotion.  It’s an area called “emotion AI,” according to PitchBook’s new Enterprise Saas Emerging Tech Research report that predicts this tech is on the rise.  The reasoning goes something like this:…

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OmniAI transforms business data for AI

The majority of companies struggle to extract value from their data. Several years ago, Forrester reported that between 60% and 73% of data belonging to the average business goes unused for analytics. That’s because the data’s siloed or otherwise pigeonholed by technical and security considerations, making it difficult — if not impossible — to apply analytical tools….

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