General Motors has agreed to pay $12.75 million to resolve a privacy dispute with several law enforcement agencies, spearheaded by California Attorney General Rob Bonta. This settlement addresses concerns related to the protection of driver data in the state.

Parker, a fintech startup known for providing corporate credit cards and banking solutions, has officially filed for bankruptcy and reportedly shut down all its operations despite being well-financed.

Ramp is reportedly negotiating a fresh funding round aiming to raise $750 million, which would value the company at over $40 billion pre-money. This move comes only six months after its last funding round in November, which pegged the company's worth at $32 billion.

Many AI startups like Basata are automating tasks traditionally done by humans. While this raises questions about the balance between assisting employees and replacing them, Basata’s founders report that administrative staff are more concerned with overwhelming workloads than job security.

Airbnb has revealed that artificial intelligence is responsible for generating 60% of its new software code. Additionally, the company's AI-driven customer support chatbot now resolves 40% of customer issues independently, without needing to escalate them to human representatives.

PJM Interconnection, responsible for managing the power grid serving some of the world's most concentrated data center hubs, is seeking a significant overhaul to handle mounting pressures from increasing AI demands. However, there is skepticism about whether the organization can effectively meet these challenges.

Porsche has announced that it will shut down its e-bike, battery, and software subsidiaries, impacting over 500 employees. CEO Michael Leiters emphasized the need to concentrate on the company's core operations as part of a broader strategic realignment. He acknowledged that while these measures are difficult, they are essential to ensure Porsche's future success by focusing on its fundamental business areas.

Intel's shares have surged an impressive 490% over the last year, reflecting Wall Street's optimistic confidence that seems to be outpacing the company's actual pace of recovery.

Prediction market platform Kalshi has successfully secured $1 billion in its Series F funding round, led by investment firm Coatue, boosting its valuation to $22 billion within just five months.

Stockholm-based vibe-coding company Lovable has introduced an automatic 10% salary increase for its employees, aiming to bypass traditional corporate politics and foster a healthier workplace culture.