🧑⚖️ Speaking of Elon Musk: Tesla, and Elon Musk, submitted a court filing to dismiss Alcon Entertainment's claims that Tesla used AI to rip off imagery from "Blade Runner" for a press event. Alcon intends to oppose the motion. Read more
🌁 Buying Bridge: Fintech Stripe has completed its $1.1 billion acquisition of Bridge, a stablecoin platform. This is Stripe's biggest acquisition to date and shows that the company is making a notable push into crypto. Read more
🪐 Space solar: Today's episode of Equity featured a conversation with Baiju Bhatt, one of the co-founders of Robinhood, who is now the founder of space solar startup Aetherflux. Bhatt talks about his transition from fintech to space and why now is the right time to start this kind of company. Listen here
🚫 In this economy? While the number of victims of ransomware attacks increased in 2024, the amount of ransom money paid decreased by a third. An increase in law enforcement action and an increasing number of victims refusing to negotiate with hackers explain part of the decline. Read more
🍒 Cherry on top: Berlin-based Cherry Ventures raised a $500 million fund to back both early-stage startups and follow-on rounds. The firm said it wants to back the "first trillion-dollar company in Europe," which is a lofty goal. Read more
