France is investigating X over foreign interference, while an MP also criticizes Grok

France is launching a criminal investigation into Elon Musk’s X over alleged instances of algorithm manipulation for foreign interference purposes. The national gendarmerie will be tasked with the investigation, the Paris prosecutor’s office announced.  In a statement, Paris prosecutor Laure Beccuau said that the investigation is looking at X as a legal entity as well…

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AI leadership development platform Praxis Labs sells to Torch

Praxis Labs, a learning development platform, announced its acquisition on Thursday for an undisclosed amount by the leadership and coaching enterprise Torch.  “As a small company with fewer than 20 people serving companies as large as Amazon, we knew we needed to build powerful partnerships, across product and go-to-market, to reach more companies,” co-founder and…

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Sequoia bets on silence | TechCrunch

There is a time-honored crisis management strategy, wherein one says nothing and waits for the outrage to pass. For Sequoia Capital, the strategy worked pretty well this week. While partner Shaun Maguire initially weathered criticism over an inflammatory social media post, that initial indignation cooled quickly. Now, some seem to think that Maguire’s defiant stance…

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Tesla reportedly close to starting sales in India

Tesla is nearly ready to start selling its electric vehicles in India, according to Bloomberg News, after years of flirting with the idea. The company is about to open its first showroom in Mumbai and could start deliveries as early as August, according to the report. A few hours after Bloomberg published its report, Tesla…

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Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year.  The S-1 document submitted to the U.S. Securities and Exchange Commission provides a…

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