Author: arthursheikin@gmail.com

[ad_1] An influencer disinformation campaign can be disastrous for a brand — and companies want to stop them before they go viral.When Dig was founded in 2021 in Tel Aviv, Israel, the startup initially helped marketing teams compress and repurpose their video content into short-form clips to post on social media.Last year, amid escalating geopolitical conflicts, the team became interested in how disinformation campaigns were being generated and who was spreading them online.”We all live in an era where we feel we can’t trust what we hear, and it’s very painful,” Dig CEO Ofer Familier said in an interview with Business…

[ad_1] Citi raised its price target on Snowflake ahead of the cloud-based data storage company’s latest earnings report. Snowflake is due to report its earnings after the closing bell on Aug. 27. Heading into this release, Citi analyst Tyler Radke reiterated his buy rating on the stock. Shares of Snowflake have surged 26% this year. Radke’s revised price forecast implies another potential upside of 28% ahead. SNOW YTD mountain SNOW YTD chart As a catalyst, Radke pointed to Cortex, Snowflake’s suite of AI features. Enthusiasm present at Snowflake’s recent SNOW summit has also highlighted strong uptake, increasing AI momentum and…

[ad_1] JPMorgan is bullish on EHang , China’s leading original equipment manufacturer for electric vertical take-off and landing aircraft. The bank initiated shares of the eVTOL manufacturer as overweight rating and price target of $26 per share, which corresponds to a nearly 50% upside from Thursday’s close. Analyst Beatrice Lam pointed to EHang’s status as the first to hold certificates in China as a driver. This first-mover advantage has poised it for global market share leadership, she added, especially as Ehang’s total addressable market grows in the coming years. The bank believes that the global passenger eVTOL market could swell…

[ad_1] Expat entrepreneur score: 8.66/10With its massive venture capital ecosystem and strong entrepreneurial pipeline, the UK leads the list — and not just because of deep pockets.Startups headquartered in Britain attracted over £3.15 billion, or $4.22 billion, in tech VC funding in the most recent calendar year, more than any other country in Europe.But capital is only part of the story. The UK also has one of the highest startup densities, with 18.62 new businesses per 1,000 workers, and a solid one-year survival rate of 89.2%.”While it does lead by a big margin in venture capital volume, and it’s certainly…

[ad_1] Barclays sees a rosy outlook ahead for shares of Ulta Beauty . The bank upgraded the beauty retailer to an overweight weighting from equal weight. Analyst Adrienne Yih accompanied the move by lifting her price target to $589 from $518. Shares of Ulta have surged 20% this year. Yih’s revised forecast calls for additional upside of 13% from the stock’s Thursday close. ULTA YTD mountain ULTA YTD chart “We believe shares can continue to be propelled higher by upwards consensus earnings revisions over the next several quarters,” the analyst wrote. As a catalyst, Yih cited recent business decisions made…

[ad_1] When I reached my senior year of high school (as a scholarship kid at a prestigious college preparatory academy in the US), I did something unheard of among my peers: I didn’t apply to college.At the time, my plan was to take a gap year to work and travel before using my fluent Italian to attend college in Italy, where university was cheaper and the lifestyle was a better fit for me.But after what I thought would be my gap year — in which I worked in a restaurant, volunteered with children, and backpacked solo through Europe — I…

[ad_1] Mark Zuckerberg is betting big on going small. You might call it going “startup mode.”Meta’s new superintelligence unit includes a secretive group of hot-shot hires called TBD Lab meant to develop the most advanced artificial intelligence models, a recent internal memo shows.The unit represents a fraction of Meta’s total workforce of over 70,000 employees. Many of its members, including its leader, Alexandr Wang, were hired away from buzzy AI startups.”I’ve just gotten a little bit more convinced around the ability for small, talent-dense teams to be the optimal configuration for driving frontier research,” Zuckerberg said on Meta’s latest earnings…

[ad_1] This as-told-to essay is based on a conversation with Krishna Kaliannan, the founder of Catalina Crunch. It’s been edited for length and clarity. The following has been edited for length and clarity.Growing up, I was always really good at math and science, so it felt natural to study engineering and math in college. I went to the University of Pennsylvania, where a lot of graduates go into finance since that’s where you make the most money.I decided to do the same. After graduating in 2013, I worked as a researcher at AQR Capital Management, researching stock-picking and futures-picking algorithms…

[ad_1] Like many other companies, Coinbase has recently sought to expand its operations using AI. The cryptocurrency exchange acquired Agara, an AI support platform, in 2021 to expand its customer experience tools. Nearly three years later, CEO Brian Armstrong said in an X post that his development team witnessed their first “AI to AI crypto transaction.””What did one AI buy from another? Tokens! Not crypto tokens, but AI tokens (words basically from one LLM to another). They used tokens to buy tokens,” Armstrong said.More recently, Coinbase partnered with Perplexity AI to give traders access to real-time crypto data, CEO Brian…

[ad_1] As AI valuations soar into the hundreds of billions, a parallel market of temporary financial shells is proliferating to meet investor FOMO, and many investors are starting to sound the alarm bells that it portends a bubble in the AI gold rush.Special purpose vehicles, or SPVs, enable investors to pool their money into funding a one-off deal. These mechanisms, which have been around for decades, have been surging in popularity as retail investors scramble for scraps of shares in hot companies like OpenAI, Anthropic, Anduril, and Perplexity.Many are perfectly legitimate, but some have sky-high fees, opaque structures, and complicated…