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Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B (Sneha Kumar/Reuters)

Sneha Kumar / Reuters : Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a rec...

8 May 2024

Robinhood CEO Vlad Tenev decries the "regulatory onslaught" and calls SEC's actions "another improper attempt by the administrative state to stifle innovation" (André Beganski/Decrypt)

André Beganski / Decrypt:
Robinhood CEO Vlad Tenev decries the “regulatory onslaught” and calls SEC's actions “another improper attempt by the administrative state to stifle innovation”  —  Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.

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