Watch: Winner of €1m Picasso 'thought it was a scam'The winner of a Pablo Picasso painting worth €1m (£870,000; $1.2m) thought he was being scammed when he heard the good news, a charity raffle organiser has told the BBC.Péri Cochin told Radio 4's Front Row that she had to show Ari Hodara the artwork he had won on a video call from Christie's auction house in Paris before he believed she was...

General Catalyst posted VC rage bait and it worked, especially on a16z One of the most entertaining moments in VC this week was a piece of rage-bait marketing from General Catalyst. In a now-viral post on X that parodies the old Mac vs. PC commercials, the venture firm — better known as GC — posted a “VC vs GC” video on Wednesday. The VC was played by a tall actor in a baggy shirt and vest...

Meta enters the crowded AI coding battle with Muse Spark 1.1 Meta publicly launched a new version of Muse Spark on Thursday, a multimodal AI model designed for agentic coding that aims to compete with similar products offered by OpenAI and Anthropic. Spark 1.1, the first version of which was announced in April, can engage in multi-step reasoning and handle complex processes, manage digital...

Sources: Anthropic could raise a new $50B round at a valuation of $900B Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and Business...

Starbucks Korea sacks CEO over controversial 'Tank Day' promo30 minutes agoKelly NgandJake Kwon,Seoul correspondentGetty ImagesThe campaign referred to a bloody crackdown on pro-democracy activists in 1980Starbucks Korea's chief executive has been sacked over a campaign perceived as referring to a bloody historical incident.Launched on Monday, the anniversary of the Gwangju Uprising crackdown,...