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FTC freezes sprawling subscription enterprise built on Cyprus and Delaware shells

A federal court has temporarily shut down what the US Federal Trade Commission describes as a sprawling enterprise of deceptive subscription apps, freezing the operations of 15 corporations and eight individuals accused of charging consumers without permission and making cancellation deliberately hard. The order, granted at the agency’s request, came alongside a complaint filed on […]

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VSCO launches Studio Pro mobile photo editing app and plans $500 per year subscription

VSCO is taking on Adobe with a new Studio Pro editing app rolling out today on iOS and coming to macOS later this year, as Bloomberg reports. At launch, the app offers tools for batch editing, style matching from a reference image, and sharing images through VSCO Galleries. VSCO says more features are coming later, […]

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NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Meta killed its internal leaderboard.  This tension between […]

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