For years, Tether’s CEO avoided the United States, watching from offshore as regulators circled and prosecutors investigated. Those days are over. Source link

“Melania,” a documentary about First Lady Melania Trump, is exceeding box office expectations, with Sunday estimates suggesting it will make $7.04 million on its opening weekend. The documentary is coming in third overall for the weekend, behind the Sam Raimi-directed thriller “Send Help” ($20 million) and “Iron Lung” ($17.8 million), a video game adaptation from YouTuber Mark Fischbach (better known as Markiplier). Amazon paid $40 million to acquire “Melania” and is reportedly spending $35 million to promote it. So even though the documentary is outperforming pre-release estimates predicting a $3 to $5 million opening weekend, it’s unlikely to make a…

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Tesla CEO Elon Musk has spent months — years? — trying to position his company as something more than just a maker of electric vehicles. When Tesla acquired Solar City in 2016, he (and his comms team) pitched it as a sustainable energy company. Over the past year, he has pushed the idea of Tesla as an AI and robotics company.  Musk’s aspirational branding has slammed…

Indonesia has followed Malaysia and the Philippines in lifting a ban on xAI’s chatbot Grok. The Southeast Asian countries banned Grok after it was used to create a flood of nonconsensual, sexualized imagery on X (now a subsidiary of xAI), including images of real women and minors. In late December and January, Grok was used to create at least 1.8 million sexualized images of women, according to separate analyses by The New York Times and the Center for Countering Digital Hate. In a statement, Indonesia’s Ministry of Communication and Digital Affairs said that it was lifting the ban after X…

As the global race to build AI infrastructure accelerates, India has offered foreign cloud providers zero taxes through 2047 on services sold outside the country if they run those workloads from Indian data centers — a bid to attract the next wave of AI computing investment, even as power shortages and water stress threaten expansion in the South Asian nation. On Sunday, India’s finance minister Nirmala Sitharaman announced (PDF) the proposal in the country’s annual budget, offering a tax holiday — effectively zero taxes — on revenues from cloud services sold outside India if those services are run from data…