Social media security firm Spikerz has raised $7 million in a seed funding round led by Disruptive AI, with contributions from Horizon Capital, Wix Ventures, Storytime Capital, and BDMI. The funding highlights the growing demand for innovative solutions to combat cyber threats on social platforms.
The startup specialises in protecting social media accounts from phishing attacks, scams, and other risks posed by increasingly sophisticated cybercriminals. Its platform also helps users detect and remove fake accounts, malicious bots, and visibility restrictions like shadowbans. These features are particularly valuable for businesses, influencers, and brands relying on social platforms for growth.
Spikerz plans to use the investment to enhance its AI-driven platform, expand its global reach, and bolster its team. CEO Naveh Ben Dror emphasised the importance of staying ahead of malicious actors who are now leveraging advanced technologies like generative AI. He described the funding as a strong vote of confidence in the company’s mission to secure social media accounts worldwide.
The firm’s efforts come at a critical time when social media platforms play a central role in the success of businesses and creators. With the latest backing, Spikerz aims to provide cutting-edge tools to safeguard these digital livelihoods.
The European Commission has intensified its investigation into X, formerly known as Twitter, focusing on the platform’s algorithm changes and content moderation practices. Officials are reviewing the recommendation system and its compliance with the Digital Services Act (DSA). Requests have been made for internal documentation, commercial API access, and records of algorithm changes until 2025.
Concerns have emerged regarding the visibility of specific accounts and how the platform moderates content. Recent claims suggest X’s owner, Elon Musk, has influenced algorithms to promote certain narratives. Although the Commission denies political motives, these developments coincide with controversies surrounding Musk’s political endorsements in Germany.
X’s history with EU regulators includes criticism over transparency and non-compliance, such as restricted data access for researchers and misleading advertising practices. Failure to meet DSA standards could result in penalties, including fines of up to 6% of global revenue or 1% for repeated violations.
The inquiry aims to ensure compliance with the EU regulations and address concerns about misinformation and platform accountability. Enhanced oversight may reshape the governance of digital platforms like X.
OpenAI plans to introduce AI ‘super-agents’ designed to handle complex tasks at an expert level, according to a report by Axios. These advanced systems aim to perform intricate, goal-oriented tasks, far surpassing current AI chatbot capabilities. The announcement is expected within weeks, sparking widespread interest and scepticism alike.
twitter hype is out of control again.
we are not gonna deploy AGI next month, nor have we built it.
we have some very cool stuff for you but pls chill and cut your expectations 100x!
CEO Sam Altman’s recent engagements in Washington DC, including a scheduled closed-door meeting with US officials, have intensified speculation. Social media rumours suggested a breakthrough in artificial general intelligence (AGI), prompting Altman to clarify that OpenAI has not developed AGI nor plans to deploy it soon. Despite this, the proposed super-agents are projected to be transformative, with potential applications ranging from software creation to business operations.
Critics argue the claims may be overhyped. Notable figures like computer scientist Gary Marcus dismissed the feasibility of achieving such advancements in the near term. Concerns about reliability and persistent issues like information hallucination remain significant barriers to broader adoption.
Controversy also surrounds OpenAI’s flagship AI model, o3, and its reliance on a benchmark test developed by Epoch AI, a group funded by OpenAI. The FrontierMath test, intended to measure mathematical prowess, has faced scrutiny over its role in showcasing the model’s capabilities.
Circle CEO Jeremy Allaire anticipates ‘imminent’ executive orders from incoming US President Donald Trump that could reshape the financial landscape for cryptocurrency. Allaire, whose company issues the USDC stablecoin, expects these orders to allow banks to trade crypto, offer crypto investments to high-net-worth clients, and even hold digital assets in portfolios.
Trump, who has positioned himself as a ‘crypto president,’ is expected to take action after his inauguration to reduce regulatory barriers for crypto and promote widespread adoption. Allaire pointed to repealing the Securities and Exchange Commission’s Staff Accounting Bulletin 121, which has made it challenging for banks and financial institutions to hold crypto assets on their balance sheets.
Allaire also forecasted increased legislative activity surrounding digital asset regulations, with Congress expected to take a more active role in the coming weeks. Circle’s USDC is the world’s second-largest stablecoin, and Allaire’s comments signal growing optimism in the crypto sector following Trump’s election.
Spain’s government has announced a new initiative to promote the adoption of AI technologies across the country’s businesses. Prime Minister Pedro Sanchez revealed on Monday that the government will provide an additional 150 million euros ($155 million) in subsidies aimed at supporting companies in their efforts to integrate AI into their operations.
The funding is designed to help businesses harness the potential of AI, which has become a critical driver of innovation and efficiency in various sectors, from manufacturing to healthcare and finance. The subsidies will be available to companies looking to develop or adopt AI-based solutions, to foster digital transformation and maintain Spain’s competitive edge in the global economy.
Sanchez emphasised that the funding will play a vital role in ensuring Spain remains at the forefront of the digital revolution, helping to build a robust, AI-powered economy. The move comes as part of Spain’s broader strategy to invest in technology and innovation, aiming to enhance productivity and create new opportunities for growth in both the public and private sectors.
The European Commission has filed a complaint with the World Trade Organization (WTO) against China, accusing the country of ‘unfair and illegal’ practices regarding worldwide royalty rates for European standard essential patents (SEPs). According to the Commission, China has empowered its courts to set global royalty rates for the EU companies, particularly in the telecoms sector, without the consent of the patent holders.
The case focuses on SEPs, which are crucial for technologies like 5G, used in mobile phones. European companies such as Nokia and Ericsson hold many of these patents. The Commission claims that China’s actions force European companies to reduce their royalty rates globally, providing Chinese manufacturers with unfairly low access to European technologies.
The European Union has requested consultations with China, marking the first step in WTO dispute resolution. If a resolution is not reached within 60 days, the EU can request the formation of an adjudicating panel, which typically takes about a year to issue a final report. This case is linked to a previous EU dispute at the WTO concerning China’s anti-suit injunctions, which restrict telecom patent holders’ ability to enforce intellectual property rights in courts outside China.
Chinese AI company MiniMax has introduced three new models—MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD—designed to compete with leading systems developed by firms such as OpenAI and Google. Backed by Alibaba and Tencent, MiniMax has raised $850 million in funding and is valued at over $2.5 billion. The models include a text-only model, a multimodal model capable of processing text and images, and an audio generator capable of creating synthetic speech in multiple languages.
MiniMax-Text-01 boasts a 4-million-token context window, significantly larger than those of competing systems, allowing it to process extensive text inputs. Its performance rivals industry leaders like Google’s Gemini 2.0 Flash in benchmarks measuring problem-solving and comprehension skills. The multimodal MiniMax-VL-01 excels at image-text tasks but trails some competitors on specific evaluations. T2A-01-HD, the audio generator, delivers high-quality synthetic speech and can clone voices using just 10 seconds of recorded audio.
The models, mostly accessible via platforms like GitHub and Hugging Face, come with licensing restrictions that prevent their use in developing competing AI systems. MiniMax has faced controversies, including allegations of unauthorised use of copyrighted data for training and concerns about AI-generated content replicating logos and public figures. The releases coincide with new US restrictions on AI technology exports to China, potentially heightening challenges for Chinese AI firms aiming to compete globally.
Bluesky has launched a vertical video feed, positioning itself as a competitor in the short-video space amidst uncertainty surrounding TikTok’s future in the US. This new feature is accessible via the Explore tab and allows users to scroll through trending videos by swiping up. For convenience, users can pin the feed to their home screen or add it to their list of custom feeds.
Acknowledging developers building TikTok alternatives, Bluesky highlighted emerging platforms such as ‘Tik.Blue’ and ‘Skylight.Social,’ which are currently in early development stages. These efforts align with Bluesky’s growth, as the platform has surpassed 28 million users.
Other platforms are also leveraging TikTok’s precarious situation. Elon Musk’s X recently introduced a vertical video feed, while Meta unveiled Edits, a video editing app to rival ByteDance’s CapCut. Bluesky’s latest move highlights a broader shift among social networks seeking to capture the short-video audience in the US and globally.
The Federal Trade Commission (FTC) has raised concerns about the competitive risks posed by collaborations between major technology companies and developers of generative AI tools. In a staff report issued Friday, the agency pointed to partnerships such as Microsoft’s investment in OpenAI and similar alliances involving Amazon, Google, and Anthropic as potentially harmful to market competition, according to TechCrunch.
FTC Chair Lina Khan warned that these collaborations could create barriers for smaller startups, limit access to crucial AI tools, and expose sensitive information. ‘These partnerships by big tech firms can create lock-in, deprive start-ups of key AI inputs, and reveal sensitive information that undermines fair competition,’ Khan stated.
The report specifically highlights the role of cloud service providers like Microsoft, Amazon, and Google, which provide essential resources such as computing power and technical expertise to AI developers. These arrangements could restrict smaller firms’ access to these critical resources, raise business switching costs, and allow cloud providers to gain unique insights into sensitive data, potentially stifling competition.
Microsoft defended its partnership with OpenAI, emphasising its benefits to the industry. ‘This collaboration has enabled one of the most successful AI startups in the world and spurred unprecedented technology investment and innovation,’ said Rima Alaily, Microsoft’s deputy general counsel. The FTC report underscores the need to address the broader implications of big tech’s growing dominance in generative AI.
Social platform X has unveiled a vertical video feed for its US audience, aiming to capture users left adrift by the removal of ByteDance’s apps like TikTok and Lemon8 from US app stores. The new feature, accessible through a dedicated video tab, offers a streamlined way for users to view video content.
This update builds on existing functionality, where users could already scroll through videos by tapping them on their timeline. The video tab, however, marks the platform’s first dedicated space for short-form video. X has been increasingly focused on enhancing its video offerings, having launched a standalone TV app last year to feature content from creators and organisations.
As TikTok grapples with regulatory challenges, other platforms are seizing the opportunity. Meta recently introduced Edits, a video editing tool aimed at rivaling ByteDance’s CapCut, while Bluesky has rolled out its own vertical video feed. X’s latest move signals a strategic pivot to bolster its video presence and compete in this evolving digital landscape.
