prakhar@affmantra.com

Klarna CEO says firm will likely cut 1,000 employees by 2030—partially due to AI

Sebastian Siemiatkowski, CEO of Swedish fintech company Klarna, says the organization is set to drastically downsize. And he says he shares his outlook on the workforce with another CEO: Anthropic’s Dario Amodei.  Siemiatkowski made the comments on the 20 VC podcast with Harry Stebbings earlier this week, where the CEO didn’t deny that the company…

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Margot Robbie’s hot take on filmmaking goes viral as critics slam her latest movie ‘Wuthering Heights’

Emerald Fennell’s Wuthering Heights is a love-it-or-hate-it kind of film—and for the most part, critics are falling in the “hate it” camp.  The new adaptation of Emily Brontë’s classic novel is catching flak as critics say it oversimplifies a complex story of generational trauma and racial tension into a straightforward romance laced with Fennell’s signature…

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Nevada sues Kalshi for operating a sports gambling market without a license

Nevada is taking action against the rapidly growing Wild West of prediction markets. The state’s gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypassing Nevada law by operating a sports gambling market without proper licenses. In addition, they say Kalshi provides services to individuals under 21, which violates state…

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