OpenAI to acquire developer tooling startup Astral

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OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images OpenAI on Thursday announced it’s acquiring Astral, a small startup that builds popular open source tools for software developers. Astral’s team will join OpenAI and help build out its artificial intelligence coding assistant called […]


Developer Michael Shvo forced to sell Miami’s iconic Raleigh Hotel

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Michael Shvo, the once-high-flying New York developer, crashed to Earth on glam South Beach, Miami, boulevard Collins Avenue. Shvo was forced to unload the iconic Raleigh Hotel to Nahla Capital for $270 million this month, Bloomberg first reported. The project was beset by slow condo sales, stalled construction and a looming, $190 million mortgage payment. […]


Meta files lawsuit against developer of CrushAI ‘nudify’ app

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Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty Images Meta is suing a company that ran ads on its services to promote an app that lets people create non-consensual, sexualized images of others using AI technology, the social media company […]


Luxury department store Printemps moves up US debut at One Wall Street, developer says

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Printemps, the French luxury department store, will open its first US location in March, One Wall Street developer Harry Macklowe says. The eagerly awaited launch – previously reported as happening in the spring — might be the most momentous debut ever in the retail-deprived FiDi neighborhood. French luxury department store Printemps will open its first […]