Ian Logan was one of the first employees at Airbnb, eventually becoming the company's Director of Engineering. Now, he's taking the lessons he learned there to build a new start-up called Drop. Drop is an app that rewards users with money to spend at their favorite retailers. Logan says it operates as a platform that connects partners and customers. Drop just announced a $21 million Series A round of funding. Logan says he plans to use some of that money to triple the company's engineering staff this year.

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Book authors settle copyright lawsuit with AI company Anthropic
A group of book authors has reached a settlement with AI company Anthropic after suing for copyright infringement. A federal appeals court filing Tuesday said both sides have negotiated a proposed class settlement, with terms to be finalized next week. Anthropic declined to comment. A lawyer for the authors called it a "historic settlement." In June, a federal judge ruled that Anthropic didn't break the law by training its chatbot on copyrighted books. However, the company was still facing trial over acquiring those books from online "shadow libraries" of pirated copies.
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