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Trucking startup Convoy’s revenue collapsed in the first nine months of this year, falling far short of the company’s 2022 revenue, according to two people with direct knowledge of the company’s financials. The revenue shortfall preceded an abrupt shutdown of the company’s day-to-day operations on Wednesday and sweeping layoffs it announced on Thursday.
As of early October, Convoy had taken in about $320 million in revenue, the people said, which puts the firm on pace to fall drastically short of last year
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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It’s tough to find decent gaming laptops under $1,000. However, Best Buy has what I consider to be a good entry-level model for 1080p gaming in Lenovo’s 15.6-inch LOQ laptop, which is selling for $649.99 (usually $959.99) through today, April 9th. Even with its Nvidia’s RTX 4050 (its lowest-tier GPU of the series), the laptop […] Read more ›
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Wyvern’s Kurtis Broda writes that the CSA needs to support moonshots from Canadian companies. Read more ›
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The agency is already formulating the next Artemis mission, which will test integrated operations between the Orion spacecraft and one or both of NASA’s Moon landers. Read more ›
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Versatility is the name of the game when it comes to owning power tools, and the amount of useful things you can do with a rotary tool makes it a must-own. Read more ›
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Divisive yet successful open-world fantasy game Crimson Desert notably does not come with a character creator. The game casts you as male hero Kliff and that's mostly who you are, besides some shorter stints as the characters Damiane and Oongka. You can change Kliff's hair and beard and tattoos later in the game, but you can't change his appearance structurally, or his gender. Until now, that is. Read more Read more ›
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Card skimmers were found in 1x1 pixel SVG images, apparently deployed through PolyShell. Read more ›
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Despite a shaky start in 2021, Konami's live service successor to football series Pro Evolution Soccer (PES), the online game eFootball, has now been downloaded an incredible number of times. Officially, it's surpassed more than one billion downloads worldwide, Konami has said, and it's having something of a celebration in its honour. Read more Read more ›
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The Acer Predator Helios 18 AI is down to $2,539.99, a $560 saving off its $3,099.99 comp value, and it represents the kind of spec sheet that leaves very little on the table. An RTX 5080 with GDDR7, a 24-core Intel Core Ultra 9, and a 250Hz Mini-LED panel at 1000 nits add up to […] Read more ›
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MSI’s Stealth A16 pairs a Ryzen AI 9 HX 370 processor with 64GB of DDR5 and a 2TB NVMe SSD for demanding creative projects and heavy multitasking. Read more ›
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I overworked myself until my health collapsed. I quickly lost everything and lived off of $12,000 in SoCal. I rebuilt my life with the help of others. Read more ›
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Meta is opening its wallet again—and this time, the number is hard to ignore. The company has signed a fresh $21 billion agreement with CoreWeave to secure more cloud computing capacity, extending a partnership that is quickly becoming central to ... Read more ›
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The longevity variable that outperforms exercise, sleep, and diet has nothing to do with what you put in your body and everything to do with whether someone else can see what's actually inside it. Read more ›
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Nvidia is about to throw another wrench into laptops led by Intel, AMD, and Qualcomm. Read more ›
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Apple is weighing two options for the iPhone 18 Pro's Dynamic Island, and a final decision has yet to be made, according to the Weibo leaker known as Digital Chat Station. In a new post today, the leaker says that current supply chain feedback points to an A/B scenario: one option retains the existing screen mold from the iPhone 17 Pro, while the other introduces a significantly smaller "Mini Dynamic... Read more ›
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If these “billions per year” in deals close, it’d mark quite the turnaround for Intel Foundry, which generated just $307 million in external revenue last year. Read more ›
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The agency filed a lien against the boxer, who is embarking on a lucrative comeback. Read more ›
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The Information
OpenAI has acquired TBPN, the popular tech news talk show that has become a hit over the last year with an enthusiastic embrace of AI and Silicon Valley. OpenAI didn’t say how much it had paid for TBPN, which was reportedly on track for $60 million in revenue this year. TBPN will have editorial ... Read more ›
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The cybersecurity field is buzzing about an upcoming Anthropic AI model that could be used by hackers to “exploit [security] vulnerabilities in ways that far outpace the efforts of defenders,” according to a draft blog post the company mistakenly made public.Anthropic has been briefing cybersecurity researchers and is giving them early access to the model, which is said to be better than past models at generating and reviewing computer code.... Read more ›
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The Department of Defense on Thursday appealed a federal judge’s order to temporarily halt the Pentagon’s designation of Anthropic as a supply chain risk. The appeal was expected; Judge Rita Lin’s preliminary injunction from last week included a seven-day administrative stay giving the Pentagon ... Read more ›
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In recent weeks, Fidji Simo has burst into public view as the OpenAI executive bringing much-needed discipline to the AI startup, as it inches toward an initial public offering late this year. Last month, Simo—who is now CEO of AGI Deployment—delivered the sobering message to the company’s staff that OpenAI can no longer chase “side quests” that distract it from its priorities. In the wake of that, OpenAI killed Sora,... Read more ›
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Tether, the world’s biggest stablecoin issuer, is making a last-ditch effort to raise funds at a $500 billion valuation, pressing investors to commit to the deal within the next two weeks, according to people familiar with the matter. The company, which is based in El Salvador, has been struggling to raise the funds since late last year because investors have been wary of the valuation. If too few investors agree... Read more ›
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The AI-driven scramble for compute is still powering red-hot data center acquisitions even as overall technology deals slowed in the first quarter this year. In the latest example, Blackstone, the world’s largest alternative asset manager, agreed to acquire a 49% stake in Rowan Digital Infrastructure, a five-year-old data center developer based in Denver, according to people with knowledge of the deal. Read more ›
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OpenAI’s CEO of AGI Deployment, Fidji Simo, strongly believes that the company should stay out of social media, a business she knows intimately from her time running Facebook for Meta Platforms, The Information reported on Thursday. That’s in contrast to CEO Sam Altman, who has in the past ... Read more ›
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Blackstone, the world’s largest alternative asset manager, agreed to acquire a 49% stake in Rowan Digital Infrastructure, a five-year-old data center developer based in Denver, The Information reported Thursday. The agreement—which follows a report by The Information last week that Blackstone ... Read more ›
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OpenAI’s shuttering of Sora wasn’t meant to be the end of its adventures in video generation, it turns out. Instead of using AI to generate videos, OpenAI wants to use videos to drive AI adoption.That’s one way of looking at the company’s rather startling decision on Thursday to buy TBPN, the Silicon Valley talk show that specializes in schmoozy interviews with tech CEOs. The purchase is confounding in a couple... Read more ›
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Anthropic has acquired AI biotech startup Coefficient Bio for roughly $400 million, according to a person with knowledge of the deal. The startup’s team will be joining Anthropic’s health care life sciences group, which is aimed at developing tools for biotech workflows ranging from drug discovery to clinical commercialization, said the person. Coefficient Bio, started last fall, was developing a platform that enables AI to run biotech tasks such as... Read more ›
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09.04.2026 11:48
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