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On Wednesday morning at 7:30 a.m, the mimosas started flowing at Convoy’s Seattle headquarters. It wasn’t a celebration. After months of Convoy trying desperately to raise cash or find a buyer, employees had just been ordered to stop taking new orders and cancel existing shipments. The startup, which had raised more than $1 billion from backers ranging from Jeff Bezos and Bono to Fidelity and T. Rowe Price, was out of money and about to shut down.
Though Convoy had been frequently hailed as the “Uber for t
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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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AI-powered scams are tricking victims faster than ever, with many losing money within minutes through convincing fake identities. Read more ›
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Pokémon Champions was great on my Nintendo Switch 2, but the iOS and Android version is better. Read more ›
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An anonymous reader shared this report from the Associated Press: Officials in Kansas City, Missouri, are preparing to equip cameras on some public buses with facial recognition software capable of identifying passengers who appear on a list of banned riders or missing persons. Supporters and opponents alike view the effort as a major litmus test for tapping the AI-powered software on a U.S. public transportation system, positioning Kansas City as... Read more ›
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Blockaid said an attacker tricked Jaredfromsubway.eth into approving fake trading routes, then used those approvals to drain WETH, USDC and USDT. Read more ›
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Crypto firmed over the weekend after Friday's sell-off, with bitcoin recovering toward $64,000. Permanent ceasefire talks open in Switzerland, but Iran's order to close the Strait of Hormuz again revives the risk the deal was meant to settle. Read more ›
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For years, Cult.fit’s playbook revolved around one thing: gym memberships. The fitness startup, founded in 2016 by former Flipkart executives… Read more ›
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На бирже Nasdaq этой весной выстрелила не новая нейросеть и не производитель чипов. В мае 2026 года инвесторы поверили в старую идею о том, что можно брать тепло из Земли и круглосуточно превращать его в электроэнергию. Fervo вышла на IPO Nasdaq, разместила акции выше изначального диапазона и собрала 2,174 миллиарда долларов валовой выручки. Рынок купил обещание стабильной чистой энергии для ЦОД и сетей.Разбираем, почему размещение превысило план, какую идею продала... Read more ›
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I tested a mess-free smart misting fan with powerful yet quiet performance and a budget-friendly price — here’s why it’s a must-have device for the summer. Read more ›
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Microsoft’s modern Media Player for Windows 11 has received an Insider Preview update, but tests suggest it still uses more memory and opens videos more slowly than the classic Windows 7-era version. Read more ›
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Valkey (форк Redis под крылом Linux Foundation) в релизном цикле 9.1 отдал ИИ-агентам рутину мейнтенанса: бэкпорт-агент сам раскатывает фиксы по веткам 7.2/8.0/8.1/9.0, отдельный агент сканирует provenance кода на конфликт с нынешней лицензией Redis (чтобы в форк случайно не затёк несовместимый код родителя), а агентский поиск багов наткнулся на ещё закрытую CVE. Разбираю не «ИИ заменяет мейнтейнеров», а как это сделали по уму: по словам Мэделин Олсон из AWS, агентов посадили... Read more ›
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Virgin Media O2 and VodafoneThree’s move comes after Apple and Samsung resisted calls to adopt broader measures Read more ›
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The gaming market has had a rough go of it this decade – first COVID slowed down the rollout of the PlayStation 5 and Xbox Series X, then the crypto boom vacuumed up available GPUs, now AI has made RAM chips the new gold. This has led to smartphone makers rising prices, but PCs and consoles are just as affected – the PS5, the Xbox, the Steam Deck and the... Read more ›
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Вот и следующий день, утро воскресенья. В комментариях к моей статьи о поездке развернулась дискуссия: многие написали что 55 тысяч это дорого и кто-то советовал направить эти деньги в ОФЗ, а кто-то как обычно перепутал меня с другим автором со схожей фамилией. Кстати мы с ним случайно пересеклись и даже сфоткались.Вместо трёх частей я решил сделать две (часть докладчиков не смогла добраться из-за закрытых аэропортов, а у несколько других запланированных... Read more ›
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In January a college student posted a video showing him winning $100,000 on Polymarket — one of 145 that appeared to show bets adding up to almost $410,000, reports the Wall Street Journal. "But none of those bets were real." Instead its creator was "one of dozens of mostly college-age creators Polymarket paid to film themselves making fake trades and sometimes scoring fake wins," the Journal reports, citing interviews with... Read more ›
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I chatted with John Griffin, Jeff Pinkner and Jack Bender about the penultimate season. Read more ›
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See the Moon phase expected for June 21, 2026 as well as when the next Full Moon is expected. Read more ›
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Big Tech wakes up to the need for brawn and crafts skills to build and maintain data centres Read more ›
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The Information
Anthropic and OpenAI have some pressing reasons to go public. But they have already relieved some of the pressure that typically pushes companies toward initial public offerings: employees anxious to cash out their equity. The two AI model companies have allowed early employees and investors to sell a combined $14 billion in shares over the last five years, according to The Information’s estimates. More employee sales of private shares are... Read more ›
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Demand for knockoff versions of retatrutide, a peptide-based drug being developed by Eli Lilly, has skyrocketed lately, propelling a gray market that likely exceeds $100 million in annual sales, according to an estimate prepared by The Information that examined many of the market’s biggest ... Read more ›
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What a weekend! Set time aside this coming Thursday for the New York City ticker tape parade celebrating the victorious Knicks. The joy flowing from that game Saturday night tops even the plaudits flowing from SpaceX’s successful IPO (read down for more on that subject.) Still, SpaceX was quickly supplanted in the business limelight by the latest Anthropic-government drama, this time over the AI firm’s recently released Fable 5 model.... Read more ›
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Tencent Holdings has backed a new AI lab founded by Junyang Lin, former lead researcher of Alibaba Group’s Qwen models, according to two people with knowledge of the investment. Tencent invested $20 million in Lin’s first funding round that raised several hundred million dollars at a post-money ... Read more ›
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Data center software startup and AI-server broker Hydra Host has raised $100 million at a valuation of close to $800 million, led by Kindred Ventures. Nvidia, Cathie Wood’s ARK Invest, early CoreWeave backer Magnetar, and existing investors Founders Fund and Flume Ventures also participated. ... Read more ›
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The Murdoch family’s Fox is buying Roku for $22 billion in cash and stock, or $160 a share, giving Roku shareholders an exit at the highest price at which the stock has traded since the 2020-2022 Covid-fueled surge. In recent years Roku has traded mostly below $100 a share. Roku, which sells ... Read more ›
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When Broadcom last week announced a funding venture with Apollo and Blackstone to pay for a gigawatt of computing capacity to be used by Anthropic, it looked like the latest in a series of AI computing deals funded by private equity. Behind the scenes, however, the deal represents a risky move by Broadcom to boost demand for its chips. While the announcement didn’t spell out Broadcom’s role, the company—which works... Read more ›
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Salesforce has agreed to buy Fin, a startup that develops customer agents formerly known as Intercom, for $3.6 billion, as the software giant hopes to win new businesses from enterprises to adopt its own AI offering. The sale price is a big premium to Fin’s last valuation of $2 billion set at a ... Read more ›
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Anthropic can’t catch a break! Leaders of the AI firm are meeting with Trump administration officials in D.C. this week to try to resolve a dispute that blew up on Friday night. The administration said that it would need to cut off access to its most advanced Claude Fable 5 and Claude Mythos 5 models to foreign nationals, which led to the company taking down the models altogether. Then, on... Read more ›
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As AI developers and cloud providers have launched server chips to lessen their dependence on Nvidia’s, some analysts and executives at these firms expected the chips to eat into Nvidia’s market share.That doesn’t seem to be happening.Nvidia has actually increased its share of the market for chips that power existing AI models, known as inference, to 74% from 66% over the past year, according to The Information’s estimates based on... Read more ›
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21.06.2026 04:16
Last update: 04:11 EDT.
News rating updated: 11:12.
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