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Early last year, venture capitalist Tom Loverro offered a grim prediction. He wrote that a mass extinction event was coming for startups that would make the 2008 financial crisis “look quaint.” At the time, he told companies to reduce expenses through layoffs and focus on survival rather than keeping their valuations high. Now he’s back with a much rosier projection. Startups that endured that gruesome period can start spending to grow again. In other words, they should “get responsibly aggressive.”“It’s im
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The Information
Robert Rivani, 34, believes in intermittent fasting and takes calls from the backseat of his car while he's being driven around. Read more ›
2,030 fresh
Hilton has experimented with different portion sizes of fruit and smoked salmon at its breakfast buffets based on insights from AI cameras. Read more ›
783 fresh
The heavy, truck-mounted EuroPULS launcher can carry twice as many rockets as Lockheed Martin's HIMARS. Read more ›
629 fresh
In a battle of store brands, Walmart is now offering private-label food similar to what Target is known for. The real winners here are customers. Read more ›
530 fresh
A couple in Astoria, Queens, rented out their basement on Airbnb for years. New city regulations have made that illegal. Read more ›
441 fresh
The Atlanta Fed's Wage Growth Tracker and a new analysis of Bank of America data show pay raises for job switchers have cooled. Read more ›
426 fresh
Former LA Noire developers are reportedly working on a new psychological thriller set in 1940s Los Angeles, "Sowden House".Two separate posts have popped up on Instagram from performer, composer, and producer Freyja Garbett, who says they've been working on a "HUGE" project "writing for a video game [...] from the creators of LA Noire"."From the creators of LA Noire comes Sowden House, a psychological thriller also set in the 1940’s... Read more ›
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President Joe Biden remains the Democrat's best shot for the White House in 2024, Professor Allan Lichtman told WSJ, based on his election model. Read more ›
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Project 2025 is a plan for the first 180 days of the next Republican president. It's so extreme that even Donald Trump has distanced himself from it. Read more ›
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In 1967 Dodge produced the Coronet WO23. Here is what made that car one of the ultimate machines on the street and on the track. Read more ›
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Joe Biden took some hits during the debate, but he's come back swinging with $38 million in donations, his campaign said. Read more ›
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The success of Cyberpunk 2077's Phantom Liberty DLC was only possible due to the base game's "negative reception".That's according to senior quest designer Paweł Sasko, who acknowledged that if the original game's 2020 release hadn't been "as negative as it was", "it couldn't have been possible" for expansion Phantom Liberty to have "worked significantly better at launch"."Phantom Liberty worked significantly better at its launch because we completely changed the production... Read more ›
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A new Bloomberg News/Morning Consult swing-state poll shows Trump with a slim 47% to 45% lead over Biden. But the president remains in a tough spot. Read more ›
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Radhika Merchant and Anant Ambani, youngest son of Asia's richest man, will marry on July 12. Their lavish celebrations have made global headlines. Read more ›
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In case you missed it, we’re officially getting a Jaws Lego set this summer. The company unveiled the upcoming 1497-piece set this week alongside a 90-second mini-movie that reimagines the film in Lego brick form. The Jaws set includes the boat (the Orca), the shark, and minifigures of the protagonists Martin Brody, Matt Hooper and Sam Quint, plus a number of key items from their hunt, like a harpoon and... Read more ›
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Final Fantasy developer Square Enix has reportedly linked up with Tencent to develop a mobile version of its fan-favourite MMO, Final Fantasy 14.Further to the strategic agreement both companies signed back in 2018, Exputer believes the companies are now working on a mobile port of Final Fantasy 14.It's not clear if the mobile game will be exclusive to one mobile manufacturer, or available on all devices. Read more Read more ›
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As it is right now, Google Messages will not be representing Android as well as it could to iPhone users. Read more ›
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BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees. Read more ›
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The Information
As résumés go, Derek Rundell’s is a doozy. The self-described serial entrepreneur briefly worked as a consultant for Michael Jackson, the late pop star, and he wrote, directed and acted in “Zombie Sitter,” a low-budget movie about a preteen navigating a post-apocalyptic world following a meteor shower that has turned the population into the walking dead. But in 2013, Rundell started working for a powerful client: Eric Schmidt, a longtime... Read more ›
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The next phase of SoftBank CEO Masayoshi Son’s plan to make the company a leader in artificial intelligence is coming into focus. And it is complicated—and potentially costly. SoftBank has recently talked with banks about borrowing money to fund investment of up to $10 billion in energy-related projects, where AI is driving an enormous increase in demand, according to a person with direct knowledge of the discussions. SoftBank also is... Read more ›
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A year ago, Character.AI had the wind at its back. Founded by two artificial intelligence pioneers from Google, the startup had launched AI chatbots that offered what its far larger rivals hadn’t yet provided: something fun. Millions of people had signed up for its website and apps, intrigued by the chance to text with facsimiles of anime characters, TV personalities and historical figures in hyper-realistic roleplay. Executives discussed raising additional... Read more ›
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Runway, already the best funded among a cluster of startups developing artificial intelligence software to generate videos for Hollywood and more amateur filmmakers, is trying to strengthen that lead with a new round of financing. The firm is in talks with investors to raise $450 million at about a $4 billion valuation, according to a person involved in the deal and a person who spoke with Runway executives. General Atlantic,... Read more ›
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Saks Fifth Avenue parent company HBC has agreed to buy rival Neiman Marcus for $2.65 billion, with Amazon taking a minority stake in the newly combined company, the Wall Street Journal reported on Wednesday. The Journal did not report the size of Amazon’s stake in the new company, which will be ... Read more ›
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Happy anniversary, Andy Jassy! Well, almost. On Friday, the Amazon CEO will celebrate the third anniversary of his ascension to the top job. And this year Jassy has something to really celebrate.Amazon’s stock closed today at $200, its highest point ever. It’s also 14% higher than when Jassy took the reins, which might not sound like a lot but, hey, don’t forget Amazon stock cratered with the 2022 stock market... Read more ›
1
SoftBank is discussing with banks how to fund investments of up to $10 billion in energy-related projects, as artificial intelligence drives an enormous increase in demand for power, The Information reported. The company is also exploring ways to secure access to a large volume of Nvidia’s ... Read more ›
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Sometime in the next few months, a judge is expected to rule on the U.S. Department of Justice’s antitrust lawsuit against Google over its dominance of internet search. One of the biggest risks Google faces is the possibility that the judge will end the agreement making Google the default search engine on Apple’s Safari app for iPhones. For several years, Google has been trying to protect itself against that possibility... Read more ›
1
Another day, another barrage of stories about fretful Democratic donors, worried Democratic insiders and a defiant reelection campaign from President Joe Biden. If you’re a liberal Silicon Valley or Hollywood type with strong Biden allegiances and political proclivities, you may find yourself stuck between two playbooks used in business.One would dictate ignoring Biden’s critics, battening down the hatches and riding out the news cycle. Plenty of business success stories are... Read more ›
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After two Tesla veterans launched Northvolt in 2017, the Swedish battery developer rapidly became Europe’s most prominent champion in the race to develop local electric vehicle and battery industries. Though it had never made a battery, the company announced a whirlwind of plans for vertical integration—plants across Europe and in Canada that would process lithium, make electrodes, manufacture batteries and recycle them when they were spent. Northvolt would make next-generation... Read more ›
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Most popular sources
Business Insider
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32% 15 |
Tom's Hardware
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18% 12 |
Eurogamer.net
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16% 10 |
Android Authority
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12% 6 |
Gizmodo
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3% 14 |
| View sources » | |
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07.07.2024 06:57
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