21 place 126 fresh
Logistics company Flexport is making fresh job cuts and will sublease excess warehouse space to overhaul the money-losing fulfillment business it acquired from Shopify last year, according to a memo to staff on Wednesday.
Flexport, which was valued at $8 billion in a 2022 funding round, has seen revenue drop since then amid a broader collapse in freight markets. At the same time, it has struggled to fit the fulfillment acquisition into its main business of helping companies arrange ocean and air freight.
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The Information
Now that Apple doesn't include power adapters with new iPhones, you have to supply your own, and it can be a little confusing figuring out what you need specifically to get the fastest charging speeds. Apple added another layer of complexity this year with upgraded MagSafe charging for the iPhone 16 models, a feature that also requires specific hardware. USB-C All of the iPhone 16 models can charge from 0... Read more ›
2,894 fresh
United States District Court Judge Tanya Chutkan released the 165-page motion by Special Counsel Jack Smith on Wednesday. Read more ›
1,986 fresh
Apple CEO Tim Cook will soon be $50 million richer after selling 223,986 shares of Apple Stock, earning him a total of $50,276,076, according to an SEC filing. Cook was originally granted the stock as part of performance-based award based on Apple's shareholder return relative to other S&P 500 companies, and he often sells stock in October. Earlier this week, Cook was granted an additional 219,502 shares of Apple stock.... Read more ›
1,918 fresh
Image: Cath Virginia / The Verge; Getty Images First, it was Spotify, then Verizon, then PlayStation, and now it’s apparently Bank of America’s turn to have an outage this week. Some customers have reported problems accessing their bank accounts on Wednesday, with the balances showing $0 or “—-” instead of what should be there. Reports spiked just before 1PM ET on Down Detector, with posts across X and Reddit from... Read more ›
941 fresh
Meta’s glasses include a privacy light, but it’s not always easily visible. | Photo by Amelia Holowaty Krales / The Verge Two Harvard students have created an eerie demo of how smart glasses can use facial recognition tech to instantly doxx people’s identities, phone numbers, and addresses. The most unsettling part is the demo uses current, widely available technology like the Ray-Ban Meta smart glasses and public databases. AnhPhu Nguyen,... Read more ›
782 fresh
Russia's proposed spending on its own chipmaking tools industry by 2030 is 57 times lower than its spending on war against Ukraine in 2025 alone. Read more ›
764 fresh
In a recent all-hands, Google leaders told staff it was keeping its work policy flexible, but warned staff to be productive at home. Read more ›
610 fresh
Image: The Verge Charter’s Spectrum TV Select cable plan will include a free ad-supported Peacock Premium subscription next year, reports Reuters. The addition comes as Charter announced today that it has reached a new “multi-year deal” with NBCUniversal, which owns Peacock, to keep its TV channels in Charter’s cable lineup. Charter recently lined up a similar agreement with Disney that lets it bundle Disney’s ad-supported Disney Plus Basic with Spectrum... Read more ›
586 fresh
The former President has repeatedly downplayed the traumatic brain injuries of US soldiers from an Iranian missile attack in 2020. Read more ›
461 fresh
Those cut off from internet and regular cellphone services may be able to get online with help from Spectrum. Read more ›
440 fresh
Two students at Harvard University modified a set of Meta Ray-Ban Smart Glasses to add AI-based facial recognition technology, and the result is a wearable that is able to identify people in real time, according to a report from 404 Media. The modified Meta Glasses are able to use the camera to scan a stranger's face to get their name, and there's also a function for pulling information like home... Read more ›
428 fresh
The Windows 11 24H2 rollout formally removes support for Wordpad as Microsoft formally adds in its deprecated feature, ending its 28 years of product lifespan. Read more ›
415
The sun kicked out a major flare, which means the aurora borealis could shine bright from Oct. 3-Oct. 5. Here's where and how to catch the spectacle. Read more ›
392 fresh
I drove a 2024 Toyota Highlander and was impressed by its efficient hybrid powertrain, great build quality, and well-designed cabin. Read more ›
383 fresh
Select Galaxy owners are having a not-so-fun day today, with phones apparently stuck in endless bootloops following a SmartThings framework system app update. Devices affected include the Galaxy S10 series, as well as the Galaxy Note 10 series. The full list of devices can be found below. With system app updates, it’s entirely possible for … Continued Read the original post: Galaxy Devices Stuck in Bootloop Following App Update Read more ›
374 fresh
Linking Meta smart glasses to a face search engine can ID strangers in a glance. Read more ›
348 fresh
Suicide Squad: Kill the Justice League's third season is here, but its Steam debut has failed to entice players back to the game. Read more Read more ›
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A sitting congressman from Georgia posted the strange photo without explanation. Read more ›
302 fresh
The Information
Last fall, members of OpenAI’s board of directors had had enough of the rumblings inside the artificial intelligence startup about CEO Sam Altman’s management style. They began questioning staffers, including Chief Technology Officer Mira Murati, about how Altman operated, including his tendency to pit other leaders against each other. They worried that those tendencies, left unchecked, could hurt OpenAI’s ability to retain key researchers and executives. A year later, those... Read more ›
48
Two years ago, a behind-the-scenes giant in U.S. financial markets went live with one of Wall Street’s biggest and most ambitious blockchain initiatives. Known as Project Ion, the effort aimed to use blockchain to revolutionize settlement of stock trades, when buyers fork over the cash and get share certificates. Firms ranging from big banks like JPMorgan Chase to trading app Robinhood got involved. But it didn’t catch on, a person... Read more ›
27
Welcome, Weekenders! In this newsletter:•The Big Read: How YouTuber Mark Rober got inside the heads of Silicon Valley families. • The Top 5: The best trails to use e-bikes to get out of your cars and smell Mother Nature. • Plus: A new album from electronic artist Jamie xx; a Batman villain spreads his wings; and the origins of reality television.Just when you thought OpenAI had filled its quota of... Read more ›
26
Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from venture capital. Close to 40% of the new money will go to an opportunity fund that will make follow-on investments in its portfolio companies... Read more ›
24
Meta CEO Mark Zuckerberg previewed a new feature on Wednesday that will allow creators to make realistic video avatars modeled on themselves that speak and listen to fans who visit the creators’ accounts on Messenger, Instagram and WhatsApp. Zuckerberg demonstrated the technology at Meta ... Read more ›
18
Thrive Capital has raised $391.3 million in new capital for an investment vehicle associated with its $3.5 billion growth fund launched in August, according to a securities filing. In March 2023, Thrive similarly raised $744.8 million for an special-purpose vehicle, a pool of capital dedicated ... Read more ›
17
OpenAI expects to close its funding round, which could value it at $150 billion, by next week, according to the Wall Street Journal, which cited a memo to investors from Chief Financial Officer Sarah Friar. Josh Kushner’s Thrive Capital is leading the fundraise of as much as $7 billion in ... Read more ›
13
Last fall, Satyajeet Salgar, the director of product management and user experience at Google AI, was huddled outside his kids’ Palo Alto, Calif., elementary school with a group of parents who were there for a class performance. The parents began talking about their kids’ favorite shows, and the conversation landed on the topic of Mark Rober, a YouTuber. Each of the parents discussed watching videos made by Rober—a former NASA... Read more ›
9
You’ve seen them everywhere—and have probably even dodged a couple while crossing Market Street in San Francisco or Fifth Avenue in New York. Electric bikes have become a de rigueur mode of transportation for the office-going set, affording even those who routinely skip leg day at the gym the ability to sail through SoMa without breaking a sweat. Max Mautner, a software engineer from San Mateo, Calif., who works at... Read more ›
7
The internet didn’t hold back in mocking OpenAI and SoftBank in response to my scoop on SoftBank’s Vision Fund investing $500 million at a $150 billion pre-investment valuation in the ChatGPT developer. The commentators quickly interpreted the Japanese telecom giant’s participation in the financing as a sign that the artificial intelligence market is peaking.It’s become clear that the investment firms keen to support OpenAI’s mega-financing are the same ones that... Read more ›
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Most popular sources
Business Insider
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27% 6 |
The Verge
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10% 2 |
Eurogamer.net
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10% 3 |
MacRumors
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7% 3 |
Gizmodo
|
6% 15 |
| View sources » | |
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02.10.2024 20:21
Last update: 20:15 EDT.
News rating updated: 03:10.
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