16 place 0 fresh

633 Rivian Sales Drop, Forecasts First Gross Profit

The Information
Scott Thurm @ The Information · today 17:14 EDT

Electric vehicle maker Rivian reported lower deliveries and a 35% decline in third-quarter revenue in part because of a shortage of a key part. The company’s quarterly loss declined from a year earlier because of lower expenses, and Rivian said it expects to post its first gross profit in the ...

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The Information The Information
Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · today 18:21 EDT

ByteDance sets sights on European AI expansion with a new R&D centre

ByteDance prepares to establish an AI R&D centre in Europe. Move follows ByteDance’s $2.13 billion investment in a Malaysian AI centre, Lark model, and Coze platform. ByteDance, the tech giant behind TikTok, is making strategic moves to strengthen its AI capabilities by preparing to establish a new research and development centre in Europe. According to... Read more » Read more

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Polly Thompson @ Business Insider 1 place · today 05:26 EDT

Musk's legal battles pile up as Twitter's ex-CMO becomes the latest to sue him

Leslie Berland was chief marketing officer when Elon Musk bought Twitter. She was fired around a month after he took over the company, now known as X. Read more

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Business Insider
Lauren Edmonds @ Business Insider 2 place · today 15:49 EDT

Intel says it's bringing back free office coffee to boost morale after a rough year

Intel has struggled to stay competitive in recent years, causing it to layoff thousands of employees and slash employee perks like free coffee. Read more

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SlashGear
SlashGear 1 place · today 19:15 EDT

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Believe it or not, but some of those engines you see powering cars screaming around the track have made it into production cars. Here are some of our favorites. Read more

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Business Insider
Mikhaila Friel @ Business Insider 3 place · today 08:08 EDT

The Australian Olympian 'Raygun' suffered abuse for her viral breaking-dancing moves. Now, she's retiring.

The Australian breaker said the criticism she had faced after the Paris Olympics had been "really upsetting" and "impossible to process." Read more

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Business Insider
Laura Italiano,Haven Orecchio-Egresitz @ Business Insider · today 19:23 EDT

Giuliani says he can't surrender a Joe DiMaggio jersey in $148M defamation case because it's locked up in Ronkonkoma, NY

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The Verge
Emma Roth @ The Verge 1 place · today 16:30 EDT

AOL’s ‘You’ve Got Mail’ voice, Elwood Edwards, dies at age 74

Image: AOL via YouTube Elwood Edwards, the voice of AOL’s “You’ve Got Mail” greeting, has died at age 74 after a long illness, according to local Ohio news station WKYC, where he was employed for many years. During a 2016 interview, Edwards recounted how he became the voice of AOL. His wife, who worked at Quantum Computer Services (which later became AOL), heard that the company was looking to add... Read more

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Business Insider
Ana Altchek @ Business Insider · today 14:36 EDT

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Business Insider
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Gizmodo
Cheryl Eddy @ Gizmodo 1 place · today 18:15 EDT

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Eurogamer.net
Matt Wales @ Eurogamer.net 1 place · today 14:17 EDT

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Gizmodo
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MacRumors
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MacRumors
Joe Rossignol @ MacRumors 2 place · today 12:22 EDT

RIP, Apple Stickers (Kind Of)

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Business Insider
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The Australian Olympian 'Raygun' went viral for her breaking moves. Now, she's retired from competition.

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MacRumors
Tim Hardwick @ MacRumors 3 place · today 06:48 EDT

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The Information The Information
The Information
Martin Peers @ The Information 2 place · 11/01/2024 18:35 EDT

You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years to buy more bitcoin, using equal parts debt and equity. The total raised would nearly double MicroStrategy’s size, given that... Read more

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The Information
Juro Osawa @ The Information 3 place · 11/04/2024 16:36 EDT

TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024, according to two people with knowledge of the financial results. As TikTok accounts for most of ByteDance’s revenue outside China, the growth suggests that TikTok’s advertising and other businesses have remained strong despite the threat of a U.S. ban. ByteDance’s overall revenue in the first half—mainly coming from advertising and... Read more

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The Information
Natasha Mascarenhas @ The Information 2 place · 11/05/2024 19:09 EDT

Sarah Guo’s Conviction Nears $200M Fund II

Conviction Partners’ Sarah Guo, a former general partner at Greylock Partners who left the firm two years ago to back very young AI startups, is raising around $200 million for her second fund, according to a person with direct knowledge on the fundraising efforts. Guo has also told prospective ... Read more

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The Information
Aaron Holmes @ The Information · 11/04/2024 09:00 EDT

Corporate Spending on OpenAI Threatens Salesforce, Other Enterprise Apps

Artificial intelligence is supposed to transform the business world and boost the software industry that’s selling it. But as companies spend more money on chatbots and other conversational AI (see related chart), some say they plan to reduce spending on other types of software, such as expensive enterprise applications and non-AI cloud services. That could limit the upside from AI for providers of cloud services and enterprise software. Take C1,... Read more

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The Information
Juro Osawa @ The Information · 11/05/2024 16:40 EDT

Donald Trump used to be TikTok’s biggest threat. But now, four years after he tried to ban the app, he may be TikTok’s last hope for survival. As Americans vote in Tuesday’s election, TikTok’s top executives believe the company would be better off with a Trump presidency than a Harris administration. Trump has come out in opposition to banning TikTok, which under a new law is required if the app... Read more

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The Information
Aaron Holmes @ The Information · 11/04/2024 16:23 EDT

T-Mobile agreed to pay OpenAI roughly $100 million over the next three years as part of a deal to use the startup’s technology, The Information reported on Monday. T-Mobile is paying to use OpenAI’s models to develop a new customer service chatbot that will aim to remember customer-specific data ... Read more

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The Information
The Information 1 place · 11/02/2024 08:00 EDT

Shortly after 2 a.m. on a Saturday in a midtown Manhattan sports bar packed with Aussies, Dr. Tom Oxley was feeling stunned. The underdog Brisbane Lions, his longtime favorite Australian rules football club, was up 73 to 27 against the Sydney Swans going into the second half of the championship match. “It’s a good start,” Oxley acknowledged, clad in his typical game-day fit, a maroon, blue and yellow Lions jersey.... Read more

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The Information
Kalley Huang @ The Information · 11/05/2024 14:25 EDT

OpenAI has hired Caitlin Kalinowski, who previously led hardware for augmented reality glasses at Meta Platforms, to lead robotics and consumer hardware, she said in a post on X Monday. A spokesperson for OpenAI confirmed her hire. Kalinowski said she will “initially focus on OpenAI’s robotics ... Read more

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The Information
Erin Woo @ The Information 3 place · 11/05/2024 18:54 EDT

Google accidentally publicized an internal preview of artificial intelligence that takes over a person’s computer to complete tasks, confirming an earlier report in The Information about the product, codenamed Jarvis. The prototype of the AI, known as a computer-using agent, was briefly ... Read more

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The Information
Kate Clark @ The Information · 11/04/2024 15:13 EDT

The stakes for Silicon Valley in Washington have never been higher, as Democrats and Republicans argue over how to best ensure America’s tech supremacy. We’ve mapped out how, if elected, each presidential candidate would change aspects of tech, from antitrust and AI to China and crypto, based on their comments and people closely following their campaigns. Read more

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