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Benefits startup Level has told its clients that it is shutting down after an effort to sell the company fell through, marking another abrupt closure of a fintech that has left users in the lurch.
Level, which was founded in 2018 and raised a $27 million Series A round in 2021 led by Khosla Ventures and Lightspeed Venture Partners, told the companies offering its benefits plans that they would need to communicate the news to their own employees and that Level would provide them with a list of referrals to.
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The Information
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Image: Belkin Belkin has announced the Stage PowerGrip, a magnetic battery pack that doubles as a DSLR-style ergonomic grip for iPhone photography, a phone stand, and a spare wired charger for your other devices. It’ll be available in May, with pricing info coming later on. The PowerGrip is an odd-looking accessory until you see it attached to a phone. It’s clearly designed to evoke the look and feel of a... Read more ›
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The Saros Z70 from Roborock is the first robot vacuum with an articulating arm that can clear clutter out of its way. | Photo by Owen Grove / The Verge Roborock has added an arm to its latest flagship robot vacuum. And this is no tiny appendage like the one the company debuted on its S8 MaxV Ultra at CES last year; it’s an actual articulating robotic arm. The arm... Read more ›
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The Information
Robotaxis are quickly gaining ground, largely thanks to Alphabet-backed Waymo, which announced in October that it was completing more than 100,000 paid rides for passengers per week. Waymo plans to enter new regions next year. And everything in the market is sure to intensify further as Tesla tries to begin mass-producing its own robotaxis in 2026. Existing ride-hailing services are in for a period of disruption. Uber is one of... Read more ›
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When we looked into the future a year ago, we saw a period ahead full of exciting new AI gadgets, dealmaking at Netflix and trouble in a burgeoning corner of the retail world. But even the best clairvoyants don’t always get it right, and our crystal ball clearly was picking up some static interference when we gazed through it last year. Still, we were pretty correct about that retail guess,... Read more ›
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A Tesla Cybertruck that exploded in front of the Trump International Hotel in Las Vegas Wednesday morning, killing the driver and injuring several bystanders, contained gasoline and other fuel canisters and large firework mortars, Las Vegas police said. The findings, which Tesla CEO Elon Musk ... Read more ›
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Benefits startup Level has told its clients that it is shutting down after an effort to sell the company fell through, marking another abrupt closure of a fintech that has left users in the lurch. Level, which was founded in 2018 and raised a $27 million Series A round in 2021 led by Khosla Ventures and Lightspeed Venture Partners, told the companies offering its benefits plans that they would need... Read more ›
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Here’s a deal scoop to wrap up the year: RetailNext, a 17-year-old startup that sells smart cameras to bricks-and-mortar retailers for measuring foot traffic, sold earlier this month to multistage investment firm Battery Ventures, people familiar with the matter said. The transaction might sound small, but it could have bigger implications for what’s to come in venture-backed mergers and acquisitions.Battery’s private equity arm paid between $100 million and $200 million... Read more ›
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Databricks and Snowflake, already embroiled in a fierce rivalry over software that manages companies’ data, are now jockeying for position in generative artificial intelligence—particularly AI that helps businesses search their own data. Those goals have led both companies to consider buying the same startups. In recent weeks, representatives from Databricks and Snowflake have talked to the leaders of Voyage AI, a year-old startup both companies backed, about a potential acquisition,... Read more ›
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The Information’s readers spent a lot of time this year on Elon Musk. And on the artificial intelligence wars. They were early to what’s happening at Apple, too—a foldable phone!—and displayed a deep interest in how tech and politics are increasingly colliding. Read more ›
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At the moment, TikTok is fighting for survival. The Chinese-owned app has been locked in a monthslong legal battle over a law that will ban it in the U.S. on Jan. 19 if it hasn’t cut ties with its parent company, ByteDance. The entire drama is headed for a final showdown next week, with the company planning to argue for its existence in front of the U.S. Supreme Court. But... Read more ›
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While the rest of us were recovering from heavy Christmas dinners and too much time with relatives, Chinese quant trading firm High-Flyer Capital Management dropped the latest update on Thursday to DeepSeek, its open-weight large language model. Senior researchers at American firms including OpenAI and Meta Platforms almost immediately started investigating the Chinese rival’s technology and its claims about what little hardware it took to produce the model.High-Flyer says it... Read more ›
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In many ways, artificial intelligence defined 2024. Nvidia’s perch as the dominant seller of the graphics processing units that power much of AI propelled it past $3 trillion in market capitalization, making it the world’s second most valuable company as of Dec. 27, trailing only Apple. Despite a growing legion of rivals and would-be rivals (see our AI Chip Database), Nvidia’s sales actually grew faster than those of Advanced Micro... Read more ›
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Most popular sources
Business Insider
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42% 23 |
Tom's Hardware
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11% 8 |
Gizmodo
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9% 1 |
Android Authority
|
8% 6 |
TechRadar
|
5% 2 |
| View sources » | |
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05.01.2025 15:57
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