Andreessen Horowitz-backed D2iQ, a cloud infrastructure startup formerly known as Mesosphere once popular with software developers, is shutting down. It is the latest in a string of firms to evaporate this year after raising significant venture capital. D2iQ on Thursday sent notices to shareholders that it was being wound down and would distribute assets to creditors. The company had about 150 employees earlier this year, a former employee said, and... Read more âș
70
I could tell something had happened when I saw the river of notifications on my phoneâWhatsApp messages, Slack messages, tweets and texts. âCanât wait for The Informationâs read on this one.â Gulp. Sam Altman had been fired as CEO of OpenAI. I spent the next two weeks with The Information team uncovering everything about what had happened. In the end, we produced 27 exclusive news stories about Altmanâs dismissal and... Read more âș
9
One of the things I enjoy most about recording More or Less every week is learning to use all the new tech creators have at their fingertips. To that end, Dave found a new feature that used AI to compile the show note summaries for this episode. I think they are pretty great. That's the beauty of AI: making little things easier. As for whether AI will change the big... Read more âș
0
My colleague Cory this week previewed potential 2024 initial public offerings, highlighting the fact that many of the candidates are more than a decade old. Cory also helped us update The Informationâs Tech IPO Tracker, where weâve revised our assessments of which companies willâand wonâtâmake it to the public markets anytime soon.The tracker suggests at least 12 tech companies could go public as early as next year, including car-sharing marketplace... Read more âș
0
U.S. lawmakers have Shein in their crosshairs as the China-founded fast-fashion retailer gears up for what could be an enormously valuable initial public offering. But another potential roadblock to Sheinâs hopes for a U.S. listing may lie elsewhereâin China. For months, Shein has been discussing with the Chinese government whether it needs to register with the countryâs securities regulator before it files for a U.S. public listing, according to two... Read more âș
0
Electric vehicle manufacturer Rivian this week laid off about 20 members of its long-range battery cell development team including Victor Prajapati, the companyâs lead cell engineer and a former senior manager at Tesla, according to people familiar with the matter. It is the latest in a surge of battery and electric vehicle industry cutbacks as EV salesâthough reaching record levels this yearâhave failed to match expectations. Read more âș
48
If Bob Iger decides to update his 2019 memoir, âRide of a Lifetime,â with a chapter on his return to Disney a year ago, heâll have plenty of juicy material. The executive once widely admired for his success in running the entertainment giant is now being assailed on all sides. Today, we had Elon Musk, still irritated that Disney joined other advertisers in pulling money off X last month after... Read more âș
5
This afternoon, we published a story about TikTokâs latest moves to address mounting criticism that antisemitism and other hate speech has proliferated in videos about the Hamas-Israel war, including an upcoming âSwipe Out Hateâ campaign in its app and a new âanti-hate and discriminationâ task force to tackle antisemitism and Islamophobia. Creators are a key part of these efforts, as TikTok pulls from a now familiar playbook of garnering their... Read more âș
0
Hereâs a number that might surprise you: In the first six months of the year, California Public Employeesâ Retirement System committed about $4.5 billion to venture capital funds, according to public filings. Thatâs almost 15% of the total capital raised by U.S. VC firms in the same period, and a staggering increase over Calpersâ 2022 commitments to VC funds, which totaled about $1.5 billion.As most LPs take a step back... Read more âș
0
TikTok is preparing a slew of initiatives to defuse growing complaints that antisemitism and other hate speech has proliferated in videos about the Hamas-Israel war. The ByteDance-owned app is planning a social media campaign this month called âSwipe Out Hateâ that will involve creators to spread its message, according to a person with knowledge of its plans. It is also working to open up its research application programming interface, a... Read more âș
0
After months of build-up, developers were excited to finally see the long-awaited release of Googleâs Gemini models yesterday. But their enthusiasm was tempered by the fact that the only model available right now is Gemini Nano, which you can guess means itâs smallâso small it can run on Googleâs Pixel phones. Developers have to wait until next weekâs release of Gemini Pro, Googleâs equivalent of GPT-3.5, to have a model... Read more âș
19
Amazon Web Services last week said it would allow Nvidia to operate a cloud service using AWS data centers, making AWS the last major cloud provider to do so. With the new service, known as DGX Cloud service, Nvidia will rent servers that contain its graphics processing units from AWS, then sell access to the servers to its own customers, The Information has reported. As part of the deal, AWS... Read more âș
32
For a year or two, Chinese auto and battery companies have circled North America in search of an opening to sell their products in the U.S.âthe worldâs second-largest car market, but one hostile to goods made in China, the U.S.âs chief geopolitical rival. None of the Chinese companies, however, has been as bold as battery developer Gotion, which, eschewing any uncertainty, announced that it would build lithium-ion batteries in Michigan... Read more âș
14
Today tells you a lot about the current state of Google and its parent company Alphabet. The tech giant, once the leader in artificial intelligence, unveiled its answer to OpenAIâs ChatGPT with a productâGemini Proâthat is comparable to what OpenAI released a year ago. Itâs easy to miss this nuance amid the deluge of positive press, but Googleâs more competitive productâGemini Ultraâwonât be out until January at the earliest, as... Read more âș
2
You probably first came across House of Highlights years ago on Instagram after the channel posted a clip of LeBron James blocking a shot or Steph Curry hitting a three-point shot from deep. You may have also noticed these NBA stars liking and commenting on those posts. House of Highlights, or HOH for short, has become as much of a household name for many younger sports fans as ESPN.In recent... Read more âș
11
Ten years ago, on December 4, 2013, The Information hit the ground sprintingâand it hasnât slowed down since. Day 1 saw the publication of a pair of instantly buzzy stories. The first, by founder and CEO Jessica Lessin, was titled âHow Apple Gives Some Apps an Edge.â The second, co-bylined by Jessica and nowâexecutive editor Amir Efrati, was headlined âGoogleâs Andy Rubin Pursues âReplicantâ Robots.â Both stories offered a hint... Read more âș
0
Warner Bros. Discovery executives talked up their gaming business as a growth opportunity in a recent call with investors. That makes sense. In 2023, gaming and Hollywood increasingly overlapped in the zeitgeist: The second-highest-grossing movie of the year is âThe Super Mario Bros. Movie,â based on a videogame. âFriday Night at Freddyâs,â a horror movie based on the popular videogame franchise, recently became the highest grossing movie from Blumhouse Productions,... Read more âș
8
After months of anticipation, Google executives are sharing details about Gemini, its high-stakes effort to catch up to OpenAI. Thereâs a lot to talk about but the bottom line is that Googleâs competitor to OpenAIâs GPT-4 isnât ready yet.Google today is letting developers sign up to access a miniature version of the model, named Gemini Nano, to build AI apps for Android. A bigger version of Gemini, known as Pro,... Read more âș
0
Say this for 2023âit was better for tech than 2022 was. Shares of the biggest tech companies recovered, while Nvidiaâs soared, boosting the chipmakerâs market capitalization past $1 trillion. There were even a handful of initial public offerings. Chatbots powered by artificial intelligenceâmost notably OpenAIâs ChatGPTâcaptivated the public. That said, the news wasnât all good. Venture investments in startups fell for a second consecutive year, despite a surge of investment... Read more âș
21
Booking Holdings and Airbnb have long resembled a father-son duo of the online travel industry. Airbnb has traditionally been the cool kid of the two, a fast-growing San Francisco media darling that customers flocked to. Its product became a verb. Bookingâwhich came from an older internet generation, marked by a utilitarian, Dutch-influenced corporate cultureâhad to advertise heavily on Google search engines in order to attract anyone. But, just as people... Read more âș
2
Most popular sources
Business Insider
|
27% 5 |
Tech Wire Asia
|
21% 9 |
CNET
|
7% 1 |
Android Authority
|
5% 2 |
Tom's Hardware
|
5% 1 |
| View sources » | |
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28.11.2024 23:50
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