Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
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TikTok, facing a growing threat of a U.S. ban, has been a global juggernaut over the past few years, drawing more than a billion monthly users and prompting rivals to launch similar services. But what is an open secret among investors is that the app loses money. TikTok’s parent, ByteDance, doesn’t disclose TikTok’s financial performance. But ByteDance investors estimate TikTok lost several billion dollars last year on revenue of roughly... Read more ›
11
In March last year, the former girlfriend of Erik Hosler—then the CEO of semiconductor manufacturing startup xLight—applied for a domestic violence restraining order against him, accusing Hosler of stalking and harassing her. A judge in California had already granted a temporary order, and when xLight learned of the dispute, it asked Hosler to step aside while it investigated the matter. While similar allegations of misconduct have resulted in executives leaving... Read more ›
0
If you tuned into Nvidia’s and Microsoft’s recent quarterly earnings calls, you probably heard their leaders discuss how inference—a fancy word for operating an artificial intelligence model—is becoming a bigger part of the computing workloads in their data centers. In other words, chatbots like ChatGPT Enterprise are serving real customers. That contrasts with what was going on for much of last year, when major tech firms were developing, or training,... Read more ›
9
Last fall, Allbirds was preparing to launch an updated version of its popular Wool Runner shoe when its product design team realized there was a problem. A flaw in the design meant Allbirds had to scramble to remove and replace the fabric inside roughly 30,000 pairs of shoes, two people who worked on the launch said. The last-minute snag underlines the quality issues plaguing the onetime direct-to-consumer darling. Those issues... Read more ›
15
How bad is the slowdown in e-commerce growth? Ask Blackstone, one of the world’s largest investment firms. Two years ago, a division of Blackstone that invests in consumer brands such as Supergoop and Spanx joined a second investor to commit $200 million to an e-commerce startup they had founded together. The startup, Kite, was pursuing a roll-up strategy that aimed to buy small consumer goods brands and provide them with... Read more ›
0
We’re in one of those news cycles where everything makes way for one dominant story, which right now is TikTok. Don’t worry—if you’re not fascinated by the to-ban-or-not-to-ban debate, it will eventually fade from the headlines. But not just yet: Instead, over the next few days, TikTok will become an even bigger story, as the House of Representatives is scheduled to vote on the ban-or-sell bill on Wednesday. Read down... Read more ›
0
I’ve spent the past few days at South by Southwest, the annual tech and arts festival in Austin. The most memorable part of my experience was embedding myself with the screaming fans of “Call Her Daddy” podcast host Alex Cooper, who threw multi-day events to celebrate the launch of the Unwell Network, an arm of her production company where she’s signing other top creators including TikToker Alix Earle to launch... Read more ›
0
When the Trump administration tried to ban TikTok in 2020, investors in its parent, ByteDance, mobilized to support the app. Now, as a bill to force a ban or sale of TikTok winds its way through Congress, the company is mostly on its own. With the possible exception of Susquehanna International Group principal Jeff Yass, a Republican donor and big ByteDance shareholder, ByteDance’s U.S. investors are mostly sitting on the... Read more ›
4
Tempus, a medical lab testing and data company started by a former co-founder of Groupon, has hired Morgan Stanley to run an initial public offering in the coming months, people close to the process said. The Chicago-based startup, which has raised more than $1.3 billion in private funding from investors such as Google, New Enterprise Associates and Baillie Gifford, would add to the backlog of venture-backed startups aiming to go... Read more ›
0
For all the hype around generative AI, we have yet to see much evidence that this new technology is lifting the top lines of customers who are spending money on it. That’s left many buyers to wonder: When will we see those long-touted returns from AI?My colleagues and I tackled that question in this story today, which reported that customers of cloud providers are being cautious about spending too much... Read more ›
0
In the past year, major technology firms have championed generative artificial intelligence as the next big thing, boosting the stock market to new highs. But behind the scenes, representatives of major cloud providers and other firms that sell the technology are tempering expectations with their salespeople, saying the hype about the technology has gotten ahead of what it can actually do for customers at a reasonable price. Several executives, product... Read more ›
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As the Chinese government races to catch up in advanced computer chips, it has found an ally in ByteDance, the owner of TikTok. The Chinese tech company has quietly bought a stake in InnoStar Semiconductor, a Shanghai-based memory chip firm backed by the Chinese government, according to corporate records in China and Singapore. A ByteDance spokesperson confirmed the previously unreported investment and said it was meant to help advance the... Read more ›
3
We’re in for a long few weeks as the ban-or-sell TikTok bill winds its way through Congress. The few moments of action we’re likely to see—such as this week’s vote in the House of Representatives—will be overwhelmed by lots of rhetorical shadowboxing between the various combatants. Today, for instance, the two congresspeople who sponsored the bill attacked TikTok for telling people the legislation was a “ban bill.” The congresspeople claimed... Read more ›
0
When Morgan Stanley first worked on Elon Musk’s $44 billion Twitter acquisition in April 2022, bankers estimated fees on the deal could reach $150 million or more, according to two people who saw the terms. But that wasn’t the only payoff the bank saw from its involvement in the deal: Morgan Stanley also hoped to strengthen its existing relationship with Elon Musk, whose empire of companies offers the potential for... Read more ›
0
OpenAI’s late-Friday announcement of three new board members, as well as the reinstatement to its board of CEO Sam Altman, is a pivotal moment for the ChatGPT-creator, valued most recently at $86 billion. It’s now clear that the board has shed its origins as a quirky group of academics and techies with ties to under-the-radar movements like effective altruism. Now, OpenAI seems to be saying: take my board of directors... Read more ›
0
In 2013, Landon Mossburg, then 29, was hired by Tesla to work on its supply chain team. Tesla threw him into negotiations with the senior executives of cellphone, internet and tech companies to secure internet connectivity deals that would feed Tesla’s over-the-air software updates. Mossburg had a bachelor’s degree in business and had worked as a consultant for Accenture and KPMG. But business wasn’t really a passion for him—writing code... Read more ›
0
In 2013, Landon Mossburg, then 29, was hired by Tesla to work on its supply chain team. Tesla threw him into negotiations with the senior executives of cellphone, internet and tech companies to secure internet connectivity deals that would feed Tesla’s over-the-air software updates. Mossburg had a bachelor’s degree in business and had worked as a consultant for Accenture and KPMG. But business wasn’t really a passion for him—writing code... Read more ›
7
Welcome, Weekenders! In this newsletter:The Silicon Valley rising star who angered AndreessenHow a white-collar pirate pilfered the richA million-dollar strawberry that venture capitalists cravePlus—Oscars weekend! A digital shortcut to enjoying this year’s biggest films and what the Academy should do in the years to come.A week ago, I bent the rules of time and space to revisit an experience I’d long forgotten: seeing a movie on opening weekend. Yep, like... Read more ›
0
If you’re one of those people who was obsessed with last November’s OpenAI drama, you can wipe it from your memory. The ChatGPT creator put CEO Sam Altman back on its board late Friday, we scooped (the company later confirmed the details in this blog post). You may remember, unless you’ve already erased your memory, that Altman lost his board seat when he was fired in mid-November, triggering a dayslong... Read more ›
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Most popular sources
Business Insider
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27% 2 |
Android Authority
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13% 12 |
Gizmodo
|
11% 7 |
The Verge
|
7% 3 |
Tom's Hardware
|
6% 10 |
| View sources » | |
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17.11.2025 14:15
Last update: 14:06 EDT.
News rating updated: 21:11.
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