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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In a surprise move, OpenAI CEO Sam Altman is rejoining the board of directors of the non profit that oversees the artificial intelligence developer, according to a person with knowledge of the situation. The decision to reinstate Altman to that position comes four and a half months after the board fired and rehired him in a matter of days, triggering an employee revolt that nearly collapsed the ChatGPT creator. Also... Read more ›
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A few months after JPMorgan Chase bought the collapsed First Republic Bank last year, Eric Bahn decided he needed a new home for his money. The general partner and co-founder of Hustle Fund, a $130 million fund that invests in pre-seed and seed companies, had been a First Republic customer for years. He liked its capital call credit lines, which plugged the gap between when investors committed money and when... Read more ›
0
A potential TikTok ban is back in the news—and this attempt feels different. Plus, Musk on the attack and more on this week's More or Less. Hope you enjoy! Apple Spotify YouTube Read more ›
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Fresh off Sridhar Ramaswamy’s appointment as CEO of Snowflake, we published an Org Chart for the cloud database software company this week, highlighting the 41 top executives. Snowflake is the latest software company added to our Org Charts catalog. We published ServiceNow and MongoDB earlier this year, and we’ve long had Org Charts for Salesforce and Adobe, among others. I spent the week scanning these organizational structures, and one thing... Read more ›
0
The inner sanctum of one of Silicon Valley’s most intriguing investors  is a small, bland room in Los Altos Hills, Calif., filled on a recent morning by little more than a marble-top conference table, a whiteboard and a stack of bagged spicy chili potato chips. The home office belongs to General Catalyst CEO Hemant Taneja, and it’s partly from here that he has plotted an investment philosophy that has roiled... Read more ›
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There was a moment last summer when Elon Musk had challenged Mark Zuckerberg to a mixed martial arts fight, and I, for once, had sympathy for Meta Platforms’ public relations team. The owner of X was proposing he settle his differences with Zuckerberg by fighting him in the Roman Colosseum. It was absurd. And yet, months later, it seems to be a metaphor for where more and more companies find... Read more ›
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For much of the past year, most articles about fintech startups have sounded alike: A once high-valued startup struggles to live up to its lofty valuation after interest rates spike, making it difficult to fund expansive growth plans. (I wrote about one, Chipper Cash, earlier this week.) But an announcement from a U.K. neobank has offered a glimmer of hope for the trodden-down sector. This week, London-based Monzo pulled off... Read more ›
0
Here we go again! TikTok is back in the crosshairs of the U.S. government and it’s already using the most valuable marketing real estate at its disposal—its own app—to rally U.S. users to its defense. Over the last day, some people with the TikTok smartphone app received push notifications stating that it “is at risk of being shut down in the U.S.” If users clicked on the notification, it led... Read more ›
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A bipartisan bill to ban TikTok unless it cuts ties with its Chinese owner, ByteDance, cleared a crucial hurdle in the House of Representatives on Thursday when the House Energy Committee approved it with a unanimous vote. The vote signaled that a long-simmering threat to the app may be boiling over into concrete action. The bill’s quick progress prompted TikTok to reactivate creators to help with lobbying, as it did... Read more ›
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Here’s an increasingly familiar feeling: You see an image and you can’t tell if it was made or manipulated using artificial intelligence. It’s a big problem, given the potential of fake images to influence elections, among other things. Fortunately, many of the companies whose technology makes it easy to create and spread AI-generated content now are introducing ways to identify and label that content. It may be a while before... Read more ›
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Less than two years ago, Amazon had big plans to continue its march into the sizable areas of the world where it hadn’t yet officially opened an online store for business. In 2022, it planned to launch local versions of its store that year in at least three new European countries—Ireland, Belgium and Switzerland—according to a person who worked on Amazon’s international business. That same year, it announced plans to... Read more ›
0
Two Tesla veterans have formed a startup to apply X-ray technology to one of the biggest problems for the makers of electric vehicle batteries: finding defects in the batteries as they’re made—and before they cause bigger problems. Read more ›
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Y Combinator CEO Garry Tan, a longtime venture capitalist, early this year talked with directors of OpenAI about joining the board that governs the artificial intelligence startup valued at more than $80 billion, according to a person who has spoken to board members. The talks were preliminary, and it’s not clear if the board is still considering Tan, whose career has intersected with that of OpenAI CEO Sam Altman. Still,... Read more ›
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Elon Musk seems to enjoy getting into verbal fisticuffs with other CEOs (as Bob Iger of Disney can attest). But his attacks on OpenAI and its CEO Sam Altman in a lawsuit last week may have a strategic purpose. In artificial intelligence, talent has long been a priceless commodity. And it’s a good bet Musk’s OpenAI battle has something to do with his effort to recruit or retain key employees... Read more ›
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Linktree, the largest and best known among the dozens of startups offering link-in-bio tools—the landing pages that link creators’ social media accounts to product pages, podcasts and videos—is expanding into social commerce. The seven-year-old startup is testing an affiliate marketing program with Sephora, Revolve and Urban Outfitters. Creators will earn commissions of about 12% to 15%, although it may vary by the brand and product in the future. Linktree won't... Read more ›
0
Nvidia’s rapid climb to become the third most valuable company has drawn comparisons to Cisco, whose success in selling routers during the dot-com boom briefly made it the world’s most valuable public company in 2000. But Matt Wood, a vice president of artificial intelligence products at Amazon Web Services which is among Nvidia’s biggest customers, scoffs at the comparison. That “doesn’t check out for me,” said Wood, citing Nvidia’s inventiveness... Read more ›
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The AI startup world is something of a paradox right now. We keep hearing talk that we're in a bubble. And there’s no doubt that venture funding for young artificial intelligence startups is (mostly) free-flowing, which is great for founders. But the market isn’t so great for investors, particularly early-stage VC firms which are often competing with big tech firms like Google, Microsoft and Amazon that are jumping in to... Read more ›
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Snowflake’s new CEO, Sridhar Ramaswamy, who took over from retiring chief executive Frank Slootman last week, inherited an unusual corporate structure. Ramaswamy has only four direct reports, much fewer than CEOs at most technology companies. By comparison, the CEOs of Salesforce and ServiceNow, two other large public software companies, have 12 and seven direct reports, respectively, according to The Information’s Org Charts. The structure reflects how Slootman ran the maker... Read more ›
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OpenView Venture Partners, the Boston-based venture capital firm whose abrupt decision to wind down late last year epitomized the challenges facing startup investors in the aftermath of the tech funding boom, has figured out its final chapter. The 18-year-old firm plans to return the majority of a $571 million fund it raised a year ago to its limited partners, according to a private presentation it gave to LPs late last... Read more ›
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IPO watchers are gearing up. We’re likely only a couple of weeks away from the next high-profile IPO, this time of Reddit, a social media service. The first big-name tech debut since last fall’s flurry of offerings from Instacart, Arm and Klaviyo, Reddit’s debut presents a test of investor gullibility. The company has suggested in its IPO filing—and some on Wall Street are echoing the case—that the company could benefit... Read more ›
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17.11.2025 14:15
Last update: 14:06 EDT.
News rating updated: 21:11.
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