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. Rubinâs startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more âș
69
Taylor Swift! Fortnite! Disney CEO Bob Iger dropped the names of both entertainment icons as he ramped up his campaign to defeat the two activist shareholdersâNelson Peltz and Blackwells Capitalâtrying to win seats on Disneyâs board. Using the power of incumbency, Iger on Wednesday unveiled a deluge of glitzy new entertainment ventures alongside improved earnings for the December quarter, a 50% increase in the quarterly dividend and the first stock... Read more âș
0
When youâre not scanning Sundayâs Super Bowl broadcast for a Taylor Swift sighting, look out for some high profile creators like MrBeast, Mark Rober and Deestroying. The National Football League, as part of a strategy to turn more Gen Z viewers into football fans, is working with a record number of creators around the big game this yearâin the dozensâin large part due to its partnership with YouTube for its... Read more âș
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OpenAIâs first major product, ChatGPT, proved so popular that it sparked a generation of wannabes. But as rivals like Google catch up, OpenAI is hustling to release a product that could prove almost as revolutionary. OpenAI is developing a form of agent software to automate complex tasks by effectively taking over a customerâs device. The customer could then ask the ChatGPT agent to transfer data from a document to a... Read more âș
72
Sex sells, and sex created by artificial intelligence is no exception.While many generative AI startups have struggled to manage the exploding costs of AI and retain their customers, AI-powered romantic chatbots havenât had much trouble attracting and keeping their users. Since OpenAI released ChatGPT in late 2022, a thriving ecosystem has emerged, ranging from relatively tame AI âcompanionsâ to pornographic chatbots accompanied with explicit pictures. Many of these companies have... Read more âș
0
Amazonâs executives pride themselves on their obsession with customers rather than competitors. A year ago, though, the head of Amazonâs e-commerce business, Doug Herrington, had one Amazon competitor very much on his mind. Herrington sent his subordinates a news article about Temu, at the time a little-known subsidiary of Chinese e-commerce powerhouse PDD Holdings that was preparing a splashy statement in the U.S. with its first Super Bowl commercial. Herrington... Read more âș
0
Apple is building prototypes of at least two iPhones that fold widthwise like a clamshell, according to a person with direct knowledge of the situation. If Apple ends up launching a foldable iPhone, it would be one of the biggest hardware design changes in the productâs history. Foldable phones can be smaller and more portable than typical smartphones and take photos without the help of a stand when they are... Read more âș
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Whoa! We got very big news in the television world late Tuesday, as Disney, Warner Bros. Discovery and Fox announced they were joining forces to create a new streaming joint venture for sports. By including access to programming on traditional cable channels such as Disneyâs ESPN, Foxâs sports channels and Warnerâs TNT and TBS, the new service will offer pretty much every major sportâincluding the NFL, NBA, MLB, hockey, college... Read more âș
0
Snap, the parent company of Snapchat, is having a rough week. Snapâs stock plunged 30% in after-hours trading on Tuesday, after the company reported revenue that fell within its own guidance but below stock pickersâ expectations. That followed Snapâs decision to lay off 10% of staff, a move that targeted senior (and thus expensive) employees as the company sought to cut costs, I reported yesterday.  Whatâs going on? Itâs likely... Read more âș
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Amazon is working on several new safety features for Amazon Flex gig drivers who make deliveries in their own vehicles, the company said. The measures follow several incidents in which residents had shot Flex drivers or threatened them with guns, in many instances saying they had mistaken them for intruders. Amazon is working on a feature in its app that would display Flex driversâ pictures and names to customers, spokesperson... Read more âș
3
Steven Kaye, chief scientific officer of embattled next-generation battery developer Our Next Energy, has resigned. The move is the latest blow to the Novi, Mich., startup, coming two months after company founder Mujeeb Ijaz stepped down as CEO and became chief technology officer. Kayeâs departure was announced at a company meeting Monday, a spokesman said. Read more âș
0
Put aside all of the scary talk about bad people theoretically using large language models to build bombs or bioweapons for a moment. A more urgent threat, says investor Rama Sekhar, are AI models that could leak sensitive corporate data or hackers that trigger ChatGPT service outages. Sekhar is a longtime cybersecurity investor who joined Menlo Ventures as a partner last month after many years at Norwest Venture Partners.He isnât... Read more âș
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For the past year, owning a stake in OpenAI was akin to possessing Silicon Valley gold, signaling that the investor had a ticket to the next great tech transformation. But as the valuation of the startup has tripled, some investors have refrained from buying more. And a number of marquee venture capital firms have shied from investing in dozens of artificial intelligence startups out of fears that the sector is... Read more âș
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Hold the front page! A tech company is acknowledging that stock compensation is a real expense. On Monday, Snap said it was cutting 10% of its global workforce. As it was the latest in a very long list of tech companies to undertake layoffs in recent weeks, the news might not seem like a big deal. Like other companies, Snap said the layoffs were designed to ensure it has the... Read more âș
0
Shein lawyers have plenty of work on their plate right now, as the China-founded fast-fashion firm fends off a raft of trademark infringement lawsuits and gears up for a potential U.S. initial public offering. But Sheinâs internal legal ranks are going through a change in leadership, with Sheinâs top U.S. lawyer, Valerie Ho, departing the company, according to a person briefed on the matter, who wasnât authorized to speak on... Read more âș
9
Stripe returned to profitability last year in part by squeezing spending on sales and marketing. The executive in charge of growing sales to large customers isnât sticking around to see how the slimmed-down strategy plays out. Mike Clayville, a former Amazon Web Services executive who became a marquee Stripe hire three and a half years ago reporting to founders Patrick and John Collison, left the payments giant last month, The... Read more âș
0
Snap cut several senior executives in its layoffs announced on Monday, aiming in part to reduce the amount of stock based compensation it pays out to senior people, CEO Evan Spiegel told staff on Monday. The company said it would cut its workforce by 10%, or around 550 employees. Included in the cuts were Sam Corrao Clanon, director of content; Ding Zhou, vice president of content engineering; and Konstantinos Papamiltiadis,... Read more âș
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In October we predicted that resellers of graphics processing units, an emerging class of startups that provide Nvidiaâs in-demand server chips to artificial intelligence developers, would soon be in trouble. Sure enough, three months later, one of those startups is giving up.On Thursday, the startup Banana, which raised $3.4 million in funding from investors such as Basecamp Fund and CapitalX, said it would shut down its main GPU reselling service... Read more âș
0
Elon Muskâs X, formerly known as Twitter, has in the past couple of months been inundated with a wave of ads for porn sites and fake luxury goods. That might sound like a low-priority problem for X, as these adsâno matter how sketchyâcould in theory bring in much-needed ad revenue. The problem is that the flood of ad spam, as insiders refer to it, has coincided with a surge in... Read more âș
0
Welcome back to The Electric!A day doesnât seem to go by without more bad news around electric vehicles and batteries, between canceled investments, clobbered share prices and tepid sales. This week, we examine one of the most provocative assertions of this period: that the industry has entered an arctic-like freezeâan âEV winter.â General Motors has discontinued the Chevy Bolt, but 2023 models remain on sale, including these at a Colma,... Read more âș
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Welcome to your Weekend!A few years ago, I went to India to see two friends get hitched on a beach in Goa, a ceremony that, like much of the country, offered a rich blend of ancient and modern. On that trip, I met the brideâs grandmotherâAaji to all, the Marathi term for your momâs momâand as Iâve seen her more since, Iâve come to treasure the stories she shares. Sheâs... Read more âș
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18.11.2025 13:48
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