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
It's been a bleak week. From the blood bath in the news industry to further job cuts throughout tech, 2024 is off to a brutal start. Unless you're Netflix. Plus, why we're so into football, pop culture and peptides at the moment. That and more on this week's More or Less. Apple Spotify YouTube Read more âș
15
Flexport plans to lay off nearly 20% of its workforce in the coming weeks, representing several hundred roles, according to people familiar with the matter. It would mark the SoftBank-backed logistics startupâs third major round of cuts in just over a year. Flexport is planning the cuts even after it raised $260 million from Shopify earlier this month. The company had approximately 2,600 employees after it cut another 20% of... Read more âș
29
Up nearly 9,000 feet in the Utah sky, the yurt-shaped lodge atop Powder Mountain offered an expansive vista when I arrived in mid-January, showing dozens of icy peaks stretching across four states. A blizzard had just dumped several feet of snow across the 10,000-acre luxury ski resort, worsening travel on the mountainâs infamously steep roads. As a matter of fact, the storm had prompted a warning from the mogul who... Read more âș
0
Earlier this week, I reported one finding from combing through details of the 123 companies in our Generative AI Database: Only four of the 96 U.S.-based startupsâincluding two of the best known, OpenAI and Anthropicâare structured as nonprofits or for-profit benefit corporations.My dive through the database also revealed other insights, including a recent surge of generative artificial intelligence companies based in Europe. Overall, Europe is not well represented in the... Read more âș
0
For some venture capitalâbacked cybersecurity startups, the slow-moving gears of initial public offerings are starting to turn. Snyk, an Accel Partnersâbacked startup that sells security tools for developers, valued at $7.4 billion in 2022, has been drafting its IPO investor prospectus and could file it confidentially with regulators in the next few months, a person familiar with the matter said. Meanwhile, Cato Networks, a SoftBank-backed Israeli startup that sells network... Read more âș
0
In the classic Akira Kurosawa movie âRashomon,â four witnesses to a murder describe the event in four conflicting ways. Watching that movie would have been good preparation for the contradictory narratives that greeted Appleâs seemingly momentous news today about changes to its app policies in Europe.   Apple outlined those changes in a news release and a long set of posts for developers. It will make the shifts in March to... Read more âș
0
Apple appeared to drop a bombshell Thursday morning in saying it would comply with a new European law by offering to lower its App Store commissions to 20% from 30% and dropping other longtime restrictions, including its prohibition on alternative app stores. Apple also opened up the iPhone chip used for Apple Pay to banks and other developers to launch contactless payments at cash registers. At the same time, though,... Read more âș
0
TikTokâs efforts to make inroads with Hollywood include bringing a dozen top movie-focused creators to the Sundance Film Festival, which is currently taking place in Park City, Utah. If that sounds familiar to you, thatâs because YouTube did this at Sundance for several years last decade, when it, too, was heavily focused on making inroads into the traditional entertainment industry.TikTok creators including Joe Aragon (1 million followers on TikTok) and... Read more âș
0
This week made it clear that venture capitalists have given up on the idea that theyâll make their career finding the next hit consumer marketplace, retail brand or media company.We reported that the core consumer team at Andreessen Horowitz, a firm known for bets on Pinterest, Instacart and Airbnb, has dissolved. Connie Chan, a longtime consumer general partner at the firm, said she was leaving the firm. She was the... Read more âș
2
Many logistics startups were forced to make deep layoffs last year as their businesses slumped. Package-delivery startup Veho, in contrast, grew its revenue nearly 90% last year. Yet itâs also been cutting jobs. Veho cut 19% of its corporate workers last week, a person close to the company said, layoffs that came just a few months after it outsourced many of its customer service roles to overseas contractors. The layoffs,... Read more âș
3
At The Information, weâve spent a lot of time writing about artificial intelligence and the people who develop it. But at the end of the day, their ability to launch software to billions of people depends on data centers. And the availability of such facilities canât be taken for granted.Over the past few days, Iâve rubbed shoulders with the titans of American data centers at the Pacific Telecommunications Council conference... Read more âș
1
Design software maker Figma has added roughly 500 employees since it agreed to be bought by Adobe in September 2022. The companies canceled the deal in December in the face of regulatorsâ objections. Not much has changed, however, about whoâs running Figma. Co-founder and CEO Dylan Field has seven direct reports. Only oneâchief marketing officer Sheila Vasheeâjoined since the Adobe deal was announced. Most other senior leaders have largely stayed... Read more âș
0
For years, Toyota has diverged from the auto industryâs mostly all-in attitude toward electric vehiclesâit would build what its customers said they wanted, the company said, and was in no rush to produce EVs. In fact, chair Akio Toyoda said earlier this month that the Japanese company was developing a new combustion engine because they âare necessary for the future.â And on Tuesday, Toyoda went even further and declared that... Read more âș
0
Careful readers of this newsletter may recall that Fanfix, which helps creators earn money directly from their followers through subscriptions and paid messaging, sued Passes, another fan subscription company, in Los Angeles County Superior Court earlier this month. I spent some time looking into the case this week. It shows just how far platforms will go to keep the relationships with their creators close. And it contains a surprising complaint... Read more âș
15
Stock market pundits may want to come up with a new name for the big tech stocks driving the overall market. The âmagnificent sevenâ descriptorâreferring to Apple, Microsoft, Alphabet, Amazon, Meta Platforms, Nvidia and Teslaâno longer seems to make much sense. Iâd like to suggest thatâs because none of the company CEOs look like cowboy gunslingers from the 1960 movie that made the phrase famous. Itâs hard to imagine Steve... Read more âș
0
Several Tiger Global Management employees focused on raising capital for the New York firmâs venture funds have taken buyout offers, according to a person familiar with the matter. The departures of the staff, who worked with prospective investors, come as the firm has struggled to raise money for its latest venture capital fund after a collapse in startup valuations soured its paper returns for earlier funds. As of the second... Read more âș
0
Humanity is waking up to the challenges and opportunities of artificial intelligence, but we donât yet understand our role. People talk about unexplainable AI when they should be more concerned about the unexplainable humans running the companies that develop the AI. (Hiya, Sam!) People worried about AI taking their jobs and taking control are competing with a myth. Instead, people should train themselves to be better humans even as they... Read more âș
2
OpenAI, Anthropic and Elon Muskâs xAI have drawn attention for their unconventional governance structures, ones that prioritize public interest over obligations to shareholders. But these companies are the outliers, The Informationâs analysis shows, as most AI developers opt for traditional approaches that appeal to investors. Only 4 of the 96 U.S.-incorporated startups in The Informationâs Generative AI Database have adopted the structure of either a nonprofit or for-profit benefit corporation,... Read more âș
27
If you ask the typical TV executive about the challenges of video streaming, theyâre likely to use one word: churn. Unlike cable TV, streaming services let viewers chop and change their subscriptions at a momentâs notice, complicating the companiesâ ability to build an audience and make money. Telecom giant Verizon sees an opportunity to helpâand to make money. Verizon is pitching entertainment companies on its ability to help them manage... Read more âș
0
Netflix has put media companies in a chokehold. The streaming giantâs $5 billion deal to assume the rights to World Wrestling Entertainmentâs Raw from NBCUniversalâs USA networkâand other WWE programming overseasâdemonstrates its growing competitive advantage over older TV companies. USA has aired Raw since 1993âwith a five-year break in the early 2000sâbut, with the cable sector in decline, the channel is presumably becoming more careful about how much it spends... Read more âș
0
Most popular sources
Tom's Hardware
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20% 13 |
Business Insider
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18% 4 |
TechRadar
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11% 9 |
Android Authority
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7% 8 |
Gizmodo
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6% 6 |
| View sources » | |
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18.11.2025 16:59
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