Forward, a startup that raised $400 million to operate artificial intelligence-powered “doctor in a box” healthcare stations, is shutting down effective Tuesday, according to a person close to the company. All of its nearly 200 employees will lose their jobs, the person said. The San Francisco startup, started in 2017 by former Google employee Adrian Aoun, wanted to make healthcare visits more accessible with staffed clinics and automatic services. It... Read more ›
113
You’ve seen them everywhere—and have probably even dodged a couple while crossing Market Street in San Francisco or Fifth Avenue in New York. Electric bikes have become a de rigueur mode of transportation for the office-going set, affording even those who routinely skip leg day at the gym the ability to sail through SoMa without breaking a sweat. Max Mautner, a software engineer from San Mateo, Calif., who works at... Read more ›
7
The Irish Data Protection Commission fined Meta Platforms 91 million ($102 million) and reprimanded it for storing some user passwords without encryption. “It is widely accepted that user passwords should not be stored in plaintext,” said the Deputy Commissioner of the Irish body in a statement. ... Read more ›
0
Mark Zuckerberg has become a watch nerd. In his appearance at Connect on Wednesday, he was flashing a timepiece identified by Redditors as this one costing tens of thousands of dollars, at least the third such ultrapricey watch he has sported lately. It’s all part of a recent style makeover that also includes gold chains and loud shirts. It’s smart: The watches, in particular, set Zuckerberg apart from his counterparts... Read more ›
0
OpenAI expects to close its funding round, which could value it at $150 billion, by next week, according to the Wall Street Journal, which cited a memo to investors from Chief Financial Officer Sarah Friar. Josh Kushner’s Thrive Capital is leading the fundraise of as much as $7 billion in ... Read more ›
13
Comcast’s European pay-TV unit Sky has filed a lawsuit against Warner Bros. Discovery, alleging that WBD has breached the terms of a 2019 co-production deal between the companies that gave Sky exclusive rights to co-produce a certain number of shows greenlit by WBD, according to The Wall Street ... Read more ›
0
Last fall, Satyajeet Salgar, the director of product management and user experience at Google AI, was huddled outside his kids’ Palo Alto, Calif., elementary school with a group of parents who were there for a class performance. The parents began talking about their kids’ favorite shows, and the conversation landed on the topic of Mark Rober, a YouTuber. Each of the parents discussed watching videos made by Rober—a former NASA... Read more ›
9
Two years ago, a behind-the-scenes giant in U.S. financial markets went live with one of Wall Street’s biggest and most ambitious blockchain initiatives. Known as Project Ion, the effort aimed to use blockchain to revolutionize settlement of stock trades, when buyers fork over the cash and get share certificates. Firms ranging from big banks like JPMorgan Chase to trading app Robinhood got involved. But it didn’t catch on, a person... Read more ›
27
Talk about staying above the fray. Even as the latest rash of senior executive departures from OpenAI sparks a fresh round of questions about the company’s management, CEO Sam Altman was in Turin, Italy, appearing at an event to do what he does best: talk about the future.In an onstage interview, Altman did address the latest departures at OpenAI—according to a transcript provided by OpenAI—but only to pooh-pooh the idea... Read more ›
0
OpenAI CEO Sam Altman told staff Thursday that there were “good reasons” for him to avoid having equity shares in OpenAI but that investors are pushing for him to get a package so his interests align with that of the company, The Information reported. In a meeting with staff, Altman also said ... Read more ›
0
Last fall, members of OpenAI’s board of directors had had enough of the rumblings inside the artificial intelligence startup about CEO Sam Altman’s management style. They began questioning staffers, including Chief Technology Officer Mira Murati, about how Altman operated, including his tendency to pit other leaders against each other. They worried that those tendencies, left unchecked, could hurt OpenAI’s ability to retain key researchers and executives. A year later, those... Read more ›
48
OpenAI's investors are accustomed to turmoil. There’s been a steady stream of high-profile departures since last November, when CEO Sam Altman was fired in a board coup of cinematic proportions. That may be why its backers, though surprised by this week’s resignation of Chief Technology Officer Mira Murati and two other top technical leaders, aren’t running away from the startup’s huge funding round. Those that signed up to invest at... Read more ›
0
YouTubers are making more videos with the TV screen in mind. Now YouTube is rewarding them by making it easier for fans to find and watch their favorite videos on connected TVs.Last week, it announced creators will soon be able to organize their content into seasons and episodes on YouTube TV, its paid streaming service that offers live TV and on-demand content. That will also make creator content blend in... Read more ›
0
Trading brokerage Robinhood and digital banking app Revolut are considering launching stablecoins, Bloomberg reported, moves that could take market share from Tether and other top stablecoin issuers. Stablecoins are a type of crypto token whose values are tied to government-issued currencies, ... Read more ›
0
Amazon’s decision to introduce ads within its Prime Video streaming service is already paying off for the company. In talks with advertisers during the just-concluded upfront ad market for the coming year, Amazon exceeded its goal of drawing $1.8 billion in ad-spending commitments for its video-streaming services, including Prime Video, according to a person with direct knowledge of Amazon’s ad sales efforts. That figure includes ads on Amazon’s live sports... Read more ›
0
Snowflake CEO Sridhar Ramaswamy promoted his former colleague at search engine startup Neeva startup, Vivek Raghunathan, to oversee all of Snowflake’s engineers as its senior vice president of engineering, Ramaswamy told staff on Thursday. Raghunathan had previously managed the company’s work on ... Read more ›
0
Fintech banking startup Chime has hired Morgan Stanley to lead its planned initial public offering next year, Bloomberg reported. The company was last valued at $25 billion in 2021, at a time when fintech valuations soared amid low interest rates. Those valuations have since reduced. Chime ... Read more ›
0
You know what they say: when it rains, it pours. OpenAI employees experienced that firsthand yesterday, when they received abrupt news of three major leadership departures.Chief technology officer Mira Murati, chief research officer Bob McGrew and head of post-training Barret Zoph are all leaving the ChatGPT maker, leaders told staff yesterday. Add onto that the departures (temporary and permanent) of other critical technical leaders in the last five months, such... Read more ›
0
Even as businesses struggle to figure out how artificial intelligence chatbots can help their operations, they’re getting inundated with a new AI offering: chatbots that can independently take actions like scheduling appointments, also known as AI agents. In the last month, Salesforce, Microsoft, Workday and ServiceNow—hoping to head off similar products from OpenAI—have unveiled products they said will let workers automate ordinary business tasks, such as placing an e-commerce order... Read more ›
0
Meta CEO Mark Zuckerberg previewed a new feature on Wednesday that will allow creators to make realistic video avatars modeled on themselves that speak and listen to fans who visit the creators’ accounts on Messenger, Instagram and WhatsApp. Zuckerberg demonstrated the technology at Meta ... Read more ›
18
Hours after OpenAI’s chief technology officer Mira Murati announced her departure, two more research leaders at the ChatGPT maker said they also planned to leave. Chief research officer Bob McGrew and head of post-training Barret Zoph are leaving OpenAI, leaders told staff late Wednesday. CEO ... Read more ›
0
Most popular sources
Business Insider
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35% 11 |
CNET
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10% 6 |
Gizmodo
|
7% 2 |
Eurogamer.net
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7% 6 |
Tom's Hardware
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7% 1 |
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24.11.2024 23:39
Last update: 23:15 EDT.
News rating updated: 06:30.
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