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
Gen Z, ages 13 through 26, has been the force behind fashion trends and political movements. Most canât recall a time before smartphones. Theyâve lived their entire lives connected digitally. Whatâs more, they are highly suspicious of traditional marketing tactics. Instead, they embrace YouTube and Snapchat. So how do brands stay relevant and connected to this generation? Erin Woo, reporter for The Information, led a vibrant discussion on how brands... Read more âș
0
Karla Mellinger doesnât care about the metaverse. âItâs silly,â said the 62-year-old from Spokane, Wash., who works as a credit manager at a company that manufactures steel studs used in construction. âThe whole thing is just silly.â And yet, five days a week, Mellinger straps on a Meta Quest 2 virtual reality headset and dives into Supernatural, a VR fitness program that lets players work out on the Great Wall... Read more âș
54
Running a big cloud-hosting service is a good business. Thanks to artificial intelligence, itâs getting even better. This week, we made two big additions to our Cloud Database: OpenAI and Anthropic. OpenAI is spending more than $400 million per year on Microsoftâs Azure cloud computing service, according to The Informationâs reporting. In May, Anthropic told investors it planned to spend $285 million on cloud services this year, a number that... Read more âș
0
The recruiting fight between OpenAI and Google is growing fiercer. As OpenAI proceeds with an employee share sale that would nearly triple the startupâs valuation to more than $80 billion, its recruiters are courting top artificial intelligence employees at Google with millions of dollars and a message: Join us now to lock in a stock package at the current valuation of $27 billion and benefit from the impending increase. As... Read more âș
54
It was an all-hands speech that would have fit with 2023âs cost-conscious corporate dogma: A tech founder urged his employees to check if the lights were turned off when they were leaving the offices, telling them, âThe universe does not allow waste.â That was Adam Neumann talking to WeWork employees in 2016, a year before SoftBank began dumping money into the company. It was Neumann recognizing a pre-SoftBank startup economic... Read more âș
0
In the third quarter, TikTok users sent more than $250 million worth of digital gifts to U.S.-based livestreamers on the video app, my colleague Erin reported last week. Those virtual tips are turning into significant revenue for creators. TikTok turns over half of those proceedsâcalculated after paying Apple and Google app store fees and payments feesâto creators. TikTokâs rivals, however, are even more generous with the tip shares. As our... Read more âș
75
As winter turned to spring last year, venture investors told me startups desperate to raise cash were likely to set off a stampede of fundraising attempts. That never happened. Instead, startups went on extreme diets with the aim of making the cash they raised at the peak of the 2021 bull market last as long as possible.Another year went by. That stampede still hasnât arrived. But now investors tell me... Read more âș
11
Deel, a human resources startup last valued at $12 billion, has hit $400 million in annual recurring revenue, a senior sales director at the startup said last month, up from a pace of $295 million in January. Deelâs growth shows how some enterprise software startups have been able to thrive during a pullback in business software spending. The startup helps businesses hire contract and remote workers, and counts Shopify and... Read more âș
2
The U.S. has increasingly restricted Chinaâs ability to access American tech, but for now, Chinese investors are still free to ride the U.S.-led AI software wave. Partners at top Chinese VC firms including Sequoia Capital China, Source Code Capital and ZhenFund have been criss-crossing the U.S. and quietly taking minority stakes in all manner of AI startups, according to this enterprising article from my colleague Juro Osawa, which lists around... Read more âș
1
When Amazon CEO Andy Jassy made a surprise visit to one of his companyâs Style clothing stores in Glendale, Calif., this past August, he posed for selfies with workers while holding a pair of shopping bags. It seems he wasnât impressed. Three months later, Amazon announced that the store, along with its other Style location in Ohio, were closing. The stores, meant to be a futuristic twist on a traditional... Read more âș
0
The United Auto Workers union won big pay raises for its members in recent negotiations with Detroitâs Big Three, but the accord will leave battery factory employees earning substantially less than co-workers who produce cars. Read more âș
0
Thereâs good news and bad news for Big Entertainment today. Firstly, the actors strike is over, which means film and TV production can finally resume. Yippee! Second, the September-quarter results out Wednesday from Disney and Warner Bros. Discovery showed both are getting streaming losses under control. (In WBDâs case, itâs making money!). The bad news for the industry though is that television advertising is in free fall. But as CEOs... Read more âș
9
Startups offering various services for musicians have proven popular with investors lately amid a broader drop in funding for creator startups. That partly reflects the opportunity created by social media apps that have helped new musicians quickly gain followings, while established ones can more easily communicate with fans and see their tracks go viral. Bonsai is the latest to nab new money. In September, it closed a $2 million seed... Read more âș
0
Snap has laid off nearly 20 product managers, the latest shakeup at the social app after several top departures over the last three months. Separately, Snapâs longtime vice president of engineering, ââNima Khajehnouri, told employees earlier this week that he was leaving. His last day at the company will be Dec. 1, a Snap spokesperson said. Khajehnouriâs departure hasnât been previously reported. Read more âș
21
In recent years, the tech industry has seen exponential growth and transformation, with companies disrupting traditional business models and ushering in an era of hyperinnovation. This remarkable evolution has triggered an increased focus on regulation across the U.S. and EU. Jessica Lessin, founder and CEO of The Information, explored the path forward with three industry experts at the 2023 WTF Summit: Michele Anderson, partner, Latham & Watkins; former SEC Corp.... Read more âș
0
As workers return to the office part-time, many are finding a new co-worker in the mix: generative artificial intelligence. Jessica Lessin, founder and CEO of The Information, explored the symbiotic relationship between generative AI and hybrid work at The Informationâs 2023 WTF Summit with three experts: Rosie Sargeant, project leader, Boston Consulting Group Lyra Schramm, vice president, people strategy and innovation, Google Dr. Rebecca Hinds, head of The Work Innovation... Read more âș
3
OpenSea CEO Devin Finzer announced last week, in what seemed to be a post-Sam Bankman-Fried trial Friday afternoon news dump, that the NFT marketplace was laying off 50% of its staff and pivoting to âOpenSea 2.0.â Halfway through this new week and OpenSea is still the biggest news on the crypto beat.My colleague Kate scooped yesterday that Coatue Management, which co-led a $300 million investment into the startup in January... Read more âș
2
Juliet de Baubigny is ready for what she calls âact threeâ of her career. After more than 20 years spent developing deep ties with founders across Silicon Valley and Europe, first at Kleiner Perkins and then as a co-founder of Bond Capital, the venture capital veteran is joining BDT & MSD Partners to ramp up its presence in the tech sector. De Baubigny will join the firm as a partner... Read more âș
0
Amazonâs mostly male executives apparently arenât among the large group of men who supposedly spend much of the day thinking about the ancient Roman Empire. Instead, the folks at Amazon Web Services have been more focused on Greek mythologyâat least when it comes to the naming conventions of their AI models.After its first batch of models, called Titan, got off to a rough start, Amazon is developing a new model,... Read more âș
8
The stock market has recovered somewhat after taking a battering last year. But this rebound masks how software buyers have shifted their purchasing priorities, slashing vendor revenue growth rates in the process. No longer do best-of-breed programs dominate; now itâs all about best-for-budget. Vendr, which tracks software spending, says net new purchases have fallen to 19% of sales this year, from 30% last year. So whatâs a startup to do?... Read more âș
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19.11.2025 11:53
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