A federal court in Illinois has breathed new life into a two-year-old class action suit against a handful of creators and the makers of Blue Ice Vodka. The suit claims the Instagram influencers and the vodka maker engaged in false advertising about the âhandcraftedâ drinkâs âhealth benefitsâ and failed to disclose their paid relationships.The courtâs June decision, which denied the defendantsâ motion to dismiss, could open the door to more... Read more âș
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Salesforce grew revenue by 8% year over year to $9.33 billion in the quarter ended July 31, eking out an increase as many enterprise software companies face sales headwinds. The company also said Wednesday that Amy Weaver, Salesforceâs president and chief financial officer, will step down from ... Read more âș
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Nvidia revenue rose 122% year-over-year to $30 billion in the quarter that ended in July, ahead of the companyâs projections. But its gross margin fell for the first time in more than a year, due to costs related to problems with its new Blackwell chip. Nvidia confirmed a report from The ... Read more âș
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Pavel Durov, the CEO of Telegram who was detained last weekend in France, was charged with a range of criminal offenses by a prosecutor in Paris on Wednesday, including complicity in the distribution of child pornography and drug trafficking. According to a statement from the prosecutor, Laura ... Read more âș
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Thrive Capital is leading a multi-billion-dollar investment in OpenAI, the developer of ChatGPT, at a valuation north of $100 billion, according to a Wall Street Journal report. The New York-based venture capital firm, led by Josh Kushner, is already a major OpenAI shareholder and plans to ... Read more âș
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Google will start to allow Gemini users to generate images of people, months after restricting the feature following backlash over historically inaccurate results to some queries. Dave Citron, a Gemini senior director, wrote in a blog post on Wednesday that Google had made âsignificant progress ... Read more âș
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Meta Platforms is planning a new mixed reality device that resembles a bulky pair of glasses, according to two Meta employees. The project, internally code-named Puffin, suggests the company is looking to design an alternative to its large, heavy headsets, which so far have had limited consumer appeal. Mixed reality is a combination of augmented and virtual reality that allows people to see images and text over the real world... Read more âș
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Four days after Telegramâs CEO was arrested at an airport outside Paris, French authorities have released Pavel Durov. The AP reported that prosecutors in Paris have ordered Durov, who has French citizenship, to appear before a judge to face a possible indictment. French authorities say they are ... Read more âș
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All eyes are on Nvidiaâs quarterly earnings report today (thereâs apparently even a watch party for it at a New York City bar if you want to partake in some nonsense), so itâs a good time to share a new example of the companyâs technological dominance.This morning, MLCommons, a nonprofit that evaluates artificial intelligence software and hardware, released test results that showed that Nvidiaâs most advancedâand broadly availableâchip, the H200,... Read more âș
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Shopify has hired Mikhail Parakhin, who had worked on key artificial intelligence efforts at Microsoft, as its new chief technology officer, the e-commerce software giant said in a statement Wednesday. At Microsoft, Parakhin was the companyâs CEO of advertising and web services and helped revamp ... Read more âș
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For years, Coinbase dominated the U.S. market as the go-to place for buying and selling bitcoin. Now the crypto exchange is trying to forge a new identity as the backbone of an entire financial system, using its Base blockchain, which it launched last year. To catch on with users and make money, Coinbase needs to attract outside apps offering lending, international payments and other financial services to its blockchain. The... Read more âș
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Over the past decade, investor Daniel Gross has written checks for over 150 startups, including Cruise, Coinbase and Rippling. If thereâs one deal that could define his legacy, though, youâll find it a short walk away from his investment office in Palo Alto, Calif., at the headquarters of Safe Superintelligence Inc. The artificial intelligence lab is one of the buzziest startups in AI, largely because it was co-founded by Ilya... Read more âș
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Hereâs a question thatâs sure to divide your household: Is Amazonâs $100 million podcast deal with the Kelce brothers a bet on Travis Kelce marrying Taylor Swift? The consensus here at The Information is yes, for sure. While the Kelce brothersâ podcast, âNew Heights,â was popular before Travis and Taylor became a thing, it really took off afterward. That implies that if the couple breaks up, the podcastâs audience is... Read more âș
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Typically when something bad happens to the founder of a highly valued private tech startup, the venture investors are at the front lines of the falloutâand in some cases can influence the outcome. I know this from reporting on FTXâs collapse (a wipeout for investors like Sequoia Capital and Paradigm) and then the firing of OpenAI CEO Sam Altman, when VC investors threatened to sue if he didnât return. But... Read more âș
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Itâs been a tumultuous year for TikTok employees, between a looming potential ban of the app in the U.S. to its first widespread layoffs earlier this year. Those changes have included the departures of long-time staff and senior leaders.The latest: Nicole Iacopetti, head of content strategy and policy, is leaving the company effective September 6, according to a note sent to some staff from TikTokâs head of operations Adam Presser. Read more âș
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Shares of Super Micro, a major seller of servers powered by Nvidia artificial intelligence chips, fell 2.5% Tuesday after a notorious short seller alleged the company had manipulated its books. Hindenburg Research, which previously went after billionaire Carl Icahn and electric vehicle firm ... Read more âș
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The Amazon-owned podcast network Wondery has acquired the âNew Heightsâ podcast, hosted by Travis and Jason Kelce, in a $100 million deal, according to Variety. The deal gives Amazon exclusive ad-sales and distribution rights to the popular sports talk show. Travis Kelce, a tight end for ... Read more âș
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Meta Platforms is shutting Spark, its platform for businesses and creators to build augmented reality effects for Metaâs apps, the company said in a blog post Tuesday. Spark, which was launched in 2017, will be shut on January 14, 2025. Afterward, AR effects created and owned by third parties ... Read more âș
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Meta Platforms CEO Mark Zuckerberg said the Biden administration pressured Meta to remove posts related to Covid-19 and he regrets that Meta was not more outspoken about it. In a letter to the House Judiciary Committee Chairman Jim Jordan Monday, Zuckerberg said the government in 2021 â ... Read more âș
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In case you were wondering why Sam Altman cryptically posted a picture of strawberries earlier this month, the answer almost certainly has to do with Strawberry, a mysterious technical breakthrough that could help OpenAIâs models complete complex tasks such as math problems that conversational AI has traditionally struggled with. (If this sounds familiar, itâs likely because Strawberry was previously called Q*.)Why is Altman being so cheeky? Probably because the word... Read more âș
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13.06.2026 19:39
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