Google executive Rick Osterloh promised today to demonstrate to consumers exactly what artificial intelligence can do for them. But the array of impressive AI-powered features he displayed for Googleâs newest Pixel line of phones may not be quite what consumers are looking for.While some features, such as Googleâs new virtual assistant (for all Android phones) look smartâmore hereâyou can easily imagine a backlash to some other offerings. For instance, one... Read more âș
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Google announced a revamped virtual assistant for Android phones on Tuesday at Made by Google, its hardware event. The virtual assistant, powered by Googleâs chatbot Gemini, can work across Googleâs apps to help users draft messages and schedule calendar events. Subscribers to Gemini Advanced ... Read more âș
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Venture capital investors are quite willing to pour money into artificial intelligence startups with largely unproven products. So itâs notable when some investors view a startup as too much of a crazy bet.Thatâs a taste of the response my colleagues and I have seen when we started to ask about Liquid AI. The one-year-old startup, spun off from a Massachusetts Institute of Technology research lab, is developing a low-cost alternative... Read more âș
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On Friday, I published a story about TikTokâs latest efforts to get more users on the app as third-party data shows a sharp slowdown in user growth from pandemic highs. In the U.S., TikTok users for a limited time can get steeply discounted goods, such as makeup and electronics, for just one cent when they invite new friends to the app. That builds on a referral scheme the ByteDance-owned company... Read more âș
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EU Commissioner Thierry Bretonâs open letter to Elon Musk was âneither coordinated nor agreedâ with European Commission President Ursula von der Leyen, a spokesperson for the governing body told reporters in a taped news conference Tuesday. The public criticism of Breton, one of Europeâs most ... Read more âș
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X is expecting to take in about $2 billion in advertising revenue this year, Axios reported. Thatâs a drop from 2023 when the company brought in roughly $2.5 billion, according to Bloomberg, and an even steeper decline from the $4.5 billion in ad revenue the company reported in 2021, which was ... Read more âș
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If thereâs one sector of the stock market that is repellent to investors right now, itâs traditional entertainment. And if thereâs one company that sums up how out of favor the sector is, itâs Warner Bros. Discovery. The owner of HBO, Warner Bros. and the Max streaming serviceâonce one of the premier entertainment businesses in the worldâhas seen its stock collapse to below $7 in recent days, down 73% in... Read more âș
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DoorDash announced Tuesday it was adding access to streaming service Max as a perk of its DashPass annual subscription, as the delivery company aims to keep customers coming back to the app. DashPass members can get free access to Maxâs ad tier, or pay a discounted monthly fee of $10.99 for the ... Read more âș
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OpenAIâs upper management has been a bit of a revolving door lately. The last few months have seen a number of high-profile departuresâboth permanent and temporaryâfrom the ChatGPT maker, including two cofounders, a product exec, a safety leader and a former board member, and even more internal reorgs.Already, though, others have risen to fill those power vacuums. Hereâs whoâs stepping up as the companyâs new guard, based on conversations with... Read more âș
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Two years ago, Congress passed a law banning the sale of padded crib bumpers, saying they posed a suffocation hazard for babies. But in recent weeks, U.S. shoppers could have bought as many as four different styles of padded bumpers in a variety of colors and patterns on bargain site Temu. On the site of Temuâs main rival, Shein, shoppers can buy toddlersâ and childrenâs drawstring hoodies, which regulators say... Read more âș
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Lazada, Alibabaâs e-commerce unit in Southeast Asia, has achieved monthly profitability for the first time based on earnings before interest, taxes, depreciation and amortization, the unitâs CEO said in an internal meeting, according to a person with direct knowledge of the matter. ... Read more âș
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The U.S. Department of Defense has decided to remove Chinese lidar maker Hesai Group from its blacklist of Chinese companies with military ties, the Financial Times reported. The Pentagon added Hesai to the blacklist in January. But now, it has concluded that Hesai, whose lidar sensors are key ... Read more âș
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X owner Elon Musk on Tuesday blamed a late start to a streamed interview with former President Donald Trump on a âa massive DDOS attack on X.â Musk suggested the attack came from Trumpâs opposition, without elaborating. The audio stream, which started just under 45 minutes late, followed Trumpâs ... Read more âș
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It looks like Elon Musk is preparing for a cage match with Thierry Breton, a European commissioner who has been on the X ownerâs case over his lack of compliance with European regulations. Today, for instance, Musk re-tweeted the latest missive from Bretonâas verbose a letter as any bureaucrat could produceâwith an image from the movie âTropic Thunderâ where a character played by Tom Cruise urges someone to have carnal... Read more âș
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Patreon on Monday said Apple is requiring the membership siteâs iOS app to use the iPhone makerâs in-app purchasing system by Novemberâor it could risk being removed from the App Store. In a blog post, Patreon said this means Apple will take a 30% cut of all new memberships to creators purchased ... Read more âș
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BuzzFeedâs revenue during the second quarter of 2024 fell 24% to $46.9 million, excluding the Complex Networks properties it sold off earlier this year. It reduced its net loss from operations to $6.5 million in the quarter, compared to $22.5 million last year, and generated $2.7 million in ... Read more âș
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Robinhood announced Monday that it hired former Lyft executive Jeff Pinner as the companyâs first ever chief technology officer. Pinner joined the retail brokerage app from self-driving vehicle company Cruise, where he was a distinguished engineer. Prior to that, he spent a decade at Lyft, where ... Read more âș
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Googleâs complex deal to hire the founders and other researchers of Character.AIâthe third such deal between a tech giant and an artificial intelligence startup in the past six monthsâraises a question: Which startup might be next? Startups that collectively raised billions to develop their own AI models have found it difficult to compete against big tech companies with vast computing resources and large customer lists. But many startups are loaded... Read more âș
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Being a venture capitalist investing in AI startups these days isnât that different from being a detective. Much of the job, VCs tell me, is sniffing out the BS and separating it from reality.Nowhere is that more true than when analyzing startupsâ top lines. Weâve talked in the past about how some AI startups are pitching investors on their âcontracted ARRâ (or the revenue that could come from signed contracts... Read more âș
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Several months ago, an electric appliance company in eastern China put in a $120 million order for 300 servers powered by eight of Nvidiaâs cutting-edge H100 chips. The order was for chips that U.S. export rules bar from sale in China. To get around those rules, the company didnât go to one of Nvidiaâs authorized distributors but to a chip broker in Malaysia. The broker arranged for the Chinese buyer... Read more âș
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14.06.2026 12:59
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