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
I was recently talking to a potential leadership coach and asked a fewâI guess pointedâquestions. âThatâs why you are a journalist,â she remarked. âYou are so skeptical.â I suppose I am. But this week, after taping More or Less, I momentarily wanted to join the optimistic camp. Sometimes you just have to root for the cool tech stuff, right? Hope you enjoy this episode which hits everything from Barbie and... Read more âș
10
SoftBank sued former IRL CEO Abraham Shafi and five siblings and cousins for allegedly misleading the investor about the messaging appâs growth, prompting the Japanese conglomerate to buy $150 million worth of shares in the company in 2021 at the height of a pandemic-fueled consumer internet boom. SoftBank said Shafi and his family members defrauded investors by lying about the companyâs millions of users, which were actually bots. The lawsuit... Read more âș
3
It might have been a moment lost in translation, or perhaps a willful reinterpretation, but when I asked CristĂłbal Valenzuela who in the tech world inspires him most, he named a Chilean poet. âNicanor Parra came up with this idea of âanti-poetry,ââ explained Valenzuela, co-founder and CEO of Runway, a generative AI video startup. âHe thought about the whole canon of literature in a way that no one else had... Read more âș
9
Lina Khan was hauled before the House Judiciary Committee one morning in mid-July to discuss a favorite Republican topic of the moment: the 34-year-old chairâs supposed mishandling of the Federal Trade Commission and its $430 million budget. Seated at the sprawling witness table next to a bevy of Deer Park water bottlesâa sign of the long day she was about to endureâKhan was eager to discuss something seemingly more pedestrian:... Read more âș
0
Welcome back!This week, to help readers follow the shifting playing field of enterprise software, we published The Informationâs Enterprise Tech Power List. For this second edition of the list, we identified 10 of the most powerful executives, 10 emerging executives and 13 investors who exert the most influence over the enterprise software industry. Our list includes people with strong track records, as well as less-well-known names who have been building... Read more âș
0
Turntide Technologies, a maker of electric motor systems backed by Bill Gatesâfounded Breakthrough Energy Ventures, was one of the more than 300 private companies that passed the $1 billion valuation threshold last year, putting it firmly into unicorn status. Itâs not worth close to that anymore. The Sunnyvale, Calif., firm is nearing a deal for new capital that would likely slash its valuation by more than 80%, according to corporate... Read more âș
13
Apple services to the rescue! The part of Appleâs business that includes the App Store and various subscription services was the star of the show in the companyâs fiscal third quarter, which ended July 1. Itâs a star the company badly needed, too. Total revenue at Apple dropped for the third consecutive quarter, shrinking 1% year over year. At the crux of the issue: iPhone, Mac and iPad sales shrank... Read more âș
0
What is going on this week? In two separate instances, creators on membership site Patreon and Facebook-owner Meta Platforms report theyâve had issues with payments. These snafus highlight the precarious nature of creatorsâ income, particularly when multiple companies are involved in payouts.Letâs start with Patreon. The San Francisco startup on Thursday said it had identified an issue affecting creators who used payments company Payoneer, and it temporarily paused payouts from... Read more âș
0
Welcome back! Hopin, one of the most iconic startups of the pandemic era, said this week it sold its virtual event and webinar hosting business to RingCentral, and that its founder and CEO, Johnny Boufarhat, is stepping down. The sale marks a pitiful finale for the once-heralded startup.Similar to Clubhouse, the chat app valued at $4 billion in 2021, Hopin had reached a unicorn valuation in record time before fetching... Read more âș
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Gen Zâfounded underwear startup Parade, a size- and gender-inclusive brand that built an avid fan base on Instagram and was valued at nearly $200 million last year, is nearing a deal to be acquired, according to three people familiar with the talks. The company recently held talks with lingerie manufacturer Ariela & Associates International, one of the people said, which makes products for companies including Fruit of the Loom, as... Read more âș
0
Itâs a question on the mind of every artificial intelligence startup founder and developer: Can I trust my large-language model?This deceptively simple inquiry has become more difficult to answer, as recent research shows OpenAIâs GPT-4 and other LLMs can improve in some ways over time but also get worse too.For startups using these models, it can be especially difficult to evaluate their performance because OpenAI and other providers of models... Read more âș
30
As the crypto investing boom was reaching a fever pitch in 2021, crypto payment startup MoonPayâknown for its flashy celebrity endorsementsâwas barreling toward a blockbuster fundraising. Investors including Tiger Global Management and Coatue Management invested $555 million at a whopping $3.4 billion valuation in a deal that allowed CEO Ivan Soto-Wright and his inner circle to cash out $150 million of their own stock. But things played out very differently... Read more âș
119
Shipping companies have urged international maritime regulators to create safety rules for transporting electric vehicles after a spate of fires aboard freighters carrying EVs, including one last week near the Netherlands that killed a crew member and injured seven others. In the latest accident, the 650-foot Fremantle Highway caught fire July 26 en route from Bremerhaven, Germany, to Singapore with 3,783 vehicles aboard, including 498 EVs. It took until Sunday... Read more âș
12
Anybody hunting for dark signs about consumer spending will have to look somewhere other than a couple of earnings reports from e-commerce companies today. DoorDash, for example, said its food-delivery business hit all-time highs in terms of revenue, gross value of orders on its marketplace and total orders. The company said revenue jumped 33% to $2.13 billion in the second quarter compared to the year-earlier period, and DoorDash is bullish... Read more âș
23
The buzzwords that executives drop during their companiesâ quarterly conference calls provide a window into managementâs interest at the moment, or at least what they want investors to hear. At Pinterest, executives led by CEO Bill Ready have been effusive about artificial intelligence latelyâand as the chart above shows, theyâve spent much less time chatting about creators. In the digital scrapbook siteâs most recent quarterly investor call, Pinterest executives mentioned... Read more âș
0
Late last month, the CEO of storage and moving startup Clutter emailed some of the companyâs investors to say the firm was in dire straits: Clutter, which had been valued at a reported $600 million in 2019 and garnered investments from SoftBank and Sequoia, had essentially run out of cash. To stay alive, it struck a deal to be sold for pennies on the dollar to one of its business... Read more âș
9
Changpeng Zhao really wants to cut off all ties to the U.S.I scooped yesterday that Zhao pushed to shut down Binance.US, the U.S. offshoot of the global exchange Binance. The decision shows just how far Zhao is willing to go to help preserve the image of the global exchange, which is the largest in the world. A spokesperson for Binance.US declined to comment. Read more âș
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Disney CEO Robert Iger surprised investors recently when he revealed that the companyâs traditional television business, including the ABC network and ESPN, âmay not be coreâ to its future. Selling the linear networks would leave Disneyâs future primarily in its parks and direct-to-consumer businesses. The irony is that this sounds a lot like the vision of former Disney CEO Bob Chapek, who was ousted last fall in favor of Igerâs... Read more âș
0
The rise of artificial intelligence that can understand or mimic language has upended the power balance in enterprise software this year. Some executives have become more powerful, others have become less relevant, and a new cohort of company operators and investors is suddenly pulling the strings as customers incorporate the new AI software. There are four new faces among the top 10 executives. And the top dog from last year,... Read more âș
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Thousands of machine learning researchers, founders and venture capitalists flooded the sandy beaches of Oahu last week for the International Conference on Machine Learning. Notable attendees included John Schulman, an OpenAI co-founder and head of its reinforcement learning team; OpenAI researcher Noam Brown, known for creating the first AI to achieve human-level performance in the strategy game Diplomacy; and Paige Bailey, a lead product manager at Google DeepMind. Conference-goers attended... Read more âș
5
Most popular sources
Business Insider
|
18% 15 |
Gizmodo
|
15% 8 |
Android Authority
|
11% 7 |
The Verge
|
8% 0 |
Ars Technica
|
6% 2 |
| View sources » | |
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20.11.2025 20:35
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