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. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
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AI models that once took millions of dollars per month to run could soon fit into the three-by-five-inch phone in your pocket.That may be a bit of an exaggeration, but recent technological advancements have brought edge AI—a method to run AI models on devices—back into the limelight. Engineers from Carnegie Mellon University, University of Washington, Shanghai Jiao Tong University and AI startup OctoML have recently collaborated to get large language... Read more ›
0
A growing number of investors are complaining about Amazon’s management, specifically a lack of transparency about how much money it’s been pouring into ambitious satellite internet and grocery initiatives and how those bets have been paying off, investors and analysts told The Information. The complaints follow five years of Amazon shares underperforming the company’s big tech peers and the broader market alike. Investors say they are hoping Amazon at the... Read more ›
0
The deal business is definitely picking up—if only from troubled companies unloading stuff to raise cash. Take reports today that Lyft is looking to sell its bike-share business and that French-controlled cable firm Altice USA is contemplating ditching its Cheddar News financial news streaming channel. Both Lyft and Altice are in a bad way—as symbolized by their stocks falling 80% and 90%, respectively, over the past two years—which surely explains... Read more ›
3
It’s already shaping up to be a busy week, with a parade of quarterly tech earnings and Elon Musk’s surprise announcement that he’s rebranding Twitter to X (more on that in a moment).Second-quarter results from Snap and Alphabet on Tuesday and Meta Platforms on Wednesday will give insight into the state of digital advertising. YouTube, owned by Google parent Alphabet, has reported three straight quarters of revenue declines, offering something... Read more ›
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Welcome to AI Agenda, The Information’s new newsletter that takes you inside the fast-paced world of artificial intelligence.Rapid advancements in the field have prompted companies and governments to grapple with how emerging technology such as ChatGPT and AI-generated video will shape our lives. Through it all, The Information has brought you the early news on companies, investors and techniques driving the progress.This newsletter aims to cut through the noise on... Read more ›
6
Stitch Fix’s new CEO, Matt Baer, grew up in South Florida, working at his family’s chain of furniture stores. But after studying business in college, Baer went to law school and took a job with hotshot lawyer David Boies’ firm. He returned to retail when he joined e-commerce startup Fab in 2011, which started a decade of work at both e-commerce startups and bigger retailers Walmart and Macy’s. Despite those... Read more ›
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When JPMorgan Chase signed a deal last year to buy 49% of Greek payments fintech Viva Wallet for $800 million, Jamie Dimon flew to Athens to stand alongside Prime Minister Kyriakos Mitsotakis, who hailed the purchase as a “vote of confidence in the country.” The deal crowned Viva Wallet as Greece’s first tech unicorn, valued at $1.6 billion. For JPMorgan, Viva Wallet’s expertise in dealing with financial laws and compliance... Read more ›
1
Sales of electric vehicles are growing at 55% a year. California and the EU have both banned the sale of new combustion vehicles after 2035. Yet in 2050 drivers will still be plying the world’s roads in up to 1 billion combustion vehicles, according to leading analysts. Combustion’s tenacity will exacerbate the extreme weather conditions experienced around the world this summer, funnel more than $1 trillion a year in revenue... Read more ›
0
In May, hundreds of people queued outside an auditorium in the San Isidro district of Lima, Perú. They had to wait another two hours before the event began, with the line nearly wrapping around the block and storm clouds looming in the late evening sky. As they killed time, the crowd buzzed in anticipation: “Notion! Notion! Notion!” they chanted. The young Perúvians had gathered to celebrate their favorite workplace productivity... Read more ›
6
Hi, welcome to your Weekend.You’re likely not intimately familiar with the world of John Collison, and that is mostly by design. Unlike other millennial tech titans like Sam Altman, Brian Chesky and Brian Armstrong, relatively little has been written about Collison, the intensely private, Irish-born co-founder of the $50 billion payments company Stripe.“He’s still so young,” one Stripe investor and Collison intimate told Cory for this weekend’s cover story. “This... Read more ›
1
Talk about shades of “Succession.” Investor Activant Ventures, a shareholder in e-commerce software firm Bolt, made some extraordinary allegations in a lawsuit filed today against Bolt co-founder Ryan Breslow—which The Information’s Erin Woo scooped here. Most stunning was that Breslow, in a move reminiscent of Logan Roy, last spring removed three of Bolt’s five directors who wouldn’t do his bidding regarding a $30 million personal loan—guaranteed by the company—that he... Read more ›
0
There was a moment in this week's episode that made me realize (yet again) that we are in interesting and important times. It was when Sam said, "It's not typical that you see VCs write down an investment in the same quarter they made it." He was talking about struggling AI startups, a big topic this week, along with the Hollywood strike and Threads. I hope you enjoy. Spotify Apple... Read more ›
0
When Chris Messina joined Google back in 2010 as a user experience designer, he was placed within a team devoted to making Google+, the company’s big bet in social media, a success. The network, launched in 2011, was designed to bring Google’s might to the world of social media and supplant some of the big beasts of the time, including Facebook and Twitter. Rather than change the world, Google+ became... Read more ›
15
Visitors to the Abbey Leix estate in County Laois, Ireland, must drive on an unkempt gravel road that leads through a thick forest and past a derelict corn mill to get to the giant old house in the country’s midlands. Stephen Kinsella, an Irish economist, made the journey last May at the invitation of a friend who had recently purchased the 1,120-acre estate for more than $15 million, with plans... Read more ›
3
Welcome back!On Thursday, we published results from our monthly subscriber survey, revealing a sunnier outlook for the technology industry among readers of The Information.Nearly half of respondents—47%—said conditions for technology companies would improve over the next six months, while about a fifth—19%—said they would worsen. In June, pessimists slightly outnumbered optimists, with 31% saying conditions would improve and 36% saying they would worsen. Read more ›
2
The Securities and Exchange Commission subpoenaed e-commerce software startup Bolt and sent a notice to co-founder and former CEO Ryan Breslow last year over their past statements to current and potential investors, according to an April 2023 letter from a lawyer representing two of Bolt’s major investors. Brian Reinken of WestCap Management and Arjun Sethi of Tribe Capital Management claim Breslow misled investors when he was raising Bolt’s $355 million... Read more ›
17
Last week, things finally seemed to be stabilizing for employees of Cameo—an online marketplace where people can pay supporting cast members of “Seinfeld” and other celebrities to record personalized video messages. After two rounds of layoffs in 2022 that had gutted the size of its staff, Cameo had flown dozens of employees to its Chicago office from around the U.S. and the world, from Mexico to Malta, for an annual... Read more ›
14
With another set of headlines about tech companies threatening to pull their products from the U.K. or the EU rather than comply with new regulations, I have to wonder: Will it actually happen? Because that would be an interesting shift.Today, Apple said it would remove FaceTime and iMessage from its products in the U.K. if the government goes ahead with a new act that would allow it to vet and... Read more ›
1
As the chart above shows, most social networks have dabbled with a feature, often dubbed disappearing stories, that lets users post photos or videos that are set to disappear off the app after a set amount of time, typically 24 hours. Twitch earlier this month announced it was jumping into the fray. The offering from Amazon-owned Twitch comes more than a decade after Snapchat made automatic deletion of its users’... Read more ›
0
Five partners have exited Sequoia Capital, I reported yesterday, one of the biggest personnel shake-ups at the legendary venture capital firm in recent history. It’s a sign of what’s coming for the broader industry. The departures included three junior dealmakers, or partners with less experience. Two of them, Kais Khimji and Daniel Chen, have already started artificial intelligence companies with Sequoia funding. In addition, two senior investors, including the firm’s... Read more ›
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Most popular sources
Business Insider
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20% 13 |
Gizmodo
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16% 10 |
Android Authority
|
12% 8 |
The Verge
|
8% 0 |
Ars Technica
|
6% 3 |
| View sources » | |
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20.11.2025 22:46
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