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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It’s Erin Woo, reporting from VidCon in Anaheim, Calif.The convention, which kicked off Wednesday night, has drawn thousands of social media creators, industry executives and fans this year. YouTube is back sponsoring the conference which it has done every year there’s been a VidCon except last year, when TikTok took over as main sponsor. Amjad Hanif, YouTube’s vice president of product management, hosted the keynote this afternoon with YouTubers Colin... Read more ›
0
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the more than doubling of revenue the company experienced in 2021 over 2020. Read more ›
12
Adobe’s $20 billion plan to buy design software startup Figma in September offered Silicon Valley venture capitalists brief relief from the downturn’s tight grip. But they might want to put the champagne away. European regulators plan to launch an investigation of Adobe’s deal, the Financial Times reported earlier this week. A few months earlier, Bloomberg reported that the U.S. Department of Justice was also preparing to sue to block the... Read more ›
15
TikTok's Chief Operating Officer V. Pappas has quit, she told staff on Thursday, according to an email viewed by The Information. In an email to staff, Pappas said she will continue in an advisory role for the company, noting she feels the "time is right to move on and refocus." Her departure comes amid intense uncertainty about TikTok's future, however, given the threat of a U.S. government ban. For more... Read more ›
9
Meta Platforms executives always knew this moment would come. Apple’s unveiling of its Vision Pro mixed reality headset early this month puts the spotlight on the looming battle between Apple and Meta over control of the augmented reality and virtual reality market. And for the past five years, Meta has readied itself for the competition by trying to develop as many of its own chips as it could, to better... Read more ›
32
The United Auto Workers’ contract talks with Ultium Cells, General Motors’ joint venture for electric vehicle batteries, could take as long as a year as the union also attempts to hammer out a new national four-year agreement with the big three U.S. automakers, according to a union official.Six months after workers at the Ultium plant in Lordstown, Ohio, became the first at a U.S. battery gigafactory to organize, they have... Read more ›
2
In its war on big tech, the Federal Trade Commission has opened a new front. In a lawsuit filed against Amazon today, the FTC accused the e-commerce giant of duping millions of consumers into “unknowingly” enrolling in its Amazon Prime service and then making it really difficult for them to cancel. So this is what Amazon founder Jeff Bezos meant when he promised once to “focus relentlessly on our customers”!... Read more ›
5
Benchmark has led the first round of funding for a three-month-old artificial intelligence startup founded by former Salesforce co-CEO Bret Taylor and ex-Google executive Clay Bavor at a valuation of over $100 million, according to a person with direct knowledge of the deal. Taylor and Bavor’s company raised at least $20 million in the round, including from Sequoia Capital, an active venture investor in AI this year. The company wants... Read more ›
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David Dobrik first gained fame as an online influencer when he was a teen on the six-second video app Vine, then as a vlogger through his self-named YouTube channels. But in the past 18 months, he’s quietly become one of the top creators on Snapchat, where he posts 80 to 100 times a day and has 7.4 million subscribers. It’s a sign of how Snap has been able to court... Read more ›
0
OpenAI’s stated goal is to develop and promote a software system capable of artificial general intelligence. Toward that end, the company has released systems based on large-language models, which can respond to prompts with fluent conversation on many subjects. ChatGPT, Microsoft’s Bing chatbot and other new systems based on OpenAI’s GPT-3 and GPT-4 models are truly incredible and perform far beyond previous attempts at achieving AGI. However, I would caution... Read more ›
3
What does the future of Binance.US look like? The crypto exchange, founded as a U.S. offshoot of Binance in 2019, is in a precarious situation after the Securities and Exchange Commission sued both exchanges and their founder, Changpeng Zhao, for securities violations earlier this month. The allegations included that Binance and Zhao commingled customer assets and secretly controlled Binance.US.A judge approved an agreement on Saturday between the SEC and Binance.US... Read more ›
0
If you want a sense of what you might be able to do with Apple’s new Vision Pro mixed-reality headset in the future, consider this. Apple left a lot of bold new features it had been developing for the headset on the cutting-room floor—at least for now. Those include plans for fitness experiences, ambitious tools to help developers quickly and easily create augmented reality content and the ability to see... Read more ›
17
Talk about falling out of favor. Alibaba’s news today that its chair and CEO Daniel Zhang would step down so he can focus on the spinoff of Alibaba’s cloud unit—which he will continue to run—sent the company’s shares down 4.5%. That makes little sense on a number of levels. For one thing, as we wrote last year, there have long been questions about whether Zhang was the right person to... Read more ›
3
Hello!Our latest update to the Creator Economy Database comes with a major overhaul of the data we report for startups based outside the U.S. For the first time, we’ve included detailed information about the funding rounds and lead investors for private creator companies headquartered outside of the U.S. Here’s what we found:• Singapore-based BandLab, a service for artists to record and mix music on their phones, raised the largest international... Read more ›
25
Nat Friedman and Daniel Gross, a pair of founders turned startup investors, set the venture capital world abuzz last week by announcing a novel tactic to win over founders: offering them access to a huge number of free servers equipped with the most advanced chips for training machine-learning models. It turns out the duo also quietly raised an investment fund with more than $1 billion in assets to invest in... Read more ›
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It’s still incredibly hard to raise venture capital as the founder of a creator economy startup—unless you’re offering services for independent musicians. Creator economy startups in the U.S. raised $151.5 million in venture funding in the second quarter of this year so far, down 82% year over year, according to an update from The Information’s Creator Economy Database. Still, funding rose 17% from the first quarter, representing the first quarter-over-quarter... Read more ›
0
OpenAI—an early mover in releasing chatbots powered by large-language models—is contemplating another initiative to extend its influence in the world of artificial intelligence. The company is considering launching a marketplace in which customers could sell AI models they customize for their own needs to other businesses, according to two people with knowledge of discussions at the company. Read more ›
17
I’m at the bustling Cannes Lions advertising festival in the south of France, where the sun is strong and the rosé is flowing. The mood feels buoyant, even as the advertising world has pulled back on spending and tech companies reel from bruising mass layoffs. Some attendees are sharing Airbnbs with colleagues or staying far from the venue to cut down on costs. But tech companies still have a big... Read more ›
6
Hi, welcome to your Weekend.On Wednesday night, while editing Annie’s thoroughly delightful cover story on new Twitch CEO Dan Clancy, I hopped over to Clancy’s Twitch page, just to see if he was livestreaming. To my surprise and delight, he was.Almost two hours into a four-and-a-half hour jam session and open-mic night, the CEO sat facing the camera, playing the keyboard and howling the lyrics to John Prine’s “Angel from... Read more ›
0
Road trip season is upon us, and with electric vehicle sales up almost 50% so far in 2023, there’s a good chance that wherever you’re going, you won’t need gasoline. But you will need to recharge, and that’s where things can get complicated. I have been testing EVs for well over a decade and have driven thousands of miles in dozens of countries. I’ve definitely learned to love the calm,... Read more ›
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21.11.2025 02:34
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News rating updated: 09:20.
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