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 ›
69
Tiger Global Management, a New York-based investment firm that became a symbol of the recent startup funding boom and bust, has raised $2.7 billion, according to a pair of securities filings it filed on Friday. Taken together, the capital is 55% less than the $6 billion goal it set for the new fund as of last fall and is 79% less than the prior investment fund it raised early last... Read more ›
12
It was in spring 2017 that Jennifer Pahlka, then a member of the Pentagon’s new Defense Innovation Board, found herself in a darkened U.S. military base watching a young analyst study aerial footage of a suspicious car. Well, the analyst was trying to parse the images: The Pentagon was relying on clunky, outdated software to highlight the vehicle’s path with a bounding red box that never seemed to keep up... Read more ›
20
I will start with John Denver,” said Dan Clancy. “There’s one note that’s kind of high, so I mangle it a little. But that’s OK. Part of doing this is being comfortable mangling a note or two.” Clancy, CEO of the $45 billion livestreaming platform Twitch, then launched into an emphatic keyboard rendition of Denver’s “Take Me Home, Country Roads.” When Clancy, 59, livestreams on Twitch under the username DJClancy,... Read more ›
4
Welcome back!Thursday, we published results from our monthly reader survey. Readers of The Information remain split on their outlook for Silicon Valley, with roughly equal numbers of respondents saying conditions will improve, worsen or stay the same.Respondents last month were more optimistic about most of the 14 companies our survey asks about, but their attitudes toward some companies this month seemed to shift with the news. Here’s what to know: Read more ›
0
The Securities and Exchange Commission’s lawsuits against both Coinbase and Binance have sparked an intense debate about its effort to regulate the crypto markets. But another aspect of the SEC’s crackdown has drawn less attention—proposed rules that could make it nearly impossible for some crypto-focused venture capitalists to make fresh crypto investments and could force them to dump some of their existing holdings. Venture capital firms including Andresssen Horowitz and... Read more ›
0
Fast-casual Mediterranean chain Cava, celebrating its public debut, handed out spicy falafel outside the New York Stock Exchange earlier today. Investors must like feta. The company’s stock finished the day up 99% from its initial public offering selling price. That’s a positive sign for the dormant IPO market, no doubt. But those venture capital investors seeking to sell their shares in hot startups might still have to wait, possibly until... Read more ›
0
Meta Platforms CEO Mark Zuckerberg and his deputies want other companies to freely use and profit from new artificial intelligence software Meta is developing, a decision that could have big implications for other AI developers and businesses that are increasingly adopting it. Meta is working on ways to make the next version of its open-source large-language model—technology that can power chatbots like ChatGPT—available for commercial use, said a person with... Read more ›
27
This weekend, I’m heading to the Cannes Lions International Festival of Creativity, the glitzy and celebrity-studded advertiser conference in the south of France where creators have become a growing presence. Major platforms favored by creators will be at the conference, including Meta Platforms, TikTok, YouTube, Snap and Spotify. Many of them are bringing along creators to attend their events and speak on panels. Spotify, for example, will host discussions with... Read more ›
0
CareRev, a healthcare startup that raised around $100 million from investors during the pandemic, is in the process of laying off nearly 100 employees—or about a third of its corporate workforce—according to one person with direct knowledge of the plans and another who was briefed on them. The cuts follow the departure of CareRev co-founder Will Patterson, who resigned as CEO earlier this month after The Information made inquiries about... Read more ›
0
Megafunds may be a relic of another era in venture capital. That’s not a bad thing. Insight Partners has reduced the target of its next fund 25% to $15 billion, the Financial Times first reported this week. Other firms, like Tiger Global Management and TCV, aren’t on track to meet their initial ambitious targets either.There aren’t enough opportunities to justify more pandemic-era monster funds anyway, and many limited partners have... Read more ›
4
Megafunds may be a relic of another era in venture capital. That’s not a bad thing. Insight Partners has reduced the target of its next fund 25% to $15 billion, the Financial Times first reported this week. Other firms, like Tiger Global Management and TCV, aren’t on track to meet their initial ambitious targets either.There aren’t enough opportunities to justify more pandemic-era monster funds anyway, and many limited partners have... Read more ›
0
While the approval of the AI Act in the European Parliament on Wednesday will no doubt go down in history as a day of reckoning for generative artificial intelligence, it was not the first. That honor belongs to March 31, when, citing a lack of compliance with various European data protection provisions, Italy’s data protection authority banned OpenAI’s ChatGPT. Products like ChatGPT and Google’s Bard are members of the generative... Read more ›
8
Even as big companies tighten their belts and startup funding remains at a trickle, readers of The Information report more flexible and employee-friendly workplace policies. Nearly half of respondents to The Information’s survey this month said their equity started vesting within six months. In 2021, when The Information conducted a similar survey about compensation, about a quarter of respondents said their equity started vesting in less than a year. Read more ›
0
In the span of a few months, Bitwise Industries, a job training startup that raised more than $100 million from investors including JP Morgan Chase, Goldman Sachs and Kapor Capital, has gone from an unlikely success story with hundreds of employees to a firm near bankruptcy targeted by multiple lawsuits, including allegations that its founders committed fraud. Now one investor is claiming she and her firm were misled by founders... Read more ›
0
Major advertisers and nearly every big TV network have jumped into the market for ads on video-streaming services. Now LinkedIn, the social network for professionals, is trying to get in on the act as well. The Microsoft-owned business is about to start testing an ad product that will allow marketers to target LinkedIn users when they’re watching movies and TV shows on streaming services, said people familiar with the matter.... Read more ›
3
Margrethe Vestager must have been getting a little antsy. The European Commission antitrust boss has been relatively quiet lately even as her British counterpart has been throwing punches at big tech companies, including by forcing Meta Platforms to divest Giphy and then blocking Microsoft’s purchase of Activision. In contrast, the Europeans said they were OK with the Activision deal going through (Brad Smith is sooo charming!). So maybe it’s not... Read more ›
0
Next week will be a busy one for the creator economy: Kaya is headed to the South of France for the Cannes Lions International Festival of Creativity, the splashy annual beachside event for advertisers, while my colleague Erin will be reporting at VidCon in Anaheim, Calif.Kaya will give you the download on Cannes in tomorrow’s newsletter. Today, I’ve got the rundown on VidCon, the conference that attracts social media creators,... Read more ›
27
In the week since the Securities and Exchange Commission filed its lawsuit against Coinbase, buzz has been building in the crypto community about another case that could derail the security regulator’s sweeping crackdown.Ripple Labs has been locked in its own battle with the SEC since 2020 over whether $1.3 billion in sales of xrp, the token developed by the founders of the crypto payments company, were offered and sold as... Read more ›
0
Google last month upgraded its Bard chatbot with a new machine-learning model that can better understand conversational language and compete with OpenAI’s ChatGPT. As Google develops a sequel to that model, it may hold a trump card: YouTube. The video site, which Google owns, is the single biggest and richest source of imagery, audio and text transcripts on the internet. And Google’s researchers have been using YouTube to develop its... Read more ›
8
Rob Bearden, the CEO of Cloudera, told employees in a virtual town hall meeting on Tuesday that he is stepping down, according to someone with direct knowledge. Bearden said in the meeting that it was his decision to leave the company, and that he had not been fired or forced to leave, the person said. His departure comes two years after the once public company, which sells data management software,... Read more ›
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Most popular sources
Business Insider
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25% 9 |
Gizmodo
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15% 9 |
Android Authority
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10% 6 |
The Verge
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8% 1 |
Ars Technica
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6% 2 |
| View sources » | |
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21.11.2025 02:59
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