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
At SpaceX, Elon Musk’s top lieutenant Gwynne Shotwell has won a reputation as the adult in the room, able to turn Musk’s visionary ideas into commercial reality. Ad executives are hoping that former NBCUniversal ad sales chief Linda Yaccarino will play the same role at Twitter, where she was named Friday as CEO. People who know Musk and ad executives who know Yaccarino—a 30-year veteran of both Comcast’s NBCUniversal and... Read more ›
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Bakkt, the new owner of a crypto custody and clearing provider that helps fintech companies like Public.com and Webull offer crypto trading, is removing support for 25 of the 36 tokens it offers, a spokesperson confirmed. The decision, which impacts popular tokens like uniswap and avalanche, marks the latest example of companies pulling back on crypto products in the U.S. as regulators closely scrutinize the industry. Securities and Exchange Commission... Read more ›
33
This is “Show Us Everything,” a new feature from The Information Weekend, in which company founders share intimate glimpses of their everyday lives. When Lucy Guo told me she ran a 4:50 mile, I knew we were about to have very different experiences at Barry’s Bootcamp. It was a little after 8 a.m. when a black van dropped Guo off at Barry’s, the favored workout studio of Miami Beach tech... Read more ›
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Earlier this year, Marissa Mayer—signature blond bob, talking a mile a minute—taught a class on how to start your own company. It had been five years since Mayer had become a startup founder herself, and she had prepared a slide deck describing the finer details of entrepreneurship. As she clicked through the presentation, her audience fidgeted in their seats. They were fourth graders. Mayer had come to her son’s classroom... Read more ›
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Welcome back! It’s no secret that the valuations of tech companies have fallen in the past year or so. We offer a window into just how far valuations of once high-flying startups have declined in our updated Tech IPO Tracker, which now includes estimated valuations of companies that were looking to go public as recently as last year. Since their most recent private fundraising rounds, valuations of these startups have... Read more ›
0
Over the past few years, TikTok has become a viral hitmaker, sending musical artists like Lil Nas X to the top of the record charts and propelling the careers of Olivia Rodrigo and Megan Thee Stallion. Now TikTok’s parent, ByteDance, is angling to play a bigger role in these artists’ careers, which could reduce the increasingly steep costs of licensing their music. TikTok has been pursuing dozens of artists to... Read more ›
0
What do you call a visionary who fails to act on their own vision? Masayoshi Son. The SoftBank chief was a prominent advocate for artificial intelligence for at least the past six years, long before OpenAI’s ChatGPT woke the world to AI’s potential. But lately, as everyone and their dog rushes to put money into AI startups, SoftBank has been largely absent from the investment scene. Burned by last year’s... Read more ›
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Binance.US and Changpeng Zhao, the crypto exchange’s founder, majority owner and chair, have been exploring ways to reduce his stake in the company, two people familiar with the matter said. Zhao has been trying to sell at least some of his stake since last summer, one of the people said. And in recent weeks, since the Commodity Futures Trading Commission sued Zhao’s international crypto firm Binance for allegedly violating U.S.... Read more ›
36
Meta Platforms is pouring more money into generative artificial intelligence and incorporating the technology into its products for advertisers and creators. The parent of Facebook and Instagram on Thursday unveiled an “AI Sandbox” of three new features that use generative AI it’s been testing with a small group of advertisers. One allows users to describe their advertisement in text and view variations that play around with wording and tone, or... Read more ›
36
Hungry venture capitalists inundated Rewind AI co-founder and CEO Dan Siroker the moment they caught wind of his artificial intelligence startup’s Series A plans, he wrote on Twitter last month. So he skipped the traditional fundraising process and tried something unorthodox.On April 14, he shared a link to an online form and asked investors to state “the highest amount you’re comfortable” paying between $200 million and $1 billion. It was... Read more ›
31
A former employee for Snap, the company behind Snapchat, once told me there’s an inside joke at the company that Snap is “the research and development team for Meta Platforms.” The joke started as a self-deprecating dig at Instagram’s ripping off of Snapchat’s Stories feature in 2016. Nowadays, though, it often feels like Snapchat isn’t just doing R&D for Meta—it’s doing research for every big platform. The app is consistently... Read more ›
0
Valuations of startups that had been looking toward an initial public offering have fallen as much as 93% from their most recent private fundraising rounds, according to estimates by Caplight, which tracks trading of private-company shares on secondary markets. Caplight’s estimates are included in The Information’s newly updated Tech IPO Tracker. Last year, The Information identified 34 startups that appeared to be headed toward IPOs. But rising interest rates and... Read more ›
0
When lithium-metal battery developer SES AI held its first-quarter earnings call this week, executives were especially prepared for one question: When would the company complete its “A Sample”? And when that was done, when would SES finish its “B” and “C” samples? CEO Qichao Hu assured analysts that all three were on schedule, and the battery on track to be in a commercial electric vehicle by 2026.Out of the public... Read more ›
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We have lots of news today, including Disney’s change of heart on Hulu (see below) and Google’s blizzard of new product announcements at its annual developer conference. For more on Google, see here. But arguably the most important though little-covered news story this week was a Delaware court’s decision on Tuesday to reject a shareholder lawsuit over Block’s boneheaded purchase of musical streaming service Tidal. While finding that the roughly... Read more ›
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Social audio’s heyday has definitively come and gone. After Clubhouse became an overnight sensation, other tech companies were quick to launch their own products that invited people to chat in live virtual rooms. But as the chart above shows, some such as Reddit and Spotify have recently shut down their Clubhouse rivals. And even Clubhouse, which says it still has “millions” of users, says it is evolving its product after... Read more ›
0
Google’s once-a-year product showcase on Wednesday confirmed what employees and rivals have been saying for months: the company is playing catch-up to rivals in conversational artificial intelligence and other fronts. During its annual event for software developers, the company announced new AI features for web search, Docs and Bard—its answer to OpenAI’s ChatGPT chatbot—but none of them seemed more advanced than what rivals have already launched. Still, Google’s preview of... Read more ›
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Over the past few months, crypto fans have been fixated on a pair of new tools that allow them to trade NFTs and create new tokens using bitcoin’s underlying blockchain network. That has sparked a surge in trading of Bitcoin-based digital artwork collections including BTC DeGods, Bitcoin Wizards, Bitcoin Punks and Bitcoin Pizzas. There’s more. Memecoins, or cryptocurrencies created as a joke and with no underlying function, have also spiked.... Read more ›
20
For Tesla employees, the sight of Tom Zhu’s face early this year around the electric car maker’s factory in Austin, Texas, was a relief. For months, the absence of key Tesla executives in Austin had paralyzed the multimillion-dollar purchasing decisions required to build out the assembly line for its newest vehicle, a futuristic stainless-steel hulk called the Cybertruck. The company’s CEO, Elon Musk, had been preoccupied with Twitter since October,... Read more ›
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In February, Microsoft’s Bing search engine launched a chatbot that gives humanlike answers to questions, a feature CEO Satya Nadella said would energize Bing and pressure web-search leader Google. But Bing has barely eked out any gains against Google in the past few months, new data show. That reality may leave Bing with only one option to try to move the needle in search: Win deals to replace Google as... Read more ›
0
Before we get to today’s column, I must point you all to the news that ousted Fox host Tucker Carlson is planning to launch a show on Twitter—if he can first win a legal battle with Fox. You can read that great scoop here. The news reminds me of a column I wrote when Musk bought Twitter. I said he was doing it to become Rupert Murdoch. As an aside,... Read more ›
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Most popular sources
Business Insider
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28% 6 |
Gizmodo
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14% 10 |
Android Authority
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10% 4 |
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 07:00
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