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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Welcome back!Last week, we detailed how cost cutting had shaken up management at Amazon and Meta Platforms. Snap too is shuffling its ranks, while Google parent Alphabet now has its two sometimes-squabbling artificial intelligence labs working together. We continually update our Org Charts for 40 companies, sometimes without publishing stories about the changes, so keep an eye out for how companies reorder their staff.We updated our Org Chart for Snap... Read more ›
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In 2018, Coinbase CEO Brian Armstrong made a trip to Washington in what was one of his first formal visits to meet with lawmakers. Over two days, Armstrong and his team, which included senior policy and communications staff and lobbyists from Franklin Square Group, met with roughly 30 people, including lawmakers, according to two people with direct knowledge of the matter. Armstrong and other company executives felt the meetings were... Read more ›
0
We got a barrage of March-quarter earnings today and they provide a good summary of who’s up and who’s down in tech and media. (Spoiler alert: Apple did fine, but given how weak the smartphone and PC markets are, that’s not saying much). For more details, grab a coffee (or a beer) and relax. Here we go:In ride hailing, Lyft is barely growing and is still burning cash, which means... Read more ›
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Most social media platforms have a similar method for users to increase the visibility of their posts: pay to turn existing posts into revenue-generating advertisements. At least, that’s the case for Instagram, Facebook, LinkedIn, Pinterest and TikTok, where users can pay for their post to show up in user’s feeds as an ad. Facebook has allowed users to do this since 2007, while TikTok most recently introduced its Promote feature... Read more ›
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Rapid innovations in artificial intelligence have already upended many aspects of our lives, from the way we view and access the internet to how we think about the future of work. It’s only natural, then, that this swift-moving newscycle also upended the agenda for our call with subscribers on the need for AI regulation. In just the three days before the event, IBM CEO Arvind Krishna said in an interview... Read more ›
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The biggest bank failure since the financial crisis and the fourth bank failure of the year happened this week. But no one in Silicon Valley seemed to care. That’s probably because they’re all exhausted by the slow-moving train wreck that’s transpired over the past three months. Or because—after the fall of crypto exchange FTX last fall and Silicon Valley Bank’s overnight meltdown in March—they’ve come to expect record-setting blowups at... Read more ›
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OpenAI’s losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google, according to three people with knowledge of the startup’s financials. The previously unreported figure reflects the steep costs of training its machine-learning models during the period before it started selling access to the chatbot. Even as revenue has picked up—reaching an annual pace of hundreds of millions of dollars just... Read more ›
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When I was researching my book about con artists, I encountered the chief financial officer of a large company who’d been arrested for fixing the books after a series of losses. He seemed like a nice, down-to-earth guy, like someone who was just caught in a bad situation. Yes, he fudged a few numbers to stay afloat—a bad choice, but not con artist-level bad. Only the longer the case went... Read more ›
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For years, Google’s YouTube couldn’t get any respect from the TV industry. TV marketers wouldn’t go near it out of fear that their ads would be tainted by running alongside YouTube’s amateur content. And analysts and research firms treated the streaming service as separate from the rest of television when analyzing TV viewing and advertising. How things have changed. One startling statistic shows how YouTube is now unequivocally the king... Read more ›
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For years, Klaviyo’s best partner was e-commerce giant Shopify. Now, as the marketing software firm once valued at $9.5 billion gears up for an initial public offering, it’s looking to make new friends. Most of the 110,000-plus merchants paying for the company’s software are e-commerce sellers who host their sites on Shopify. But Klaviyo is now trying to diversify its customer base, in part by overhauling its sales force to... Read more ›
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Trailing rivals in the U.S. and China, once high-flying electric vehicle battery developer QuantumScape is lowering its ambitions and aiming to make smartphone-size batteries, a pivot it hopes will restore its momentum and contain the damage from a delayed production ramp.Until now, the San Jose, Calif., company has sought to make a single product—large pure lithium metal batteries delivering far longer EV driving range than current lithium-ion batteries can. But... Read more ›
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Uh oh. Here we go again. In today’s headlines: TikTok, which could use some positive press attention at the moment, has begun allowing publishers to sell ads alongside their videos while keeping half the revenue. And some big publishers are taking it up on the invitation.The Wall Street Journal heralds the move thusly: “The opportunity to sell ads in social media’s hottest app comes as many publishers are struggling to... Read more ›
0
More videos created with the help of AI tools are circulating online. In one of the latest examples, a commercial for an imaginary pizza chain created by a video producer with the handle Pizza Later garnered more than half a million views across YouTube, Reddit and Twitter. The anonymous producer used a bevy of AI tools, including OpenAI’s GPT-4 technology for the script, Midjourney to generate images, and Runway’s Gen-2... Read more ›
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Reduced profits and declining share prices hit many tech workers last year where it hurts—in their wallets. Median pay for employees declined in 2022 at at least 18 well-known tech companies, according to an analysis of securities filings by The Information. At two companies—Snap and Cloudflare—median pay declined more than 30%. Read more ›
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These days it seems like crypto venture capitalists can’t stop talking about blockchain infrastructure. But that doesn’t mean everyone is all in on the idea.Many VCs have been pulling back from flashy consumer startups following the blowup of FTX, favoring safer bets on software that helps power the back end of blockchains. But Alok Vasudev, co-founder of venture firm Standard Crypto, says now is the time to take risks on... Read more ›
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A flock of big-name investors—Andreessen Horowitz, Thrive Capital, Founders Fund and even Jack Ma and George Soros—piled into Cadre six years ago at an $800 million valuation, seeing potential in its promise to bring commercial real estate investing to the masses. The company, co-founded by Jared Kushner and former Blackstone employee Ryan Williams, told investors then that its “addressable market opportunity is $100+ trillion.” But the New York–based company failed... Read more ›
2
Are we at peak ChatGPT hype yet? It seems every company has got the memo that they need to declare how they’re using the technology. Just today, for instance, we heard from Uber (artificial intelligence will help Uber predict ETAs more accurately for riders), Box (announcing Box AI, “a breakthrough in how you can interact with your content”) and Snap, pitching advertisers on how they can put ads into its... Read more ›
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It’s hasn’t been an easy few years to be the head of TikTok’s U.S trust and safety team, as the popular app deals with everything from reports its algorithm promoted eating disorders and suicide content to misinformation. Now it’s in search of a new leader. Eric Han, who was responsible for overseeing efforts to police harmful content on TikTok in the U.S., is leaving the company next week, according to... Read more ›
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Sign up for Rosen’s newsletter, Parqor, part of The Information’s newsletter network. As of midnight last night, Hollywood’s writers are on strike. Their demands for better pay and better job security seem like the beginning of the end of this digital chapter in our entertainment industry. I would argue, however, that the true origin point was actually a couple of weeks ago, when Netflix announced in a blog post that... Read more ›
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Not everyone trusts OpenAI’s ChatGPT. While the new artificial intelligence–powered chatbot has proved popular with some businesses looking to automate business tasks, other companies, such as banks, have avoided adopting ChatGPT for fear that their employees would inadvertently give the chatbot proprietary information when they use it. Microsoft, which has the rights to resell the startup’s technology, has a plan to win over the holdouts. Later this quarter Microsoft’s Azure... Read more ›
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Most popular sources
Business Insider
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30% 5 |
Gizmodo
|
14% 9 |
Android Authority
|
9% 3 |
The Verge
|
7% 2 |
Ars Technica
|
6% 2 |
| View sources » | |
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21.11.2025 08:07
Last update: 08:01 EDT.
News rating updated: 15:01.
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