Shares of database provider Snowflake jumped more than 19% in the wake of its report after dropping less than 1% in regular trading. Investors seemed to be encouraged that the company sailed well past its earlier quarterly product revenue projections and raised its full-year ... Read more ›
0
Ampla, a consumer startup-focused fintech that has loaned money to buzzy food and beverage brands like Carbone Fine Food pasta sauces and MrBeast-backed snack brand Feastables, is trying to find a buyer after failing to raise a fresh equity round, a person who has participated in deal talks said. The sale attempts highlight how a pullback in consumer spending has had ripple effects far beyond retailers and brands. Ampla, which... Read more ›
0
Meta Platforms is exploring developing artificial intelligence–powered earphones with cameras, which the company hopes could be used to identify objects and translate foreign languages, according to three current employees. Meta’s work on a new AI device comes as several tech companies look to develop AI wearables, and after Meta added an AI assistant to its Ray-Ban smart glasses. Meta CEO Mark Zuckerberg has seen several possible designs for the device... Read more ›
27
Later today, OpenAI is expected to unveil a bunch of new products. For a sneak peek at what could come, you can check out our story from Friday. But the timing of the event is interesting, given that tomorrow is Google’s largest annual developer conference, Google I/O, where that company is also expected to make a slew of AI-related announcements.We’ll have to wait to see what OpenAI and Google each... Read more ›
0
Chinese authorities have a message for the local tech industry: Buy Chinese. Officials with government agencies in recent months have told tech firms, including TikTok parent ByteDance, Tencent, Alibaba and Baidu, to cut back on their purchase of foreign-made artificial intelligence chips in favor of buying more domestically made chips, said two people who work with the tech giants. Read more ›
0
Early this year, a team of Tesla engineers was working out stubborn kinks in the Model 2, the company’s long-awaited $25,000 electric vehicle, which was to be ready for pilot production later this year and high-volume manufacture in 2025. The engineers believed they would surmount the technical difficulties, including with the car’s signature battery, and meet the deadlines, according to a former Tesla employee familiar with the project. So they... Read more ›
6
Welcome, Weekenders! In this newsletter:Meet Sequoia Capital’s Musk whisperer. Our favorite new power-dining spots. Plus: A funny-as-hell boss from hell; the mojo-less media; and a galactic bug hunt.As a small, dumb boy at heart, I saw the flying paint and smashed smithereens in Apple’s new iPad ad and honestly thought nothing more profound than: Neat!Obviously I was in the minority. Nearly everyone else hated it and viewed the 68-second advertisement... Read more ›
0
On the bottom floor of a luxury high-rise in San Francisco’s SOMA district—a few blocks away from Slack’s headquarters—a newly relocated counter spot sends out puffy milk toast with toro and golden osetra caviar. It sears blackthroat sea perch and tops it with onion jam. Welcome to Akikos, where dinner runs $250, or more realistically closer to $400 after tax, tip and sake. And it’s not the only local option.... Read more ›
27
In the race to develop artificial intelligence that communicates the way humans do, OpenAI is preparing to demonstrate technology that talks to people—using sound as well as text—and recognizes objects and images. The ChatGPT developer has shown some of these capabilities, which include better logical reasoning than its current products, to some customers, according to two people who have seen the new AI. The technology is another step in OpenAI... Read more ›
0
It’s Friday. What did we learn this week, aside from the fact that Apple’s marketing department is overrun with philistines? Maybe the most interesting tech news was Instacart’s disclosure that Nick Giovanni, the onetime senior Goldman Sachs media-tech-telecom banker who jumped to the grocery-delivery firm to be chief financial officer in January 2021, is leaving. We don’t know why, although CEO Fidji Simo, in discussing his exit on the company’s... Read more ›
0
This week, we addressed a topic that is often on my mind: our social media diets. I've been thinking a lot about mine, and it turns out that my friends and husband have too! That topic plus a very spirited debate about Apple's iPad ad and the broader significance of the controversy. Also, the latest in socks and sleep. I hope you enjoy. Apple Spotify YouTube Read more ›
0
On Oct. 17, several executives in tech contacted Sequoia Capital managing partner Roelof Botha, all making the same simple demand: Fire Shaun Maguire. Maguire, a 38-year-old partner at Sequoia, had spent the past 10 days posting fierce defenses of Israel on X (the social media platform he had helped steer Sequoia money into). He often wrote multiple times a day in the wake of the Oct. 7 attacks, offering his... Read more ›
10
Every year, The Information’s reporters identify the 50 most promising technology startups. In total, we’ve spotted 200 companies over four years that are logged in The Information 50 Database. My colleague Abubakar Idris and I spent the week looking back on our picks and updating the financial details for each company. Several businesses have been on quite the ride.At least 104 of the 200 companies have raised additional funding since... Read more ›
15
On Feb. 28, Elon Musk used X, the social media service he owns, to make a bold promise about a product from one of his other companies, Tesla. In a post, he said a new version of the Roadster—a successor to the electric car that put Tesla on the map in 2008—would be able to accelerate from zero to 60 miles per hour in less than a second, nearly twice... Read more ›
1
Just as there is an art to managing a CEO succession process from the inside (at least I imagine that to be the case—I have never done it myself), there’s a not so often discussed playbook for how a reporter writes about succession.It starts by writing a profile of the person you really, really think will get the job, though you can’t come out and say it directly. You can’t... Read more ›
0
Elon Musk is raising $6 billion for xAI, maker of Musk’s “anti-woke” artificial intelligence chatbot Grok, in a deal set to close Friday, according to our sources. The startup’s first outside funding values xAI at $18 billion, remarkable for a year-old company. It’s a reminder of what’s wrong with venture capital. The massive round has come together seamlessly despite Musk’s ill-fated $44 billion takeover of X, formerly known as Twitter,... Read more ›
1
When Marvel used artificial intelligence in the opening title sequence of the television series “Secret Invasion,” last year, it signaled AI had found its way into Hollywood. That didn’t sit well with a lot of people in entertainment. On-strike actors last year attributed some of their grievances to the impact of AI on their jobs. One startup wants to close the gap between Hollywood and AI.Runway, the text- and image-to-video... Read more ›
0
Instant-delivery pioneer Gopuff is the last speedy-delivery startup left standing in the U.S. after its best-funded competitor, Getir, said last week it would pull out of the country. That’s left Gopuff in the same position it was in 10 years and billions of dollars ago: trying to beat DoorDash. But Gopuff is in a weaker financial position than DoorDash. Gopuff burned around $400 million in 2023, according to a former... Read more ›
8
¿Habla español? Parlez-vous français? You might, but today’s large language models may not speak either Spanish or French very well. It’s a shortcoming that many developers are trying to address, especially since making LLMs available in more languages may attract more users. To give a sense of the issue, Meta Platforms said in a blog post last month, that more than 5% of the training data for its latest flagship... Read more ›
16
In Woodhaven, Queens, beneath an elevated subway line an hour’s ride from Manhattan, sits an unremarkable bank branch, squeezed between a shuttered Rite Aid and a children’s events space that moonlights as a venue for $10 adult Zumba dance classes. A plastic banner fastened to the shop front bears the lender’s name: Community Federal Savings Bank. Despite its sleepy appearance, the lender has emerged as a partner of last resort... Read more ›
15
It’s no secret that the suits at the annual big-money confab put on by the Milken Institute this week have few spending limits. Staring you in the face in the lobby of the Beverly Hilton is a booth set up by Bombardier, marketing its private jets to attendees. (A new 10-seater costs $32 million, I learned.)What attendees can’t really buy, however, is time. The soundtrack of the Los Angeles conference... Read more ›
0
Most popular sources
Business Insider
|
24% 7 |
The Verge
|
9% 3 |
Tech Wire Asia
|
8% 1 |
Android Authority
|
8% 5 |
Tom's Hardware
|
7% 5 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 11:51
Last update: 11:46 EDT.
News rating updated: 18:42.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.