Uncategorized
23 Jul
Patreon lays off 20% of its workforce
In a memo to staff that was posted online, Conte said the company's core business is strong, but the platform has to respond to market ...
23 Jul
Insurance startup Corgi reportedly raised more money at $4B — its third round in 8 weeks
In the AI-funding frenzy, many startups are raising back-to-back rounds at ever-increasing valuations — but even by those standards, Co...
23 Jul
Tesla’s door handles may spur new US safety rules
The new rule-making process follows a series of incidents, including fatal ones, in which people have become stuck inside cars.
23 Jul
Meta drops out of a major clean energy pact as its natural gas buildout accelerates
Meta has made significant investments in natural gas over the past year. Now it's dropping out of an industry renewable energy group.
22 Jul
Google justifies its massive AI spending with a booming cloud business
Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record p...
22 Jul
Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable
Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moo...
22 Jul
Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new ge...
22 Jul
Social media addiction lawsuit against Meta is dropped
A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff volunt...
22 Jul
SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal bri...
21 Jul
OpenAI says Hugging Face was breached by its own pre-release models
OpenAI has come forward to claim responsibility for the Hugging Face breach, saying it was the result of internal testing gone awry.
