Friday, October 27, 2023

A year after Musk’s takeover, X says an average user spends 32 minutes per day on the platform

On the eve of the one-year anniversary of Musk taking over Twitter (now X), the company published a retrospective blog post examining how it has fared under the new management. There are a lot of numbers in the post, but one that sticks out is a claim that an average user spends 32 minutes on […]

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ABL Space Systems provides update on the road to second RS1 launch

ABL Space Systems has been quiet since the company conducted its first launch attempt in January, which resulted in the rocket crashing back down to Earth a little over 10 seconds after liftoff. Now we know why: They have been very, very, very busy. In a detailed blog post on Wednesday, CEO Harry O’Hanley described […]


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Thursday, October 26, 2023

Cruise pauses all driverless robotaxi operations to ‘rebuild public trust’

Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department of Motor Vehicles suspended Cruise’s deployment and driverless testing permits effectively ending its robotaxi operations in the state. The action means that driverless operations in Austin, Houston and Phoenix where the company was charging […]

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Ford delays $12B in EV investments as automaker wrestles with demand

Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.  CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing away from its next-generation EV […]

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Twitch’s money guy talks about the revenue split controversy and its monetization long game

Twitch has had a tense year, in part due to community backlash over policy changes that affect the way creators can monetize their content.  Last year, the company announced that it would end the 70/30 subscription revenue split deal that it had offered select streamers in favor of prioritizing ad revenue. In June, Twitch launched […]

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Zuckerberg says Threads has a ‘good chance’ of reaching 1 billion users in a few years

Meta said today that its text-based social network Threads has under 100 million monthly users three months after its launch. Mark Zuckerberg noted during the company’s latest earnings call that the social networking giant is happy with Threads’ progress — with the current growth rate, it could achieve the mark of a billion users in […]

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ULA aims to launch Astrobotic lunar lander on Christmas Eve

Pittsburgh-based Astrobotic’s first lunar lander is set to take off on United Launch Alliance’s new Vulcan Centaur rocket on Christmas Eve, ULA CEO Tory Bruno said. Bruno told the audience at the CNBC Technology Executive Council Summit that the rocket company is targeting between December 24 and December 26 for the first-ever Vulcan launch. “The […]


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Ford and UAW negotiators reach ‘tentative agreement’ to end strike

Ford has reached a “tentative agreement on a new labor contract” with the United Auto Workers (UAW) union for the automaker’s U.S. operations. The UAW began its strike of the Detroit Three automakers — Ford, Stellantis and General Motors — in mid-September. If successful, Ford will be the first of the three to settle the […]


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Electron will likely return to the skies before the year is out, Rocket Lab says

Rocket Lab’s Electron rocket will likely return to flight before the year is out, though work remains to be complete before missions can resume, according to a new statement released Wednesday. Rocket Lab said it had received authorization from the Federal Aviation Administration to resume Electron launches from the company’s New Zealand launch complex, but […]


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TwitchCon 2023 was better than last year, but everyone hated Las Vegas

Compared to the shitshow that went down last year, TwitchCon Las Vegas was largely a success. The problem? Nobody liked Las Vegas.  This year’s TwitchCon appeared to mitigate last year’s crowding issues and concluded without any foam pit tragedies. The fraught relationship between Twitch and its streamers is on the mend after the company opened […]


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Why 42 states came together to sue Meta over kids’ mental health

Attorneys general from dozens of states sued Meta this week, accusing the company of deliberately designing its products to appeal to kids to the detriment of their mental health. In the lawsuit, filed in California federal court Tuesday, 33 states including California, Colorado, New York, Arizona and Illinois argue that Meta violated state and federal […]


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AMD and Korean telco KT back AI software developer Moreh in $22M Series B 

Advanced Micro Devices (AMD) and Korean telco KT are among the investors of Moreh, which builds an AI software tool that optimizes and creates AI models. The Santa Clara- and Seoul-based startup said it has raised a $22 million Series B round, bringing its total raised to $30 million. Moreh says its flagship AI software, called […]


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Carta’s CEO reaches out to customers about bad press, alerting them to bad press

In an attempt at damage control, the CEO of the equity management startup Carta, Henry Ward, today emailed customers, telling them that if they are concerned about “negative press” tied to the outfit, they should read a Medium post of his. The move appeared only to call more attention to the many reported problems plaguing […]


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