Saturday, October 28, 2023

Friday, October 27, 2023

Catching up with Keith Rabois on the state of VC, his newest bet, and who he’s backing for president

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Chances are that however busy you are, Keith Rabois is busier. He’s an active investor as a general partner at Founders Fund, the early-stage outfit co-founded 18 years ago by Peter Thiel. He’s also the CEO of OpenStore, the company that he co-founded in 202 to acquire and scale commerce brands on Shopify’s platform. And […]

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Twitch’s CMO says competition from rival platforms is good for creators

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Though attendees grumbled about Las Vegas as a city, the community sentiment at this year’s TwitchCon was notably more optimistic than it was at last year’s convention. TwitchCon 2023 closed out a tense year for the platform, which was punctuated by rounds of layoffs, unpopular policy decisions and the sting of competitors poaching major streamers […]

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‘Stop the AV disaster’: Teamsters local and rideshare drivers join forces

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Two of the biggest groups to oppose robotaxi expansion in California are now formally working together. Teamsters 856, which is tied to one of the longest-standing labor unions in the U.S., and Rideshare Drivers United (RDU), a group that advocates for app-based workers, said on Friday that they’ll work together to push for “responsible guardrails […]

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A group behind Stable Diffusion wants to open source emotion-detecting AI

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In 2019, Amazon upgraded its Alexa assistant with a feature that enabled it to detect when a customer was likely frustrated — and respond with proportionately more sympathy. If a customer asked Alexa to play a song and it queued up the wrong one, for example, and then the customer said “No, Alexa” in an […]

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Tata to start manufacturing iPhones in India

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Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, after the Taiwanese firm Wistron entered a deal with the salt-to-tech conglomerate. Tata Group has acquired Wistron InfoComm Manufacturing (India) Pvt for $125 million, the Taiwanese firm said in a stock exchange […]

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

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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

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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’

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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

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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

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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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