Mark Zuckerberg tried Apple’s Vision Pro headset and his verdict is that the Meta Quest 3 is a better product. Shocking, right? In a video posted on his Instagram account, recorded with Quest 3’s passthrough, the Meta CEO said before trying out the headset he thought that Quest 3 would provide better value to people […]
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Researcher Andrej Karpathy confirmed today that he is leaving OpenAI for the second time to work on personal projects. He said in a post on X that the decision is not because of an event, issue, or drama. Karpathy, who was the founding member of OpenAI, left the company to join Tesla in 2017. He […]
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Foundry Group, an 18-year-old venture firm with nearly $3.5 billion in assets under management, has quietly decided to shut down and not raise any more funds. The move was unexpected considering that the firm announced a $500 million fund last year. Boulder, Colorado-based Foundry first announced that its current fund would be its last on […]
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Intuitive Machines is looking to succeed where past ventures have failed with its inaugural lunar lander mission, which would mark the first time a private company has landed a spacecraft on the moon — ever. The mission is poised to lift off on a SpaceX rocket just at 12:57 AM EST tomorrow from the launch […]
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In November, Airbnb acquired a stealth AI firm launched by Siri’s co-founder, called GamePlanner.AI. The deal valued the secretive startup at around $200 million, according to reports. Though the hosting company didn’t telegraph its plans for GamePlanner at the time, Airbnb co-founder and CEO Brian Chesky today shared a high-level overview of Airbnb’s larger plans […]
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Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a letter to investors that the layoffs will allow the company to streamline how it operates. The company announced the layoffs alongside the release of […]
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Airbnb is slowly killing the cleaning fee as it aims for more transparent pricing. Since early last year, when the company started showing guests all-inclusive pricing when booking a property, almost 300,000 listings have removed or lowered cleaning fees, Airbnb said in its earnings report today. Now, nearly 40% of active listings no longer charge […]
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Software testing is hard. Even with the right talent in place, it doesn’t always go as planned — particularly when executed at scale. In a 2020 survey from Electric Cloud, 58% of developers blamed software bugs on test infrastructure and process issues — not design defects. The market for software testing solutions is quite massive, […]
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What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the […]
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Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. On […]
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FCC Commissioner Brendan Carr said Monday that the agency should investigate Apple over the company’s decision to block the Beeper Mini service, which worked on bringing iMessage to Android. Pebble founder Eric Migicovsky’s Beeper launched a new service called Beeper Mini in December, which claimed to have reverse-engineered the iMessage stack to make it work on […]
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India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s booming digital UPI payments market. The National Payments Corporation of India (NPCI), a special unit of the central bank, wants to cap market share of any player at 30% in the Unified Payments Interface […]
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Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality operator,” with some 3,000 “aparthotels” offered for rent in 17 cities across Europe including Amsterdam, Athens, London, Berlin, Madrid, […]
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