Monday, September 23, 2024

Rivian reveals first $10M in grants for long-promised Rivian Foundation

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, just three years after promising to make the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that details 41 grantees who will collectively receive just north of $10 million in funding. The […]

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Rabbit’s web-based ‘large action model’ agent arrives on r1 as early as this week

The Rabbit r1 was the must-have gadget of early 2024, but the blush fell off it pretty quick when the company’s expansive promises failed to materialize. CEO Jesse Lyu admits that “on day one, we set our expectations too high” — but that an update coming to its devices this month will finally set their […]

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Sunday, September 22, 2024

SoftBank’s Masayoshi Son has been planning his comeback

A new Financial Times profile of Mayayoshi Son opens with SoftBank CEO seeming to hit bottom, staring at his “ugly” face on Zoom and telling himself, “I have done nothing I can be proud of.” The scene is presented as the prelude to a hoped-for a comeback, with Son largely disappearing from the public eye […]

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Matt Mullenweg calls WP Engine a ‘cancer to WordPress’ and urges community to switch providers

Automattic CEO and WordPress co-creator Matt Mullenweg unleashed a scathing attack on a rival firm this week, calling WP Engine a “cancer to WordPress.” Mullenweg criticized the company — which has been commercializing the open source WordPress project since 2010 — for profiteering without giving much back, while also disabling key features that make WordPress […]

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Synex founder, once detained at the border with a 80-pound magnet, is building portable MRIs to test glucose

Synex Medical just raised $28.1 million to build a portable MRI capable of testing glucose and other important molecules without the need to extract blood.

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Yup, Jony Ive is working on an AI device startup with OpenAI

Jony Ive, the legendary designer who left his full-time role at Apple five years ago, is working on a new startup with OpenAI and its CEO Sam Altman. The collaboration was first reported last year, and Ive confirmed it in a New York Times profile about what he’s been up to since leaving Apple. If […]

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Pedego’s Cargo e-bike: Sporty, stylish and powerful for $4,000

The Pedego’s Cargo e-bike is marketed as a powerful and sporty ride that’s geared towards parents toting kids around town and anyone who needs to schlep heavy gear.  I spent the summer testing out this cargo e-bike to find out if it met that mission. My take: It’s a stylish ride that can hold plenty […]

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Ibotta’s CEO explains why startups shouldn’t try to time the IPO market

The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies […]

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