Wednesday, November 6, 2024

iRobot lays off another 105 employees

Roomba maker iRobot is laying off 105 employees — about 16% of the company’s workforce, — according a U.S. Securities and Exchange Commission filing. The company says the cuts are part of an “operational restructuring plan.” Since the start of 2024, the company has reduced its global workforce by approximately 50%. The latest cuts come […]

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Apple iOS 18.2 public beta arrives with new AI features, but some remain waitlisted

Apple has released the AI-powered version of its latest mobile operating system, iOS 18.2, to its public beta users. The update includes new features like an AI emoji generator app called Genmoji, an Image Playground AI image app, ChatGPT integration with Siri, and visual search using the iPhone 16 cameras, among other things. Previously, these […]

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The FTC comes after neobank Dave for misleading marketing, hidden fees

The Federal Trade Commission (FTC) announced on Tuesday it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted their […]

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Tuesday, November 5, 2024

Research Grid raises $6.4M to automate clinical trial admin

Amber Hill spent 14 years as a medical researcher. She didn’t mind the work, but there was one thing she consistently hated: administrative tasks.  “I think most people do, especially in research,” she told TechCrunch. She would rather be analyzing data or building relationships with patients, she said. “But I was spending so much time […]

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Apple warns investors its new products might never be as profitable as the iPhone

Apple is warning investors that its new and future products might never be as profitable as the iPhone. The disclosure comes as the company is pursuing newer technologies like artificial intelligence and mixed reality headsets. Apple added the warning in its latest annual report under the “business risks” section, as first reported by the Financial […]

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Nvidia just became the world’s largest company amid AI boom

Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. As Bloomberg notes, the chipmaker has experienced an astronomical 850% growth since the tail end of 2022. Nvidia was valued at $3.43 trillion at the close of market, topping Apple’s $3.38 trillion. This isn’t […]

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Canoo’s CFO and top lawyer are the latest executives to leave

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans. CFO Greg Ethridge and general counsel Hector Ruiz both resigned from Canoo on October 31, the company announced Tuesday […]

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Google ‘fixes’ issues with voting search results that weren’t actually broken

Google says it has addressed an issue with its search engine that saw it displaying a “where to vote” panel, which includes a map of polling places, for some specific voting-related searches but not for others. The tech giant even used the word “fixed” to respond to the matter, despite the fact that Google Search […]

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X reinstates SwapYourVote’s account after suspending it as spam

In the final days leading up to the U.S. presidential election, Elon Musk’s X suspended the official account of a progressive-donor-backed ballot initiative called SwapYourVote. The volunteer-run website tries to get third-party voters in swing states to cast their ballots for Kamala Harris, matching them with Democrats in solidly blue states who agree to vote […]

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Monday, November 4, 2024

Meta’s former hardware lead for Orion is joining OpenAI

Meta’s former head of augmented reality hardware announced on Monday she is joining OpenAI to lead robotics and consumer hardware, according to a post on LinkedIn. OpenAI confirmed to TechCrunch that Caitlin Kalinowski will be joining the startup. Kalinowski is a hardware executive who began leading the development of Meta’s augmented reality hardware team in […]

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Coatue is raising $1B for AI bets

Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday. The funding, which will top up the firm’s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and […]

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Datadog challenger Dash0 aims to dash observability bill shock

The end of zero-interest rates has driven companies to look for savings wherever they can, but one area continues to be a major budget drain. Observability — collecting and understanding data and systems — typically remains an organization’s second-highest cloud expenditure, right after cloud provisioning itself. People have even gone so far as to talk […]

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