Friday, November 15, 2024

Former TuSimple co-founder urges courts to block asset transfer to China

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

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OpenAI’s tumultuous early years revealed in emails from Musk, Altman, and others

A lawsuit by the world’s wealthiest man against one of the fastest growing companies of all time is necessarily interesting stuff. But while the allegations are yet to be proven, the case has already exposed a batch of emails between Elon Musk, Sam Altman, and others during OpenAI’s early days. Here are a few of […]

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GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report

Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Department of Justice (DOJ).  This is one […]

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Angel investor Hannah Bronfman is ready to launch her own fund

Early Thursday morning, excited AfroTech attendees shuffled into a conference room to see one thing: Hannah Bronfman, a noted angel investor who has more than 1 million followers on social media, in conversation with Blavity founder and CEO Morgan DeBaun.  Bronfman is a wellness content creator, an author, and an investor in more than 70 […]

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Thursday, November 14, 2024

Musk’s amended lawsuit against OpenAI names Microsoft as defendent

Musk’s lawsuit against OpenAI accusing the company of abandoning its nonprofit mission was withdrawn in July, only to be revived in August. Now, in an amended complaint, the suit names new defendants including Microsoft, LinkedIn co-founder Reid Hoffman, and former OpenAI board member and Microsoft VP Dee Templeton. The amended filing also adds new plaintiffs: […]

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Bluesky says 1 million people signed up for the platform in last 24 hours

Bluesky said Thursday evening that over 1 million people signed up for the platform in the last 24 hours, making it one of the busiest days for the company. This also meant the social network crossed the mark of 16 million users overall. The platform’s announcement comes hours after Instagram head Adam Mosseri said that […]

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Heroku CEO Bob Wise departs

Bob Wise, the CEO of Heroku, Salesforce’s cloud platform as a service, has left. A Salesforce spokesperson confirmed the news to TechCrunch in a statement via email. “Bob Wise has left Salesforce for his next career move,” the spokesperson said. “We appreciate all that Bob has done for Salesforce and Heroku and we wish him […]

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Tech leaders recommend colleagues for Trump’s cabinet

Some tech investors and executives have been trying to influence the incoming Trump administration to appoint Silicon Valley insiders for cabinet positions, the New York Times reported. Given Elon Musk’s strong relationship with Donald Trump, a significant portion of tech leaders’ persuasion efforts have been directed towards him. Friends of Musk, like Joe Lonsdale, the […]

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FTC reportedly begins investigating Microsoft’s cloud business practices

The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to the Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is […]

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Reliance, Disney complete India media merger valued at $8.5 billion

Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment behemoth that will dominate the country’s streaming and television markets. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s streaming market and roughly half of […]

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PayPal will once again let you pool money from family and friends to pay for things together

PayPal is launching a few features that let users in groups pool money with friends or family, to collectively pay for trips, travels, gifts, and anything else. The company is launching this feature in the U.S., Germany, the U.K., Italy, and Spain ahead of the holiday season. “Re-launching” might be the more appropriate verb here: […]

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Tessl raises $125M at at $500M+ valuation to build AI that writes and maintains code

Many startups and larger tech companies have taken a crack at building artificial intelligence to code software. Now, another new player is coming out of the shadows to throw its hat into the ring, with a mission to fix the many problems that will arise when humans and all those AIs are all writing code […]

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Atlas.co wants its web-based mapping tool to be the Figma of geospatial data

Startup inspiration can strike anywhere. But for Atlas.co*, a freemium browser-based, real-time mapping tool that’s being built by an Oslo, Norway-based team of (initially student) engineers, the realization that there might be a business opportunity in competing with expensive legacy mapping software hit the founders during class. “When we took introduction class to GIS [geographic […]

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