Alibaba on Thursday confirmed recent reports of a partnership with Apple that’s set to bring AI features to iPhones sold in China. The deal is an important one for Apple, as iPhone sales have dropped precipitously in the world’s largest smartphone market. The handset experienced an 11% year-over-year drop in China, according to Apple’s most […]
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The $60 billion mega-merger between Honda and Nissan has been called off, in part because of Nissan’s “pride and insufficient alarm about its predicament,” writes Reuters, citing half a dozen sources. The report hints at bad blood on both sides, saying the development also ties to Honda abruptly revising the terms of the merger and […]
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Italian company SIO, which sells to government customers, is behind an Android spyware campaign called Spyrtacus that spoofed popular apps like WhatsApp, per security researchers.
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Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter […]
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Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is also closing. The company said […]
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Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024. Now, a […]
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While large corporations like Google and Meta curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told the Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at Google, […]
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Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the days when the company was still called Twitter and owned by Jack Dorsey, the Wall Street Journal reported citing unnamed sources. The lawsuit took issue with Twitter’s decision to ban Trump after January 6, when Trump’s supporters […]
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A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins. It’s impossible to understand what DeepMind and its ilk are doing […]
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Reddit CEO Steve Huffman said that, over this year, Reddit plans to launch an upgraded search experience that’ll help users navigate the social network, but also answer “subjective, hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit Answers, its feature that allows visitors to ask questions and receive curated summaries of […]
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Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures, options, and swaps, otherwise known […]
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You can now dine out on dishes inspired by Netflix movies and shows at Las Vegas’s newest restaurant. Netflix Bites is open as of this week in the MGM Grand Hotel & Casio, where it will operate for a year. The restaurant offers breakfast, lunch, and dinner options like a Bridgerton-inspired tea service, Stranger Wings, […]
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Right after the end of the AI Action Summit in Paris, Anthropic’s co-founder and CEO Dario Amodei called the event a “missed opportunity.” He added that “greater focus and urgency is needed on several topics given the pace at which the technology is progressing” in the statement released on Tuesday. The AI company held a […]
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President Donald Trump has chosen Jonathan Morrison, an Apple executive, to head the National Highway Traffic Safety Administration, per a Senate filing. The nomination will be reviewed and voted on by the Senate Committee on Commerce, Science and Transportation before being sent for a full Senate vote. If he’s sworn in, Morrison will oversee an […]
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When cloud providers like Microsoft Azure and AWS launched cloud software marketplaces a decade ago, it opened up a new sales channel for software-as-a-service (SaaS) companies to get in front of potential enterprise customers. These marketplaces effectively enabled SaaS companies to bypass the traditional, lengthy sales cycles. But rarely is the seller-side experience a walk […]
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