An Amazon delivery drone is on display at Amazon’s BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Joseph Prezioso | AFP | Getty Images Amazon is shuttering its drone delivery operations in Lockeford, California, one of the earliest U.S. test sites for the decade-long project. The program, called Prime Air, has struggled … Read more
Fotografielink | Istock | Getty Images Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors have poured money into all things related to AI as they hunt for the next big winners. In 2023, a group of major technology players dubbed the Magnificent Seven … Read more
At law school, we learned about “proximate cause,” one of the few valuable concepts you can take from three years of drudgery. It’s about who and what caused the injury and who pays for it. The current stock market lends itself to proximate causes, as in, “We have to find a cause for the pronounced … Read more
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The National Basketball Association’s exclusive media rights negotiating window with current partners Disney and Warner Bros. … Read more
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. David Paul Morris | Bloomberg | Getty Images Beleaguered artificial intelligence startup Stability is laying off employees after the exit of its controversial former CEO Emad Mostaque. Stability, which is behind … Read more
Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle Mars to make humanity multiplanetary. IBX’s Kam Ghaffarian wants to go even further: the stars. “There’s this common denominator of combining altruism, to do something purposeful … Read more
The Cisco logo is on display at the Mobile World Congress in Barcelona, Spain, on February 26, 2024. Charlie Perez | Nurphoto | Getty Images Enterprise technology titan Cisco Systems on Thursday unveiled a new security architecture product aimed at securing data centers, clouds, and other IT environments with the help of AI. Called HyperShield, … Read more
Amazon Web Services Snowmobile Truck CNBC At Amazon’s annual cloud conference in 2016, the company captured the crowd’s attention by driving an 18-wheeler onstage. Andy Jassy, now Amazon’s CEO, called it the Snowmobile, and said the company would be using the truck to help customers speedily transfer data to Amazon Web Services facilities. Less than … Read more
A woman uses a dash cart during her grocery-shopping at a Whole Foods store as Amazon launches smart shopping carts at Whole Foods stores in San Mateo, California, United States on February 25, 2024. The smart shopping cart makes grocery shopping quicker by allowing customers to scan products right into their cart as they shop … Read more
These are the 2024 top companies in India, according to LinkedIn. Deepak Sethi | E+ | Getty Images LinkedIn has released its eighth annual list of top companies to work for in India, and companies that prioritized its employees’ experience and growth dominated this year’s ranking. From mass layoffs to the adoption of generative AI, … Read more
