Robot startup Figure valued at $2.6 billion by Bezos, Amazon, Nvidia

Robot startup Figure valued at .6 billion by Bezos, Amazon, Nvidia

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company said Thursday that it raised $675 million at a $2.6 billion … Read more

Disney’s Reliance merger is a streaming wars win

Disney’s Reliance merger is a streaming wars win

Disney+ Hotstar logo is seen on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Walt Disney and Indian conglomerate Reliance‘s media merger will give back highly valuable cricket streaming rights to the U.S. firm in a country absolutely … Read more

Snowflake says Frank Slootman is retiring as CEO; stock plunges 20%

Snowflake says Frank Slootman is retiring as CEO; stock plunges 20%

Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Snowflake said Wednesday that CEO Frank Slootman is retiring, and will be replaced by Google ad chief Sridhar Ramaswamy. The shares plunged 20% in extended trading. Ramaswamy spent 15 years at Google, most recently leading Ads and Commerce until … Read more

Top Amazon aggregator Thrasio files for bankruptcy

Top Amazon aggregator Thrasio files for bankruptcy

Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Katie Schoolov Thrasio, an early leader in aggregating Amazon sellers, filed for Chapter 11 bankruptcy protection in a New Jersey court Wednesday. The company said … Read more

Google CEO tells employees Gemini AI blunder ‘unacceptable’

Google CEO tells employees Gemini AI blunder ‘unacceptable’

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images In a memo Tuesday evening, Google CEO Sundar Pichai addressed the company’s artificial intelligence mistakes, which led to Google taking … Read more

Biden executive order aims to protect Americans’ sensitive data from China, Russia

Biden executive order aims to protect Americans’ sensitive data from China, Russia

U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images U.S. President Joe Biden … Read more

350 employees, or about 37% of workforce

350 employees, or about 37% of workforce

The Bumble app is displayed on a smartphone in New York on Nov. 6, 2023. Gabby Jones | Bloomberg | Getty Images Bumble on Tuesday announced plans to lay off about 350 employees, or about 37% of its workforce, as part of a restructuring plan. The company said the layoffs will help drive stronger operating … Read more

Hims & Hers (HIMS) Q4 earnings report

Hims & Hers (HIMS) Q4 earnings report

The New York Stock Exchange with a Hims & Hers Health, Inc banner is pictured as a person runs past in the Manhattan borough of New York City, New York, January 21, 2021. Carlo Allegri | Reuters Hims & Hers Health, the online provider of treatments for erectile dysfunction and hair loss, had its best … Read more

UnitedHealth’s Change Healthcare cyberattack outages continue, pharmacies deploy workarounds

UnitedHealth’s Change Healthcare cyberattack outages continue, pharmacies deploy workarounds

Change Healthcare’s systems are down for the seventh day after a cyber threat actor gained access to its network last week. Parent company UnitedHealth Group said most U.S. pharmacies have set up electronic workarounds to mitigate the impact. UnitedHealth discovered that a “suspected nation-state-associated” threat actor breached part of Change Healthcare’s information technology network on … Read more

EToro wants trading app on Apple Vision Pro, Meta Quest VR headsets

EToro wants trading app on Apple Vision Pro, Meta Quest VR headsets

An Apple Vision Pro mixed reality (XR) headset is seen at Apple store in New York, United States on Feb. 3, 2024. Fatih Aktas | Anadolu | Getty Images Online brokerage firm eToro is exploring ways to bring its retail trading app to augmented and virtual reality headsets from Apple and Meta, the company’s CEO … Read more