Rivian will reveal the R2 on March 7. The company confirmed on Monday in a post on X (Twitter) that customers should “get ready to meet R2 on March 7th.” Rivian CEO RJ Scaringe previously said the next-generation platform would be smaller and cheaper than […]
Month: February 2024
Snapchat’s parent lays off 10% of workforce in order to ‘reduce hierarchy,’ says company
Snapchat maker Snap is the latest tech company to conduct layoffs with its newly announced plans for a 10% workforce reduction, the company said on Monday. The layoffs would impact roughly 500-plus employees, based on headcount figures Snap released in November 2023, when it saw […]
Happy Valentine’s Day, space fans: Intuitive Machines, SpaceX target moon mission lift off on Feb 14
Intuitive Machines is ready to go to the moon. The company announced Monday that its first lunar lander has completed all final integration milestones and is now encapsulated in SpaceX’s Falcon 9 payload fairing, where it will stay until launch on February 14. The mission […]
YouTube reportedly has an Apple Vision Pro app on its roadmap
Google reportedly plans to develop a YouTube app for the Apple Vision Pro. The Verge says a YouTube spokesperson confirmed the company’s plans to make a native Vision Pro app, while it optimizes YouTube for Safari as a stopgap. The U-turn comes after developer Christian […]
Dexory’s massive shelf-scanning robot comes to North America
I’ve spent a good bit of time talking about inventory on these pages. I’m always happy to spend a couple of paragraphs discussing far and away my least favorite part of working retail. The job is, in essence, data collection. As such, it’s a prime […]
Thoma Bravo takes critical event management software company Everbridge private in $1.5B deal
Everbridge, a critical event management (CEM) software company, is going private in a $1.5 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo. Founded in 2002 initially as 3N Global, Everbridge helps governments and enterprises from across the industrial […]
Apple’s new AI research promises high performance without the high price tag
Apple’s latest breakthrough in AI research is revolutionizing the industry by offering high-performance language models that are both cost-effective and accessible for businesses of all sizes.
Samsung chair acquitted in Korean stock manipulation case
Samsung chairman Jay Y. Lee’s legal troubles may be in the rearview mirror as a Korean court acquitted him of stock manipulation and accounting fraud charges over a 2015 merger, The Financial Times has reported. The ruling allows Lee to continue leading Samsung, which saw […]
Samsung chief Jay Y. Lee acquitted in 2015 merger case
Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a South Korean Court ruled on Monday. In the November hearing, prosecutors had called […]
How VCs can assess and attract winners in a landscape that’s now crowded with AI startups
Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product manager in its earlier days — was born in Turkey and talks often of […]