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Monthly Archives: May 2024
Why Google Employees Aren’t Reacting to US Antitrust Trial
They shrugged off concerns about the company’s fate ahead of closing arguments in the Justice Department’s lawsuit this week.
US Antitrust Cases Against Big Tech, Explained
As the Justice Department’s case against Google nears an end, the federal government has more suits in the pipeline trying to rein in Big Tech.
Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
The company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens.
Inside TC’s Techstars investigation and how AI is accelerating disability tech
The downturn in venture capital funding that the world has seen since the bust of the 2021-era bubble has impacted startups, VC firms, and accelerators alike. One company in the final category, Techstars, has been shaking up its operations for … Continue reading
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Adam Neumann’s Bid to Buy WeWork Failed. Will He Now Try to Compete With It?
WeWork’s controversial former CEO tried to acquire the bankrupt company he left in crisis. After being rebuffed, Adam Neumann will have to pivot to something new.
How Scrappy Cryptominer CoreWeave Transformed Into the Multibillion-Dollar Backbone of the AI Boom
CoreWeave, once a small player in crypto, is now a $19 billion unicorn that provides GPUs to AI developers. Its frenetic culture and rising competition now pose challenges, former employees say.
Give This Rich Dude $1 or The Onion Disappears Forever
Entrepreneur Jeff Lawson’s plan to revive venerable satirical outlet The Onion involves borrowing from the playbook of the founders of WhatsApp.
AI engineers report burnout, rushed rollouts as ‘rat race’ to stay competitive hits tech industry
AI workers across the tech industry told CNBC that the pressure to roll out features and products at breakneck speed has come to define their jobs.
Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing
Apple shares jumped after the company’s earnings report on Thursday even though iPhone sales dropped more than expected.
Don’t rate Tesla’s Full Self Driving too highly, tech investor says: ‘By no means autonomous driving’
A top fund manager focusing on tech says Tesla’s Full Self Driving product lacks qualities that would make it an example of truly “self-driving” technology.