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Monthly Archives: August 2024
Reddit to test AI-powered search result pages
Reddit users will soon see AI-generated summaries at the top of search results. Reddit CFO Drew Vollero told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” … Continue reading
Elon Musk’s support for Trump pushes a corporate customer away from Tesla
Rossmann announced Tuesday it will no longer buy Teslas for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political activism.
Super Micro announces 10 for 1 stock split
Super Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.
Reddit reports better-than-expected results for second quarter as digital ad market improves
Reddit reported better-than-expected results in the second quarter, boosted by data-licensing revenue.
Rivian lost $1.46 billion in Q2 as it drives towards a VW-linked future
Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost efficient versions — a sign of just how much the company could use the $5 … Continue reading
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Google Assistant lives to automate another day
With new Pixel devices just over the horizon, Assistant’s days on Android may still be numbered. For the time being, however, it still has a place on the home. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon upgrades its AI image generator
Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply called Titan Image Generator v2, the new model brings with it several new capabilities, AWS principal … Continue reading
Google Breaks Antitrust Law with Search, Federal Court Rules
Judge Amit Mehta ruled Google’s “default distribution” of its search engine contributed to advertising revenue and illegally suppressed competition.
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X is getting closer to launching its payment service
X (formerly Twitter) appears to be making progress on its upcoming payments system, bringing it closer to Elon Musk’s vision of turning X into an “everything app.” According to a recent finding by app researcher Nima Owji, the company is … Continue reading
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