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Category Archives: Tech
New York Mayor keeps hope for Bronx casino alive in latest intervention
New York Mayor Eric Adams vetoed a City Council decision, keeping the hope for a Bally’s casino in the Bronx alive. On Tuesday, July 29, Mayor Eric Adams vetoed the City Council’s decision to deny land use changes needed for … Continue reading
DraftKings and MLB union “close” to deal on player likeness suit
It appears a resolution is on the horizon for the ongoing legal fight between the Major League Baseball union groups and DraftKings. The issue stems from DraftKings using the likenesses and images of MLB players without permission in its app. … Continue reading
Tesla Autopilot plaintiffs seek $345 million in damages over fatal crash in Florida
Jury deliberations have begun in a Tesla trial concerning a fatal Autopilot crash from 2019.
Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
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Facing questions on AI strategy, Tim Cook says Apple is ‘very open’ to acquisitions
“The way that we look at AI is that it’s one of the most profound technologies of our lifetime” Cook said. “It will affect all devices in a significant way.”
Amazon CEO wants to put ads in your Alexa+ conversations
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.
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Apple projects tariff costs will hit $1.1B next quarter
That’s an uptick from the $800 million hit last quarter.
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Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma’s debut is returning billions.
Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
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Apple has now sold 3 billion iPhones
The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.