OpenAI Backs Down on Restructuring Amid Pushback

Posted on May 5, 2025 by Techme101

The startup behind ChatGPT is going to remain in nonprofit control, but it still needs regulatory approval.

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Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Posted on May 5, 2025 by Techme101
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Hims & Hers gives weak outlook but says more collaborations are coming

Posted on May 5, 2025 by Techme101

Hims & Hers shares fell in extended trading on Monday after the company reported first-quarter earnings that offered soft guidance.

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FTC bans hidden fees for live events and short-term rentals, effective May 12

Posted on May 5, 2025 by Techme101

The U.S. Federal Trade Commission (FTC) on Monday released new documentation detailing its new “Rule on Unfair or Deceptive Fees.” The rule, set to take effect on May 12, prohibits hidden fees for live events, hotels, and short-term rentals. It also bans practices such as “bait-and-switch pricing” and any actions that conceal or misrepresent total prices […]

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People struggle to get useful health advice from chatbots, study finds

Posted on May 5, 2025 by Techme101

With long waiting lists and rising costs in overburdened healthcare systems, many people are turning to AI-powered chatbots like ChatGPT for medical self-diagnosis. About 1 in 6 American adults already use chatbots for health advice at least monthly, according to one recent survey. But placing too much trust in chatbots’ outputs can be risky, in […]

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From the New Testament to Nixon: Takeaways from Palantir CEO Alex Karp’s shareholder letter

Posted on May 5, 2025 by Techme101

Palantir CEO Alex Karp offered up another batch of colorful commentary to investors as the company posted another strong quarter.

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Palantir lifts full-year guidance as CEO Karp cites ‘tectonic shift’ in AI adoption

Posted on May 5, 2025 by Techme101

Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.

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Waymo plans to double robotaxi production at Arizona plant by end of 2026

Posted on May 5, 2025 by Techme101

Waymo and Magna International plan to double robotaxi production at their new plant in Mesa, Arizona, by the end of 2026, the companies announced Monday.

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OpenAI Backtracks on Plans to Drop Nonprofit Control

Posted on May 5, 2025 by Techme101

The company will become a public benefit corporation and the nonprofit that has controlled it will be its largest shareholder.

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YouTube is testing a discounted two-person Premium subscription tier

Posted on May 5, 2025 by Techme101

YouTube is testing a new two-person Premium subscription plan in select countries, the company confirmed to TechCrunch on Monday. The tier is being piloted in India, France, Hong Kong, and Taiwan. The news was first reported by Money Control. “We’re experimenting with new ways to provide greater flexibility and value to our YouTube Premium subscribers, […]

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