XP Health grabs $32M to bring employees more affordable vision care

Posted on September 13, 2024 by Techme101

Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where […]
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Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%

Posted on September 12, 2024 by Techme101

Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.

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Intel getting help from Commerce Secretary Raimondo as part of effort to spur U.S. production

Posted on September 12, 2024 by Techme101

Commerce Secretary Gina Raimondo has met with investors recently to tout the benefits of Intel and U.S. chip production.

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Adobe stock slips on soft fourth-quarter revenue guidance

Posted on September 12, 2024 by Techme101

Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.

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Polaris Dawn astronauts perform historic private spacewalk while wearing SpaceX-made suits

Posted on September 12, 2024 by Techme101

A crew of four private astronauts made history in the early hours of Thursday when they opened the hatch of their SpaceX Dragon capsule and conducted the first commercial spacewalk.  The spacewalk, the riskiest part of the five-day Polaris Dawn mission, kicked off at 6:12 a.m. ET when oxygen started flowing into the astronauts’ spacesuits. […]
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OpenAI’s Unveils ‘Strawberry’ Model, Optimized for Complex Coding and Math

Posted on September 12, 2024 by Techme101

OpenAI o1, one of a family of models known as Strawberry, is made to build things instead of to answer questions.

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Shopsense AI lets music fans buy dupes inspired by red-carpet looks at the VMAs

Posted on September 12, 2024 by Techme101

At the MTV Video Music Awards (VMAs) on Wednesday night, new technology allowed fans to shop their favorite artist’s styles as they appeared on the screen. Though the drama from last night’s event focused on Chappel Roan confronting a rude paparazzi and Sabrina Carpenter‘s on-stage kiss with an alien, fans were also raving about the […]
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Keith Rabois says Miami is still a great place for startups, even as a16z leaves

Posted on September 12, 2024 by Techme101

Keith Rabois, managing director of Khosla Ventures, was having dinner with a “very successful CEO” in October 2018 when the CEO asked him a question. How many people does it take to create a whole new Silicon Valley? Is it 10,000? 100,000? Rabois didn’t know, but he decided to accept the challenge and set about […]
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Amazon hikes wages for contract delivery drivers as union pressures grow

Posted on September 12, 2024 by Techme101

Amazon is raising its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour.

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Faraday Future gives CEO and founder raises and bonuses after delivering 13 cars

Posted on September 12, 2024 by Techme101

Faraday Future is doling out big raises and bonuses to its CEO as well its founder, despite having delivered just 13 cars in its 10-year history, and recently laying off or furloughing the majority of its workforce. The company announced in a regulatory filing Wednesday that CEO Matthias Aydt’s salary is getting bumped from $400,000 […]
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