Tuesday, July 4, 2023

Yahoo CEO Jim Lanzone says the company is profitable as a private firm and plans a future IPO; Lanzone joined after Yahoo's September 2021 spinout from Verizon (Daniel Thomas/Financial Times)

Daniel Thomas / Financial Times:
Yahoo CEO Jim Lanzone says the company is profitable as a private firm and plans a future IPO; Lanzone joined after Yahoo's September 2021 spinout from Verizon  —  Yahoo, one of the internet's oldest and best-known brands that had once been a dotcom stock market darling, is planning to return to the public markets.



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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...