Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss — Ride-hailing leader predicts continuing growth for current quarter — Continued demand for Uber Technologies ' ride-share …
The Writers Guild of America calls for a strike after negotiations with Netflix, Apple, Amazon, and others over pay and AI issues failed; around 12K may strike — The entertainment industry is in the throes of a labor dispute and more than a few of the sticking points involve recent technological changes.
Bolt co-founder Ryan Breslow launches Love.com, a marketplace with 600+ health supplements that raised $15M+; Breslow famously attacked Stripe's founders — Wellness startup Love, the latest company co-founded by Silicon Valley's favorite provocateur Ryan Breslow, is open for business.
A profile and interview of Geoffrey Hinton, who laid the foundations for LLMs via backpropagation, worked with OpenAI co-founder Ilya Sutskever, and more — “I have suddenly switched my views on whether these things are going to be more intelligent than us.”
As labor contract negotiations heat up in Hollywood, unions representing screenwriters and actors seek to regulate the use of AI-produced material — As labor contract negotiations heat up in Hollywood, unions representing writers and actors seek limits on artificial intelligence.
Carmakers and IP experts raise concerns over the rising dominance of Chinese companies like Huawei when it comes to 4G, 5G, and Wi-Fi standard essential patents — Led by Huawei, Chinese groups are filing patents around the tech that enables products to access the internet
An interview with Google Cloud CEO Thomas Kurian about the unit finally turning a profit in Q1 2023, in part by making its data center operations more efficient — - Google said this week that its cloud unit finally turned profitable in the first quarter. — Since ex-Oracle exec Thomas …
Sources describe how Meta's managers built “legions of kingdoms” as headcount doubled and declining morale, confidence in Zuckerberg's leadership after layoffs — Roiled by waves of layoffs and a costly investment in the metaverse, many insiders say the Facebook founder has lost his vision — and the trust of his workforce
Sources: Apple will reintroduce widgets in watchOS 10 as a central part of Watch UI, a combination of old Glances and the style of widgets launched in iOS 14 — Apple is set to give its smartwatch a big software overhaul with watchOS 10, once again making widgets a core part of the device.
Some US hospitals test if GPT-3 can cut the time staff spend replying to online queries; a study claims the first ChatGPT version replied better than doctors — Pilot program aims to see if AI will cut time that medical staff spend replying to online inquiries
Sources: Arm has filed with regulators confidentially for a US IPO, seeking to raise between $8B and $10B on Nasdaq later this year — SoftBank Group Corp's (9984.T) chip maker Arm Ltd has filed with regulators confidentially for a U.S. stock market listing, people familiar with the matter said on Saturday …
India's Enforcement Directorate searched three premises of edtech giant Byju's and its founder Byju Raveendran as part of an anti-money laundering probe — India's crime-fighting agency searched three premises of edtech giant Byju's and its founder Byju Raveendran, it said Saturday …
Jack Dorsey's Bitcoin Legal Defense Fund is supporting 11 Bitcoin developers in a lawsuit filed by Craig Wright to regain access to ~$5B of BTC he claims to own — It's not just the Bitcoin community who should be concerned — A crypto wallet theft lawsuit brought about by a man who claims …
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
