Uber has completely divested from Serve Robotics by selling its entire stake in the autonomous sidewalk delivery robot company. The exit, revealed through regulatory filings, reportedly caught Serve by surprise, even though both firms had been gradually drifting apart over the past year due to strategic disagreements. The partnership originated from Uber’s 2020 acquisition of […]
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Despite recent portfolio sell-offs and heavy losses from the downturn in AI infrastructure stocks, the AI-focused hedge fund Situational Awareness has injected $400 million into semiconductor startup Source Foundry. Founded by Stanford researchers, Source Foundry aims to streamline the semiconductor manufacturing process to make chip production faster and more cost-effective, positioning itself as a key […]
Continue ReadingConfirmed by 2 independent sources. The social media platform X has announced the phased discontinuation of its controversial revenue-sharing program for creators, citing misaligned incentives and widespread exploitation by clickbait accounts. Starting September 8, the company will introduce the new ‘Original Content Rewards’ system, designed from the ground up to prioritize authentic, value-driven material over […]
Continue ReadingAmazon is moving forward with plans for a massive data center campus in Pecos County, Texas, which could become the single largest source of climate pollution in the United States. Reports reveal that the facility will rely on a dedicated on-site natural gas power plant, permitted to release up to 33 million tons of carbon […]
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Canadian citizen Connor Moucka has pleaded guilty in a U.S. court for orchestrating a massive cyberattack campaign that compromised more than 165 corporate customers of cloud provider Snowflake. The high-profile breaches led to the theft of billions of records from major organizations including AT&T and Ticketmaster. According to the U.S. Department of Justice, Moucka and […]
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Venture capital firms are increasingly partnering with social media creators to build trust and source deals with the next generation of founders. Following similar moves by a16z and OpenAI, Lightspeed Venture Partners recently hired seed investor and influencer Claire Zau to help drive its new media initiatives. This growing trend highlights how traditional investment firms […]
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Nikita Bier has officially stepped down from his role as head of product at X, Elon Musk’s social media platform, after serving for just over a year. The serial entrepreneur and venture partner, who took charge in July 2025, announced that he is ready to step back and return to posting, though he will remain […]
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A new artificial intelligence application called Wrinkles aims to transform how people explore their surroundings and travel. Available on both iOS and Android, the app acts as an automated audio tour guide, revealing hidden histories and local lore about nearby streets and buildings so users can engage with the world without constantly staring at their […]
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Numerous WhatsApp users worldwide experienced sudden account suspensions as their profiles were mistakenly placed “under review” by Meta. The unexpected disruption left thousands unable to access the messaging platform, prompting widespread reports across social media. Meta acknowledged the issue, explaining that automated safety systems occasionally misinterpret legitimate activity while attempting to combat service abuse. The […]
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The autonomous vehicle and robotaxi industry is navigating a complex landscape of conflicting regulatory pressures, as federal authorities seek to accelerate deployment while local officials demand stricter oversight. The National Highway Traffic Safety Administration (NHTSA) granted Zoox a temporary exemption from federal safety standards, finally enabling the company to launch commercial passenger rides in Las […]
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