Grabango’s mobile app Grabango Grabango, a venture-backed startup that was vying to take on Amazon in cashierless checkout technology, is shutting down after it was unable to raise enough money to stay afloat. “Although the company established itself as a leader in checkout-free technology, it was not able to secure the funding it needed to
Technology
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings
U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The
In this article AWK Follow your favorite stocksCREATE FREE ACCOUNT Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S.
In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the computer server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the
Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens | Nurphoto via Getty Images Tensions are escalating between banking and payment companies and social media firms in the U.K. over who should be liable for compensating people if they
Real estate agent and reality television star Ryan Serhant. Newspix Real estate has been historically slow to modernize, but AI is changing that. The integration of artificial intelligence is transforming how buyers and sellers interact with agents, fundamentally altering competitive dynamics in the industry. With AI reshaping daily operations of a real estate agent’s business
In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can
Automattic founder, Matt Mullenweg Source: Automattic Matt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. He’s never had such an insane two weeks. WordPress, best known as a leading content management system, has hundreds of millions of sites currently using its templates, tools and plugins. But
Ben Horowitz (right), Andreessen Horowitz partner talks about artificial intelligence and jobs at the TANIUM CONVERGE16 conference San Francisco. Harriet Taylor | CNBC Less than three months after announcing plans to contribute to political action committees supporting Donald Trump’s presidential campaign, venture capitalist Ben Horowitz says he’s donating to Vice President Kamala Harris‘ election bid, CNBC
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A view of Apple’s new iPhone 16 at an Apple Store on the Regent Street in London, United Kingdom on September 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person. Zuckerberg’s net worth reached $206.2
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images The price of the XRP token tumbled Thursday, a day after the Securities and Exchange Commission filed to appeal a
In this article GOOGL TSLA Follow your favorite stocksCREATE FREE ACCOUNT For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A worker unloads a new Tesla Model 3 from a truck at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell about
In this article BTC.CM= ETH.CM= Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Cryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months. The flagship crypto was last off by nearly 4% at $60,972.62,
Tesla Chief Executive, Elon Musk enters the lobby of Trump Tower in Manhattan, New York, U.S., January 6, 2017. Shannon Stapleton | Reuters Tesla is set to report third-quarter vehicle production and delivery numbers on Wednesday. Analysts are expecting Elon Musk‘s automaker to report about 463,310 deliveries, according to estimates compiled by FactSet StreetAccount. That
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade under the ticker symbol “CBRS” on the
An illuminated Google logo is seen inside an office building in Zurich, Switzerland. Arnd Wiegmann | Reuters Google announced Monday it’s investing 36 billion Thai baht ($1 billion) into Thailand for the creation of a new data center and expansion of the country’s cloud infrastructure. The move marks a ramp-up of Google’s expansion in Asia,
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