Tag: Startup

Apple customers eligible for payouts from the tech giant’s settlement of a 2018 class action lawsuit have started receiving their money, according to an attorney for the plaintiffs and social media posts from recipients. The distributions are expected to conclude by late January. Apple is paying this settlement for actions affecting the performance of older…

Instagram has cut 60 technical program manager positions, eliminating a layer of management at the company, according to a new report from The Information. The impacted employees have two months to apply for other jobs at the company. After the two-month period, their employment will be terminated if they are unable to secure a different…

Tech in cars from automakers like Tesla pose stalking, domestic abuse concerns…

More than 100 companies are getting ready to list on Nasdaq after filing confidentially with the SEC, Nasdaq’s CEO Adena Friedman told investing publication Barron’s. Barron’s called Friedman’s comment “startling,” and we have to agree with that description. If that does come to happen, the IPO drought that the tech industry has suffered through for…

A slew of consumer tech and companies focused on consumer packaged goods (CPG) have gobbled up venture capital in the past year. Keychain, Harmonya, Highlight, Ramani, SupplyPike, Vividly and Turing Labs, just to name a few, captured investor attention for their technologies. Companies weren’t the only ones getting funding. Investor firms focused on consumer and…

It is not common for airplanes to lose a door midair and yet land safely. That’s what happened to Alaska Airlines 1282, which landed in Portland, Oregon. But wonders never cease. In a viral post, X user Seanathan Bates documented how he had found an iPhone on the side of the road that came from…

Generative AI gets a lot of press, from image-generating tools like Midjourney to Runway to OpenAI’s ChatGPT. But businesses aren’t convinced of the tech’s potential to positively affect their bottom lines; at least that’s what surveys (and my colleague Ron Miller’s reporting) suggest. In a Boston Consulting Group (BCG) poll this month of over 1,400…

The EV firm led by anti-union Elon Musk is adjusting to the union’s status quo…

Just how backed up are the venture capital markets today? Imagine a traffic jam in which every car is worth a billion dollars of illiquid capital. Now imagine that there are 1,000 cars in that traffic jam. Finally, realize that the 1,000 billion-dollar cars in front of you are only part of the issue. That’s…

Google is set to build a new subsea cable connecting Chile with Australia, via French Polynesia — the first such cable to directly connect South America with Asia-Pacific. Dubbed “Humboldt,” after German polymath and explorer Alexander von Humboldt, the new cable is the latest in more than a dozen similar subsea cables that Google has…