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Shadowfax stumbled in its initial public offering, with shares falling as investors complained about the company’s heavy reliance on a few large e-commerce customers. The company raised about ₹ 19.07 billion (about $208.24 million) in its initial public offering. Shares…
Amazon has reached a settlement worth more than $1 billion to settle claims that it failed to reimburse customers for their returns. The settlement includes more than $600 million in cash that has already been distributed or will be refunded…
ByteDance, the Chinese TikTok company, recently established a separate American organization to run the program’s operations in the US. This repair requires separation US TikTok from its Chinese parentage, addressing concerns about data privacy and foreign control. The move came…
By Rotation, one of the UK’s most popular fashion rental platforms, announced on Wednesday a partnership with ride-sharing app Uber. From now until May 31, By Rotation UK users can rent clothes from their neighbors and deliver them via Uber…
The latest AI frenzy has brought us an unexpected mascot: the lobster. Clutchan AI agent, he became infected a few weeks after his installation and would keep his crustacean head even if he had to. changing its name to Moltbot…
Anthropic has increased the amount of VC funding it is seeking to raise, FT reports, increasing the target from $10 billion to $20 billion. The round, which is expected to close soon, will value the company at $350 billion, sources…
Palmer Luckey’s eyes light up, and he talks a mile away, when discussing his company’s newest recruiting event: the AI Grand Prix. This is a drone flying competition with a twist. Instead of using human drones, drones should work independently.…
Social network Bluesky is laughing its strategy for the year ahead, emphasizing things like improving the algorithmic Discover app feed, giving users better ideas of who to follow, making the app more intuitive, and more. At the same time, the…
TikTok stability High court on Monday evening, which claims that social media companies deliberately make their products addictive, which harms users. Picture settled the case last week, but Meta and YouTube – the other defendants – are now on trial,…
Monday night Part of NBC NewsAnthropic CEO Dario Amodei expressed concern about “some of the things we’ve seen in the last few days,” referring to violence by Border Patrol agents in Minneapolis. Amodei focused on the importance of preserving democracy…
