The responsibilities of AI-first investors
How do investors ensure that the startups in which they invest responsibly apply AI? Ash Fontana Contributor Share on Twitter Ash Fontana, a managing director at Zetta Ventures,.....»»
Two automotive technology-focused venture capital firms raising money for new funds
A venture capital investment downturn in recent months has brought startup valuations back to earth, adding value for investors who commit......»»
Adobe faces big fines from FTC over difficult subscription cancellation
Adobe could face hefty fines related to its overly difficult and costly subscription cancellation practices due to an ongoing Federal Trade Commission Probe.AdobeOn its quarterly financial call, Adobe told investors it has been cooperating with FTC s.....»»
China says Biden plan to shut it out of U.S. battery supply chain violates WTO rules
The plans will make investors in the U.S. EV supply chain ineligible for tax credits should they use more than a trace amount of critical materials from China, or other countries deemed a "Foreign Entity of Concern.".....»»
iPhone assembler Foxconn expects strong sales for the holiday quarter
iPhone assembler Foxconn had already predicted “significant growth” during the holiday quarter, but now says that October and November have been even stronger than expected. The company told investors that its November revenue hit T$650 billio.....»»
Growing pains sting Luminar Technologies amid driver-assist skepticism
Lidar company's success hinges on boosting its production volume amid investors' tapering enthusiasm for driver-assist tools......»»
Toyota reaps $2 billion from Denso sale to fund new technology
Toyota’s planned $2 billion sale of shares in its top supplier Denso cheers investors but also gives the automaker funds to develop an array of next-gen electrification and software tech......»»
New audit rules had little effect on companies, study finds
When new financial auditing regulations went into effect in 2019, there were concerns the rules would affect publicly traded companies and, by extension, investors. A new study finds there was an effect—but it was a small one......»»
Rivian CEO RJ Scaringe adds product oversight to responsibilities
The entirety of Rivian’s product teams — including employees in areas such as software, autonomy and design — will now report directly to Scaringe, according to a regulatory filing......»»
OpenAI is imploding as staff rebel over shock firing of CEO
OpenAI gave investors a single minute's advance warning that it was firing co-founder Sam Altman, and now as it goes through three CEOs in four days, and maybe the board of directors too, Microsoft is snapping up everyone it can.ChatGPTSo AI really i.....»»
OpenAI President Greg Brockman quits as shocked employees hold all-hands meeting
Details emerge in Sam Altman firing, which blindsided Microsoft and investors. Enlarge (credit: OpenAI / Ars Technica) On Friday afternoon, not long after news of CEO Sam Altman's abrupt and surprising departure from Ope.....»»
Geely reduces Volvo stake; will continue to support Swedish automaker
The sale follows complaints from analysts and investors over the company’s small free float, which has put pressure on the stock and fueled high trading volatility......»»
CarGurus touts long-range benefits of full CarOffer ownership
CarGurus' move to take full ownership of wholesale digital marketplace platform CarOffer comes as the sector remains in decline. The company will have to convince investors that its long-range plans for it are on the mark......»»
Opal launches new ‘Tadpole’ camera with 4K quality in an ultra-portable design
Opal, the company founded by former Apple and Beats designers and backed by investors like MKBHD, is out with its newest webcam today. The new $175 Opal Tadpole focuses on combining “ultra-portability” with 4K webcam hardware, designed to be used.....»»
EV battery maker plans $165 million North Carolina plant in 2026
The battery manufacturing operation, backed by Forge Nano and a variety of unnamed investors, plans to make lithium-ion cells for use in defense, aerospace and specialty electric vehicle markets......»»
The unsafe Safeguard Mechanism: How carbon credits could blow up Australia"s main climate policy
A time bomb is ticking inside the Albanese government's climate policy. When it explodes, Australia will fall short of its climate targets and leave a gaggle of investors shirtless......»»
Tidal Cyber raises $5 million to accelerate the growth of its platform
Tidal Cyber raised $5 million, led by Squadra Ventures with participation from existing investors, in seed funding to accelerate the growth of its platform that enables security operations teams to proactively focus on critical threats, and take acti.....»»
GM partnership aims to advance EV motor technology
Niron Magnetics has technology that doesn't use costly rare earth minerals for EV motors. The company has raised $33 million from GM Ventures, Stellantis Ventures and other investors......»»
AAPL Q4 2023: Analysts optimistic, despite warnings and negative signs
Tomorrow will see the announcement of AAPL Q4 2023 earnings, at a time when hardware revenue has been falling, and Apple itself has warned investors to expect big year-on-year drops in iPad and Mac sales. While Apple suggested that the previous qu.....»»
Goldman Sachs: New Macs position Apple well
Apple won't report its latest financial results until Thursday evening, but investment firm Goldman Sachs offered investors a first take following the conclusion of the Scary Fast event.Apple's latest Mac announcements pleased investors"In our view,.....»»
GM, Ford shares are so cheap they’re worth buying, analyst says
Labor strikes and other auto industry challenges have made shares of General Motors Co. and Ford Motor Co. “historically cheap,” creating a buying opportunity for investors, according to Barclays......»»