Over the years, numerous startups have gained traction by designing, making, and selling standing desks as part of a workspace innovation trend to promote better health, and a lot of executives swear by them, including Apple CEO Tim Cook, who once called sitting “the new cancer.” But per the Washington Post, a new study of […]
Standing desks don’t do squat, per new study Read More »
Roughly 19 months after the fatal stabbing of tech exec Bob Lee in San Francisco attracted the nation’s attention, the trial of the man accused of killing him, tech entrepreneur and consultant Nima Momeni, will soon enter its next phrase. It should be riveting, if the prosecution’s newly wrapped case against Momeni is any indication.
Murder trial for tech exec Bob Lee enters next phase Read More »
Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company
Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining Read More »
The CEO of Canadian cryptocurrency firm WonderFi was kidnapped and held for ransom on Wednesday, according to CBC. Dean Skurka was reportedly shoved into a vehicle in downtown Toronto during rush hour, only to be released uninjured after electronically sending $1 million (presumably CAD) to his captors. The WonderFi CEO is the latest crypto celebrity
Crypto CEO kidnapped in Toronto, released after paying $1M ransom Read More »
Amazon is considering increasing its investment in OpenAI rival Anthropic. According to The Information, Amazon is in talks to invest multiple billions in Anthropic, its first financial pledge in the company since a $4 billion deal struck last year. The new investment is structured similar to the last one — but with a twist. Amazon
Amazon may up its investment in Anthropic — on one condition Read More »
AI wants to help us drive better, write better, and diagnose diseases faster. Now imagine AI helping you be a better parent. Andreessen Horowitz partner Justine Moore introduced a new investment thesis for the firm on X on Thursday, endorsing “a new wave of ‘parenting co-pilots’ built with LLMs and agents.” She pointed to companies
AI-powered parenting is here and a16z is ready to back it Read More »
Australian Prime Minister Anthony Albanese on Wednesday announced plans in the country to ban social media for children under 16, saying that “social media is doing harm to our kids, and I’m calling time on it.” The proposed legislation will enter parliament this year, taking effect a year after lawmakers ratify it, said Albanese, adding
Australia looks to ban social media for kids under age 16 Read More »
Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race. Talking with
‘Prediction markets’ set to pay out $450M to election bettors Read More »
Roomba maker iRobot is laying off 105 employees — about 16% of the company’s workforce, per an SEC filing — saying the cuts are part of an “operational restructuring plan.” The move comes after iRobot slashed roughly 350 jobs — about 31% of its workforce — earlier this year. Those cuts were made after plans
iRobot lays off another 105 employees Read More »
The European Union’s flagship market contestability regulation has been in force on a handful of tech giants for months. Since March, the bloc has had open investigations on several gatekeepers. But it’s Apple that will face the first Digital Markets Act (DMA) fine, Bloomberg reports, citing people familiar with the case. Apple’s App Store rules
Apple to be fined for breaching EU’s Digital Markets Act, Bloomberg reports Read More »
