Month: January 2025

If there was any doubt, the generative AI bubble did not burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos, speech, music, and more, reached new heights last year. According to data from financial tracker PitchBook compiled for TechCrunch, generative AI companies
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Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found themselves unable to log
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Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing. Khosrowshahi’s resignation was effective as of Tuesday. Aurora says Khosrowshahi’s decision to leave the board was not
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In a recent interview with Games Industry.biz, Ken Levine disparaged his most famous and popular game, BioShock, as “a very, very long corridor.” He uses this description pejoratively to distinguish the 2007 first-person mystery game from his current project, science fiction FPS Judas, a game he says is being made “very, very differently.” He wants,
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Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition
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A US federal appeals court on Thursday struck down net neutrality regulations that had pit telecommunications companies and internet service providers against the Federal Communications Commission. The ruling comes after the FCC voted last year to restore regulations that would require ISPs, including companies like AT&T, T-Mobile and Verizon, to treat internet traffic equally. Net neutrality
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