Technology
Amazon cashierless tech competitor Grabango shutters after failing to secure funding
Grabango’s mobile app Grabango Grabango, a venture-backed startup that was vying to take on Amazon in cashierless checkout technology, is shutting down after it was unable to raise enough money to stay afloat. “Although the company established itself as a leader in checkout-free technology, it was not able to secure the funding it needed to […]
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Amazon tests adding robot warehouses to Whole Foods so shoppers can pick up other orders at checkout
An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on October 7, 2020. David Paul Morris/Bloomberg via Getty Images Amazon said Wednesday it’s testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more […]
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Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta, […]
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AI startup Writer, currently fundraising at a $1.9 billion valuation, launches new model to compete with OpenAI
CEO of writer.com May Habib attends the Harper’s Bazaar At Work Summit, in partnership with Porsche and One&Only One Za’abeel, at Raffles London at The OWO on November 21, 2023 in London, England. Dave Benett | Getty Images San Francisco-based AI startup Writer debuted a large artificial intelligence model on Wednesday to compete with enterprise […]
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Amazon same-day prescription delivery expanding to nearly half of U.S. in 2025
The Amazon Pharmacy home screen is seen on a smartphone, Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Amazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday, marking the latest phase of its push into health care. As part of the expansion, which will make […]
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TikTok’s use of casino-like virtual currency to allegedly exploit children faces scrutiny in DC lawsuit
A view shows the office of TikTok after the U.S. House of Representatives overwhelmingly passed a bill that would give TikTok’s Chinese owner ByteDance about six months to divest the U.S. assets of the short-video app or face a ban, in Culver City, California, March 13, 2024. Mike Blake | Reuters Of the many allegations […]
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DOJ indicates it’s considering Google breakup following monopoly ruling
U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The […]
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Brazil lifts ban on X after Elon Musk complies with court orders
The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system. Cris Faga | Nurphoto | Getty Images Elon Musk’s X is getting back up and running in Brazil after […]
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How one startup is making cleaner asphalt by decarbonizing natural gas
Companies like Monolith and Seattle-based startup Modern Hydrogen are using new technologies to create a cleaner hydrogen that’s also creating a useful byproduct — solid carbon that can be used to make petroleum-free asphalt materials. “Modern Hydrogen produces clean hydrogen without renewable power. We can do this because we split apart natural gas into clean […]
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American Water, largest water utility, hit by cyberattack at time of rising threats against U.S. water supply
Picture Alliance | Picture Alliance | Getty Images American Water, the largest water utility in the U.S., disclosed that it had been hit by a cyberattack. The Camden, New Jersey-based company said in a security statement on its website that it had learned of “unauthorized activity in our computer networks and systems” last Thursday, which […]
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