Technology
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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OpenAI announces content deal with Hearst, including content from Cosmopolitan, Esquire and the San Francisco Chronicle
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters OpenAI announced a partnership with Hearst, the media conglomerate behind outlets like the Houston Chronicle, the San Francisco Chronicle, Esquire, Cosmopolitan, Elle and others. Under the partnership, OpenAI’s products, such as ChatGPT […]
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LinkedIn goes deeper into puzzle games with Tango, following success of Queens
A man opens the LinkedIn social network app on his smartphone at the breakfast table in Berlin on July 5, 2024. Alicia Windzio | Picture Alliance | Getty Images Every morning, Emily Ritter spends 15 minutes in bed checking her Instagram, Messages, Slack and Strava apps and playing The New York Times’ Connections and Strands […]
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Amazon’s ex-retail boss Dave Clark launches new startup to solve supply chain ‘Franken-software’
Dave Clark, Amazon‘s former CEO of global consumer, who briefly helmed logistics company Flexport, is returning to the startup world. Clark on Tuesday launched a new venture, called Auger, which aims to help companies and governments combine the mishmash of “Franken-software” overseeing their supply chains into a single platform. “At Flexport, I got to see […]
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Former Humane execs secure $25 million valuation after departing AI hardware startup
Two former executives of Humane, the embattled AI hardware startup, are reemerging with a new artificial intelligence software venture that has raised $4 million at a $25 million valuation. Brooke Hartley Moy and Ken Kocienda, Humane’s former strategic partnerships lead and head of product engineering, respectively, are debuting Infactory, an AI fact-checking search engine. The […]
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Samsung issues lengthy apology after disappointing results — read the full statement
The leading memory chip manufacturer projected that its operating profit for the quarter ending in September will be approximately 9.10 trillion won, missing LSEG expectations. Analysts polled by LSEG expected an operating profit of 11.456 trillion Korean won ($7.7 billion) for the quarter ended Sept. 30. Samsung noted that the performance of its memory division […]
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FTX bankruptcy judge approves more than $14 billion payback plan two years after exchange collapsed
Nearly two years after FTX spiraled into bankruptcy, a Delaware judge approved the company’s reorganization plan, which involves paying out more than $14 billion to customers of the collapsed cryptocurrency exchange. “Looking ahead, we are poised to return 100% of bankruptcy claim amounts plus interest for non-governmental creditors through what will be the largest and most complex bankruptcy estate asset […]
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Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter
Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the computer server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of […]
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Robotaxis are here but the public is reluctant to embrace them
Driverless cars are speeding onto America’s streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. That’s because residents in cities that have yet to […]
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