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Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Technology

Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company

Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the head of is delivery business is leaving after almost 13 years. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region […]

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Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Technology

Applied Digital shares rip 40% higher on CoreWeave AI lease agreement

Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]

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Amazon’s pricing controls may be anticompetitive, German regulator warns
World

Amazon’s pricing controls may be anticompetitive, German regulator warns

Packages with the logo of Amazon are transported at a packing station of a redistribution center of Amazon in Horn-Bad Meinberg, western Germany, on Dec. 9, 2024. Ina Fassbender | Afp | Getty Images German antitrust regulators warned Amazon on Monday that the company’s pricing mechanisms for third-party sellers could run afoul of competition laws. […]

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Neuralink competitor Paradromics completes first human implant
Technology

Neuralink competitor Paradromics completes first human implant

Dr. Matthew Willsey working in the operating room. Courtesy of the University of Michigan Neurotech startup Paradromics on Monday announced it has implanted its brain-computer interface in a human for the first time.  The procedure took place May 14 at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy. […]

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Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East
World

Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East

Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded […]

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Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army
Technology

Meta and Anduril defense startup partner on VR, AR project intended for U.S. Army

Palmer Luckey, Founder @ Oculus VR Andutil Industries, during day two of Collision 2019 at Enercare Center in Toronto, Canada. Stephen McCarthy | Sportsfile | Getty Images Meta and Anduril, the defense-tech startup founded by Palmer Luckey, announced Thursday that they’ve formed a partnership to create virtual and augmented reality devices intended for use by […]

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Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
World

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters Amazon‘s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across […]

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Omada Health aims to go public with market cap of up to .1 billion
Technology

Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this […]

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Amazon AI deal with New York Times brings the paper’s content to Alexa
Technology

Amazon AI deal with New York Times brings the paper’s content to Alexa

Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025.  Brendan Mcdermid | Reuters The New York Times on Thursday struck a deal with Amazon allowing it to use the storied news organization’s content across its artificial intelligence platforms. The multi-year deal “will bring Times editorial […]

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Nvidia jumps 5% in premarket trading as results spark global chip rally
Technology

Nvidia jumps 5% in premarket trading as results spark global chip rally

Jensen Huang, co-founder and CEO of Nvidia, during the Computex conference in Taipei, Taiwan, on May 20, 2025. Annabelle Chih | Bloomberg | Getty Images Nvidia shares jumped in premarket trading on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were 5.22% higher at 05:06 […]

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