Skip to main content

Posts

Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its OpenAI stake, in a company Amazon now owns close to 5% of. Joshua Kushner’s Thrive Capital has bought roughly $215mn of […] This story continues at The Next Web https://ift.tt/ts4qzaw Read full article: The Next Web
Post a Comment
Read more

Uber is working on letting 10-year-olds ride alone

Code in the latest Uber iOS app refers to adding a tween aged 10 to 12 to an Uber Family profile, with a trusted adult contact and the option to require a grown-up at pickup. Uber says it is not a live product and that its only teen offering remains 13 to 17. Uber is […] This story continues at The Next Web https://ift.tt/dBbaFYD Read full article: The Next Web
Post a Comment
Read more

SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares

The US Securities and Exchange Commission has settled fraud charges against private-fund adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, in a case that reads like a cautionary tale about the frenzy for pre-IPO shares in marquee names. The regulator alleges that between April 2019 and December 2024 the […] This story continues at The Next Web https://ift.tt/eqK07ag Read full article: The Next Web
Post a Comment
Read more

Everyone hated Friend’s AI necklace, so it came back at double the price

The AI necklace that a chunk of New York wanted gone is back, and this time it talks. Friend, the pendant that listens to your day and pipes up with commentary, has re-launched with a speaker so it can reply out loud. It also costs twice as much. The original Friend messaged you like a […] This story continues at The Next Web https://ift.tt/eBci1bC Read full article: The Next Web
Post a Comment
Read more

Coforge says AI is expanding its margins. Its rivals call it ‘AI deflation’

Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an industry bracing to shrink. HCL Technologies has warned of “AI deflation”. […] This story continues at The Next Web https://ift.tt/K2LPFyl Read full article: The Next Web
Post a Comment
Read more

What's new?