Topic: company leadership
-
David Grivel Returns to Direct Splinter Cell Remake at Ubisoft
David Grivel has returned to Ubisoft Toronto as game director for the Splinter Cell remake, bringing extensive experience from the franchise and other Ubisoft titles. Several industry veterans have taken on new leadership roles, including Jason Avent at Six Peaks Games and Vince Farquharson as ch...
Read More » -
Can Social Apps Heal Social Media's Damage?
Biz Stone (Twitter) and Evan Sharp (Pinterest) have launched West Co, securing $29 million in seed funding to build an alternative social platform aimed at countering the negative mental health impacts of existing social media. Their first app, Tangle, is in invite-only testing and encourages min...
Read More » -
When an EV Maker Failed, Its Customers Took Over
Cristian Fleming and other Fisker Ocean owners faced major issues like battery failures and software glitches after Fisker declared bankruptcy in 2024, leaving them without official support. Owners formed the Fisker Owners Association (FOA), a nonprofit that acts as a car club and tech startup to...
Read More » -
Waymo Launches Driverless Taxis on Highways in 3 U.S. Cities
Waymo is expanding its autonomous taxi service to include highway routes in Los Angeles, Phoenix, and San Francisco, marking the first commercial robotaxi service to operate without a safety driver on public freeways. This expansion represents a significant engineering achievement in mastering fu...
Read More » -
eBay Acquires Depop From Etsy in $1.2 Billion Deal
eBay is acquiring the fashion resale app Depop from Etsy for $1.2 billion, a strategic move to attract a younger demographic and a reversal of Etsy's 2021 purchase. Depop is a major social commerce platform popular with younger users, reporting about $1 billion in 2025 sales and a community where...
Read More » -
Airbnb to Integrate AI for Smarter Search and Support
Airbnb is strategically integrating AI to transform its platform into an intelligent, conversational assistant for trip planning and property discovery, moving beyond traditional search filters. The company is carefully developing AI-driven features, including personalized search and expanded cus...
Read More » -
Monarch Tractor Warns of Layoffs and Potential Shutdown
Monarch Tractor has warned of potential permanent layoffs for over 100 employees and possible company shutdown, as revealed in an internal memo due to financial instability. The company, which raised $220 million in venture capital, is shifting from manufacturing autonomous tractors to focusing o...
Read More » -
Anker-Backed Evotrex Unveils Hybrid RV
Evotrex is introducing a hybrid RV travel trailer that combines an onboard battery with a gasoline engine for extended off-grid power, using waste heat for cabin warming to boost efficiency and comfort. The company's market research shows a shift towards younger buyers seeking multi-day remote ad...
Read More » -
Oracle Stock Drops After $15B Data Center Spending Hike
Oracle's stock fell after its earnings report, as revenue missed expectations and the company announced a sharp $15 billion increase in capital expenditures to aggressively invest in AI data center infrastructure. The company is making these massive investments to compete with cloud giants and me...
Read More » -
T-Mobile Ends Popular Free Perk, Adds New Fee
Srini Gopalan has become T-Mobile's new CEO and introduced the Easy Switch feature to simplify switching providers, offering quick sign-up and same-day phone delivery. T-Mobile will discontinue offering Apple TV as a complimentary service starting in 2026, with a new monthly charge of three dolla...
Read More » -
NVIDIA DGX Sparks AI Revolution for Global Developers
NVIDIA DGX Spark is the world's most compact AI supercomputer, delivering petaflop-level performance in a desktop form factor and enabling local development of advanced AI models. The system features 128GB of unified memory and supports running inference on models with up to 200 billion parameter...
Read More » -
Heidi Raises $65M to Build AI Care Partners for Clinicians
Heidi secured $65 million in a Series B funding round, led by Point72 Private Investments, boosting its valuation to $465 million and total funding near $100 million to develop AI care partners for healthcare providers. The funding will advance Heidi's AI Care Partner platform, which automates ad...
Read More » -
Telly's TV Installations Stalled at 35,000 Last Fall
Telly's free TV rollout has stalled dramatically, with only 35,000 units installed by late 2025, far short of its initial goal of shipping half a million in its first year. A major obstacle has been its direct shipping model, which led to a high rate of damaged deliveries, forcing the company to ...
Read More » -
Netflix ups Warner Bros. bid with all-cash offer
Netflix has revised its offer for Warner Bros. Discovery to an all-cash deal valued at $27.75 per share, aiming to accelerate the sale process and counter Paramount's competing hostile bid. The all-cash structure is intended to provide greater financial certainty and facilitate a quicker sharehol...
Read More » -
Slate EV Truck Hits 150,000 Reservations Amid Market Shift
Slate Auto's upcoming electric truck has surpassed 150,000 refundable reservations, indicating strong consumer interest for its late 2026 release, though reservations do not guarantee commercial success. The company faces the major challenge of scaling production to meet its annual target of 150,...
Read More » -
Quilt Secures $20M to Scale Heat Pump Sales Nationwide
Quilt, a California-based heat pump startup, has raised $20 million in Series B funding to expand nationally, following a $33 million Series A round earlier in 2024. The funding round was led by Energy Impact Partners and Galvanize, with the latter's Veery Maxwell and former Nest CFO Tom vonReich...
Read More » -
Blue Origin's New Glenn Rocket Returns After Mars Mission Test
Blue Origin successfully launched and recovered its New Glenn rocket, demonstrating advanced reusability of a massive orbital-class booster with a flawless landing on an ocean platform. The launch overcame delays from weather and a solar storm, achieving a precise first-stage touchdown just nine ...
Read More » -
Insiders Reveal the Truth About the AI Race
AI industry leaders project OpenAI will reach $30 billion in revenue by 2026 and Nvidia's valuation will hit $6 trillion, reflecting continued growth but a cooling enthusiasm for some high-profile players. Survey respondents predict artificial general intelligence (AGI) will arrive around 2030, w...
Read More » -
Nscale Partners with Microsoft on Major AI Infrastructure Deal
Nscale has partnered with Microsoft to deploy nearly 200,000 Nvidia GB300 GPUs across data centers in Europe and the U.S., significantly expanding AI infrastructure and establishing Nscale as a key global player. The deployment includes 104,000 GPUs in Texas, 12,600 in Portugal, and additional un...
Read More » -
Halide Co-Founder Sebastiaan de With Joins Apple Design Team
Sebastiaan de With, co-founder of the Halide camera app, has joined Apple's Human Interface Design team, marking a return to the company where he previously contributed to services like iCloud and Find My. His hiring occurs during a significant transition in Apple's design leadership, following t...
Read More » -
Yann LeCun: Intelligence Is All About Learning
Yann LeCun, a foundational AI architect, is leaving Meta to launch a new startup focused on creating superintelligent systems, which he describes as aiming for "intelligent amplification" rather than domination. His departure from Meta accelerated his plans and drew attention from French Presiden...
Read More » -
This Startup's Racing to Build Self-Driving Car Software
HyprLabs, a new startup led by former Zoox co-founder Tim Kentley-Klay, is emerging from stealth with a modest team and funding to develop autonomous vehicle software, aiming to eventually create its own proprietary robots. The company's initial product, Hyprdrive, is a software platform that rep...
Read More » -
ChatGPT to Enable Adult-Only Intimate Conversations, Says Sam Altman
OpenAI will allow age-verified adult users to engage in adult-oriented conversations, including erotica, as part of a policy shift to treat adults like adults, with implementation planned for December. The company is reintroducing a more personable ChatGPT version to address user feedback that re...
Read More » -
Preply Hits Unicorn Status, Showcasing Ukrainian Resilience
Preply has become a unicorn with a $1.2 billion valuation after a $150 million Series D funding round, achieving EBITDA profitability while scaling its global tutor marketplace. The company is strategically integrating AI to enhance, not replace, its human tutors, using it for lesson tools and be...
Read More » -
Startup Raises $250M for "Giga" Satellite Design
K2, a California startup, has raised $250 million to scale production of its high-power satellite platforms, bringing its total funding to over $400 million. The company is developing large "Mega" and "Giga" class satellites to capitalize on new heavy-lift rockets and meet future demand for subst...
Read More » -
Nintendo Acquires Bandai Namco Studios Singapore
Nintendo is acquiring a majority stake in Bandai Namco Studios Singapore, rebranding it as Nintendo Studios Singapore by April 2026, starting with 80% ownership and planning full acquisition later. The acquisition aims to strengthen Nintendo's internal development, leveraging the studio's experti...
Read More » -
Elon Musk's Moon Focus Amid Co-Founder Exodus and IPO Plans
Elon Musk has directed his AI company, xAI, to pivot towards establishing a lunar manufacturing facility to build advanced AI satellites, aiming for a competitive edge through space-based resources. This strategic shift coincides with significant leadership turnover, as half of xAI's original fou...
Read More » -
Build Apps Inside ChatGPT With OpenAI's New Tools
OpenAI is introducing tools that let users build and interact with third-party apps directly within ChatGPT, turning it into a central hub for tasks with contextual guidance. During a demonstration, ChatGPT integrated with apps like Canva to create promotional materials and Zillow to search for p...
Read More » -
Cohere's $240M Year Fuels IPO Ambitions
Cohere, a Canadian AI startup, has exceeded its financial targets, achieving $240 million in annual recurring revenue for 2025 and fueling discussions about a potential IPO. The company, backed by investors like Nvidia and Salesforce, differentiates itself with efficient generative AI models desi...
Read More »