AI
Adobe Rilo Acquisition Brings AI Marketing Startup Into Adobe
Adobe Rilo acquisition brings the Indian AI startup's technology and six-member team into Adobe as it expands agentic marketing and workflow automation.
Industry
Business and market news for tech - earnings, acquisitions, layoffs, EV market moves, and the deals shaping the industry.
Industry
Uber Layoffs Cut 3,300 Jobs as Company Restructures
Uber is cutting about 10% of its workforce, or roughly 3,300 jobs, as CEO Dara Khosrowshahi restructures teams to make the company simpler and faster.
AI
OpenAI Cursor Contract Will End After SpaceX Acquisition
OpenAI plans to wind down its model contract with Cursor on November 12, citing concerns about SpaceX's compliance with its terms of service.
Hardware
Apple iPhone Launch Event Set for September 9 With New Models
Apple has set its iPhone launch event for September 9 at Apple Park, where the company is expected to unveil new iPhones and other hardware.
AI
Nvidia Agrees to Hugging Face Acquisition at $12.9 Billion
Nvidia has agreed to acquire Hugging Face for $12.9 billion, according to The Information, in a deal that would deepen Nvidia's reach into open-source AI.
AI
OpenAI Launches Admin Plugin for ChatGPT Work and Codex
OpenAI's Admin plugin lets ChatGPT Work and Codex admins review workspace activity, manage access, adjust usage limits, and handle requests from chat.
AI
Apple Layoffs Cut More Than 200 Jobs Across Siri and Vision Pro
Apple layoffs affect more than 200 jobs across Vision Pro, Siri, and software teams as the company shifts resources toward AI and future devices.
AI
Stripe Is Buying OpenRouter for More Than $7 Billion, Bloomberg Reports
Stripe is buying OpenRouter for $7bn+, per Bloomberg. The AI model gateway routes 8 million developers across 400+ models. Stripe declined to comment.
Hardware
Why Are RAM Prices So High? The AI Memory Crunch Explained
Why are RAM prices so high? AI data centers, HBM demand, capacity constraints, and shifting memory production are squeezing conventional DRAM supply.
Industry
Tim Cook Signs Off From His Final Apple Earnings Call After 15 Years
Tim Cook's final earnings call ended with a brief goodbye to analysts and shareholders - his 60th-plus in 15 years at Apple before John Ternus takes over.
Industry
Tesla Builds Its 10 Millionth EV - Halfway to Musk's $1 Trillion Pay Target
Tesla announced its 10 millionth EV on July 30, putting Musk halfway to the 20 million vehicle milestone in his $1 trillion compensation package.
Apps
X Money Launches in the US With a Visa Debit Card, 6% APY, and No Fees on Transfers
X Money is now live for US Premium and Premium+ subscribers with a Visa debit card, no-fee P2P transfers, and 6% APY for users who link a direct deposit.