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AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
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Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.CNBC - Business - Google -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a reorganization that will include moving some roles to India and Mexico, CNBC has learned.NBC News - Top stories - Google -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business -
Albuquerque School’s Staff on Leave After Drag Show at Prom
Albuquerque Public Schools in New Mexico also installed an acting principal as it investigates a high school prom.The New York Times - Top stories -
AI StartupCoreWeaveNearly Triples Valuation to $19 Billion in Five Months
Nvidia-backed company raises $1.1 billion from investors including Fidelity, Magnetar Capital.The Wall Street Journal - Tech - Artificial Intelligence -
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.VentureBeat - Tech -
‘Not going to answer that’: LeBron James quiet on future after Lakers’ playoff exit
Nuggets eliminate Lakers from postseason once againJames will discuss future with friends and familyOklahoma City sweep New Orleans to advanceThe futures of LeBron James and Darvin Ham with the Los Angeles Lakers are murky after their first-round ...The Guardian - World - NBA -
LeBron, Ham face uncertain future after G5 exit
LeBron James said he is undecided on his NBA future following the Lakers' season-ending 108-106 loss to the Nuggets in Game 5 of their first-round playoff series on Monday night.ESPN - Sports -
Meta and Google Are Betting on AI Voice Assistants. Will They Take Off?
Meta, Google and others are driving a renaissance for voice assistants, but people have found the technology uncool for more than a decade.The New York Times - Tech - Google
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Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.CNBC - Business -
UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
UnitedHealth CEO estimates that data from one-third of Americans could have been compromised in the Change Healthcare cyberattack.CNBC - Business -
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to a source familiar with the matter.CNBC - Business -
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.CNBC - Business -
Google lays off hundreds of 'Core' employees, moves some positions to India and Mexico
Google is laying off more employees and hiring for their roles outside of the U.S.CNBC - Business - Google