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CoreWeave’s Splashy IPO Wobbles, But That’s Not Stopping Its Founders
The company says it still sees tremendous avenues for growth, even if investors don’t quite see that yet.Inc. - 2d -
FCC Orders Investigation Into Disney’s DEI Practices
The chairman, Brendan Carr, sent a letter to the company accusing it of violating equal employment opportunity regulations.The New York Times - 2d -
Trump commutes sentence of Ozy Media founder Carlos Watson just before prison surrender
Ozy had falsely claimed to have deals with Google and Oprah Winfrey before the company and CEO Watson were criminally charged.CNBC - 2d -
Richard Carlson, Journalist Who Led Voice of America, Dies at 84
The father of the conservative commentator Tucker Carlson, he won a Peabody Award for television reporting that uncovered a car company’s fraud.The New York Times - 16h -
Creators of DRAFTED focused on changing narrative for Latina women in sports
DRAFTED, the first culture-driven media company focusing on Latina sports, was officially launched in 2023.CBS News - 13h -
China’s WeRide warns driverless tech profitability ‘difficult to predict’
Nasdaq-listed autonomous vehicle company says government regulation and local partners are key to ending years of lossesFinancial Times - 10h -
CoreWeave tests investor appetite for AI
The company closed flat after a volatile trading debut and concerns over its business modelFinancial Times - 8h -
AI was enemy No 1 during the Hollywood strikes, now it's being used in Oscar-winning films
Tech companies say AI will make productions cheaper and faster - but many in Hollywood think it will replace their jobs.BBC News - 8h -
Europe must act to stop tech start-ups leaving to list in US, Swedish PM warns
Ulf Kristersson calls for EU capital markets union to put halt to exodus of homegrown companiesFinancial Times - 8h -
Wood Group to restate acounts after information withheld from auditors
Engineering company expects to suspend share trading at end of April because of work needed to prepare 2024 accountsFinancial Times - 5h -
Primark CEO Resigns After ‘Error of Judgment’
Paul Marchant has left the clothing retailer after “an allegation made by an individual about his behavior,” the company said.The New York Times - 3h -
Isomorphic Labs, Google’s A.I. Drug Business, Raises Money From Thrive
The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.The New York Times - 1h -
Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash
Stroll's stake in the company is poised to increase to roughly 33% from about 27.7% as part of the transaction.CNBC - 13m -
CoreWeave Scales Back Ambition for Its I.P.O.
The company, which originally expected its shares to be priced between $47 and $55, will ask for $40 a share in a sign of stock market uncertainty.The New York Times - 3d -
An AI-based drone that speeds up the detection and monitoring of wildfires is presented in Germany
A company that specializes on early wildfire detection has developed a new, AI-based drone that it says will help speed up the detection, location and monitoring of firesABC News - 3d -
Is CoreWeave’s Debut an Ill Omen for I.P.O.s?
The A.I. company is set to make its market debut on Friday amid concerns about its business model and the health of the wider economy.The New York Times - 3d -
FCC chair opens investigation into Disney and ABC for DEI practices
Federal Communications Commission Chairman Brendan Carr has opened an inquiry into Disney and ABC's DEI programs, marking the second investigation of a major media company.Los Angeles Times - 2d -
How Climate-Resilient Chickens Could Help Fight Poverty
An initiative in Zambia is showing that a profit-seeking company can help rural farmers battling extreme weather breed chickens that lay more eggs.The New York Times - 2d -
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.The New York Times - 1d -
Nvidia turned CoreWeave into a major player in AI years before helping to save its IPO
CoreWeave has found a big market in selling Nvidia's popular AI processors, but the company has a challenging story to sell to public investors.CNBC - 1d -
23andMe bankruptcy: With America's DNA put on sale, market panic gets a new twist
Genetic testing company 23andMe's bankruptcy has led to a new consumer privacy issue: what happens to the DNA of millions of Americans when it goes on sale?CNBC - 20h -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 14h -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Nintendo Is Changing the Way Digital Games Work
During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.Wired - 3d -
Jen Salke to step down from her role at Amazon MGM Studios
Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.Los Angeles Times - 3d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 2d -
Turkish opposition leader calls for weekly rallies and deeper economic boycott
Özgür Özel expands call to boycott companies perceived as close to President Recep Tayyip Erdoğan. Turkey’s anti-government protesters are weighing their options, amid calls by the main opposition ...The Guardian - 20h -
The Danish island of seaweed cottages, salt and seafood
The remote North Sea isle of Læsø is world-famous for the gastronomic delights that come from its waters – so the best way to explore it is in waders. After just 10 minutes in the company of ...The Guardian - 6h -
An AI Image Generator’s Exposed Database Reveals What People Really Used It For
An unsecured database used by a generative AI app revealed prompts and tens of thousands of explicit images—some of which are likely illegal. The company deleted its websites after WIRED reached out.Wired - 2h