Monzo board reportedly ousted CEO Anil over IPO timing
The Financial Times reports that Monzo’s chief executive TS Anil has been asked to resign by the fintech’s board over concerns about the company’s international expansion and post-IPO commitments. The FT reports that tensions had been building between Anil and the board ahead of the company’s somewhat unexpected announcement in October that former Google executive […]
Tesla involved in deceptive marketing of Autopilot and fully autonomous driving, ruling rules
An administrative law judge ruled that Tesla engaged in deceptive marketing that gave customers a false impression of the capabilities of its Autopilot and fully self-driving driver assistance software. This was a pivotal development in a years-long lawsuit initiated by the California Department of Transportation. According to multiple media outlets, a judge agreed to the […]
Company X updates its terms and files a countersuit claiming the “Twitter” trademark in response to an objection from a new entrant.
Elon Musk’s Company X has updated its terms of service to indicate it still claims the “Twitter” trademark. The move to add this detail to the company’s terms follows the announcement by a Virginia-based startup that recently filed to trademark the term “Twitter.” Startup Operation Bluebird claims that X has abandoned the Twitter brand by […]
DoorDash launches Zesty, an AI social app for discovering new restaurants
DoorDash is launching a new AI-powered social app designed to help users quickly find local restaurants. The app, called Zesty, was initially available in the San Francisco Bay Area and New York. With this app, DoorDash is moving beyond food delivery and into social and discovery. The idea behind this app is to eliminate the […]
You can now hear conversations better with Meta’s AI glasses
Meta on Tuesday announced an update to its AI glasses that allow you to better hear people’s conversations when you’re in noisy environments. The company says the feature will first be available on Ray-Ban Meta and Oakley Meta HSTN smart glasses in the U.S. and Canada. Additionally, the glasses receive another update that allows you […]
OpenAI continues its ‘Code Red’ war path with new image generation model
OpenAI is rolling out a new version of ChatGPT Images that promises better command following, more precise editing, and up to 4x faster image generation speeds. This new model, called GPT Image 1.5, will be available to all ChatGPT users via the API starting Tuesday. This is the latest escalation in Google’s competition with Gemini […]
How Luminar’s fateful Volvo deal drove the company into bankruptcy
In early 2023, Luminar was on a roll. After going public during the pandemic and signing a key deal with Volvo, the company has added Mercedes-Benz and Polestar as customers for its “lifesaving” lidar sensors. Founder and CEO Austin Russell called it an “inflection point” as Luminar prepared to integrate these sensors into its first […]
Uber Eats alum wins $14M seed from a16z to solve WhatsApp confusion for Latin American doctors
After spending nearly a decade developing the on-demand service as Uber Eats’ first general manager for Latin America and later as COO of Rappi, Caroline Melin knew how far behind healthcare technology was. Patients expected doctors to be as responsive as delivery apps, but most medical professionals on the continent are forced to rely on […]
Instagram brings Reels to the big screen starting with Amazon Fire TV
Instagram is expanding Reels viewing beyond mobile, the social network announced Tuesday. The company is piloting IG for TV, a new experience that lets you watch Reels on your TV, starting with Amazon Fire TV. Bringing Reels to TV will allow Instagram to better compete with YouTube, which largely dominates the TV space. Instagram seems […]
Hacking group says it’s blackmailing Pornhub after stealing users’ viewing data
The hacker group Scattered Lapsus$ Hunters, which includes members of the gang known as the ShinyHunters, claims to have stolen the personal information of premium members of porn site Pornhub and is attempting to extort the site. On Friday, Pornhub acknowledged that it was among several companies affected by a previous breach at widely used […]