Monthly Archives: October 2022

Stability AI, the startup behind Stable Diffusion, raises $101M

Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. The tranche values the company at $1 billion post-money, according to…

With over 43M K-12 users, Adobe Express for Education gets new AI and safe search tools

Adobe Express, the company’s template-centric tool for helping anyone quickly create logos, banners, flyers, ads and more, has always long offered a free version for schools. As the company announced today — one day before its annual MAX conference — Adobe Express for Education now has over 43 million K-12 users globally. With over 43M…

Low-cost hearing aids are now available over the counter in the US

Over the summer, Joe Biden issued the “Executive Order on Promoting Competition in the American Economy.” Included in the legislation was a push to make more affordable hearing aids available without prescription. Following a final rule from the FDA, those products are finally arriving on store shelves. A number of major U.S. drugstore chains have…

Deck out your home theater with up to 37% off Samsung soundbars and speakers

As of Oct. 17, Samsung soundbars and speakers are on sale at Amazon for up to 37% off. Here are the best deals: BEST ALL-IN-ONE SOUNDBAR DEAL: Samsung HW-S60B 3.1ch Soundbar — $247.99 $347.99 (save $100) BEST MULTI-PIECE SOUNDBAR DEAL: Samsung HW-B650 3.1ch Soundbar with SubWoofer — $247.99 $397.99 (save $150) BEST SPEAKER DEAL: Samsung…

The stock market just passed a big test in determining whether its secular bull run will continue, but risks remain, Bank of America says

(Photo by Scott Heins/Getty Images) The secular bull market that started in 2013 is still intact for the S&P 500, according to Bank of America.The bank said the secular bull just passed a major test when it bounced off of its rising 200-week moving average.Here’s what the stock market needs to do next to confirm…

The world’s second-richest man, Louis Vuitton’s CEO, sold his private jet after people started tracking it on Twitter: ‘No one can see where I go’

LVMH CEO Bernard Arnault on board a private jet on October 11, 2004. Marc DEVILLE/Gamma-Rapho via Getty Images Bernard Arnault said LVMH sold its private jet after Twitter accounts started tracking it. The billionaire said he’s started renting private aircrafts for his trips instead. Arnault is one of many billionaires to express concern over jet-tracking…

Conservatives love to blame America’s housing crisis on Democrats. An economist explains the true reason behind it and why it extends beyond political parties.

“The big overarching problem, for the whole country, is that we don’t have enough homes to go around,” says economist and author Jenny Schuetz. John M Lund Photography Inc / Getty Images Paul Constant is a writer at Civic Ventures and the cohost of the “Pitchfork Economics” podcast. He recently spoke with economist and author…