Illustration: The Verge Black Friday, the annual deals extravaganza that closes out the year, typically falls the day after Thanksgiving in the US. However, with the onset of the pandemic and the meteoric rise of online shopping over the past two years, we’ve begun to see more and more retailers kick-start their sales well before…
Monthly Archives: November 2022
Peloton continues to spin both its wheels and numbers. | Illustration by Alex Castro / The Verge Peloton CEO Barry McCarthy is an optimist. During the company’s Q1 2023 earnings call, McCarthy said that the company was done with layoffs and that the “ship was turning,” referencing a colorful metaphor he issued during Q4 2022…
It’s AI training systems all the way down. New Scientist Two things we know to be facts regarding mobile robots like Boston Dynamics’ Spot—they are definitely here to stay, but at least for the time being, they are extremely pricey to produce. According to a new report courtesy of The New Scientist, however, that cost…
Pills laying on a table. Deposit Photos Two of the largest retail pharmacy chains in the United States, CVS and Walgreens, announced Wednesday that they reached tentative agreements to pay about $5 billion each to settle thousands of lawsuits related to their role in the nation’s opioid crisis. Currently, there are more than 3,000 lawsuits…
We’re still in the very early stages, but thus far Matter has proven to be a fairly peaceful collaboration between the biggest competitors in consumer electronics. Apple, Samsung and Google are among those that have detailed their plans to embrace the universal smart home standard following its recent launch. Today Amazon is offering some insight…
Seventy-five venture capital firms, including Bloomberg Beta, 776, and M13, are standing together to launch VCs for Repro, a coalition stating that criminalizing abortion is a violation of human rights that stifles innovation. Announced today, the group seeks to entice more financial leaders to support and vote in favor of reproductive rights come the midterm…
At a time when large rounds are a thing of the past, especially in the early stages, Apiiro, an applications security startup, announced a $100 million Series B today from several top shelf Silicon Valley firms. What is attracting this kind of investment in a time when investors otherwise are in a period of belt…
Stripe has announced that it’s laying off 14% of its workers, impacting around 1,120 of the fintech giant’s 8,000 workforce. The latest round of layoffs follows a string of cutbacks in the fintech sphere, with Brex last month revealing it was scything 11% of its workforce, while just yesterday Chime confirmed that 12% of its…
It’s been around for a hot minute, but Darkroom just got a pretty major update that makes it a lot more interesting for photo enthusiasts who don’t want, or can’t afford, to use more specialist tools. The fast and intuitive photo editor gives you access to your photo library, essentially giving you a Lightroom-like experience…
New research from the Center for Countering Digital Hate (CCDH), a nonprofit disrupting online hate and misinformation, demonstrates how Google has enabled greenwashing at the hands of Big Oil — and profited from this. The CCDH, focusing exclusively on U.S.-based users, found that major oil and gas companies including BP, Shell, and ExxonMobil have bought…