It’s easy to fall prey to panic around automation. It’s also just just as easy to dismiss it outright. As ever, the truth almost certainly lies somewhere between these two extremes — though precisely where has yet to be determined. Both companies and regulatory bodies will play an important role in determining automation’s impact on…
Chartering a private plane is never going to be cheap, no matter how many startups have promised to make it more affordable over the years. But that doesn’t mean it can’t become cheaper. AeroVanti Air Club, which is announcing a $9.75 million Series A fundraising round led by Network1 Financial Securities, is betting on the…
Instagram announced today that new video posts that are shorter than 15 minutes will now be shared as Reels. Videos posted prior to this change will remain as videos and won’t become Reels. The company began testing this change a few weeks ago and is making it permanent in the coming weeks. The change is…
This startup season is filled with goals of profitability, promises of higher margins and whispers about pivoting toward sustainability. So when it comes to robotics, a capital-intensive sector that has a longer sales time horizon and loads of infrastructure hurdles, tensions feel inevitable. Or at least, you’d think. Crunchbase data shows that, despite a creaky…
Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Chile and São Paulo, Brazil. The new region, which will be Google’s 35th, will allow it to better serve its local users with lower-latency access to its cloud services, but — and these days, this may…
The big news of the morning is that Amazon is buying One Medical, a previously venture-backed consumer healthcare company with a technology twist, in an all-cash deal worth $3.9 billion inclusive of debt. The announcement follows recent reporting that One Medical was in play. Seeing One Medical taken off the table, then, is not a surprise,…
SAVE $93: Master the art of smoking meats with this Masterbuilt Electric Smoker on sale for just $157 at Walmart and Amazon. That’s 37% in savings. It’s a solid choice for beginners and pros who don’t want to deal with the hassle of charcoal or propane. Wood-smoked is the official taste of summer barbecues. Of…
Robert Costello represented Bannon in dealings with the House January 6 panel. Win McNamee/Getty Images Steve Bannon has spoken outside court after each day of his trial, but he won’t take the stand. Bannon also will not call his lawyer Robert Costello, who was identified as a possible witness. His lawyer David Schoen confirmed in…
Layoffs and hiring freezes are sweeping the nation across industries, from automotive to big tech. Reza Estakhrian/Getty Images Over the last year, companies have been hiring at a rapid clip as workers job switch. But now, layoffs are brewing, and companies are letting go of some of their new workforce. Just as workers might have…
Getty Images North America/Getty Images Retail investors are reluctant to step back into the stock market amid the current bear decline.That’s according to JPMorgan, which observed subdued equity flows, low NYSE margin accounts, and depressed call option buying.“The younger cohorts’ deleveraging has advanced by so much that all the previous post pandemic increase has been…