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In his 12 years on the job, Justin Berk, a 44-year-old product manager at an insurance-tech company, had seen his employer get bought and sold twice. All he had received in return was a “pat on the back” at a company meeting.”A pat on the back is nice, but it…
On a cold morning in Dallas shortly before Christmas last year, CEO Colin Webb watched one of his robots work an eight-hour shift alongside warehouse workers. The wheeled machine, equipped with two robotic arms, spent the day packing beauty products into pouches as part of a pilot.A few miles away,…
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks.The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too.The exchange-traded…
To free, or not to free?That is the question for paid streamers like Netflix, as free services, and YouTube in particular, attract TV viewers.Hollywood giants Disney and Paramount Skydance are exploring adding free tiers to their subscription services to build audiences, grow advertising revenue, and turn curious newcomers into customers, Business Insider…
Between a flash flood warning and running late for dinner plans in Manhattan, I figured I’d have just enough time to snap a photo in a photobooth.The photos weren’t for my own vanity, though. It was in the pursuit of … love!Dubbed the “Missed Connections Booth,” the photobooth is a…
Jersey Mike’s IPO is almost here.The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get…
Paramount Skydance’s agreement to delay its merger with Warner Bros. Discovery might have a simple explanation: CEO David Ellison can afford to wait.After months of trying to fast-track its WBD mega-deal, Paramount agreed on Friday not to close it until June 2027, or until five days after a trial ends.Attorneys…
Mercor’s interview process is less vibe coding, more whiteboarding. On an episode of the “20VC” podcast released on Saturday, Mercor’s head of product, Osvald Nitski, said that the AI training company has moved away from take-home assignments that can be completed with AI.”We’ll do one round where we find out…
AMD is making a bet about the future of AI: one chip shouldn’t rule them all.CEO Lisa Su announced Thursday that AMD is teaming up with chip startup Cerebras on a new approach to AI inference, which is the process of generating responses from AI models.Increasingly, chipmakers are pursuing “disaggregated…
Big Tech earnings season starts next week with Google, but the most important number won’t be profit or revenue. It will be how much these companies say they’ll spend on AI data centers.Google, Amazon, Microsoft, and Meta have already laid out plans to spend more than $700 billion this year.…
