India's Swiggy records $200 million loss, document shows, as it plans IPO Indian food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal document of the company, which is looking to list on the stock market. 03/28/2024 - 3:35 am | View Link
The UK threw a splashy event in New York this week to woo more American VCs A 3D hologram, dubbed the Ever-Changing Statue, will be on display at the Rise by Barclays workspace in New York until April 4. Sipping wine and nibbling burrata, a group of government officials, ... 03/27/2024 - 6:02 am | View Link
As Outer Banks faces major insurance hikes, commissioner addresses residents’ concerns A court date is set for Oct. 7, at which time North Carolina Insurance Commissioner Mike Causey said he will hear evidence supporting the North Carolina Rate Bureau’s request for an average ... 03/22/2024 - 4:53 am | View Link
Reddit prices IPO at $34 per share, the top of the range Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company's IPO on Thursday. Excluding employee stock options, the 19 ... 03/20/2024 - 12:36 pm | View Link
5 Biggest Waste Management Companies in the World In this article, we will look into the 5 biggest waste management companies in the world. If you want to read our detailed analysis, you can go directly to the 15 Biggest Waste Management ... 03/16/2024 - 11:50 pm | View Link
Enlarge (credit: BRENDAN SMIALOWSKI / Contributor | AFP)
The White House has announced the "first government-wide policy to mitigate risks of artificial intelligence (AI) and harness its benefits." To coordinate these efforts, every federal agency must appoint a chief AI officer with "significant expertise in AI."
Some agencies have already appointed chief AI officers, but any agency that has not must appoint a senior official over the next 60 days.
Enlarge (credit: Proxmox)
Broadcom has made sweeping changes to VMware's business since acquiring the company in November 2023, killing off the perpetually licensed versions of VMware's software and instituting large-scale layoffs. Broadcom executives have acknowledged the "unease" that all of these changes have created among VMware's customers and partners but so far haven't been interested in backtracking.
Among the casualties of the acquisition is the free version of VMware's vSphere Hypervisor, also known as ESXi.
Enlarge / Being in a box doesn't mean the iPhone can't update. (credit: Apple)
Unboxing a new gadget is always a fun experience, but it's usually marred somewhat by the setup process. Either your device has been in a box for months, or it's just now launching and ships in the box with pre-release software.
Enlarge / FTX Founder Sam Bankman-Fried arrives at US District Court on March 30, 2023, in New York City after being hit with a criminal charge for allegedly authorizing a bribe of at least $40 million to one or more Chinese government officials. (credit: Getty Images | Michael Santiago )
Convicted FTX fraudster Sam Bankman-Fried was sentenced to 25 years in prison today, according to news reports.
The founder and ex-CEO of cryptocurrency exchange FTX was sentenced this morning by Judge Lewis Kaplan in US District Court for the Southern District of New York.
Enlarge / After a 10-year gap, Lola is back developing an electric racecar, or at least the powertrain for one, as it will enter Formula E next season. (credit: Lola)
In 2022, we brought news that Lola, a once-famous racing company, was planning its renaissance. Lola never really cracked Formula 1, but it did have success in IndyCar and sports car racing with cars it designed and built from the 1960s until it ceased trading in 2012.
Enlarge / Claptrap keeps finding himself in wild new places. Now he's heading from Sweden's Embracer Group to New York City's Take-Two Interactive. Okay, maybe not that wild. (credit: Gearbox Interactive)
Embracer Group has been backing away from its all-encompassing position in the games industry lately. The latest divestment is Gearbox Entertainment, the studio behind the Borderlands series it bought in early 2021 for a deal that could have been worth up to $1.37 billion to Gearbox had it stayed inside the Swedish conglomerate's grasp.
The buyer is Take-Two Interactive Software, which had previously partnered with Gearbox on publishing Borderlands and other titles.