Latest Business News, Market Insights & Global Economy Updates
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million)…
Last year, Meta projected that 10% of its overall annual revenue — $16 billion — would come from fraudulent advertisements on its apps, according to a report from Reuters. The documents accessed by Reuters also show that for three years, Meta failed to protect its users from ads promoting illegal gambling, investment schemes, and banned…
Peloton is recalling around 833,000 of its original Bike+ machines following reports that some seat posts broke during use, according to the U.S. Consumer Product Safety Commission (CPSC). The CPSC reports that Peloton has received three complaints related to the issue, including two incidents in which users were injured. The affected Bike+ units were sold…
A raft of voice-based hardware devices have emerged, aimed at companionship, productivity, or personal growth. These include card-shaped devices from Plaud and Pocket; pendants from Friend, Limitless, and Taya; and a wristband from Bee, which is now part of Amazon. Now, two former Meta employees who worked on interface design have launched Sandbar, a startup…
Apple’s latest iOS update, available for eligible devices starting Monday, doesn’t introduce any major features, but it does bring one highly requested tweak: the ability to change the transparency of the translucent liquid glass design. If you didn’t like the look of iOS 26, all you could do so far was to reduce transparency via…
Kevin Rose has a visceral rule for evaluating AI hardware investments: “If you feel like you should punch someone in the face for wearing it, you probably shouldn’t invest in it.” It’s a typically candid assessment from the veteran investor, and one born from watching the current wave of AI hardware startups repeat mistakes he’s…
AI search startup Perplexity has signed a multi-year licensing deal with Getty Images, which gives it permission to display images from Getty across its AI-powered search and discovery tools. The deal marks a notable shift for the company, which has been hit by allegations of content scraping and plagiarism, and signals an effort to establish…
Thanks to everyone who made this year’s San Francisco event what it was — and to the 10,000 of you who filled the halls, made the connections, and left with more than you came with. Couldn’t make it? The images below offer a glimpse into what you missed. Until next year. Vinod Khosla, telling attendees…
Threads, Meta’s X rival, continues to ship new features at a rapid pace. Shortly after the launch of communities and disappearing “ghost posts,” the social networking app on Thursday introduced new tools that will give users more control over their conversations on the platform. One new feature, reply approvals, will allow you to decide which…
Waymo and Zoox robotaxis are a regular sight on San Francisco streets, and soon Uber, through a partnership with Lucid and Nuro, will descend on the city as well. It is exactly how San Francisco Mayor Daniel Lurie likes it. “I think we should be the testbed for emerging technology and AI and healthcare tech…
