In the rapidly evolving world of retail technology, few innovations have drawn as much attention as cashierless checkout systems. Among the startups attempting to carve a niche in this space, Grabango emerged with bold ambitions and significant backing. Established in 2016, the Berkeley-based company sought to revolutionize the shopping experience by utilizing advanced computer vision
Enterprise
Elon Musk’s X, once a dominant player in the social media landscape, recently faced an arduous battle in Brazil, culminating in a notable standoff with the country’s judiciary. The conflict arose after Brazil’s Supreme Court Minister, Alexandre de Moraes, issued a suspension of the platform on August 31. The reason? Musk’s decision to sidestep requests
In a landmark decision, Judge James Donato issued a permanent injunction that fundamentally alters the landscape of app distribution on Android devices. This ruling stemmed from Epic Games’ antitrust lawsuit against Google, which was launched to challenge what Epic perceived as anti-competitive behavior by the tech giant. Since its inception in 2020, Epic Games, known
The real estate sector has traditionally been perceived as somewhat reluctant to embrace technological advancements. However, the rapid rise of artificial intelligence (AI) is heralding a revolution in this field, fundamentally transforming interactions between agents, buyers, and sellers. This transformation is not just a superficial upgrade; it represents a fundamental shift in how the real
Venture capitalist Ben Horowitz, co-founder of Andreessen Horowitz, has found himself at the center of an unexpected political twist just months after revealing his plans to support Donald Trump’s presidential campaign through political action committees (PACs). Recent revelations about his contributions to Vice President Kamala Harris now highlight the complexities of political affiliations within Silicon
Ubisoft, a cornerstone of the global gaming industry known for its iconic franchises, has recently found itself amidst significant turmoil, culminating in its stock surging over 30%. This spike can largely be attributed to media reports hinting at a possible buyout by Tencent and the company’s founding Guillemot family, both of which hold minority stakes
Mark Zuckerberg, the founder and CEO of Meta, has recently made headlines by surpassing Jeff Bezos in net worth, positioning him as the world’s second-richest individual. As of Thursday, Zuckerberg’s net worth stands at a staggering $206.2 billion, while Bezos, the former Amazon CEO, follows closely with $205.1 billion. This shift is not just a
As Tesla navigates through a rapidly evolving electric vehicle (EV) landscape, its recent report on vehicle production and deliveries for the third quarter of 2024 has stirred both optimism and concern among investors and analysts alike. The figures released by the company—specifically, 462,890 total deliveries and 469,796 total production—reflect a complex interplay of market expectations,
India’s burgeoning ambition in the semiconductor industry marks a pivotal moment for the nation’s economic landscape. In recent remarks, Commerce Minister Piyush Goyal envisaged that India will successfully manufacture its first semiconductor chip within the next two years. This audacious commitment highlights a larger trend where U.S.-based semiconductor giants are increasingly looking toward India as
Cerebras Systems, a pioneer in the artificial intelligence (AI) chip sector, has recently signaled a significant step in its growth trajectory by filing for an initial public offering (IPO) with the Nasdaq under the ticker “CBRS.” Founded in 2016 and headquartered in Sunnyvale, California, the company has developed cutting-edge technology to address the demands of