Elon Musk, as surely you know by now, backed out on his $44 billion offer to buy Twitter in July, to the delight of corporate litigators everywhere. Days after Musk’s avowed withdrawal, the social media company filed a la
The tech world is about to lose another independent hardware company with Amazon’s planned acquisition of iRobot, whose Roombas pioneered the robot vacuum business two decades ago.
The deal is valued at $1.7 billion, and cofounder Colin Angle will retain his role of iRobot CEO inside of Amazon. Neithe
Whenever automakers discover that a vehicle has a defect or does not comply with U.S. laws, they must notify the National Highway Traffic Safety Administration and mail a notice to each customer who owns or leases the affected vehicles. Automakers must also recall those cars, trucks or SUVs–which means they have to fix the defect across the entire fleet.
People with re
We might still be in the dog days of summer, but look around and you’ll see the first signs of fall. The NFL pre-season kicked off Thursday night. Pumpkin spice everything is starting to infiltrate grocery stores, coffee houses and restaurants. And the tech world is on the cusp of its annual explosion of new products.
Samsung will get the ball rolling next week, with its Unpacked event on Aug. 10. Apple, Goog
With the economy potentially on the brink of
Lyft’s cost-trimming measures amid rising inflation and a potential economic slowdown are paying off, the company said on Thursday.
The ride-hailing firm also reported adjusted EBITDA, which excludes some items, of $79.1 million, which was its highest earnings in history. Still, Lyft reported a net loss of $377.2 million, which is wider than the same quarter a year ago.
Lyft announced in late May that it would slow hiring and assess budget cuts as the broader tech sector
DoorDash on Thursday reported larger than expected revenue growth and marketplace gross order value in its second quarter, indicating that, even in a rocky economy, customers are still turning to food delivery.
The company posted revenue of $1.6 billion in the three-month period, up 30% from the same period a year ago. At the same time, the company said the total orders t
A new report by Pew Research Center Wednesday finds that women are far more skeptical than men that self-driving cars will make our roads and highways safer. The findings suggest a public relations problem that could further slow the emergence of automated vehicles, despite the fact that studies have sh
You may never have a mansion like Oprah, but you can now chat with her favorite interior designer, Nate Berkus—for a fee, of course.
A newish app, Intro, allows anyone to book one-on-one video calls with industry experts for advice in fields from fashion a
Congress has spent the last few weeks hammering out next year’s authorizations and funding decisions.
On the policy side, CHIPS and Science passed in both the House and Senate last week. On the funding side, policymakers have been reviewing and amending next year’s National Defense Authorization Act (NDAA), which will provide funding for military space programs.
CHIPS and Science
The finalized Creating Helpful Incentives to P