When Instagram was acquired for $1 billion in 2012, co-founder Kevin Systrom believed that joining Facebook would help Instagram’s “skyrocketing growth” reach even greater heights. In some ways, it did. Instagram now has billions of users and has since “generated many multiples of that price and then some,” Systrom said on Tuesday from a Washington,…
Researchers from MIT, Yale, McGill University and others found that adapting the Sequential Monte Carlo algorithm can make AI-generated code better.Read More
As expected, the carmaker reported dismal results for the first quarter, citing issues from trade policy to political sentiment. The hits keep coming for world’s richest man Elon Musk. Tesla reported another weak quarter of performance as car buyers around the world increasingly opt for other brands. That wasn’t entirely surprising as analysts had forecast…
An OpenAI exec said during Google’s antitrust trial this week that OpenAI would be interested in buying Google’s Chrome browser, were it made available for sale. The executive, ChatGPT chief Nick Turley, said in a court hearing Tuesday that acquiring Chrome would allow OpenAI to “offer a really incredible experience” and “introduce users into what…
The Indonesian company still logged a 14% growth in revenue, but that was outpaced by its increasing expenses.
Wheel of Time is getting a new video game adaptation. The popular fantasy book series has already seen an imagining for the small screen with that is currently airing its third season. Now iwot Studios, which has a hand in creating the Amazon show, is launching a new game studio to create a AAA open-world…
Google Fi is launching a new Unlimited Essentials plan, costing $35 per month for one line. It’s now Google Fi’s most affordable plan, offering unlimited calls, text, and data, along with access to 30GB of high-speed data. As part of the change, Google Fi is renaming its Simply Unlimited plan to Unlimited Standard, which still…
GamesBeat today announces it will become an independent media brand.Read More
The Department of Justice accused the pharmacy giant of illegally filling millions of prescriptions for opioids between August 2012 and March 2023. Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, who accused the pharmacy of illegally filling millions of prescriptions in the last decade for…
Delta SkyMiles members in the United States can now start earning points when they ride with Uber or order delivery through Uber Eats as part of a recently announced exclusive partnership between the two companies. The tie-up with Delta is designed to further align the ride-hail giant with airport travel, which has historically been a…
