Category Archives: Tech

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Temu steers users to ‘local’ products after Trump shuts tax loophole

Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.

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Google scraps diversity ‘aspirations,’ citing role as federal contractor

Google said it’s been reevaluating diversity programs over the last year.

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Boston Dynamics joins forces with its former CEO to speed the learning of its Atlas humanoid robot

Boston Dynamics Wednesday announced a partnership designed to bring improved reinforcement learning to its electric Atlas humanoid robot. The tie-up is with the Robotics & AI Institute (RAI Institute), earlier known as The Boston Dynamics AI Institute. Both organizations were … Continue reading

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SoftBank could soon buy Renee James’ Ampere chip company for about $6.5B

And it’s the latest in an ongoing saga over the company’s future ownership. © 2024 TechCrunch. All rights reserved. For personal use only.

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Sonos lays off 200 ahead of rumored set-top box release

Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app … Continue reading

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Researchers created an open rival to OpenAI’s o1 ‘reasoning’ model for under $50

AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits, according to a new research paper released last Friday. The model known as s1 performs similarly … Continue reading

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Fiserv shares rally to record on earnings beat, bullish revenue outlook

Shares of payments company Fiserv rose to a record on Wednesday after reporting better-than-expected earnings.

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Salesforce picks board member Robin Washington to be its next finance and operating leader

A veteran finance executive, Robin Washington has been on Salesforce’s board of directors for over a decade.

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Scout Motors sued over plan to sell EVs direct to consumers

Scout Motors’ plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A group of Volkswagen and Audi dealers filed a lawsuit this week against Scout Motors, the EV that spun out of Volkswagen. … Continue reading

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Bench burned through $135 million before shutting down

A clearer picture of Bench’s downfall is emerging thanks to new bankruptcy filings, which show the accounting startup burned $135 million before collapsing. © 2024 TechCrunch. All rights reserved. For personal use only.

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