Amazon has the Google Pixel Watch 2 on sale for $70 off. The smartwatch arrived last fall with a new stress-tracking feature, slightly longer battery life and a better heart sensor, as Google’s flagship wearable inches closer to rivals Apple and Samsung.
Uber plans to deliver more perks to Uber One members, like member-exclusive events, in a bid to gain more revenue through subscriptions. “You will see more member-exclusives coming up where members have exclusive access to events and experiences, which will kind of surprise and delight our members,” said Uber chief financial officer Prashanth Mahendra-Rajah Wednesday morning during Uber’s first-quarter earnings call. Uber CEO Dara Khosrowshahi said Uber One’s membership fees are “in excess of $1 billion” run-rate.
US chip manufacturing capacity is projected to triple by 2032, according to a new report published by the Semiconductor Industry Association, signaling progress nearly two years after President Biden signed the CHIPS and Science Act into law.
Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays -- the sorts of replays that have become part and parcel of major sports broadcasts. Replay caught the attention of Intel, which acquired the company in 2016 for a reported $175 million, and led Aviv and Matteo to a chance meeting with Rubi Liani, the founder of Israeli's official drone racing league (FRIL). Liani turned the brothers on to drone racing and planted the seed of the idea for their next startup, Xtend, which he helped found.
For decades, the Global Positioning System (GPS) has maintained a de facto monopoly on positioning, navigation and timing, because it’s cheap and already integrated into billions of devices around the world. The startup plans to launch a satellite constellation in low Earth orbit that would act as a commercial GPS alternative. Xona was founded in 2019 by seven Stanford graduate school alumni; most met during grad school.
Lucid Bots came on the scene in 2018 with its Sherpa line of drones to clean windows in tall places, and now it’s back to take on more labor-intensive tasks. The Charlotte, N.C.-based company, which was part of Y Combinator's 2019 cohort, took on a new form as a robotics company with a thesis to build intelligent robots that are purpose-made to tackle the “dirty” jobs that people don’t want to do, Ashur said. “We started with a very simple problem, and in pursuit of wanting to make a dangerous job safer over the years, the true problem we're solving is this fundamental fact that people don't want to do jobs that are considered dull, dirty, dangerous or demeaning,” Andrew Ashur, founder and CEO of Lucid Bots, told TechCrunch.
High interest rates and financial pressures make it more important than ever for finance teams to have a better handle on their cash flow, and several startups are hoping to help. Two-year-old Israeli startup Panax is one, and it just raised a $10 million Series A round of funding led by Team8, with participation from TLV Partners. SVB's collapse created tailwinds for the cash management category, which includes players such as Embat, Kyriba, Statement and Vesto.
The biggest news stories this morning:
Google announces the $499 Pixel 8a early, Apple’s M4 chip arrives with a big focus on AI, Nintendo to announce Switch successor before March 2025.
According to Bloomberg, the company is currently developing the capability, which can scour the web for answers to your queries and spit out results complete with citations to their sources.
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.