Portion of Route 66 to close for $50M bridge construction
Portion of Route 66 to close for $50M bridge construction
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Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted
True to its business concept, Turkey's "instant delivery" juggernaut Getir rose quickly. On Monday, the company -- once valued close to $12 billion -- announced it would shut down its operations the U.S., the U.K. and Europe to focus solely on its home market of Turkey. The move puts a bitter end to the company's very aggressive expansion strategy that saw it raise billions of dollars to grow organically and also snap up a number of equally aggressive, yet struggling, competitors to position itself as the market leader.
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NBA playoffs: Shorthanded Bucks fall in 3-1 hole to Pacers after losing Bobby Portis to ejection
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Jalen Brunson's 47 points carry Knicks to 3-1 series lead with 97-92 win over Sixers
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Quiz: How well do you know RFK Jr.'s policy positions?
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2023 Subaru WRX Long-Term Update: Sound quality, and the CD player
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Chevron, Exxon stocks fall as lower refining margins, falling natural gas prices hit profits
Chevron and ExxonMobil said earnings per share dropped from a year earlier as they grappled with lower natural gas prices and refining margins.
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The IBM-HashiCorp coupling could be more complicated than it seems
When IBM announced its intention to acquire HashiCorp for $6.4 billion on Wednesday at market close, it was easy to conclude that the two companies should fit well together, but a deal comes down to more than strategy. In his meeting with analysts after Wednesday's announcement, IBM CEO Arvind Krishna said he sees HashiCorp as a critical piece of IBM's hybrid cloud management strategy, especially as it relates to generative AI. “As generative AI deployment accelerates alongside traditional workloads, developers are working with increasingly heterogeneous, dynamic and complex infrastructure strategies," Krishna told analysts.
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OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to -- but technically separate from -- OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in new cash on or around April 19. The paperwork was submitted on April 25, and mentions Ian Hathaway, the OpenAI Startup Fund's manager and sole partner.
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Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
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Pro-Palestinian demonstrations have spread across college campuses. What exactly do protesters want?
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Stock market today: Tesla surges 12%, stocks go nowhere amid earnings rush
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Parloa, a conversational AI platform for customer service, raises $66M
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Does being a parent make you feel lonely and burned out? A new survey says you're not alone.
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Steam closes an early-access loophole in its refund policy
Valve has closed a loophole in its refund policy that let users play many hours of a game before its official release and still get their money back.
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Tesla earnings week spotlights EV price cuts, 'balls to the wall' autonomy push
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to report earnings after markets close Tuesday. Tesla shares rose Tuesday morning more than 2% ahead earnings, a brief rosy sign amid an otherwise downward trend that's accelerated since early March.