Tag Archives: company

Disclosure: Penske Media Corporation is an investor in Vox Media, The Verge’s parent company. Penske Media Corporation, the publisher of Rolling Stone and The Hollywood Reporter, has become the first major American media company to sue Google over its AI summaries. The company claims that the AI Overviews that often appear at the top of search results leave users with …

Earlier advances in software, cloud, and mobile capabilities forced nearly every business—from retail giants to steel manufacturers—to invest in digital transformation or risk obsolescence. Now, it’s AI’s turn. Companies are pumping billions of dollars into AI investments to keep pace with a rapidly changing technology that’s transforming the way business is done. Robinhood CEO Vlad Tenev told David Rubenstein this …

Apple is losing one of its top AI minds, according to Bloomberg. Robby Walker, who had been the senior director of Apple’s Answers, Information, and Knowledge team since earlier this year, is reportedly set to leave the tech giant next month. Walker had previously been in charge of Siri prior to moving over to AI development. This is on top …

Tesla Believer Bangs Drum for Company Investment in Elon Musk’s xAI  The Wall Street Journal Could Tesla’s Deal With xAI Be a Game Changer?  Yahoo Finance Tesla said xAI stands for “eXploratory Artificial Intelligence.” It’s not clear where it got that.  Business Insider Tesla may have just revealed what Elon Musk’s xAI really stands for, by accident  India Today Tesla shareholders to vote on …

After announcing a much more capable version of Siri in June 2024, Apple delayed the Apple Intelligence-powered version of the personal assistant in May 2025. Around that time, there was a now-infamous pep talk given to the Siri team by the then-senior director of the project. Robby Walker wasn’t a name most Apple followers would recognize, but the Siri senior …

If you work for Opendoor, the online real estate platform, you might consider polishing up your resume. The chair of the company’s board recently let it slip that he thinks the firm could stand to lose almost all of its employees. During a recent appearance on CNBC’s “Squawk on the Street,” Keith Rabois, a former member of the PayPal Mafia, …

Clippers’ owner Steve Ballmer’s defense in the Kawhi Leonard salary cap circumvention and “no show” endorsement scandal has been “plausible deniability.” Ballmer said he was “duped” like other investors when he put $50 million into the green bank company Aspiration (a company that had become a $300 million Clippers team sponsor back in 2021, but now is bankrupt with its …

Apple AI and Search Executive Robby Walker to Leave Company  Bloomberg.com Apple AI executive plans to exit company next month: report (AAPL:NASDAQ)  Seeking Alpha Former Siri boss behind delayed Apple Intelligence features leaving the company  9to5Mac Apple’s AI and search executive Robby Walker to leave, Bloomberg News reports  Reuters Amazing how many people have left Apple especially in AI divisions, says Big Technology’s Kantrowitz  MSN …

Bo Hines named CEO of Tether’s new US arm as company unveils USAT stablecoin  The Block Tether unveils USAT stablecoin to boost US market presence  Reuters Crypto group Tether to launch new stablecoin with eye on US markets  Financial Times Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA  Tether.io Tether reveals USAT stablecoin, appoints …

In March 2023, LA Clippers owner Steve Ballmer invested almost $10 million into financial technology and sustainability services company Aspiration, according to legal filings reviewed by The Athletic and corroborated by a former Aspiration executive. The previously unreported investment came 18 months after Ballmer’s $50 million investment in the firm now at the heart of an NBA investigation into whether …