This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. A few months before he was awarded the Nobel Prize in economics in 2024, Daron Acemoglu published a paper that earned him few fans in Silicon Valley. Contrary to what Big Tech…
Searches for “UPS” or “United Parcel Service” jobs have skyrocketed since UPS came to a tentative agreement with the Teamsters on a new pay package. Here’s a look at which states are searching the most.
A year after Chicken Soup for the Soul Entertainment (CSSE) purchased Redbox for $375 million, the company continues to be hit by losses and looks to reduce costs across all aspects of its business. CSSE reported its second quarter 2023 earnings this week, which showed a net loss of $43.7 million– more than double the […]
The global economy has been witnessing significant challenges recently, and China’s role in shaping the world economy can hardly be overstated. As the second-largest economy in the world, China’s economic…
In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA and operating losses dropped to $27 million and $30.9 million. Those numbers represented a 55% and 57% decrease year-over-year, on track to meet the company’s end-of-year target of $100-120 million in adjusted losses. Jumia’s recently […]
Lunar technology company Intuitive Machines may well be the first private American company to land a spacecraft on the moon. The company said Monday that it was targeting a six-day slot starting on November 15 to launch its IM-1 lunar lander mission on a SpaceX Falcon 9 rocket. Intuitive Machines is one of a trio […]
Nobody loves managing configuration files for their applications and as systems get ever more complex and distributed, errors — and the potential security issues that come with that — can easily multiply. Infrastructure-as-code has gone mainstream over the course of the last few years and now, Tel Aviv-based open-source startup Configu wants to bring configuration-as-code […]