‘Gen Z Is Obsessed’: Chili’s Sales Are Skyrocketing Thanks to the Triple Dipper and Turbo Chefs
On an earnings call this week, one analyst said the company’s turnaround was “the best one of all time” in the restaurant industry.
XOi raises $230M, acquires Specifx to expand its tech for field service technicians
Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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Google Is Offering a ‘Voluntary Exit’ For Some Employees After a Petition Signed by 1,400 Googlers Calls For Job Security
The buyouts apply to U.S. employees in Google’s platforms and devices division.
Anthropic CEO Dario Amodei is trying to duck a deposition in an OpenAI copyright lawsuit
Anthropic CEO Dario Amodei is trying to avoid being deposed in a copyright lawsuit against OpenAI, according to new court filings. In response, lawyers for the plaintiff — the Authors Guild — have filed a motion to compel testimony from Amodei and his Anthropic co-founder, Benjamin Mann. Authors Guild’s lawyers claim that Amodei and Mann, […]
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CFPB fines fintech Wise, alleging it charged deceptive fees
The Consumer Financial Protection Bureau (CFPB) has hit UK-based remittance company Wise with about a $2 million fine for what it described as “a series of illegal actions.” Those actions include advertising inaccurate fees and failing to properly disclose exchange rates and other costs, the CFPB alleges. Specifically, the agency claims that the fintech company […]
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OpenAI releases its new o3-mini reasoning model for free
On Thursday, Microsoft announced that it’s rolling OpenAI’s reasoning model o1 out to its Copilot users, and now OpenAI is releasing a new reasoning model, o3-mini, to people who use the free version of ChatGPT. This will mark the first time that the vast majority of people will have access to one of OpenAI’s reasoning…
‘Retiring the Hybrid Policy’: Dell Issues a Strict Return-to-Office Mandate for Most Employees
Dell Technologies has around 43,000 employees in the U.S.
Apple will pay $20M to settle Watch battery swelling suit, ‘denies wrongdoing’
Apple has agreed to pay $20 million to resolve a class-action lawsuit over battery swelling on the Apple Watch. Filed in the U.S. District Court for the Northern District of California in 2019, the suit alleges that the problem affected the first four Apple Watch models. Battery swelling is pretty much what it sounds like: […]
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Meta turns to solar — again — in its data center-building boom
The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers.
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Stablecoins are finding product market fit in emerging markets
Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to over 100 countries. But as Starlink scaled, it faced a major hurdle: accepting payments in developing markets, where traditional banking infrastructure is unreliable, slow, and prone to blocking transactions. Many local banks across Africa, Latin America and Asia […]
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Following the lead of DeepSeek, OpenAI makes its reasoning model free
OpenAI is feeling the heat from DeepSeek. On Thursday, it announced that it’s rolling its reasoning model o1 out to Microsoft Copilot users, and now it’s releasing a new reasoning model, o3-mini, to people who use the free version of ChatGPT. This will mark the first time that the vast majority of people will have…