How to pitch me: 15 investors talk about what they’re looking for in August 2023
“I suggest reaching out right before Labor Day to set up a meeting in September or wait and start your outreach altogether next month.”
Lawyer behind AI psychosis cases warns of mass casualty risks
AI chatbots have been linked to suicides for years. Now one lawyer says they are showing up in mass casualty cases too, and the technology is moving faster than the safeguards.
Lawsuit alleges no due diligence in Amazon’s Project Kuiper launch contracts to Blue Origin, ULA
An institutional investor is suing Amazon and its board, including founder and executive chairman Jeff Bezos, over hefty launch contracts they awarded to Bezos’ space company, Blue Origin. The suit, filed by Amazon shareholders the Cleveland Bakers and Teamsters Pension Fund, alleges that the board spent less than 40 minutes approving the launch agreements for […]
Fisker confirms Foxconn will build its $29,900 Pear EV, but questions remain
EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation that Foxconn, the consumer electronics manufacturer most well-known for making Apple iPhones, would be producing the vehicle at its Lordstown, Ohio, manufacturing facility. In early August, Henrik […]
Biden offers $15.5B to boost battery and EV manufacturing
The United States Department of Energy is dedicating $15.5 billion to support the transition to electric vehicles. As part of President Joe Biden’s Investing in America agenda, most of the money will go to automakers and suppliers to retool their plants to produce electric, hybrid and hydrogen fuel cell electric vehicles, the agency said Thursday. […]
Robotics sales decline for second straight quarter amid economic woes
Sooner or later, the numbers were going to contract. Broadly speaking, the pandemic has been a gamechanger for automation broadly and robotics specifically. But not even those categories are immune from macro trends. Per new numbers from the Association for Advancing Automation (A3) — whose job it is to track such things — North American […]
‘Don’t Do It’: Dunkin’ Employee Urges Customers Not to Order Large Iced Beverages and ‘Waste’ Money
The employee has gone viral on social media for his discovery.
Texas cannot yet enforce ID checks on porn sites
A Texas judge issued an injunction today to stall the enforcement of an online age verification bill. The Free Speech Coalition, along with adult video sites like Pornhub, led the legal challenge against Texas’ HB 1181, arguing that the bill violates the First Amendment and infringes on rights guaranteed by Section 230. “The Court agrees […]
Economy Shows Signs of Slowing, Inflation Still Has a Majority of Americans Living Paycheck-to-Paycheck
The U.S. economy experienced slower growth in the second quarter of 2023, with the gross domestic product (GDP) rising at a rate of 2.1%, falling short of the Federal Reserve’s initial prediction of 2.4%.
I’m the Former VP of HR at Microsoft. I’ve Witnessed Many Bad Managers in My Career — and They Almost All Had These 4 Traits.
Here’s what to look for—and learn from.
Ben Affleck, Matt Damon Offered to Pay Jimmy Kimmel’s Staff Amid Writer’s Strike: ‘They Wanted to Pay Out of Their Own Pockets’
Kimmel launched the “Strike Force Five” podcast with other late-night legends Jimmy Fallon, Seth Meyers, Stephen Colbert, and John Oliver.