After months of private scuffles, Byju’s and some of its largest investors are now taking their fight public. Byju’s, once India’s most valuable startup, said Friday its investors do not have the voting right to seek leadership changes, a day after a group of shareholders called for an extraordinary general meeting to remove founder Byju […]
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Apple’s Vision Pro headset is set to release for consumers today, but YouTube is not currently building a dedicated app for the device. To fill that void, Christian Selig, the developer who made Apollo for Reddit client, has made a Vision Pro app for YouTube called Juno. The app costs $5 for a one-time purchase and […]
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Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some startup teams are now looking to […]
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Nearly a week after Apple announced big changes to the App Store because of the European Union’s Digital Markets Act (DMA) rules, the company said that the market represents 7% of its global App Store revenues. The company’s chief financial officer Luca Maestri said that the monetary impact of these changes will depend on choices […]
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Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. Paytm fell to 487 Indian rupees, or $5.88 within minutes of the market opening, the lowest it has hit in 55 weeks. Paytm shares also […]
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Xpeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said at an event this week that it will start developing its highway-specific Navigation Guided Pilot (NGP) for global users in 2024, while the international version […]
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Well, that was fast. A settlement has been reached just one day after District Attorneys from 25 California counties filed a lawsuit against Tesla over allegations the automaker repeatedly mishandled hazardous waste at its facilities throughout the state. Tesla has agreed to pay $1.3 million in civil penalties and $200,000 to reimburse the costs of […]
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The U.K. government is taking too “narrow” a view of AI safety and risks falling behind in the AI goldrush, according to a report released today. The report, published by the parliamentary House of Lords’ Communications and Digital Committee, follows a months-long evidence-gathering effort involving input from a wide gamut of stakeholders including big tech […]
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Last night, I fell asleep under the stars, the chirp of crickets intermingling with the old radiator’s whistle off in the distance. I just finished an episode of Justified: City Primeval on the big screen. It was a constant 68 degrees, but I tucked myself into the duvet, nonetheless. For tonight, I’m thinking the surface […]
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Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple’s compliance with the EU’s new Digital Markets Act (DMA) regulation, which forces Apple to open up its App Store and allows developers to use their own payment systems, among other things. During Meta’s Q4 earnings call this afternoon, Zuckerberg responded to an investor […]
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