Creator finance startup Karat has laid off staffers after raising $70 million earlier this year
Creator finance startup Karat Financial laid off staffers this month, four people familiar with the matter said. The cuts came a few months after the company raised $70 million in new funding. Karat declined to comment. Karat Financial, the creator finance startup, laid off employees this month, according to four people familiar with the matter.…
Leak: Elon Musk said he wants X to be a dating app, too, in an all-hands meeting on the anniversary of his Twitter takeover
In a video meeting on the anniversary of Musk’s Twitter takeover, there were some new ideas for X. One was for the platform to offer dating app features, people present for the call said. Such features tie into Musk’s ambition for people to “pay for everything” they do on the platform. After a year of…
The generative-AI hype hasn’t translated to cloud sales yet, as customers don’t know if they should jump in. Microsoft is the one exception.
Microsoft’s cloud unit reported 3% of its sales growth last quarter came from generative AI. Sales remained stable at Amazon Web Services and slipped at Google Cloud. Analysts say that AI hype may not translate to big sales for cloud providers until at least 2025. With the exception of Microsoft, the promise of a generative-AI…
The NBA is shooting for a new media rights deal worth up to $60 billion, nearly triple its previous pact, that will pay teams and players millions more
The NBA season tipped off this week, but media insiders are following off-the-court action. The NBA’s TV deal expires after the 2024-25 season, and it’s seeking a massive increase in rights fees. Analysts and other insiders described how the deal could shake out — and how players will be impacted. The NBA is implementing a…
Apple TV+ is raising prices and expanding its content ambitions — here are the shows and movies it wants now, per leaked Hollywood agency documents
Apple TV+ is growing its content slate, even as the spending binge of peak TV winds down. Leaked agency documents and industry insiders highlight what’s on Apple’s streaming wish list now. It wants “female-forward” films, reality shows with “Apple premium sheen” and a version of sci-fi thriller “A Quiet Place.” Apple TV+ is a minor…
AI chip startup Graphcore was meant to be a hot Nvidia rival. Industry insiders now think it’s up for sale.
British investors are pessimistic about the prospects of Graphcore, once billed as a rival to Nvidia. The firm, which makes AI chips, reported surging losses, layoffs, and office closures. Industry sources are speculating the firm will be sold or raise funds in a deal resembling a sale. Not every AI startup is popular right now.…
4 stocks that a trio of the world’s best money managers are placing massive bets on — plus 4 investing philosophies and strategies that fuel their success
Bill Ackman, Michael Baron, and Charlie Munger are among the most successful investors. In recent interviews and a book, they shared tips on how to succeed in the stock market. They include portfolio concentration and investing in quality companies with good management. Investing does not have to be a dangerous endeavor. Today, you can invest…
FDA Should Recall ‘Adulterated’ Pfizer COVID-19 Vaccine: Robert Malone
Experts believe Pfizer’s COVID-19 vaccine is tainted due to the presence of an unknown DNA sequence. According to Dr. Robert Malone, a vaccine expert whose work has been cited by Pfizer, this should prompt a recall by the US Food and Drug Administration (FDA).”It should absolutely be recalled,” Dr. Malone told The Epoch Times.”Will the…
Cancers Appearing in Ways Never Before Seen After COVID Vaccinations: Dr. Harvey Risch
According to Dr. Harvey Risch, there is evidence that cancers occur in greater numbers after people receive COVID-19 vaccinations. Dr. Risch is an emeritus epidemiology professor in the Department of Epidemiology and Public Health at Yale School of Public Health and Yale School of Medicine. His research has primarily focused on cancer causes, prevention, and…
