Tech

[ad_1] Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount had misled shareholders about its financing. Saying it wants to honor its initial agreement to sell to Netflix, WBD’s board wrote …

[ad_1] Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant’s AI chips, CNBC reported. If it materializes, the deal would value OpenAI at more than $500 billion, Bloomberg reported, citing an anonymous …

[ad_1] An administrative law judge has ruled that Tesla engaged in deceptive marketing that gave customers a false impression of the capabilities of its Autopilot and Full Self-Driving driver assistance software, a pivotal development in a years-long case initiated by California’s Department of Motor Vehicles. The judge agreed with the …

[ad_1] MoEngage, a customer engagement platform used by consumer brands across 75 countries, has raised $180 million in a Series F follow-on round just over a month after securing $100 million, with a majority of the latest funding providing liquidity to investors and employees through secondary transactions. In the latest …

[ad_1] Monzo chief executive TS Anil was asked to step down by the fintech’s board amid concerns over international expansion and his post-IPO commitment, according to reporting from the Financial Times. The FT reports that tensions built between Anil and the board before October’s somewhat unexpected announcement that former Google …

[ad_1] In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as customers of its “lifesaving” lidar sensors. Founder and CEO Austin Russell called it an “inflection point,” as Luminar prepped to have …

[ad_1] Elon Musk’s X is updating its Terms of Service to indicate it still lays claim to the “Twitter” trademark. The move to add this detail to the company’s terms follows an announcement from a Virginia-based startup, which recently filed an application to trademark the term “Twitter.” The startup, Operation …

[ad_1] Meta announced on Tuesday an update to its AI glasses that will allow you to better hear people talking when you’re in a noisy environment. The feature will initially become available on Ray-Ban Meta and Oakley Meta HSTN smartglasses in the U.S. and Canada, the company says. In addition, the glasses are getting another …

[ad_1] Digantara, an Indian space surveillance startup, has raised $50 million in a new funding round as it moves beyond space situational awareness into missile tracking, citing growing demand from governments for space-based defence capabilities. The all-equity Series B round included new investors such as 360 ONE Asset and SBI …

[ad_1] Cashmere sweaters are everywhere these days, often at unbelievably low prices. The appeal is obvious: if you’ve ever worn cashmere, you know it’s soft, light, and warm — an impressive fiber that’s hard to give up. Unfortunately, those bargain prices usually come with a catch. Cashmere comes from the …