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Tech

AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns

Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of...

Fintech Bench conducts layoff while others still work month-to-month

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it...

JetBrains releases Mellum, an ‘open’ AI coding model

JetBrains, the company behind a range of popular app development tools, has released its first “open” AI model for coding. On Wednesday, JetBrains...

Amazon Prime Day to return in July despite threat of tariffs

Amazon is bringing back its annual sales event, Prime Day, in July, the e-commerce giant said on Tuesday. This year, consumer demand for...

OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A

When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges...

The RealReal founder Julie Wainwright has a startling new memoir

Julie Wainwright has taken two companies public, an incredible feat by any standard. Yet in her new memoir, Time to Get Real, she...

DoorDash seeks dismissal of Uber lawsuit

DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling...

Wait, how did a decentralized service like Bluesky go down?

It turns out that decentralized social networks can go down, too. On Thursday evening, the decentralized social network Bluesky experienced a significant outage,...

IBM affected by DOGE cuts, downplays impact during Q1 earnings call

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled...

A Chinese AI video startup appears to be blocking politically sensitive images

A China-based startup, Sand AI, has released an openly licensed video-generating AI model that’s garnered praise from entrepreneurs like Microsoft Research Asia founding...

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