The much-anticipated initial public offering (IPO) of Instacart saw a 40% surge in the company’s shares upon their debut on the Nasdaq exchange. Opening at $42, the IPO valued Instacart at approximately $10 billion on a fully diluted basis, significantly lower than its private market valuation of $39 billion during the early months of the
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Google has announced a significant upgrade to its conversational AI system, Bard, with the aim of making it more useful in daily tasks and improving its accuracy. This upgrade allows Bard to directly access information from popular Google productivity apps like Gmail, Docs, Maps, Flights, and YouTube, enabling it to provide more comprehensive and personalized
The gaming industry has been buzzing with anticipation ever since the leak of a 2020-dated release schedule from a Microsoft court document that pertains to the acquisition of ZeniMax, the parent company of Bethesda. Although the leak is outdated and doesn’t reflect the current plans of Microsoft and ZeniMax, it provides valuable insights into potential
The ongoing strike by the United Auto Workers (UAW) at Ford, General Motors (GM), and Stellantis has sent shockwaves through the US auto industry. With negotiations at a standstill and both sides remaining far apart, uncertainty has emerged as the most powerful weapon wielded by the auto workers. This article examines the potential impact of
Elon Musk, the CEO of Tesla and the owner of the social media platform X, found himself engaged in a discussion with Israeli Prime Minister Benjamin Netanyahu over accusations of antisemitism. The conversation took place at Tesla’s offices in Fremont, California and was livestreamed on X. Musk vehemently defended himself against the allegations of antisemitism,
Elon Musk, the CEO of Tesla and owner of the social media platform X, recently engaged in a conversation with Israeli Prime Minister Benjamin Netanyahu to defend himself against accusations of antisemitism. The discussion took place at Tesla’s offices in Fremont, California, and was live-streamed on X. Musk has been involved in a dispute with
The United Kingdom’s carmaking industry is facing a significant obstacle in the form of a provision in the nation’s post-Brexit EU trade treaty. If not postponed, this provision will impose a hefty 10-percent tariff on electric vehicles, which could have severe consequences for the industry. Upon leaving the European Union in early 2021, the UK
Oracle, under the leadership of Larry Ellison, has announced its integration of an AI-powered Clinical Digital Assistant into its electronic health record (EHR) solutions during its annual health conference in Las Vegas. The move aims to help healthcare providers automate administrative tasks and focus more on patient care. This development comes as organizations from various
Marvel’s Avengers, the highly anticipated live service game developed by Crystal Dynamics, has faced a tumultuous journey since its release in September 2020. Despite initial excitement and high expectations, the game has struggled to meet sales goals and retain a thriving player base. Now, with its impending removal from sale, the developers have taken drastic
Apple released its highly anticipated iOS 17 software update for iPhones on Monday. This annual update brings a host of new features and improvements to enhance the user experience. Whether you have a relatively recent iPhone model or have been holding on to your device for a few years, iOS 17 is accessible to anyone