Author: Press Room
Tools for Humanity, the eyeball-scanning startup co-founded by Sam Altman, is laying off employees, according to an internal email viewed by Business Insider.The company has struggled to show how its iris-scanning “Orb” can generate revenue and win over regulators, despite a $2.5 billion valuation and millions of sign-ups. Investors like Andreessen Horowitz, Bain Capital, and Khosla Ventures have poured hundreds of millions of dollars into the venture, according to PitchBook.”As we enter the next step of our company strategy and operating priorities, we have made the hard decision to make changes to some roles and teams across the company,” Tools…
Jun 09, 2026, 1:46 AM ETiShares China Large-Cap ETF (FXI), EWJ, DXJ, FXY, EWH, GXC, CAF, PGJ, TDF, KBA, HSI, KWEB, MCHI, CQQQ, YINN, ASHR, YANG, CHIQ, CWEB, CXSE, KURE, AS51, SHCOMP, SENSEXBTC-USD, NKY:IND, AUD:USD, NZD:USD, USD:JPY, USD:CNY, USD:INR, USD:KRW, JPY:USD, CNY:USD, INR:USD, HKD:USDBy: Meghavi Singh, SA News EditorFabrikaCr Asian equity markets mixed on Tuesday taking cues from Wall Street’s overnight gains as chipmakers staged a strong recovery from Friday’s steep selloff. Market sentiment was further supported as investors closely monitored tech sector valuation adjustments and the status of a
If there was one phrase the company wanted people to remember from WWDC 2026, it was Apple Intelligence, its very Apple-y branding for its suite of AI features.Apple said its new AI software, which has undergone a broad overhaul, is being threaded through every product — including its phone-based digital assistant Siri and the Vision Pro wearable.Siri, in particular, is getting an AI glow-up (more on that below). Safari will be able to organize tabs by topic, monitor webpages for updates, and create custom extensions from a natural-language prompt. Messages, Mail, Calendar, Phone, Home, and Shortcuts are all getting new…
Cibus (CBUS) Monday said that Craig Wichner, a board member since November 2025, has been appointed as the company’s CEO. Peter Beetham, who has served as the company’s interim CEO, will continue his role as the company’s president and COO. Wichner
OpenAI said a world where everything is automated would be dangerous.In a blog post on Monday, CEO Sam Altman and OpenAI’s chief scientist, Jakub Pachocki, said they were “clear-eyed about the risks” of AI, despite the productivity benefits it brings.”Entirely automating everything is not the future we want,” the duo wrote in the post. “It would be unfulfilling, and it would be dangerous.”They said that AI systems must remain safe and subject to human control. And as AI systems become more capable, the human roles of “setting directions, making tradeoffs, applying judgment, and bringing values, taste, care, and responsibility to…
This as-told-to essay is based on a conversation with Astha Chaturvedi, 38, the founder of Mouri Living. Her words have been edited for length and clarity.After a decade in Big Tech and at McKinsey, I was working at Ripple in San Francisco when I decided to build my own startup.I traveled to India in 2024 to hire a CTO. While I was there, a cousin suggested I open an office in India, pointing out that the startup ecosystem was booming. That sent my husband and me down a rabbit hole of exploring a move.We’d spent about 15 years building our…
This as-told-to essay is based on a conversation with Clea Barry, 44, an interior designer who moved from Kansas City to Chiang Mai, Thailand, with her husband and three kids in 2022. It has been edited for length and clarity.My husband and I met 20 years ago, and our shared love of travel brought us together.Over the years, we lived in several cities across the US with our three kids, including San Diego and Denver. Before moving abroad, we were living in Kansas City, where my husband taught middle school and I worked as an interior designer.I traveled quite a…
All eyes are on Apple as the company spent Monday trying to answer the question that’s hung over the company since 2024: Can it finally deliver on the future it promised?At its 2026 Worldwide Developers Conference on Monday, the iPhone maker unveiled Siri AI, a long-awaited overhaul of its voice assistant, powered by a new generation of Apple Intelligence models developed in partnership with Google. It also announced a slate of new AI features across its ecosystem.The stakes are high for Apple. The company spent the past two years facing criticism and a class action lawsuit after many Apple Intelligence…
Earnings Call Insights: Vail Resorts (MTN) Q3 2026 Management View “The historically adverse weather conditions we discussed last quarter continued through March and April, which drove meaningful pressure on visitation and revenue in the quarter, particularly at our destination resorts in theSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha…
Apple wants older iPhones to run better.That’s why on Monday, Apple announced that one of its major efficiency improvements will be coming to iPhones as old as the iPhone 11 lineup.When iOS 27 arrives this fall, older iPhones will have access to an advanced CPU scheduler, a system already available on newer models that helps manage a phone’s workload.Stacey Ford, Apple’s vice president of OS program management, said the addition “will make older iPhones feel even more responsive.””Even when you’re doing a ton of things at once requiring a whole lot of compute, the CPU scheduler ensures the right work…