AI startup writer raises $100 million to take on ChatGPT enterprise
Firms like Spotify, Uber and Accenture use Writer’s generative AI tools to research, create and analyze content.
Investing
X/Twitter may go behind a paywall, Elon Musk says
Musk said that he would charge “a few dollars” or “a small amount of money” for all users on X.
Elon Musk’s ‘ludicrous’ Cybertruck is almost here – but will anyone buy it?
Elon Musk’s hard-edged electric reinterpretation of the pickup truck excites his fans, puzzles auto experts and frustrates environmentalists.
Foot Locker gets credit rating lowered to junk
New York-based footwear and apparel retailer Foot Locker Inc. reported weaker than expected second-quarter earnings amid elevated promotional activity and weak consume…
‘First of its kind’: Sydney retail software goes global after $8 million boost
An Australian retail analytics platform has expanded into fashion hotspots New York and London after a significant Series A raise.
UAW goes on strike against big three automakers
The targeted strike won’t involve all of the union’s nearly 150,000 members and marks a “new approach” to industrial action.
Arm, the largest IPO of the year, explodes 17% in first day of trading
The largest IPO in 22 months, Arm opened with a $54.5 billion market capitalization.
Unicorn startup Airtable lays off 27% of firm, shifts focus to big clients
Airtable, the code-free software company that was recently valued at $11.7 billion, today announced that it will lay off 237 people, or 27% of the company.
Forbes Power Women’s Summit 2023: Power Rising
Live coverage of the Forbes Power Women’s Summit.
Two more countries join France in investigating iPhone 12 radiation levels
It started with France; see what other European countries are expressing concern over radiation levels emitted by Apple products.