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Hang out with Ars in San Jose and DC this fall for two infrastructure events

Arstechnica

Arstechnica · 11m ago

Hang out with Ars in San Jose and DC this fall for two infrastructure events

Ars Technica is partnering with IBM to host two in-person events, one in San Jose, California on September 18th, and another in Washington, DC on October 29th. The San Jose event will focus on the future of data management with generative AI, discussing topics such as infrastructure vulnerabilities and environmental impact. The event will take place at the Computer History Museum. The Washington, DC event will shift the focus to policy-centric discussions, covering topics like compliance with emerging technologies and data security in the age of AI. The event will be held at the International Spy Museum. Interested attendees can register for tickets on the respective sign-up pages.

Related News

Google to pay $100 million to settle advertisers' class action

Economic Times

Economic Times · 3m ago

Google to pay $100 million to settle advertisers' class action

Google has agreed to a $100 million settlement to resolve a lawsuit accusing it of overcharging advertisers by not providing promised discounts and charging for out-of-target ad clicks. The class action, filed in 2011 and settled in a San Jose federal court, involved Google's AdWords program. Google denied wrongdoing but settled to resolve issues with outdated ad features. Advertisers using AdWords from 2004 to 2012 are covered under the settlement.

Elon Musk's X is leaving San Francisco; city officials say 'good riddance'

Economic Times

Economic Times · 10m ago

Elon Musk's X is leaving San Francisco; city officials say 'good riddance'

Elon Musk is closing the San Francisco headquarters of his social media company, X, and moving its employees to offices in Palo Alto and San Jose, California, with new headquarters set to be established in Texas. San Francisco officials are not upset about the departure of X, as the company had changed significantly since its initial tax break to anchor the tech hub in the city's Mid-Market neighborhood. The acquisition of X by Musk and subsequent job cuts due to the pandemic had diminished the company's presence in San Francisco.

Lendlease, Google end development deals for San Francisco Bay Area projects

Economic Times

Economic Times · 1y ago

Lendlease, Google end development deals for San Francisco Bay Area projects

Australian developer Lendlease has announced the termination of its development services agreements with Google for four master-planned districts in the San Francisco Bay Area. This decision came after a review by Google of its real estate investments and mutual agreement that the agreements are no longer beneficial. Lendlease had previously secured a $15 billion contract from Google to develop residential, retail, and hospitality spaces in Sunnyvale, San Jose, and Mountain View. The termination reflects the challenging market conditions in California's commercial real estate sector due to remote working and declining property values.

Not just a cold play: How Zomato can make District a blockbuster

Livemint

Livemint · 9m ago

Not just a cold play: How Zomato can make District a blockbuster

Zomato, the popular food delivery platform, is entering the live events industry with its latest acquisitions of Paytm subsidiaries Wasteland Entertainment and Orbgen Technologies. The move is part of Zomato's strategy to expand its District app, which combines dining out with live events. However, the live events business can be challenging, with high upfront investments and a long time to break even. Zomato will need to build a diverse portfolio of events to generate year-round revenue, while also facing infrastructure constraints and competition from established players like BookMyShow.

Adani, MG Motor India Ink Pact To Boost EV Charging Network

Inc42 · 1y ago

Adani, MG Motor India Ink Pact To Boost EV Charging Network

Adani TotalEnergies E-Mobility, a subsidiary of Adani Total Gas, has signed an MoU with MG Motor India to strengthen the electric vehicle charging infrastructure in the country. As part of the partnership, ATEL will install CC2 60 kW DC chargers at MG dealerships and provide a comprehensive solution for charging infrastructure. The two companies will also explore the integration of public charging stations across platforms and introduce a digital platform for a seamless customer experience. This collaboration reflects their commitment to sustainable mobility and aims to empower Indian consumers to embrace electric mobility.

Tech - Weekly News Recap: May 19-25 | DeepNewz

Business Bytes

Business Bytes · 1m ago

Tech - Weekly News Recap: May 19-25 | DeepNewz

This week in tech, Alphabet's Waymo received approval to expand its driverless service to San Jose, while Google partnered with Xreal and Warby Parker to develop Android XR glasses. Robinhood proposed a framework for tokenized assets, potentially transforming Wall Street. Nvidia explored investing in PsiQuantum, emphasizing interest in quantum computing. Additionally, Tesla plans to launch a robotaxi service in Austin, Qualcomm aims to enhance AI tasks in data centers, and Google introduced real-time speech translation via Google Meet.

Faraday Future avoids eviction at its LA headquarters — for now

TechCrunch · 1y ago

Faraday Future avoids eviction at its LA headquarters — for now

Faraday Future, an electric vehicle startup, has reached an agreement with its landlord, Rexford Industrial, to temporarily stay in their Los Angeles headquarters. This agreement is conditional on Faraday Future meeting certain requirements and making specified payments. The company is facing financial troubles and reported having $8.5 million in cash as of September 2023. Faraday Future is also dealing with a separate case where it allegedly stopped making lease payments and owes $127,311.16 to the landlord of another office space in San Jose.

Investment platform Linqto to go public via $700 mln SPAC deal

Reuters · 1y ago

Investment platform Linqto to go public via $700 mln SPAC deal

Investment platform Linqto has struck a deal to go public in a $700 million merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition. Linqto, based in San Jose, California, enables users to invest in startups valued at over $1 billion and other private companies. This move follows a trend of companies choosing to go public with SPACs, despite recent regulatory scrutiny. The deal is set to close in the second half of 2024, and the combined company will operate under the name Linqto.

SaaS firm Nirmata raises $9.6 million from Peak XV’s Surge, others

Economic Times

Economic Times · 5m ago

SaaS firm Nirmata raises $9.6 million from Peak XV’s Surge, others

Nirmata, a software solutions provider, secured $9.6 million in funding led by Peak XV’s Surge, with participation from other investors. The San Jose company aims to expand its India operations, enhance its go-to-market strategy, and accelerate product development. Specializing in Kubernetes policy and governance, Nirmata's main product, Kyverno, has become a key tool in security and compliance for cloud-native applications. The company plans to double its workforce and reach 60-100 global customers.

California allows Chinese robotaxi firm WeRide to test with passengers

Economic Times

Economic Times · 11m ago

California allows Chinese robotaxi firm WeRide to test with passengers

China-based autonomous driving startup WeRide has obtained approval from the California Public Utilities Commission (CPUC) to test its driverless vehicles with passengers. The three-year permit allows WeRide to transport passengers in test vehicles, both with and without a driver present. However, the company is not permitted to offer rides to the general public or charge any fares. WeRide will operate in the San Jose area with 12 active vehicles. WeRide is seeking a valuation of up to $5 billion through its upcoming IPO in New York.

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