Sara Montes de Oca

Lululemon has publicly labeled founder Chip Wilson "misguided" in a shareholder letter, setting June 25 as its annual meeting date after settlement talks over the boardroom proxy contest collapsed last week.

170 DAYS AGO

Former Google CEO Eric Schmidt was repeatedly booed by University of Arizona graduates on Friday as his commencement address turned to AI advocacy, reflecting growing anxiety among new degree-holders entering an AI-disrupted job market.

170 DAYS AGO

Cerebras Systems' shares surged nearly 70% on their first day of trading Thursday, marking the largest U.S. tech IPO since Uber's 2019 debut — but the spotlight is already shifting toward SpaceX, OpenAI, and Anthropic, leaving much of the rest of the IPO pipeline in the shadows.

171 DAYS AGO

Russia-linked Secret Blizzard has transformed its long-running Kazuar backdoor into a modular, peer-to-peer botnet with 150 configuration options, designed to evade detection through decentralized internal communications and autonomous leader election.

171 DAYS AGO

The preprint server arXiv will ban all authors of a flagged manuscript from submitting for one year and permanently require peer review for their future work if inappropriate AI-generated content is found in their submissions.

172 DAYS AGO

Microsoft reversed its position on a password-in-memory vulnerability in the Edge browser and announced Cloud-Initiated Driver Recovery, a new Windows Update feature that lets the company remotely roll back faulty drivers without end-user action.

172 DAYS AGO

General Motors, Ford, and Stellantis have collectively shed more than 20,000 U.S. salaried jobs — 19% of their combined white-collar workforces — from recent peaks, with AI-driven workforce restructuring accelerating the trend at all three companies.

173 DAYS AGO

Hacker group TeamPCP is offering nearly 450 Mistral AI internal code repositories for $25,000 on a hacker forum, threatening to release the data publicly within a week if no buyer is found. The breach traces back to the Shai-Hulud software supply-chain attack.

173 DAYS AGO

Amnesty International security researcher Donncha Ó Cearbhaill turned a phishing attempt on his own Signal account into an investigation, uncovering a Russian government-linked campaign that had identified more than 13,500 targets.

173 DAYS AGO

The U.S. and China agreed at the Trump-Xi summit in Beijing to establish a protocol on AI safety best practices, with Treasury Secretary Scott Bessent saying the U.S. can engage China on the technology "because we are in the lead."

174 DAYS AGO

Cerebras Systems priced its IPO at $185 per share on Wednesday, above its revised expected range, raising $5.55 billion and valuing the AI chip maker at $56.4 billion on a fully diluted basis.

174 DAYS AGO

Trial testimony and discovery from Musk v. Altman reveal that Microsoft CEO Satya Nadella feared as early as April 2022 that OpenAI could displace Microsoft the way Microsoft once displaced IBM, shaping a partnership now worth over $100 billion.

174 DAYS AGO

Amazon is retiring its Rufus chatbot and replacing it with Alexa for Shopping, a new AI commerce tool that merges Rufus and Alexa+ and is embedded directly into Amazon's search results and app.

174 DAYS AGO

SoftBank reported a $46 billion yearly gain at its Vision Fund, with $45 billion of that tied to its investment in OpenAI, even as losses on Coupang, DiDi Global, and Klarna weighed on the rest of the portfolio.

175 DAYS AGO

Nvidia CEO Jensen Huang joined President Trump's China trip after Trump personally called him following media coverage of his absence from the original delegation. Huang boarded Air Force One in Alaska ahead of Trump's scheduled meetings with Chinese President Xi Jinping.

175 DAYS AGO

Waymo has voluntarily recalled about 3,800 robotaxis to fix a software flaw that allowed some vehicles to drive onto flooded roadways, the latest in a series of safety incidents for the Alphabet-owned autonomous vehicle company.

175 DAYS AGO

Exaforce has raised $125 million in a Series B round valuing the AI cybersecurity startup at $725 million, bringing its total funding to $200 million as demand for automated threat detection accelerates.

175 DAYS AGO

OpenAI CEO Sam Altman is set to testify Tuesday in the Elon Musk lawsuit in Oakland federal court, as board chair Bret Taylor wraps his testimony and a House committee presses Altman on potential conflicts of interest.

175 DAYS AGO