Technology

JPMorgan Chase says it’s been billed a total of $142 million in legal fees for the defense of Charlie Javice and Olivier Amar, respectively the founder and chief marketing officer at financial aid startup Frank. JPMorgan acquired Frank for $175 million in 2021, but earlier thai year, Javice and Amar were found guilty earlier of…

A federal jury in California ruled Friday that Apple must pay medical device maker Masimo $634 million for infringing a patent on blood oxygen monitoring technology. Reuters reports that the jury found that the Apple Watch’s workout mode and heart rate notification features violated Masimo’s patent. “This is a significant win in our ongoing efforts…

After a two-week blackout, YouTube TV and Disney announced Friday that they have reached a deal. In addition to bringing Disney networks like ABC, ESPN, and FX back to YouTube’s streaming TV service, the deal will also see ESPN make its new direct-to-consumer service available on YouTube TV at no additional price. YouTube will also…

The Pixel 10 Pro Fold won’t look very different if you place it next to last year’s Pixel 9 Pro Fold. Besides Google’s AI chops, there is not much of an overhaul at first glance. However, this is the first foldable to receive an IP68 rating, and that counts for something. Ever since companies started…

Payment technology company Pine Labs, backed by PayPal and Mastercard, won over public investors on Friday, finishing its first day of trading 14% higher even after lowering its valuation for its $440 million IPO. This makes it the second-largest Indian fintech listing this year after online brokerage Groww’s nearly $750 million debut earlier this week….

Tesla has published the most detailed look at the performance and relative safety of its advanced driver-assistance software, just a few weeks after Waymo’s co-CEO Tekedra Mawakana at TechCrunch Disrupt called on companies to release more data. On a new section of its website, Tesla claims that in North America, owners using the company’s Full…

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership…

After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years.   Zitron reported this week that in 2024,…

Andy Konwinski is concerned that the U.S. is losing its dominance in AI research to China, calling the shift an “existential” threat to democracy. Konwinski is a Databricks co-founder and the co-founder of the AI research and venture capital firm Laude. “If you talk to PhD students at Berkeley and Stanford in AI right now,…