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Matthew Prince Wants AI Companies to Pay for Their Sins

My evidence that we're onto something is we've seen a handful of content deals, and the company that has gotten the best deal by far is Reddit. We know from their public filings that last year they got close to $140 million a year from Google and OpenAI. Hmm. If you compare that with a similar deal that was done for The New York Times, they got about $20 million. So Reddit got seven times more than The New York Times. Why? Well, maybe it's crazy … I think I know where you're going, and I'm go

AI Not Affecting Job Market Much So Far, New York Fed Says

By Michael S. Derby NEW YORK (Reuters) -Rising adoption of artificial intelligence technology by firms in the Federal Reserve's New York district has not been much of a job-killer so far, the regional Fed bank said in a blog on Thursday. "Businesses reported a notable increase in AI use over the past year, yet very few firms reported AI-induced layoffs," New York Fed economists wrote in the blog. "Indeed, for those already employed, our results indicate AI is more likely to result in retrainin

Topics: ai fed firms new york

Waymo granted permit to begin testing in New York City

Waymo is getting one step closer to rides in New York City. The Alphabet autonomous vehicle subsidiary received its first permit from the New York Department of Transportation on Friday to start testing in New York City, Mayor Eric Adams announced Friday. The rollout is the city's first autonomous vehicle testing launch. Waymo will start testing up to eight vehicles in Manhattan and Downtown Brooklyn through late September with the potential to extend the program. New York state law requires t

Autonomous Vehicles to Hit the Streets of NYC for the First Time

As if New York’s taxi drivers didn’t get squeezed enough by the Ubers and Lyfts of the world, New York City Mayor Eric Adams announced on Friday that the New York Department of Transportation has granted Google’s autonomous vehicle subsidiary, Waymo, a permit to test its self-driving cars in the city. It’ll be the first fully self-driving car to operate within the city. Waymo will roll out eight vehicles in New York City starting in September, and they will operate in Manhattan and Downtown Bro

Waymo granted first permit to begin testing autonomous vehicles in New York City

Waymo is getting one step closer to rides in New York City. The Alphabet autonomous vehicle subsidiary received its first permit from the New York Department of Transportation on Friday to start testing in New York City, Mayor Eric Adams announced Friday. The rollout is the city's first autonomous vehicle testing launch. Waymo will start testing eight vehicles in Manhattan and Downtown Brooklyn through late September with the potential to extend the program. New York state law requires the com

Silicon Valley Is Panicking About Zohran Mamdani. NYC's Tech Scene Is Not

In the weeks since Zohran Mamdani’s New York City Democratic primary win on June 20, a slew of tech executives who do not have a primary residence in the city or state of New York have been panicking about the prospect of him becoming mayor. Every member of the popular All-In podcast, including current White House “AI and crypto czar” David Sacks, has raised alarms on X about the prospect of a Mamdani mayoralty. “Wake up, Silicon Valley,” Sacks posted on June 29, sharing a video of Mamdani on

Silicon Valley Is Panicking About Zohran Mamdani. NYC’s Tech Scene Is Not

In the weeks since Zohran Mamdani’s New York City Democratic primary win on June 20, a slew of tech executives who do not have a primary residence in the city or state of New York have been panicking about the prospect of him becoming mayor. Every member of the popular All-In podcast, including current White House “AI and crypto czar” David Sacks, has raised alarms on X about the prospect of a Mamdani mayoralty. “Wake up, Silicon Valley,” Sacks posted on June 29, sharing a video of Mamdani on

New York Takes Zelle to Court Over Alleged Fraud on the Platform, Claims $1 Billion Lost

Arguably, the entire selling point of Zelle as a platform is that it is owned by big banks that ostensibly are invested in making sure that your money is safe. Turns out security was not the priority that you might imagine, according to New York Attorney General Letitia James. In a lawsuit against the money transfer, the top prosecutor for New York State claims that customers have lost more than $1 billion to fraud on Zelle, which was enabled by a lack of sufficient protections. In the suit, Ja

Tesla is hiring robotaxi test drivers in New York City, but company hasn't applied for permits

Tesla is recruiting test drivers in New York to operate cars with "automated driving systems," but the company hasn't applied for the permits it would need to test autonomous vehicles in the nation's largest city. A job opening on Tesla's website says the company is looking to hire vehicle operators in the borough of Queens. The hires will be "responsible for driving an engineering vehicle for extended periods, conducting dynamic audio and camera data collection for testing and training purpose

Revel shutters rideshare business, pivots to EV charging

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Posts from this author will be added to your daily email digest and your homepage feed. Revel is shutting down its ridehail business, citing heightened competition from rideshare leaders like Uber and Lyft. The company, which began as an electric moped business before shifting to rideshare, plans to pivot to electric vehic

The computer science dream has become a nightmare

In Brief Well, the coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights what’s happening on the ground. The individual stories are surreal. Manasi Mishra, 21, graduated from Purdue after being promised six-figure starting salaries, on

Topics: ai job jobs mishra york

Researchers Uncover Hurricane Sandy’s Hidden Death Toll

More than a decade after Hurricane Sandy flooded the East Coast and killed over 200 people, a new study has revealed the storm’s lasting impact on mortality risk among older adults. The researchers linked hurricane flood exposure to a 9% increase in risk of death for people over the age of 65 who continued living in the area after landfall. Experts estimate that Hurricane Sandy caused over $60 billion in damage after it made landfall in 2012. Record-breaking storm surge and catastrophic floodin

Robert Wilson has died

Robert Wilson, a visionary artist best known for his highly visual and stylised approach to theatrical performances, has died, aged 83. According to a statement released by the Watermill Center, the arts organisation he founded in Water Mill, New York, Wilson died at his home there on Thursday (31 July) following “a brief but acute illness”. “While facing his diagnosis with clear eyes and determination, he still felt compelled to keep working and creating right up until the very end,” the state

You Can Now Get Starlink for Just $15 a Month in New York, but There Are Still Some Hurdles

Starlink has brought high-speed internet to millions of rural Americans for the first time. It’s also one of the most expensive internet service providers in the country. So, how is it available in New York for just $15 a month? If Starlink wants to sell internet in the state, it has no choice. That’s thanks to the Affordable Broadband Act, a New York state law passed in January. However, customers will still have to pay $349 upfront for Starlink's equipment kit. That might be an insurmountable

Starlink Just Rolled Out a $15-Per-Month Plan in New York, but You’ll Have to Qualify to Sign Up

Starlink has brought high-speed internet to millions of rural Americans for the first time. It’s also one of the most expensive internet service providers in the country. So, how is it available in New York for just $15 a month? If Starlink wants to sell internet in the state, it doesn’t have a choice. That’s thanks to the Affordable Broadband Act, a New York state law passed in January. Customers will still have to pay for $349 upfront, however, which will likely be an insurmountable cost for

Tesla's change in bylaws to limit shareholder lawsuits slammed by New York state officials

In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New York State are now asking Tesla to delete the bylaw entirely. Overseers of the New York State Common Retirement Fund, which owns about 0.1% of Tesla's shares, submitted a formal proxy proposal and letter to the company on July 11, and shared it with CNBC

Two People Die After Flash Floods Slam Northeast U.S.

At least two people died in New Jersey Monday amid flash floods sparked by extreme rain. The torrential downpour lashed vast swaths of the Northeast U.S. Monday, inundating New York City, New Jersey, Pennsylvania, and the Washington, D.C. metro area. Fast-rising waters stranded vehicles, shut down transit lines, and prompted water rescues across the region, just a week after flash floods killed more than 100 people in Texas; as of Monday evening, there were at least 185 reports of flooding acro

You Can Now Get Starlink for $15-Per-Month in New York, but There’s a Catch

Starlink has brought high-speed internet to millions of rural Americans for the first time. It’s also one of the most expensive internet service providers in the country. So, how is it available in New York for just $15 a month? If it wants to sell internet in the state, it doesn’t have a choice. That’s thanks to the Affordable Broadband Act, a New York state law passed in January. The law says that major ISPs (those serving 20,000 households or more) operating in New York must offer plans sta

OpenAI, Microsoft and Anthropic Pony Up $23M to Teach Teachers About AI

The American Federation of Teachers is using $23 million in funds from three tech companies to launch a program to train educators on artificial intelligence. On Tuesday, the country's second-largest teachers' union announced $12.5 million from Microsoft, $10 million in funding and technical resources from OpenAI and $500,000 from Anthropic will be used for a New York-based hub to teach AI. The AFT is working in partnership with the United Federation of Teachers, a union representing New York s

Figma files for proposed IPO

Figma, Inc. (“Figma”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. Figma has applied to list its Class A common stock on the New York Stock Exchange under the symbol “FIG.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there

Figma Files Registration Statement for Proposed Initial Public Offering

Figma, Inc. (“Figma”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. Figma has applied to list its Class A common stock on the New York Stock Exchange under the symbol “FIG.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there

James Wan Offers a Mildly Discouraging Update on That ‘Train to Busan’ Remake

Released in 2016, Yeon Sang-ho‘s Train to Busan proved there were still plenty of fresh thrills to be mined from the zombie genre. It spawned an animated prequel and a sequel, and nobody was surprised when an American remake, to be titled The Last Train to New York, was announced. A 2023 release date made things official… almost. Obviously, The Last Train to New York—which at one point had Timo Tjahjanto (May the Devil Take You, this year’s Nobody 2) attached to direct and Gary Dauberman (It an

Sam Altman comes out swinging at The New York Times

From the moment OpenAI CEO Sam Altman stepped onstage, it was clear this was not going to be a normal interview. Altman and his chief operating officer, Brad Lightcap, stood awkwardly toward the back of the stage at a jam-packed San Francisco venue that typically hosts jazz concerts. Hundreds of people filled steep theatre-style seating on Wednesday night to watch Kevin Roose, a columnist with The New York Times, and Platformer’s Casey Newton record a live episode of their popular technology po

Best Internet Providers in New York, New York

If you’re living in the city that never sleeps, you’ll need an internet connection that's both fast and reliable. New York has several internet service providers, but not all are worth your money. What is the best internet provider in New York? After hours of research and testing, Verizon Fios is CNET's recommendation for the best internet service provider for most New Yorkers thanks to its fast, symmetrical fiber-optic speeds and competitive pricing. New York City also boasts a variety of oth

Interview with Francine Prose [audio]

play pause 00:00 00:00 Update Required To play the media you will need to either update your browser to a recent version or update your To play the media you will need to either update your browser to a recent version or update your Flash plugin “I really loved it,” Francine Prose says of Nixon-era San Francisco in this episode of The World in Time, “but I also knew I wasn’t going to live there forever. Everyone I knew was living in these group houses in Berkeley, and then in the city itself,

Interview with Francine Prose on early-1970s San Francisco [audio]

play pause 00:00 00:00 Update Required To play the media you will need to either update your browser to a recent version or update your To play the media you will need to either update your browser to a recent version or update your Flash plugin “I really loved it,” Francine Prose says of Nixon-era San Francisco in this episode of The World in Time, “but I also knew I wasn’t going to live there forever. Everyone I knew was living in these group houses in Berkeley, and then in the city itself,

Tesla and Google’s Robotaxis Still Really Aren’t That Autonomous

Tesla’s impending robotaxi service comes with a whole list of caveats you’ll need to agree to before you huddle into the backseat of its autonomous vehicles. Or, perhaps they’re not really that autonomous. The first Tesla Model Y Cybercab services will be limited to select participants (including Tesla influencers), but even then drivers can expect to have a “safety monitor” in the driver’s seat. This may be a remote individual making sure the cars don’t cause any vehicular snafus, but it also s

Waymo will start testing its autonomous cars in New York again

Waymo's autonomous cars are heading back to New York City in July, the company announced today. Cars will be manually driven for now, not unlike the mapping tests Waymo ran in 2021, but the company says it ultimately wants to bring the same autonomous ride-hailing service it offers in San Francisco, Phoenix and Los Angeles to NYC. New York state law currently doesn't allow for the operation of a vehicle without a human driver, an obvious obstacle for a company like Waymo. As a bridge to offerin

Waymo cars are coming to New York, but with a driver behind the wheel

Residents of New York City will soon start seeing Waymo cars cruising the avenues. But at least for now, a human will be in the driver's seat. Alphabet 's self-driving car unit announced on Wednesday that it plans to drive vehicles manually in New York, marking the first step toward potentially cracking the largest U.S. city. Waymo said it applied for a permit with the New York City Department of Transportation to operate autonomously with a trained specialist behind the wheel in Manhattan. "W

Topics: city new said waymo york

Waymo’s robotaxis are coming back to New York City

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Waymo announced today that it intends to launch a fully autonomous robotaxi service in New York City — but first it needs to change state law to permit its vehicles to operate with safety drivers behind the wheel. The Alphabet-owned company said it has applied for a permit from the city’s Department of Transportation to te