Instacart, the San Francisco-based grocery delivery company, will likely postpone its IPO to 2023, chief executive Fidji Simo told employees via email on Thursday evening. “The markets are still extremely tumultuous making it highly unlikely that an IPO is possible for us in 2022,” Simo wrote in an email viewed by The Information. In the email to employees, Simo argued that the postponed...
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States Are Taking Baby Steps Toward Protecting Kids Online
Seat belts protect children in cars. Safety standards protect children from faulty or dangerous toys. All these are the result of regulatory mandates. And yet for far too long, social media companies have been allowed to develop addictive design features such as endless scroll, autoplay and push alerts that keep kids and teens hooked on their products. The longer vulnerable kids and teens are...
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Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.