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Apple’s Hiccup, Blue Apron Gets Picked Up

By Martin Peers · Sept. 29, 2023 3:00 PM PDT

It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones... It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income...

Dave Rogenmoser, cofounder of Jasper. Photo via Getty.

Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows

By Natasha Mascarenhas and Stephanie Palazzolo · Sept. 28, 2023 6:40 PM PDT · 8 comments

Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company. The drop in Jasper’s internal valuation could indicate that the growth of its AI-powered writing tool for marketers has slowed since the company... Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal...

Jony Ive. Photo via Getty.

The Beginning of the AI Phone Wars

By Kate Clark · Sept. 28, 2023 1:47 PM PDT · 3 comments

For years, Silicon Valley has been trying to figure out if hardware companies can generate venture scale returns, given the example of high-profile, venture capital–backed disappointments like Essential Products and Magic Leap. This challenging environment makes The Information’s recent reporting—that OpenAI CEO Sam Altman and iPhone designer... For years, Silicon Valley has been trying to figure out if hardware companies can generate...

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The Metaverse Real Estate Boom Turns Into a Bust

By Aidan Ryan · Aug. 3, 2022 2:08 PM PDT · 9 comments

The metaverse is in the midst of a real estate meltdown. Sales volumes and average prices for virtual land have plunged this year, part of a broader slide in crypto and non-fungible token prices. Soaring interest in virtual property spawned an industry that mirrors traditional commercial real estate—buyers develop land by adding virtual... The metaverse is in the midst of a real estate meltdown. Sales volumes and average prices for...

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The Forbes ‘30 Under 30’ Hustle

By Zoë Bernard · Sept. 25, 2019 7:00 AM PDT · 2 comments

Han Jin was in a panic. It was 2017 and the 29-year-old tech entrepreneur was saying goodbye to the final months of his third decade—and with them his dream of ever being selected for the Forbes 30 Under 30 list. In the days before online nominations for the list closed, Jin and the co-founders of his company—a virtual... Han Jin was in a panic. It was 2017 and the 29-year-old tech entrepreneur was saying goodbye to...

Binary Capital partner Justin Caldbeck. Photo by Peter DaSilva.

Silicon Valley Women Tell of VC’s Unwanted Advances

By Reed Albergotti · June 22, 2017 7:01 AM PDT · 9 comments

Half a dozen women working in the tech industry say they have faced unwanted and inappropriate advances from a well-connected Silicon Valley venture capitalist while discussing business. The allegations have come to light as the technology industry grapples with criticism over long-standing gender inequality and bias.The women say they faced... Half a dozen women working in the tech industry say they have faced unwanted and inappropriate...

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