Trailblazers

Foursquare Shifts Gears

Foursquare on Thursday announced that cofounder Dennis Crowley has assumed a new executive role, and that it has raised $45 million in a new round of funding led by Union Square Ventures. Crowley has moved from his perch as CEO into the newly created position of executive chairman, which will let hi...

Facebook CEO Mark Zuckerberg's 2016 resolution to challenge himself outside his work is to build a simple artificial intelligence assistant to run his home and help him do a better job juggling his business responsibilities. "You can think of it kind of like Jarvis in 'Iron Man,'" he suggested. Zuck...

Musk and Friends Launch OpenAI

The aim of OpenAI, which launched last week, is to use artificial intelligence to benefit society. The fledgling project has drawn $1 billion in funding from some of high tech's most recognizable names to help it achieve that goal. The nonprofit organization seeks to "advance digital intelligence in...

Facebook CEO Mark Zuckerberg on Wednesday posted a message of support to Muslims in the Facebook community and around the world. Zuckerberg's post stands in stark contrast to presidential candidate Donald Trump's verbal attacks on all Muslims, including his call earlier this week to ban them from en...

Australian police on Wednesday raided the home of a shadowy figure who just hours earlier had been outed as one of the original founders of bitcoin digital currency in two separate media reports. Identified in multiple media reports, Australian entrepreneur Craig Steven Wright was said to be the man...

Yahoo Spins in Reverse

Yahoo on Wednesday announced that its board of directors decided to suspend plans to spin off its Alibaba holdings and instead will undertake a reverse spinoff, transferring its other assets and liabilities to a newly formed company. The stock of the newly formed company will be distributed pro rata...

Facebook CEO Mark Zuckerberg and wife Priscilla Chan on Tuesday posted an open letter to their new baby daughter, Max, explaining why they plan to give away 99 percent of their Facebook shares -- worth about $45 billion currently -- to philanthropic causes. The couple intend to make the donations gr...

High-tech honchos and venture capitalists from around the world -- and one university -- on Monday officially announced their participation in the Breakthrough Energy Coalition, a new fund to support companies doing clean energy research. The coalition will invest in electricity generation and stora...

Google CEO Sundar Pichai on Thursday announced the appointment of Diane Greene, cofounder of VMWare and a current Google board member, to lead its cloud business operations. Google will acquire Bebop, another firm founded by Greene. Bebop is a new development platform that makes it easy to build and...

Are AI data center buildouts happening too fast?
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