GREY Journal Daily News Podcast

Apple agreed to a $35 million settlement over a class action lawsuit concerning faulty audio chips in iPhone 7 and 7 Plus models. The lawsuit, filed in 2019, claims that these devices had audio issue…

Mental health startup funding remains stable as demand for therapy rises. U.S. mental health spending reached around $280 billion in 2020 and continues to grow, with an increasing number of adults re…

Boeing plans to acquire Spirit AeroSystems for $4.7 billion in response to rising plane safety concerns and increased scrutiny from Congress, airlines, and the Department of Justice. Boeing, reversin…

Til Klein and Jochen Beutgen launched Identity.vc in 2023 to fill a gap in European venture capital for supporting LGBTQ+ founders. Based in Berlin, the firm aims to raise €50 million, with €15 milli…

Swae Lee rose from working at McDonald's to achieving multimillion-dollar success in the music industry through hard work, persistence, and genuine relationships. Starting with humble beginnings, his…

Silicon Valley adjusts its approach to diversity, equity, and inclusion (DEI). Scale AI’s Alexandr Wang shifts focus from DEI to "merit, excellence, and intelligence," receiving mixed reactions. Elon…

Walmart will introduce digital price labels in 2,300 stores over the next two years to improve efficiency and ease for both customers and employees. These digital markers will replace paper tags but …

This week, startups raised substantial funding with at least nine-figure deals. Sila Nanotechnologies led with $375 million to complete its plant in Washington for producing Titan Silicon anode mater…

Boston-based startup Eyebot secured $6 million to develop AI-powered kiosks for rapid 90-second vision exams, intending to simplify eye exams with prescriptions finalized by teledoctors. Provo, Utah’…

Hebbia, a startup founded in 2020 by George Sivulka during his PhD at Stanford, has raised nearly $100 million in a Series B funding round led by Andreessen Horowitz, valuing the company between $700…

Walgreens announced plans to close many underperforming stores nationwide. CEO Tim Wentworth cited the unsustainability of their current pharmacy model and stated they will evaluate 25% of their stor…

MagicSchool, a Denver-based AI startup, has secured $15 million in a Series A funding round led by Bain Capital Ventures to integrate AI tools in educational settings for both teachers and students. …

Nvidia's stock value has surged from $346 billion in January 2023 to $3.338 trillion in June 2024, growing by 3,000% over the past five years. This increase in stock value has turned many employees i…

OpenAI has significantly influenced the M&A and IPO markets, with notable acquisitions and rapidly growing revenue. Recently, OpenAI acquired search and analytics startup Rockset and video collaborat…

AI tools enhance productivity but expose firms to legal risks and ethical concerns. The integration of AI into workplace functions raises issues around unintended biases and data breaches, necessitat…

Low-priced Chinese electric vehicles might soon outpace American EVs through Mexican trade deals. Chinese carmakers setting up operations in Mexico could send inexpensive EVs into the United States, …

Project Nimbus, a joint venture between Amazon and Google, provides cloud services to the Israeli government. It includes artificial intelligence and machine learning tools. Critics accuse the projec…

Synthflow, a startup from Berlin, secured $7.4 million in a seed round for its no-code AI voice assistance platform tailored for small businesses. Founded in spring last year, Synthflow has raised $9…

AT&T's CEO John Stankey urges major tech companies, including Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla, to help subsidize U.S. internet and telephone access by contributing to the …

Onehouse secures $35 million in Series B funding to improve its data lakehouse solution, designed for generative AI applications. Founded by Vinoth Chandar, Onehouse evolved from the Apache Hudi proj…