Apple Inc. investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion efforts, though Chief Executive Officer Tim Cook said that the company may make some adjustments to the program.
Grubhub is cutting about 23% of its workforce and set the stage for more changes at the company following its takeover by Wonder Group Inc., the owner of Blue Apron.
Part of the main reason why Pharrell Williams says he launched Black Ambition was to “close the opportunity and wealth gaps derived from limited access to capital and resources.” Now in its fifth year, the Black Ambition Prize competition is open to early-stage entrepreneurs and innovators from backgrounds that have historically been overlooked by venture capital funding, prioritizing Black and Latinx founders.
Nvidia Corp., the top provider of chips used in new artificial intelligence computers, is extending a partnership with networking-gear maker Cisco Systems Inc. in a push aimed at making it easier for corporations to deploy AI systems.
A quick unwind in the shares of Tesla Inc. pushed the electric-vehicle maker’s market capitalization below the coveted $1 trillion-mark on Tuesday, amid reports of a stark slowdown in car sales in Europe.
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under Joe Biden to limit Beijing’s technological prowess.
NextFab Ventures is exclusively focused on helping hardware entrepreneurs. Their RAPID accelerator program provides early-stage startups with technical/business consulting, training, introductions to contract manufacturers, and access to funding networks.
European technology giants are exceeding expectations this quarter, joining financial and health-care companies as one of the reporting season’s best-performing segments.