Steve Jobs famously told Houston his startup was “a feature, not a product” when trying to acquire it back in 2009. Houston turned down the nine-figure buyout offer and Apple went on to launch iCloud. Houston, now 43 and worth about $2 billion, leaves behind a service used by millions worldwide. He now wants to do something entrepreneurial with — you guessed it — AI.
The deal will pay some workers in Samsung’s highly profitable memory chip unit around $416,000 this year, while employees in other chip units will receive less, and those in its consumer electronics divisions are set to receive very little by comparison. Payouts are pegged to Samsung hitting profit milestones through 2028.
It’s rolling out now in partnership with Instacart to more than 25 US cities, with car rentals joining private car hires later this summer:
Have groceries waiting at your Airbnb when you arrive, or order them any time during your trip. In select cities, hosts can even receive the order and pre-stock your home before you check in. Airbnb guests get $0 delivery and $10 off an order of $50 or more.
President and COO Gwynne Shotwell took to X to comment on yesterday’s vague commitment by AT&T, T-Mobile, and Verizon to plug the long-standing gaps in rural US coverage, as frustrated residents adopt solutions from Starlink, Amazon, and AST SpaceMobile:
Weeeelllll, I guess @Starlink Mobile is doing something right! It’s David and Goliath (X3) all over again — I’m bettin’ on David :)
Although Shotwell’s SpaceX is hardly the underdog with over 10,000 Starlink satellites in orbit, and the only company with a fleet of proven relaunch vehicles.
The US company best known for its rugged cases entrusted by professional photographers is branching out with its Pelican Crate series for overlander types. The modular cargo system offers IP67 resistance to dust and water, tie-down points, Molle panels, interior dividers, and dual-action removable lids to keep everything organized, accessible, and protected. Available June 2nd starting at $249.95 (45L) and $299.95 (90L).
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The new supervision feature shows the topics that teens have asked Meta AI about over the last week and is available now in the US, UK, Australia, Canada, and Brazil. It also works on Facebook… as if teens use Facebook. It builds upon previous work to alert parents if their kids repeatedly search for self-harm topics.
A new survey suggests that AI will only help the rich get richer. “The rhetoric out there is that the tools are going to be democratizing. But the reality is that . . . you require a certain degree of education, abstract and quantitative skills, familiarity with computers and coding in order to be using the models,” said MIT professor Daron Acemoglu, who’s also a Nobel laureate in economics. “AI is going to increase inequality between labour and capital. That is almost for sure. I would say it is setting us up for a . . . shitshow.”
