 |
|
|
|||||
In its early days, the odds seemed good that YouTube was destined for failure. After a false start as a dating website, it wasnt clear whether the company could cover the cost of streaming video content, or avoid the fate of Napster, which was sued out of business for copyright infringement. But after getting acquired by Google in 2006, and deciding to share ad revenue with creators a year later, YouTube went on not only to survive, but also to revolutionize the entire media ecosystemfrom “double rainbows” to the “Ice Bucket Challenge.” In 2024, YouTube took in $36.3 billion in ad revenue, and today it is the most-watched video provider in the U.S.not just among streamers, but cable and broadcast TV as well. Fast Company spoke to CEO Neal Mohan and creators like Rebecca Black and Smosh about how YouTube continues to redefine what TV can be.
Category:
E-Commerce
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses on AI for engineering and manufacturing of computers, automobiles, and spacecraft, the New York Times reported on Monday. The company, called Project Prometheus, has garnered $6.2 billion in funding, partly from the Amazon founder, making it one of the most well-financed early-stage startups in the world, the report said, citing three people familiar with the company. This is the first time Bezos has taken a formal operational role in a company since he stepped down as the CEO of Amazon in July 2021. Though he is involved in Blue Origin, his official title at the space firm is founder. With the new startup, Bezos is entering a crowded AI market with several smaller firms attempting to break through with new software and products while in a race with industry mainstays such as the Microsoft-backed OpenAI, Meta, and Google. Reuters could not independently verify the report. Bezos and a representative did not immediately respond to a Reuters request for comment. Bezos’ co-chief executive is Vik Bajaj, a physicist and chemist who worked closely with Google’s co-founder Sergey Brin at Google’s X, a research effort often called The Moonshot Factory, the report said. Project Prometheus has already hired nearly 100 employees, including researchers from top AI firms such as OpenAI, DeepMind, and Meta, according to the Times. Zaheer Kachwala, Reuters
Category:
E-Commerce
Five students at U.S. military academies and three each from Yale University, Harvard University, and the Massachusetts Institute of Technology are among the 32 American winners named Sunday as 2026 Rhodes scholars. The group includes students focused on housing, health outcomes, sustainability, and prison reentry programs. They include: Alice L. Hall of Philadelphia, a varsity basketball player at MIT who also serves as student body president. Hall, who has collaborated with a womens collective in Ghana on sustainability tools, plans to study engineering. Sydney E. Barta of Arlington, Virginia, a Paralympian and member of the track team at Stanford University, who studies bioengineering and sings in the Stanford acapella group Counterpoint. Barta plans to study musculoskeletal sciences. Anirvin Puttur of Gilbert, Arizona, is a senior at the U.S. Air Force Academy who serves as an instructor pilot and flight commander. Puttur, who is studying aeronautical engineering and applied mathematics, also has a deep interest in linguistics and is proficient in four languages. The students will attend the University of Oxford as part of the Rhodes scholar program, which awards more than 100 scholarships worldwide each year for students to pursue two to three years of graduate studies. Named after British imperialist and benefactor Cecil John Rhodes, the scholarship was established at Oxford in 1903. The program has more than 8,000 alumni, many of whom have pursued careers in government, education, the arts, and social justice.
Category:
E-Commerce
All news |
||||||||||||||||||
|
||||||||||||||||||