Taxi truce: Uber is teaming up with New York's yellow cabs

3/24/22 8:00PM

Back in 2011 Uber launched in New York City as a scrappy tech start-up that was hoping to disrupt the billion-dollar taxi industry. And disrupt it they did.Within 6 short years, Uber drivers were doing more trips per day than the iconic New York yellow cabs. That sent the cost of a taxi medallion, the transferable permits that allow taxicabs to operate in New York, plummeting down from the $1 million+ they cost at their peak to closer to $100k today.

‍A taxi truce

‍So it's something of a surprise that Uber has just announced a deal to list the city's taxicabs directly through the Uber app, ending more than a decade of fierce competition between Uber and the taxi companies.

Once launched, the integration means 14,000 taxis will be able to take trips from Uber customers through the app. That seems like a win for the tech company at a time when demand (and prices) have been surging, but it also means more potential customers for the taxi drivers, who are set to be paid at the same rate they always have been for any rides.

Anthropic: Our new “Mythos” model is so powerful, we can’t release it

The unusual announcement of the model highlights its alarming new cybersecurity capabilities.

Jon Keegan8h

Jon Keegan10h

Bloomberg: Apple’s foldable iPhone is on track for September after all

Scratch that... Actually, Apple’s foldable iPhone may be on track to debut later this year after all.

Hours after a report from Nikkei Asia said Apple was encountering engineering problems with the novel design that could lead to a delayed launch, Bloomberg’s Mark Gurman reports that sources within Apple say the premium foldable iPhone is still on track to launch in September, alongside the iPhone 18 Pro and iPhone 18 Max.

Shares of Apple had plunged more than 5% on word of a possible delay, but pared losses on Gurman’s story.

According to the report, the foldable iPhone will cost more than $2,000 and will be a key part of the company’s plan to revamp the iPhone lineup.

Apple’s Foldable iPhone Remains on Track for September Debut

Shares of Apple had plunged more than 5% on word of a possible delay, but pared losses on Gurman’s story.

According to the report, the foldable iPhone will cost more than $2,000 and will be a key part of the company’s plan to revamp the iPhone lineup.

Jon Keegan12h

Bezos poaches xAI cofounder from OpenAI for his Project Prometheus startup

The competition among AI startups for poaching top talent has a new contender.

The Financial Times reports that xAI cofounder Kyle Kosic has been poached from OpenAI by Amazon founder Jeff Bezos for his new AI industrial manufacturing startup, Project Prometheus.

Kosic was one of the original 11 cofounders of xAI and worked on the Colossus data center. Kosic left xAI in 2024 to return to OpenAI. Elon Musk is the last xAI cofounder still working for the company.

According to the report, Kosic will work on AI infrastructure in his new role at Project Prometheus, which has reportedly hired hundreds of staff in San Francisco, London, and Zurich.

Jeff Bezos’s new lab hires xAI co-founder from OpenAI

According to the report, Kosic will work on AI infrastructure in his new role at Project Prometheus, which has reportedly hired hundreds of staff in San Francisco, London, and Zurich.

Jon Keegan14h

Report: Apple’s foldable iPhone may be delayed by engineering troubles

One of Apple’s key product launches for 2026 might be facing delays.

The company’s planned foldable iPhone has run into engineering problems during testing, and mass production could be delayed as a result, according to a report from Nikkei Asia.

The complexity of the novel design is reportedly taking longer than expected to perfect, and could push back the product’s launch by months.

Per the report, Apple planned to initially produce 7 million to 8 million of the foldable iPhones, which it intends to position as a premium entry in the new iPhone lineup.

This would be the second Apple foldable product that has faced delays due to engineering problems, as Bloomberg reported that a $3,000 foldable iPad would be delayed until 2029 or later.

Apple shares were down sharply in early trading.

Foldable iPhone hits engineering snags, shipment delays possible: sources

The complexity of the novel design is reportedly taking longer than expected to perfect, and could push back the product’s launch by months.

Per the report, Apple planned to initially produce 7 million to 8 million of the foldable iPhones, which it intends to position as a premium entry in the new iPhone lineup.

This would be the second Apple foldable product that has faced delays due to engineering problems, as Bloomberg reported that a $3,000 foldable iPad would be delayed until 2029 or later.

Apple shares were down sharply in early trading.

Jon Keegan4/6/26

Report: Some of Meta’s new AI models will eventually be open-source

Axios reports that Meta is close to releasing its first new AI models after setting up its “superintelligence” team led by former Scale.AI CEO Alexandr Wang, and some of the models will eventually be released with an open-source license.

Per the report, Meta sees an opportunity to focus on consumers, rather than the lucrative enterprise market that both OpenAI and Anthropic have been focusing on.

Meta had previously embraced open-source AI with its Llama models, with CEO Mark Zuckerberg writing a manifesto declaring open-source AI as “the path forward.” Axios says that Meta will be pursuing more of a hybrid strategy of proprietary and open-source models going forward.

The New York Times previously reported that Meta was delaying the launch of its new AI model because of performance issues.