Tech Brew Ride Home Wed. 11/29 – Apple And Goldman Part Ways
Nov 29, 2023
Apple and Goldman Sachs are parting ways, raising questions about the future of the Apple credit card. Meanwhile, Stability AI is facing layoffs and considering a sale amid financial turmoil. GM is slowing down its Cruise self-driving unit to address safety concerns. Amazon introduces a new AI workplace assistant, Q, designed for efficiency. The podcast also explores highlights from the recent AWS conference and dives into this year's most streamed music on Spotify, showcasing Taylor Swift's dominance.
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Apple and Goldman Sachs Part Ways
- Apple and Goldman Sachs are ending their consumer partnership, including the Apple Credit Card and savings accounts.
- This marks a significant setback for Goldman's Main Street ambitions and a shift in focus back to its core clientele.
Unity Software Resets
- Unity Software is cutting jobs and ending its services deal with WetaFX.
- The company aims to refocus on its core business after the acquisition of Weta Digital's tools and engineering talent in 2021.
Stability AI Explores Sale
- Stability AI, facing financial pressures and investor concerns, has explored selling itself.
- Despite recent funding and a video generation product launch, high spending and leadership issues have created instability.