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Dropbox founder Drew Houston steps down as CEO after 19 years as the company he built gets squeezed by Google and Apple

  Drew Houston, the co-founder who built Dropbox from a Y Combinator demo into a company with more than 700 million registered users, is stepping down as chief executive. Ashraf Alkarmi, Dropbox’s current head of product, has been named co-CEO effective immediately. After a transition period, Houston will become executive chairman and Alkarmi will take […]

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Pony AI raises year-end fleet goal to 3,500 robotaxis after a strong Q1

Pony AI, the Beijing-based driverless car company, raised its 2026 year-end robotaxi fleet target on Tuesday to more than 3,500 vehicles, up from a previous 3,000, after reporting first-quarter robotaxi revenues that rose 395% year-on-year. The revised guidance came in the company’s Q1 2026 earnings release on Tuesday. Pony AI’s robotaxi fleet has already passed 1,700 vehicles, […]

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Uber president says AI spending is getting ‘harder to justify’

After reportedly exhausting its annual AI budget just four months into 2026, Uber is now questioning whether it’s actually seeing meaningful returns on its investments. In an interview with Rapid Response, Uber president and chief operating officer Andrew Macdonald said the company isn’t seeing a connection between rising token consumption for Claude Code and more […]

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McKinsey built a free AI tool so candidates stop paying $500/hour interview coaches

McKinsey launched a free AI practice tool in April that gives candidates unlimited attempts at the quantitative case study they will face in their interview. The tool is available globally to applicants for entry-level business analyst and associate roles. The firm says it is designed to level the playing field for candidates who cannot afford […]

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