Forbes

11 hours ago | forbes.com | Steve Baltin

In 1971, jazz giant Alice Coltrane performed a now iconic show at New York’s Carnegie Hall. Last year, that show was finally shared with the world as an acclaimed live album. And tomorrow night (May 16) her family return to Carnegie Hall to pay tribute to her music and celebrate her legacy. I spoke with her children, Ravi and Michelle Coltrane, as well as her nephew, Flying Lotus, about the show, why Alice’s music is more popular now than ever and her love of Carnegie Hall.

12 hours ago | forbes.com | Charlie Fink

Among funding announcements from new generative AI startups was underplayed AI/XR news from Meta, whose Ray Ban smart glasses got their expected boost this week with a Llama app upgrade. Apple is chewing its heart out with envy as it races to catch up. There’s plenty happening in the Metaverse, too, where Meta is not doing as well, spending gobs of cash on preteen-dominated Horizon Worlds in a seemingly futile attempt to catch up with Roblox and Fortnite.

14 hours ago | forbes.com | Charlie Fink

Cartwheel, a new 3D animation company founded by OpenAI scientist Andrew Carr and former Google creative director Jonathan Jarvis, has come out of stealth with a browser-based animation platform designed to dramatically accelerate the creation of character animation for games, films, advertising, and social content. The company also announced a $10 million funding round led by Craft Ventures, bringing its total raised to $15.6 million.

15 hours ago | forbes.com | Natalie Campisi

The job outlook for the Class of 2025 is murky, and the Federal Reserve’s interest rate decisions are a big reason why. The Fed doesn’t hire or fire workers, but its interest rate decisions influence how much it costs businesses to borrow, invest and expand. Higher interest rates can lead companies to slow hiring, while lower rates may do the opposite. Right now, those rates are high—and have been for more than a year—as the Fed tries to bring down inflation.

16 hours ago | forbes.com | Molly Bohannon

More than 32,000 users reported issues with the popular social media app TikTok late Thursday afternoon, according to reports on DownDetector.com. Key Facts TikTok users began reporting issues around 4:15 p.m. EDT, and rose to more than 32,000 by 4:45 p.m. EDT, according to DownDetector. Most of the issues reported, 82%, were with the app, though 16% were about server connection and 2% were about the website.