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Ramp, the business card and expense software startup, has sold $150 million in existing shares held by employees and early investors at a $13 billion valuation, the company said on Monday. Buyers included Stripes, GIC, Thrive Capital, Khosla Ventures and General Catalyst. The announcement ...
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The Information
Dolly Parton met Carl Dean outside a laundromat on the day she moved to Nashville in 1964. Two years later, they tied the knot. Read more ›
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When Melania Trump visited the US Capitol Monday to discuss the "Take It Down Act," she wore a tan three-piece suit and matching heels. Read more ›
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Gov. Gavin Newsom's office said on Monday that the state employs 224,000 full-time workers, and over half already work in the office daily. Read more ›
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The DOGE-mandated credit card freeze is delaying shipments of critical supplies, stalling travel, and stopping employees from doing their jobs. Read more ›
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Canadians are angry over Trump's tariff threats and 51st-state comments, so they're taking aim at US brands by buying local. Read more ›
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The Dow Jones Industrial Average dropped as much as 848 points after the comments and the S&P 500 was down more than 2%. Read more ›
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The Gemini app has received an update that puts it in more places on an iPhone than Siri. Yet, it’s the superior functionality that puts Gemini far ahead. Read more ›
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Gutting USAID is already having a devastating impact around the world. In the Democratic Republic of Congo, teams that would normally be racing to identify a fatal sickness are gone. Read more ›
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In 2023, Congress passed a law that would require any president to seek approval before the US could leave NATO. Read more ›
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President Donald Trump, alongside with TSMC CEO CC Wei, just announced in the White House that the company is investing $100 billion to expand its Arizona facility. Read more ›
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Melania Trump is throwing her support behind something everyone can agree on: stopping deepfake nudes. It's a smart use of her voice. Read more ›
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This story appeared in the Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to the Logoff. Today I’m covering another purge at the Justice Department, where Donald Trump’s administration is taking revenge against high-ranking career prosecutors who prosecuted Trump allies over January 6 and […] Read more ›
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Two-fifths of the staff of the U.S. Chips Program Office are to be terminated, with 60 employees leaving today. Read more ›
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New SEC filings from pharmaceutical companies reveal Donald Trump and Elon Musk's cost-cutting measures could slow drug research and delay FDA approvals. Read more ›
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"Over time, they are a tax on goods. I mean, the Tooth Fairy doesn't pay 'em!" Berkshire Hathaway CEO Warren Buffett told CBS. Read more ›
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It's the latest warning from the Trump administration that it wants Big Tech left alone. Read more ›
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The Information
Deep in Queens, New York, out near John F. Kennedy Airport, Larry Fischer was distraught. One of his favorite Italian joints—Don Peppe, the place where he lunched with Facebook’s lawyers after selling them Messenger.com in 2014—had closed for vacation this past week. It had seemed like a fitting place for our conversation about another domain name deal he’s got in the works that he hopes can be even higher profile.... Read more ›
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Instagram is considering launching a stand-alone app for its short-form–video feature, Reels, Instagram chief Adam Mosseri told staff this week, according to a person who heard the remarks. Such an app would be similar to the TikTok experience of scrolling through videos, and would be Instagram’s most aggressive move so far to take advantage of its Chinese-owned rival’s uncertain position in the U.S. Instagram’s efforts to take on TikTok are... Read more ›
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Happy AI Agenda Live day! I’m so excited to see many of you at our event later today, where we’ll hear from executives at top AI firms like Anthropic and Google as well as venture capitalists and founders on what research breakthroughs are coming and where to invest.One topic we’ll be sure to broach is the growing pressure chief financial officers are putting on their colleagues to start showing a... Read more ›
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Meta Platforms is planning to launch a standalone app for its Meta AI chatbot in a bid to compete with OpenAI’s ChatGPT, CNBC reported, and also plans to test a paid subscription version. Launching a separate app would put Meta on a level playing field with its rivals in artificial intelligence. ... Read more ›
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Instagram has been firing on all cylinders to take advantage of the uncertainty around TikTok in the U.S. The latest: the Meta Platforms-owned app is now considering whether to spin out Reels into a separate app, as we were first to report on Wednesday. A separate app for Reels could make a lot of sense. Instagram has had an identity crisis in recent years as it has tried to balance... Read more ›
30
Cloud and chip executives have predicted for two years that Nvidia’s dominance in artificial intelligence server chips would crater, but that hasn’t come to pass. Yet Rene Haas, CEO of Arm Holdings, whose chip designs power part of Nvidia’s systems as well as those of major competitors, feels comfortable saying it’s only a matter of time before sales of other AI chips grow meaningfully as well. Read more ›
23
The biggest risk-taker in tech investing is back to his old playbook, loading up on debt to fund his latest obsession: artificial intelligence. SoftBank Group CEO Masayoshi Son is planning to borrow $16 billion to invest in AI, his company’s executives told banks last week, according to a person with direct knowledge of the discussions. The talks haven’t been previously reported. The company might borrow another $8 billion in early... Read more ›
21
Enterprise software companies that raised money at lofty valuations during the pandemic startup boom are facing many obstacles as they look to jump-start growth. One is the threat from generative artificial intelligence.In our Enterprise Software Startup Takeover List, we’ve identified 92 promising candidates for acquisitions in the coming year. The challenge for many of those companies—all of which were founded in the pre-ChatGPT era—will be articulating to any potential buyer... Read more ›
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Amazon is going global with its counterattack on bargain sellers Temu and Shein. The e-commerce giant is planning on expanding Haul, the ultracheap Temu look-alike it launched in the U.S. in November, to countries in Europe starting this year, according to a seller consultant who spoke with Amazon representatives. At the same time, a recent Amazon job posting described efforts to launch in Mexico as part of a broader global... Read more ›
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A growing number of artificial intelligence assistants will make workers more productive in specialized fields such as law, medicine and entertainment. It could also replace some jobs altogether, said speakers at The Information’s AI Agenda Live conference Thursday. “We have tech companies very actively thinking about how I can reduce my IT staff, HR support staff, customer service teams,” said Arvind Jain, co-founder and CEO of Glean, a startup that... Read more ›
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Most popular sources
Business Insider
|
37% 3 |
Gizmodo
|
14% 16 |
Wired
|
9% 8 |
Eurogamer.net
|
6% 4 |
Vox
|
4% 3 |
| View sources » | |
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04.03.2025 00:54
Last update: 00:46 EDT.
News rating updated: 07:41.
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