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Intel’s financial crisis may be over—with support from its biggest rival.
Executives from Intel and Taiwan Semiconductor Manufacturing Co. recently reached a preliminary agreement to form a joint venture to operate Intel’s chipmaking facilities, with TSMC taking a 20% stake in the new company, according to two people involved in some of the discussions.
Intel and other U.S. semiconductor companies will hold the majority of the shares in the proposed JV, which would include at least some of Intel’s existin
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Billionaire businessman Mark Cuban said on Bluesky that Trump's aggressive tariffs, combined with DOGE cuts, could cause long-term economic harm. Read more ›
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Coordinated nationwide protests against the Trump administration drew large crowds. Business Insider was there. Read more ›
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People are gathering in cities all over the United States and globally to protest an “illegal, billionaire power grab” by President Donald Trump and Elon Musk. They’re being put on by over 150 different organizations, including civil rights groups, labor unions, and LGBTQ+ advocates, and span more than 1,200 locations. Last weekend, “Tesla Takedown” protests […] Read more ›
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Musk during a talk with Italian Deputy Prime Minister Matteo Salvini said he'd like to see a "free trade zone" between Europe and the US. Read more ›
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Musk defended DOGE's work during a meeting with Italy's League Party, arguing that the task force has exhibited "extreme transparency." Read more ›
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DOGE operatives have repeatedly referred to the software company Palantir as a possible partner in creating a “mega API” at the IRS, sources tell WIRED. Read more ›
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Admittedly, Samsung didn't handle the One UI 7 update very well, as many users were left waiting for the stable update more than half a year after the release of Android 15. However, the latest report coming from SamMobile suggests Samsung will try to make it right with the next iteration of One UI 8. According to the rumor, Samsung is planning to launch its Galaxy Z Fold7 and Z... Read more ›
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As President Donald Trump’s tariffs set in, it may well be time to say goodbye to the under-$30,000 car. Read more ›
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"We will track down leakers and prosecute them to the fullest extent of the law," a spokesperson for DHS said. Read more ›
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My 10-month-old accidentally bumped his head while getting his diaper changed in the plane. I obsessed about his health during our entire trip. Read more ›
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Meta has released the first two models from its Llama 4 suite: LLama 4 Scout and LLama 4 Maverick. Maverick is “the workhorse” and excels at image and text understanding for “general assistant and chat use cases,” the company said in a blog post, while the smaller model Scout could tackle things like “multi-document summarization, parsing extensive user activity for personalized tasks, and reasoning over vast codebases.” The company also... Read more ›
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Plus: Another DOGE operative allegedly has a history in the hacking world, and Donald Trump’s national security adviser apparently had way more Signal chats than previously known. Read more ›
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Greta Lee, Jared Leto, and Jeff Bridges star in the third film in the Tron series, out October 10. Read more ›
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Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift in US trade policy. Read more ›
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Bill Gates said Microsoft had to "build teams in a more mixed, diverse set of skills than I expected." Read more ›
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Amazon's new feature could make it easier to get into the latest release in a series, especially if it's been some time since you've read the previous books. The new Recaps feature is part of the latest software update for the Kindle, and the company compares it to "Previously on..." segments you can watch for TV shows. Amazon announced Recaps in a blog post, where it said that you can... Read more ›
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The luxury automaker, which produces some of the UK's most iconic cars, said the US remained an important market. Read more ›
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"The third James Bond novel was published on this day in 1955," writes long-time Slashdot reader sandbagger. Film buff Christian Petrozza shares some history: In 1979, the market was hot amid the studios to make the next big space opera. Star Wars blew up the box office in 1977 with Alien soon following and while audiences eagerly awaited the next installment of George Lucas' The Empire Strikes Back, Hollywood was... Read more ›
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Microsoft's latest WHAMM model builds on its predecessor. It is now capable of delivering a real-time AI-generated gaming experience with user input support. Read more ›
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Jamie Siminoff, who founded Ring and started the company in his garage, is back at Amazon after leaving the company as its CEO in 2023. Siminoff joined Amazon when the e-commerce website acquired Ring in 2018, but he left in 2023 and founded another startup that he sold to lock maker Latch Inc. When he left Amazon two years ago, he said that invention was his true passion. Now, he's... Read more ›
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Amid a prolonged slump in initial public offerings, venture capital firms are shrinking planned funds and abandoning once-promising strategies. That’s heightened competition for the premier positions at venture firms—the general partners who make investment decisions and get a share of the firm’s gains. But some people are navigating the turbulence well. The Information’s VC reporters spoke to dozens of founders, investors and limited partners to identify the people on track... Read more ›
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Intel’s financial crisis may be over—with support from its biggest rival. Executives from Intel and Taiwan Semiconductor Manufacturing Co. recently reached a preliminary agreement to form a joint venture to operate Intel’s chipmaking facilities, with TSMC taking a 20% stake in the new company, according to two people involved in some of the discussions. Intel and other U.S. semiconductor companies will hold the majority of the shares in the proposed... Read more ›
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Last spring, Meta Platforms was on a tear. It had just released Llama 3, a new generation of its large language model, to much praise from developers and independent reviewers. Almost a year later, though, that model’s successor, Llama 4, is running behind schedule. Meta has pushed back the release date of Llama 4 at least twice and could do so again, according to two people familiar with the matter.... Read more ›
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Keep your eyes peeled on Wednesday for an announcement from President Trump about his plan to keep TikTok alive in the U.S. As I scooped earlier today, Trump plans to announce a proposal for a new company expected to be called TikTok America, which would be roughly 50% owned by new U.S. investors and license TikTok’s algorithm from its Chinese parent company ByteDance. Read the full story here. Now on... Read more ›
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Glean, a developer of search chatbots for businesses, is in talks with investors to potentially raise hundreds of millions of dollars in new financing, including money to buy out employee shares in a tender offer, according to two people familiar with the discussions. The six-year-old startup’s potential valuation in the deal couldn’t be learned, but based on recent revenue growth and gross profit margins, the figure could be roughly $7... Read more ›
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Earlier this year, employees at online diaper seller Coterie noticed customers arriving from an intriguing new source—ChatGPT. Coterie, like most brands, asks its customers how they heard about the company after they make a purchase. The typical answer is word of mouth. But in recent months, some shoppers started crediting their purchase to OpenAI’s popular artificial intelligence chatbot, which added real-time search features last fall, making it a more important... Read more ›
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President Donald Trump’s decision to impose big tariffs on imported goods may feel like an issue for supply chain managers or chip developers. But the stock market’s decline today shows that all markets are interconnected. For venture capital, the impact may be more indirect. Asked if the tariffs would affect venture investors, Tomasz Tunguz, the founder of Theory Ventures, which invests in early-stage software companies, responded emphatically: “Absolutely.” Read more ›
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Phewww. That was a close one. Tech stocks narrowly avoided another large, painful sell-off on Monday as investors continued to look at the uncertainty around President Donald Trump’s trade agenda. The Nasdaq ended the day down 0.1%, but at different points in the day, trading seemed much grimmer, and the index was down more than 2% at one point. Read more ›
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OpenAI CEO Sam Altman described the awe-inspiring usage of ChatGPT’s new image generation tool a few days ago as “biblical.” His use of religious terminology fits the moment. The money that Altman, Elon Musk and tech giants require to finance chips, data centers and power is a test of faith for Wall Street. Read more ›
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Tether, by far the world’s largest stablecoin issuer, says it plans to create a new stablecoin for the U.S. market this year if Congress passes crypto legislation. In an interview with The Information, Tether CEO Paolo Ardoino said the company “will move fast” to create a new token once the expected stablecoin legislation passes. Read more ›
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06.04.2025 03:07
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