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That was fast. The window for technology company stock offerings slammed shut less than a week after it opened, dashing hopes that the moribund market would come to life this year.CoreWeave, the deal that was supposed to lead the pack in a reopened market, got done on Friday. StubHub and Klarna were waiting in the wings, until President Donald Trump’s tariff plan sent stocks spiraling downward. Ticket seller StubHub succumbed to market pressure first. Consumer lender Klarna followed soon after.
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The Information
The currency of Taiwan, the 'silicon island,' has appreciated over 10% vs the USD in the space of just a few days, raising concerns about further price rises coming to U.S. consumers. Read more ›
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Trump said the US's film industry is "dying a very fast death" because productions are shifting out of the country. Read more ›
1,679
Save 31% on the Marshall Motif II earbuds with active noise cancellation for a limited time. Read more ›
1,614 fresh
Macer Gifford said he was "shocked" by the Russian army's brutality in Ukraine, and said that his unit agreed that no member would be taken alive. Read more ›
1,421 fresh
Vadim Fedotov, the CEO of supplement company Bioniq, used visualization when playing college basketball. He said it also helped him start his company. Read more ›
1,113 fresh
Apple is actively testing under-display Face ID system on a prototype iPhone 18 Pro model with a single hole-punch camera in its display, claimed a Chinese leaker on Monday. According to the Weibo-based account Digital Chat Station, Apple is testing under-display 3D facial recognition for the iPhone 18 Pro and iPhone 18 Pro Max models, which are expected to launch next year. Digital Chat Station has sources in the Apple... Read more ›
992 fresh
Amazingly, reaction times using screens while driving are worse than being drunk or high—no wonder 90 percent of drivers hate using touchscreens in cars. Finally the auto industry is coming to its senses. Read more ›
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Trump resumed involuntary collections on defaulted student loans. Borrowers who don't make payments could have some of their federal benefits seized. Read more ›
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Cities from New York to Houston are sinking into the ground little by little, putting an estimated $109 billion of property at risk of flooding. Read more ›
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The immediate costs of President Donald Trump’s trade war are fairly clear. Prices for imported goods are rising while economic growth is slowing. Manufacturers are slashing orders, small businesses with Chinese suppliers are on the brink of insolvency, interest rates are rising, Americans’ retirement savings are bleeding value, and consumers are losing confidence. The severity […] Read more ›
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He said Bezos was a "very nice guy," and they had a relationship. Read more ›
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Reddit's CEO said employees had a tendency to put big-picture idealism over business. Read more ›
732 fresh
Shut down by Microsoft, the beloved video chat app is leaving behind a very different world than the one it gave birth to. Read more ›
717 fresh
Career coach Em Rezkalla advises that being "professionally mean" — assertive, direct, and opinionated — can help you get ahead at work. Read more ›
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JetBlue CEO Joanna Geraghty said selling off the company’s venture capital arm would allow it to “focus on our core operations.” -Meghna Maharishi Read more ›
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I live like a retiree in my 40s after quitting my job. Working as a freelancer, I make as much as I did in my full-time job but I work less. Read more ›
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Pennsylvania’s Lehigh Valley was once synonymous with America’s industrial might. The region was known for its booming manufacturing economy anchored by companies like Mack Trucks and Bethlehem Steel, the latter of which employed over 30,000 workers at its peak in the 1950s. But manufacturing began to struggle in the 1970s and collapsed by the turn […] Read more ›
482 fresh
Kohl's said it had fired its still-new CEO "for cause." Boards are more likely to ditch corporate euphemisms when they believe an issue is serious. Read more ›
406 fresh
Chad Howard breaks down the pros and cons of leaving corporate America to run a small business as young people flock to 'mini private equity.' Read more ›
403 fresh
The Information
Investing in artificial intelligence can be a tricky business. It’s the time of “peak ambiguity when it comes to AI,” said Hemant Taneja, CEO of venture capital firm General Catalyst. “None of us really know what the world’s going to look like in some ways.” Investors face uncertainties about which startups endure, which piece of AI technology generates the most money and how much businesses are willing to spend on... Read more ›
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Fundraising is picking up among crypto venture funds after two dismal years, as investors hope to profit from the friendly regulatory environment under President Donald Trump. The rebound is likely to be modest because venture capital funds are no longer the only game in town for big investors who want crypto exposure. Crypto VC funds are on track to raise nearly $4 billion in the coming months, which would top... Read more ›
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Earlier this year, Microsoft stopped trying to convince consumers to pay extra for artificial intelligence features in its popular Office 365 software, instead opting to add the AI features by default while increasing the lowest price of the software by 30%. That strategy is showing early signs of wringing a few extra bucks out of individual Office customers.Revenue from consumer subscriptions to Office 365 rose 10% in the three months... Read more ›
48
It’s the startup equivalent of misplacing a winning lottery ticket. Former employees of Scale AI are being excluded from a planned share sale at a $25 billion valuation. “I just heard back from the stock admin. Former employees won’t be participating in the tender offer. rip,” one ex-employee wrote last month in a private Slack channel of former Scale workers. “So the only way is to re-join?” another person asked.I... Read more ›
45
In January, three police officers arrived at a warehouse in central Connecticut run by a company called UniUni, a logistics startup that handles millions of packages each week for mostly China-founded e-commerce clients like Temu, Shein and TikTok Shop. Inside, they found piles of cardboard boxes and plastic mailing bags in the brightly lit main room of the warehouse—everything you’d expect to see at one of the hubs that serve... Read more ›
43
Temu has discontinued its direct-from-China shipping model and now requires China-based merchants to fulfill orders on their own when selling to the U.S. market. The shift marks the online bargain seller’s latest attempt to keep its site stocked as sky-rocketing tariffs make it ... Read more ›
37
A crop of new artificial intelligence startups, including those founded by star ex-OpenAI executives, is trying to convince investors to invest at multibillion-dollar valuations with scant products or revenue to speak of. But representatives from two investors, Fidelity and Atreides Management, say it may be too late for those firms to overcome the first movers in the field. That’s because incumbents like Elon Musk’s xAI and Google have a trifecta... Read more ›
33
Snowflake and other enterprise software firms whose success predates the rise of ChatGPT are trying to recast themselves as artificial intelligence companies. They’ll have to persuade corporate customers to choose their offerings in what has become a very crowded field. The pressure is particularly acute for Snowflake CEO Sridhar Ramaswamy, who took the reins of the data analytics firm just over a year ago to turbocharge its AI efforts. To... Read more ›
30
After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically. Later this year it’s expected to introduce an ultrathin new device, followed by a foldable phone expected in 2026. Also next year, Apple plans to change its release strategy, launching pricier, more premium versions in the fall as usual, but pushing the release of the more affordable standard model to the following spring. Apple’s... Read more ›
30
The U.S. government is steadily tightening the noose on Nvidia’s sales to China. But the AI chip giant isn’t giving up on the market. Nvidia has told some of its biggest Chinese customers, including ByteDance, Alibaba Group and Tencent Holdings, that it is tweaking the design of its artificial intelligence chips so they can be sold to Chinese businesses without running afoul of U.S. export regulations, according to three people... Read more ›
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Most popular sources
Business Insider
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57% 9 |
Gizmodo
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4% 3 |
Wired
|
4% 4 |
Mashable
|
4% 3 |
MacRumors
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4% 1 |
| View sources » | |
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05.05.2025 09:56
Last update: 09:51 EDT.
News rating updated: 16:50.
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