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Dozens of investment funds that bet on mature startups before the Federal Reserve hiked interest rates in early 2022 got creamed. Not Sands Capital, which began investing in public stocks 33 years ago but decided to get into startup investing in 2014.
The reason: The firm’s biggest late-stage private tech fund paused making investments in new startups in August 2021, after its managers felt founders were seeking valuations that were far too rich, and it didn’t resume them until March 2023.
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The Information
Astronomer CEO Andy Byron was placed on leave, the company said on X, after a viral video that appeared to show him embracing the company's HR chief. Read more ›
695 fresh
Donald Trump threatened to sue over a Wall Street Journal story that linked him to Jeffrey Epstein. A docket appears, but something's off. Read more ›
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OnePlus unveiled the OnePlus Pad 3 last month, which is already available in the US and some European markets. OnePlus didn't share the Pad 3's Indian pricing and availability details during the unveiling; however, it has now announced that the tablet will go on sale in India in September. The OnePlus Pad 3's sale date in India remains unknown, but OnePlus has confirmed that the Pad 3 will be available... Read more ›
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On Thursday, CBS announced that it was going to cancel The Late Show With Stephen Colbert after Colbert’s contract ends in May 2026. The news comes at a politically fraught moment for CBS and its parent company, Paramount Global. It’s also the capper on the long arc of late-night political comedy, a genre Colbert was […] Read more ›
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In a lawsuit filed against prominent leaker Jon Prosser, Apple alleges a conspiracy to break into a development device and steal its trade secrets. Prosser insists Apple has it all wrong. Read more ›
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Astronomer is investigating CEO Andy Byron, who appeared to embrace the company's HR head, Kristin Cabot. on the kiss cam at a Coldplay concert. Read more ›
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A shocking change in late-night TV. A salacious story about Jeffrey Epstein. What do they have in common? Donald Trump. Read more ›
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Netflix used generative AI to create a scene in the Argentinian sci-fi series The Eternaut — a first for one of the streamer’s original shows or films. During an earnings call on Thursday, Netflix co-CEO Ted Sarandos said the use of AI was faster than using traditional visual effects tools and helped cut costs. “That […] Read more ›
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Democrats want you to know that President Donald Trump definitely might be protecting a cabal of child abusers. Or so the party’s recent messaging suggests. For years, extremely online conservatives have been agitating for the release of the “Epstein Files” — a hypothetical trove of confidential documents that reveal the powerful co-conspirators of Jeffrey Epstein, […] Read more ›
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For the past two years, Donald Trump and the Republican Party could reasonably claim to have broad support for their anti-immigrant agenda. The public wanted less immigration, Trump promised to provide it, and much of the public trusted him to act. But things look a lot different now that he’s actually implementing that agenda. After […] Read more ›
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Trump's Department of Education is starting to implement student-loan repayment changes from the "beautiful bill," including limits on debt relief. Read more ›
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The Apple Maps app in iOS 26 includes some useful new features for keeping track of where you've been and getting alerts if there are any delays that will impact your daily commute. In this guide, we've rounded up a list of everything new with Maps. Visited Places Apple Maps is able to keep track of the places that you've visited, either in your hometown or while traveling. It can... Read more ›
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How to unblock porn for free. Unblock and watch Redtube for free from anywhere in the world. Read more ›
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The battery capacity of Apple's rumored iPhone 17 Air will be below the 3,000 mAh mark, according to a recent post from Instant Digital, an account with more than 1.4 million followers on Chinese social media platform Weibo. Thanks to iOS 26's new Adaptive Power Mode, though, the account said that the iPhone 17 Air should achieve full-day battery life. A previous rumor pegged the iPhone 17 Air's battery capacity... Read more ›
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With test flights in Dubai and U.S. production scaling up, Joby is turning a sci-fi fantasy into a high-speed reality. Read more ›
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A CEO and his HR chief allegedly got busted canoodling at a Coldplay concert. The internet can't get enough of the Coldplay cheating scandal. Read more ›
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Microsoft has suddenly shut its movies and TV store on Xbox consoles and Windows PCs. As of today you can no longer purchase new movies or TV shows from the Microsoft Store on Xbox or Windows, but you will still be able to access previously purchased content on devices. “Downloads will continue to be available […] Read more ›
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You can't control the economy, but you can make money moves to help you ride out the storm. Read more ›
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The Information
When I sat down with Meta CEO and founder Mark Zuckerberg to talk artificial intelligence, I expected that he would want to discuss the company’s new supercomputer plans and talk about why he’s been working the phones all summer in a red-hot AI recruiting blitz. We covered all that. But over the course of the interview, I heard something more interesting emerge: two clear new doctrines that are guiding Zuckerberg... Read more ›
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OpenAI is continuing its push into the application layer with ChatGPT “agents.” As we scooped this week, it plans new features that will allow users to create and edit spreadsheets and presentations, generate reports and automate tasks on their browsers—all through ChatGPT.There was one interesting detail in that news that you might have missed. Instead of leveraging a computer-using agent that would open and click around in a PowerPoint or... Read more ›
50
As OpenAI tries to turn ChatGPT into a core application for white-collar work, it’s developing agent features that could make its customers less dependent on productivity apps from Microsoft. In the latest example, OpenAI has developed features that let ChatGPT customers quickly create and edit presentations and spreadsheets that are compatible with PowerPoint and Excel directly in the chatbot without using the Microsoft apps themselves, according to a person who... Read more ›
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The artificial intelligence boom is already visibly reshaping the cloud wars. For instance, Amazon Web Services looked like an insurmountable front-runner just a few years ago, but Google has made gains among AI developers thanks to its ability to serve some models at a much lower price, my colleague Kevin reported yesterday.More broadly, we’re starting to see evidence that the cloud providers are all racing to make small improvements to... Read more ›
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Meta will have “the largest compute fleet of any company,” Meta founder and CEO Mark Zuckerberg told me in an interview first aired on The Information’s TITV Tuesday. “And focusing on that on being powered by a small and talent-dense team, I think we’re gonna have by far the most compute per ... Read more ›
35
Cursor has restricted China-based users from accessing U.S. models offered by its coding assistant software, such as Claude-4-Sonnet and Gemini-2.5-Pro, according to three users. These users received notifications stating that these models had become unavailable due to location-based ... Read more ›
24
As Anthropic’s sale of artificial intelligence has surged, the company has told investors some of its profit-related metrics are improving even as it burns a tremendous amount of cash. That financial performance has prompted some investors to indicate interest in funding Anthropic at a valuation of more than $100 billion if the company decides to pursue a deal, compared to a $58 billion valuation in a financing announced four months... Read more ›
23
Before we get to today’s main column about Grok 4, we wanted to share four things we learned from the craziness on Friday, when Google snatched the CEO and technology behind Windsurf, a competitor to Cursor that OpenAI had agreed to buy for $3 billion just two months ago. Read more ›
21
Watching last week’s Grok 4 release, one statistic stood out to us. XAI said it spent 10 times as much computational power on reinforcement learning for Grok 4 as it laid out for Grok 3.RL is a common AI development technique that rewards a model for accomplishing certain goals and penalizes it for other behaviors. The xAI disclosure provided further evidence of how AI labs are increasingly improving their models... Read more ›
17
The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and regulates stablecoins, crypto tokens pegged to the U.S. dollar. President Donald Trump is expected to sign it quickly. It’s a moment of rejoicing for crypto, which has bounced back from an excruciating downturn and regulatory crackdown under President... Read more ›
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Most popular sources
Business Insider
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24% 2 |
Vox
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14% 12 |
Gizmodo
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7% 6 |
The Verge
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6% 1 |
Mashable
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6% 3 |
| View sources » | |
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19.07.2025 03:54
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