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When Chime CEO Chris Britt pitched his company to venture capitalists a decade ago, he got a lot of handshakes and little money. Venture capitalists, he has said, were too rich to understand why low- or no-fee bank accounts would appeal to people living paycheck to paycheck.
He said investors would question him: “What’s the problem? I don’t get charged fees. Morgan Stanley doesn’t charge me any fees. I don’t get this.” More than 200 firms said no, Britt said in a 2021 interview. Two little-known early-stag
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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The UK's Competition and Markets Authority is opening a formal investigation into whether Microsoft's bundling of Windows, Office, Teams, Copilot, and related products harms competition. Engadget reports: "Our aim is to understand how these markets are developing, Microsoft's position within them and to consider what, if any, targeted action may be needed to ensure UK organizations can benefit from choice, innovation and competitive prices," CMA Chief Executive Sarah Cardell said... Read more ›
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Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
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Looking for Quordle clues? We can help. Plus get the answers to Quordle today and past solutions. Read more ›
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Когда человек приходит в программирование, он думает, что главное — выучить язык.Python. C#. Java. Go. Неважно.Кажется: выучил → стал программистом.Нет.Язык — это самая простая часть профессии. Читать далее Read more ›
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Honda revealed prototypes of two new hybrid models, an Accord sedan and the Acura RDX SUV, during its annual business briefing this week, built on a platform that it says will begin launching next year. The RDX was announced earlier this year as Honda's first SUV to feature the next-gen version of its two-motor hybrid […] Read more ›
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— Научная инфраструктура построена под режим «один человек читает один PDF». Этот режим перестаёт быть основным. — Peer review наполовину случаен (NeurIPS 2021: 50,6% работ, принятых одним комитетом, отклонены другим). Медианное время до решения — 198 дней. APC в Nature — $12 690. Подачи в arXiv в 2025 году — 20–26 тысяч в месяц. — LLM уже внутри процесса с обеих сторон: 21% рецензий на ICLR 2026 — машинные, около... Read more ›
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It’s Thursday, May 14, 2026, and we’re back with today’s top startup and tech funding news. Today’s rounds show investors leaning into platforms that sit close to real infrastructure: in vivo cell therapy, AI data center cooling, embedded banking payments, ... Read more ›
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A common abortion drug survived a second brush with the Supreme Court, leaving it accessible while justices decide its fate in a future ruling. The Court issued a brief order Thursday evening, which indefinitely blocks a lower court order targeting the drug mifepristone. The Court’s order in Danco Laboratories v. Louisiana is not permanent, but […] Read more ›
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California Gov. Gavin Newsom said it's unfair how some people avoid paying the state sales tax when buying software. Read more ›
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Today was closing arguments in the Musk v. Altman trial, and I almost feel bad writing about the unbelievable demolition derby I just witnessed. Steven Molo, Musk's lawyer, stumbled over his words. He at one point called Greg Brockman - a co-defendant - Greg Altman. He erroneously claimed that Musk wasn't asking for money and […] Read more ›
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Old camera tech has been employed to form a 3D hybrid of NAND and DRAM tech using IGZO instead of silicon. Read more ›
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The difference between 87- and 89-octane is subtle. Midgrade gas came around at a time when it was needed, but it has since had trouble finding traction. Read more ›
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After numerous complaints from sales representatives within T-Mobile, the company is changing its terms and conditions, making contracts a bit more lucrative for new customers. Up until last month, new customers were able to get up to two discounted smartphones on a single account. This pushed away many new customers who have a family of four, for example, and can't get four devices at a discount. T-Mobile responded quickly and... Read more ›
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Apple is now verifying that consumers are actually a student or teacher before they can make a discounted purchase via its Education Store. Read more ›
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OpenAI announced a Codex tab in the ChatGPT app. The mobile interface could help reduce the need to take your open laptop with you, a recent trend. Read more ›
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Microsoft says it's helping your browsing experience by using long-term AI memory across desktop and mobile versions of Edge. Read more ›
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At Cannes, the Chinese company pulled back the curtain on its latest gimbal camera, the Osmo Pocket 4P. Read more ›
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The Information
Nvidia’s investment spree in startups that use its AI chips has stoked traditional venture capital firms’ interest in those companies. That has paved the way for brand-new startups taking on Anthropic and OpenAI to raise back-to-back funding rounds, sometimes in a matter of weeks. In the latest example, Core Automation, an AI model developer founded in late March by ex-OpenAI researcher Jerry Tworek, is aiming to raise between $300 million... Read more ›
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If you’re getting dizzy watching CoreWeave’s balancing act, you’re not alone. The AI cloud startup reported first-quarter numbers Thursday evening showing that its business is ramping up quickly—revenue doubled in the quarter to $2 billion compared to the year-earlier period—but its investment spending and operating expenses are also taking off. It’s no wonder CoreWeave is synonymous with the high-stakes gamble that underpins so much of the AI revolution.Here’s some earnings... Read more ›
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Elon Musk’s team called the former dean of Columbia Law School to testify Thursday in his lawsuit against OpenAI that the ChatGPT maker acted in several ways inconsistent with nonprofit customs. David Schizer, who served as dean from 2004 to 2014 and specializes in tax and nonprofit law, ... Read more ›
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How soon is too soon to raise a new funding round?I’ve been covering venture capital long enough (more than a decade!) to remember that the hottest startups used to raise financing every 12-18 months. Then it was 9-12 months. Then 6-9 months. And now…two months? Two weeks? Recently, a wave of both early and late stage startups have been raising new rounds of capital right after closing other ones, in... Read more ›
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Shares of HubSpot dropped more than 20% after its March quarter earnings, as some investors seemed to be unimpressed by its revenue forecast for its current quarter and full fiscal year. HubSpot’s revenue grew 23% to $881 million during the quarter compared to last year, around $20 million more ... Read more ›
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Liang Wenfeng, billionaire founder and CEO of DeepSeek, is planning to write the biggest check for the startup’s first-ever funding round, which the company now hopes will raise up to 50 billion yuan ($7.35 billion), according to two people with direct knowledge of the talks. That would make it the biggest funding round by a Chinese AI company ever. Meanwhile, the funding round has prompted the Chinese AI lab to... Read more ›
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Shares of iconic glassmaker Corning Inc. have doubled so far this year to their highest price ever, thanks to surging demand for Corning’s fiber optic cables that connect servers and AI data centers to one another. A partnership Corning announced with Nvidia this week gave the stock another lift. But Corning’s current deluxe valuation, which is now based almost entirely on sky-high expectations for its optics business, might be more... Read more ›
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The hedge fund TCI cut almost all of its $8 billion stake in Microsoft, the Financial Times reported Friday, due to what CEO Christopher Hohn described in an investor letter as “uncertainty over Microsoft’s competitive position in the future” as AI threatens to replace existing software like ... Read more ›
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Apple has reached “a preliminary agreement” with Intel in recent months for manufacturing some of its chips, The Wall Street Journal reported. Earlier, this week Bloomberg reported that Apple was exploring such a partnership with Intel and Samsung. A deal with one of the companies would help ... Read more ›
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Salesforce’s chief communications officer Carolyn Guss is leaving the sales software giant, according to two people familiar with the matter. One of the people said Guss is joining a new company and that Salesforce will be appointing another chief communications officer soon. Among her ... Read more ›
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14.05.2026 19:29
Last update: 19:15 EDT.
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