29 place 2
An array of billionaire backers and the dream of two world-changing technologies has turned SandboxAQ into a $5.6 billion startup star. The company’s business has failed to keep up with the hype, and its CEO’s behavior is now under scrutiny.
SandboxAQ’s success so far is illusory. Nearly all of the company’s first-quarter revenue can be traced back to Sergey Brin, who helped found the company. Inside the company, employees have complained about CEO Jack Hidary’s behavior. The company investigated him for l
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The Information
Palantir sees "accelerating and otherworldly growth" as CEO Alex Karp highlights working with ICE and supporting Israel on an earnings call. Read more ›
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Musk encouraged NYC voters to back former Gov. Andrew Cuomo over Zohran Mamdani the day before the city's mayoral election. Read more ›
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Some investors grow concerned that region’s markets could be hit by downturn in US tech sector Read more ›
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The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date. Read more ›
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"I'd rather not have you ask the question," Trump said in a deleted portion of the interview. Read more ›
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Beijing introduces grants that slash power bills by up to half for some of the country’s largest data centres Read more ›
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YouTube TV has emailed Disney proposing to restore both ABC and ESPN while negotiations continue, if Disney agrees. Read more ›
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The big Donald Trump foreign policy question heading into this week looked like it was going to be when and if the US was going to launch military strikes against Venezuela. That’s still a live question, but in the meantime, the president has threatened to attack an entirely different country on the other side of […] 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: After days of uncertainty, the Trump administration will keep food assistance flowing — but only for part of the month. What’s happening? Funding for the […] Read more ›
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Shein has banned all sex dolls in response to France's threats to ban the platform. Read more ›
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The group also includes Bandai, NHK, Square Enix, and Toho. Read more ›
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Palantir had some impressive quarterly earnings. Karp celebrated by publishing a manifesto. Read more ›
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Bruce66423 shares a report from the Los Angeles Times: The board of the Los Angeles Department of Water and Power on Tuesday approved a controversial plan to convert part of the city's largest natural gas-fired power plant into one that also can burn hydrogen. In a 3-0 vote, the DWP board signed off on the final environmental impact report for an $800-million modernization of Units 1 and 2 of the... Read more ›
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Researchers found that embodying a digital, childlike version of one’s own face helps unlock vivid childhood memories. This illusion strengthens the connection between bodily self-perception and autobiographical recall. The findings suggest that memory retrieval is not purely mental but deeply linked to how we perceive our own bodies. Such insights could lead to tools for recovering forgotten memories or treating memory loss. Read more ›
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The Dallas Cowboys game on "Monday Night Football" wasn't enough to end the ESPN blackout on YouTube TV. Read more ›
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A coalition of labor unions and cities filed a lawsuit against the Trump administration over its new rule to limit Public Service Loan Forgiveness. Read more ›
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The CEO of the largest satellite company in the world just proposed a bold—and totally misguided—solution to the climate crisis. Read more ›
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As the New York City mayoral election enters the final stretch, with the Muslim American Democratic Party nominee Zohran Mamdani maintaining a sizable lead in all of the polls, a familiar beast has reared its head: blatant Islamophobia. Most of those dabbling in outright bigotry are unsurprising: right-wing shock-jocks and the pro-Trump New York Post. […] Read more ›
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Hooters Inc. is making menu changes as well as revamping its waitstaff's uniform as it acquires Hooters of America locations. Read more ›
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The Information
Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three months, while just 25% said they sold. The survey’s findings are based on 528 responses. Read more ›
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Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation, according to a person familiar with the matter, after getting $500 million in new... Read more ›
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Payments tech giant Fiserv’s stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more ›
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OpenAI’s revenue could reach $100 billion in 2027, Sam Altman said on a podcast published Friday with Altimeter Capital and OpenAI investor Brad Gerstner. Altman said the ChatGPT maker was already “doing well more revenue,” than $13 billion, an apparent reference to its annualized pace, which ... Read more ›
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Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more ›
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One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: She’s an internet-beloved Moflin, an AI-powered robopet made by Casio—yes, Casio—who shares a charming, bucolic... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Benchmark’s high-stakes pressure test • Artificial Intelligence: The VCs who turned vibe code into whimsical passion projects• Artificial Intelligence: Venerable Casio’s surprise hit? An AI robopet • WTF: Behind the scenes at our summit for the most powerful and influential women in tech, media and finance • The Arena: WNBA owner Clara Wu Tsai has a $1 billion plan• Plus, our... Read more ›
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A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the restructuring has occurred, it may be hard to unwind the change even if Musk wins. Both the attorneys ... Read more ›
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Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150 million starting with Navan’s seed round in 2015, had about a $1 billion stake... Read more ›
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Most popular sources
Business Insider
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35% 1 |
Gizmodo
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10% 7 |
Vox
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6% 1 |
Tom's Hardware
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6% 12 |
The Verge
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5% 2 |
| View sources » | |
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04.11.2025 01:39
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