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Lately, venture capitalist Ben Lerer has found himself experiencing a bit of déjà vu: Once again, there’s a whole nest of thriving e-commerce startups worth his attention.
When I reached him a couple weeks ago, his firm, Lerer Hippeau, was just putting money into two of them: Elm Biosciences, a new skin care startup, and Stiller’s Soda, a healthy beverage brand from actor Ben Stiller. Lerer was displaying none of the gloominess that has recently seemed like an endemic condition among investors and founders
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The Information
CEO Andy Jassy clarifies Amazon's 14,000 job cuts were due to cultural misalignment, not cost or AI. Read more ›
974 fresh
A number of US government agencies are backing a potential move by the Commerce Department to ban TP-Link routers, according to The Washington Post. Multiple sources familiar with internal deliberations spoke with the publication on the condition of anonymity, including a former senior Defense Department official. A months-long interagency process involving the Departments of Homeland Security, Justice and Defense took place this summer to consider the sweeping move. Investigations into... Read more ›
934
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 ›
883 fresh
Chrome's new buttons point toward a future where browsing starts with AI, not typing. Read more ›
529 fresh
Apple is currently beta testing iOS 26.1, which will be the first major update to the iOS 26 operating system. It's not going to bring the new version of Siri that we've been waiting for, but it does include useful new features and interface changes. We're nearing the end of the beta testing process, and iOS 26.1 could be released early next week. We've rounded up all of the new... Read more ›
497 fresh
CEO Andy Jassy told investors on Thursday that the cuts were based on ‘culture.’ Read more ›
420 fresh
Apple CEO Tim Cook recently told CNBC's Steve Kovach that a more personalized Siri remains on track to launch at some point next year, with the new set of features expected to debut on the iPhone as part of iOS 26.4 in March. Cook shared this comment as Apple reported record earnings results for the third quarter of 2025. Apple first announced the personalized Siri features during its WWDC 2024... Read more ›
344 fresh
CryptoQuant data shows U.S. spot ETF flows turning negative while Glassnode flags heavy long-term holder selling. Solana’s new spot ETFs drew inflows but failed to lift prices as sentiment weakened after large on-chain transfers. Read more ›
311 fresh
Apple today announced financial results for the fourth fiscal quarter of 2025, which corresponds to the third calendar quarter of the year. For the quarter, Apple posted revenue of $102.5 billion and net quarterly profit of $27.5 billion, or $1.85 per diluted share, compared to revenue of $94.9 billion and net quarterly profit of $14.7 billion, or $0.97 per diluted share, in the year-ago quarter. Apple's profits in the year-ago... Read more ›
282 fresh
A new ICE proposal outlines a 24/7 transport operation run by armed contractors—turning Texas into the logistical backbone of an industrialized deportation machine. Read more ›
278
SNAP benefits are set to run out on Saturday. Far-right influencers and extremists are incorrectly claiming that immigrants are the main recipients of food stamps. Read more ›
244
Tim Cook says Apple has plans to embed more third-party AI tools into the company’s operating systems. “Our intention is to integrate with more people over time,” Cook said in an interview with CNBC. Apple has already embedded ChatGPT into Siri, with a Google Gemini integration said to be in the works and rumors swirling […] Read more ›
193 fresh
While accepting an award in front of Mark Zuckerberg and George Lucas, the singer questioned why billionaires exist. Read more ›
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The bank will announce its newest class of managing directors in November, which could shake up the leadership demographics. Read more ›
178 fresh
As chatbots rise in popularity, some people are choosing to dress as them for Halloween, with Google searches spiking for "ChatGPT costume." Read more ›
178
A Delta flight from LaGuardia to Detroit turned into a quiet cheering match — one group hoping for takeoff, the other hoping to return to the gate. Read more ›
163 fresh
The end of Windows 10 support has driven users toward Apple’s Mac devices, reshaping global PC sales and computing preferences. Read more ›
162 fresh
Palantir sues former staff at AI startup Percepta, backed by General Catalyst, alleging they stole proprietary data to create "a version of Palantir." Read more ›
150 fresh
An anonymous reader quotes a report from 404 Media: Someone recently managed to get on a Microsoft Teams call with representatives from phone hacking company Cellebrite, and then leaked a screenshot of the company's capabilities against many Google Pixel phones, according to a forum post about the leak and 404 Media's review of the material. The leak follows others obtained and verified by 404 Media over the last 18 months.... Read more ›
146 fresh
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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This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startup’s new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: They’d previously worked at Meta Platforms. And then Simo, who’d risen to be head of Facebook over a decade at Meta, offered reassurance—she wasn’t interested in redoing her tenure at Meta... Read more ›
36
Treasury Secretary Scott Bessent said Sunday that President Donald Trump and China’s leader, Xi Jinping, could this week “consummate” a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more ›
28
SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAI’s corporate restructuring, which would pave the way for a public offering ... Read more ›
27
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 ›
26
Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... Read more ›
23
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 ›
23
Netflix’s quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%—hardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more ›
21
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 ›
17
The tech rivalry with the U.S. has made China take an unusual step: It is accelerating the pace at which startups go public in hopes of increasing investment in the tech sector. In recent months, securities regulators in China approved the public listings of two chip designers, MetaX and Moore Threads, in less than three months. Chinese regulators typically take a year to approve the public listing of a company.... Read more ›
15
Most popular sources
Business Insider
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26% 7 |
Engadget
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10% 8 |
Tom's Hardware
|
8% 8 |
Wired
|
7% 5 |
MacRumors
|
6% 3 |
| View sources » | |
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31.10.2025 00:04
Last update: 23:55 EDT.
News rating updated: 05:50.
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