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Executives from Netflix, Palantir and YouTube along with dozens more of the most powerful and influential women in technology, media and finance gathered earlier this week for The Information’s annual WTF Summit. The conversations ranged from how AI is reshaping the financing markets to sponsorship pricing power in the WNBA—while attendees still had plenty of time to mingle under the bright Yountville, Calif., sunshine. Below, some scenes from one of our favorite events of the year.
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Costco's consistency -- from its $1.50 hot dog and drink combo to its functional shopping carts and satisfied employees -- has produced what The Atlantic calls a "cultlike loyalty" among members at more than 600 locations across the U.S. Its annual membership costs $65. The model traces back to Fedco, a nonprofit wholesale collective for federal employees founded in Los Angeles in the 1940s. Costco's private label Kirkland Signature has... Read more ›
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An anonymous reader shares a report: Only the government could spend 20 years creating a national ID that no one wanted and that apparently doesn't even work as a national ID. But that's what the federal government has accomplished with the REAL ID, which the Department of Homeland Security (DHS) now considers unreliable, even though getting one requires providing proof of citizenship or lawful status in the country. In a... Read more ›
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The Korean television and display manufacturer LG Electronics is working on its next-generation OLED TV as part of the G-series, along with a new wallpaper TV. According to a Videocardz report, the OLED TV in question is the LG G6 Evo AI, a new RGB Tandem WOLED. The G6 will feature a new “Hyper Radiant ... Read more ›
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A new record-high clock speed has been achieved on AMD's Ryzen 7 9800X3D. The best gaming CPU in the world doesn't need to be overclocked to achieve exceptional performance, but Chinese overclocker "Hero" has just pushed it to 7,335 MHz using a Colorful iGame X870E Vulcan motherboard, using liquid nitrogen. Read more ›
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Afters years of talk, governments in Australia, France, and more are taking action to ban social-media for kids. Some warn of unintended effects. Read more ›
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Iran is offering to sell advanced weapons systems including ballistic missiles, drones and warships to foreign governments for cryptocurrency, in a bid to use digital assets to bypass western financial controls. From a report: Iran's Ministry of Defence Export Center, known as Mindex, says it is prepared to negotiate military contracts that allow payment in digital currencies, as well as through barter arrangements and Iranian rials, according to promotional documents... Read more ›
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Chirp wellness, founded by Tate Stock, grew from $450 and a barn to $250 million in sales, pivoting from yoga wheels to pain relief tools. Read more ›
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St. Barthelemy, or St. Barts, is a French-speaking Caribbean island with beaches and high-end shops where billionaires like Jeff Bezos vacation. Read more ›
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Early versions of Betty Boop, Pluto, and Mickey and Minnie Mouse are on the list. Read more ›
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Jeff Bezos owns more than $200 million of real estate in Miami. A vacant plot next to him just sold for $105 million. Read more ›
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Three decades after RFC 1883 promised to future-proof the internet by expanding the available pool of IP addresses from around 4.3 billion to over 340 undecillion, IPv6 has yet to achieve the dominance its creators envisioned. Data from Google, APNIC and Cloudflare analyzed by The Register shows less than half of all internet users rely on IPv6 today. "IPv6 was an extremely conservative protocol that changed as little as possible,"... Read more ›
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The billionaire gifted Tesla shares worth nearly $100 million to charities in connection with "year-end tax planning," according to an SEC filing. Read more ›
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The FBI reported that Americans lost $333 million to scams via crypto ATMs, and that the number of victims constantly rose from 2020 to 2025. Read more ›
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Where power, profits and pressure points are likely to lie across five key sectors Read more ›
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A new year means new Marvel shows to watch, and the first to come in 2026 is 'Wonder Man.' Read more ›
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On January 1, 1983, ARPANET system architects initiated the cutover from the existing NCP to TCP/IP on all hosts. Read more ›
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Some years ago, I was writing a science fiction short story in which I wanted to incorporate verses from a 1928 song, "Button Up Your Overcoat." However, when I sold the story, my editor told me that since the song was still copyrighted, it was safer not to include the verses. If I had written […] Read more ›
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The U.S. Department of Commerce didn't renew the validated end-user status of these chipmakers, requiring them to acquire annual licenses to import chipmaking tools containing U.S. tech into their Chinese fabs. Read more ›
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Private-equity firm Brookfield is starting its own cloud business, going up against tech giants like Amazon by arguing it can bring down the costs of developing AI. The firm, which has long invested in infrastructure and energy, is becoming the first major investment firm to try to lease chips inside data centers directly to developers, rather than just owning or developing the physical structures that surround them. The cloud business... Read more ›
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For an eventful year, 2025 is ending the same way it started. A year ago, Nvidia, OpenAI and others made it clear they would do everything necessary to win the race for artificial intelligence.The year ended with the same companies doing the same thing. Nvidia capped off a year of dealmaking—mostly to cement its lead in AI chips by agreeing to pay $20 billion to license technology from Groq, one... Read more ›
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Meta Platform’s announcement on Monday that it has acquired Chinese agent startup Manus represents a big win for Manus’ backers, including Benchmark, ZhenFund and HongShan, who last invested in Manus in an April funding round that valued it at $500 million. Meta is paying more than $2 billion, my colleague Juro Osawa has reported (as have other outlets).That’s a huge gain on an eight month old investment. The deal also... Read more ›
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Love it or hate it, artificial intelligence dominated another year in tech. As AI firms like OpenAI and Anthropic raced to release smarter models, the largest tech firms mapped out massive data centers that would guzzle up more energy than tens of millions of American households to power them. “Agent” became the industry’s favorite buzzword for tools promising to eliminate human work. The popularity of coding assistant Cursor made its... Read more ›
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Trump Media and Technology Group, the company that operates President Donald Trump’s social media platform Truth Social, said it will issue a new cryptocurrency to shareholders, according to a statement on Wednesday. The planned crypto coin, which the company said will likely be issued in ... Read more ›
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SoftBank said Monday it would buy data center investment firm DigitalBridge for $4 billion, or $16 per share, a 15% premium to Friday’s closing price, its latest step to increase investment in infrastructure for data centers. DigitalBridge owns several data center subsidiaries that are involved ... Read more ›
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“Suspense is an artform,” said Bruce Holsinger, the author of “Culpability,” a tense family drama about the ramifications of a horrific car accident. Oh, yes, I should add: The mini-van was driving itself. “I think a lot about suspense—at the level of the chapter, the sentence, the sequence of chapters,” said Holsinger, an author of four previous novels. “I like a sense of momentum, so that the characters are kind... Read more ›
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Meta Platform is acquiring Manus, an artificial intelligence agent that went viral earlier this year and got financial backing from Benchmark, in the U.S. tech giant’s latest move to expand its AI offerings. The deal will give Manus, operated by a Singapore-based startup called Butterfly Effect, ... Read more ›
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As AI has completely consumed the tech industry, Apple has held back from the colossal investments in the technology its peers have been making. Wall Street, pundits and media outlets have criticized and chronicled Apple’s stumbles and seeming lack of urgency in the AI arms race. That includes us. But I would like to propose another possibility: that 2026 could vindicate Apple’s decision to stay out of the fray. Read more ›
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Wall Street’s latest push into private markets may give individual investors and their 401(k) accounts access to shares of unicorns like SpaceX and OpenAI. It may also allow them to add billions of additional dollars to the liquidity trap currently plaguing more sophisticated investors. Private markets have suffered from illiquidity, not lack of capital. Money goes in but rarely comes out. There is $3.7 trillion locked in venture-backed unicorns alone.... Read more ›
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01.01.2026 17:14
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