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Next time you contemplate the much-hyped IPO of a brand-name company, ask yourself this question: Are its glory days behind it? One of the disadvantages for public investors of snapping up newly public tech firms—particularly those that have taken their time going public—is that very often they have already peaked. Take Instacart, which reported third-quarter earnings Monday morning. Revenue grew 10%, which is hardly inspiring, but it’s par for the course for the grocery-delivery firm over the past year or.
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Netflix is in exclusive talks to acquire Warner Bros. Discovery's film and TV studios and HBO Max streaming service, according to sources from Bloomberg and CNN. That suggests Netflix submitted a superior offer to rivals including Paramount Skydance Corp (owned by billionaire Larry Ellison) and Comcast, which owns NBCUniversal. The deal could be consummated within days and, if approved, would change the landscape of Hollywood and the streaming market. Warner... Read more ›
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At WIRED’s Big Interview event, the activist and organizer said he doesn’t “think the Chuck Schumers of the world understand” what’s coming for the party. Read more ›
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LinkedIn is ending its associate product manager program. Now, it will train new hires to code, design, and ship products as "full-stack builders." Read more ›
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Unlock up to 50% off, 40% off packages, and 25% off with top Groupon coupon codes. Explore coupons to save extra on travel getaways, holiday gifts, spa days, and event tickets. Read more ›
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Bullish forecasts come despite recent investor jitters over tech spending and potential bubble in AI sector Read more ›
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It appears Meta's Horizon Worlds may literally and figuratively not have legs after all. Read more ›
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Tesla CEO Elon Musk said Full Self-Driving now allows drivers to text and drive in certain traffic conditions. Police advise against it. Read more ›
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Thirty years later, JavaScript is the glue that holds the interactive web together, warts and all. Read more ›
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New documents reveal how the USS Gettysburg shot down an F/A-18 and nearly hit a second one above the Red Sea last year. Read more ›
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Fei-Fei Li said that this "extreme rhetoric" is filling tech discourse and misinforming people outside Silicon Valley. Read more ›
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Spot XRP ETFs have now attracted nearly $850 million in inflows since launching in mid-November — one of the strongest altcoin ETF starts on record — suggesting long-horizon capital continues to accumulate exposure. Read more ›
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It has been months since a group of Trump administration officials put together a Signal group chat to discuss classified military intelligence ahead of a military strike in Yemen while inadvertently adding a journalist, and now the Pentagon’s inspector general has released its report on the mess. The results of Steven Stebbins’ eight-month-long investigation found […] Read more ›
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1998 3D accelerator uses an experimental 64-bit driver from 2006, to run on a PC using an OS from 2011, powered by a processor from 2024. Read more ›
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Technical analysis shows DOGE failed to hold key support levels, suggesting continued downside unless buyers reclaim critical price points. Read more ›
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The United States Inspector General report reviewing Secretary of Defense Pete Hegseth's text messaging mess recommends a single change to keep classified material secure. Read more ›
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Android’s in-call protection now activates during suspicious calls involving financial apps. If you open a banking or payment app while on the line with an unfamiliar number, your phone will warn you, pause actions for 30 seconds, and offer quick safety options. Read more ›
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CEO Kecia Steelman said in an earnings call that K-beauty is driving sales and bringing in new customers. Read more ›
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The Korean venture firm’s 2026 thesis argues that stablecoins, AI agents, and on-chain credit markets are becoming the foundation of a real digital economy, with Asia emerging as the first region where enterprise adoption is taking shape. Read more ›
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OpenAI CEO Sam Altman on Monday told employees he was declaring a “code red” to marshall more resources to improve ChatGPT as threats rise from Google and other artificial intelligence competitors, according to an internal memo. As a result, OpenAI plans to delay other initiatives, such as advertising, Altman said. Read more ›
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Executives at Microsoft and other enterprise software firms heralded 2025 as the year artificial intelligence would be capable of automating tasks that involve multiple steps, such as generating dashboards based on company sales data. But as the year comes to a close, Microsoft has lowered expectations for how quickly it can get customers to spend money on these newer products, known as agents. Multiple Microsoft divisions, for instance, have lowered... Read more ›
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Amazon is planning a new ultrafast delivery offering for groceries and other daily essentials in major urban areas in the U.S., a critical test of the e-commerce giant’s ambitions to sell more daily staples to consumers and supercharge its grocery business. In recent months, Amazon has approached large consumer packaged goods brands to ask them for lists of products it could sell through the service, according to a person with... Read more ›
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Google’s efforts to sell or lease its artificial intelligence server chips so they can run in any company’s data center—and not just in Google Cloud—have generated headlines, stock moves and a noteworthy response from AI chip leader Nvidia. It’s not lost on Nvidia that two of the world’s best AI models, from Google and Anthropic, were developed fully or partly using AI server chips made by Google rather than with... Read more ›
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Anthropic is in advanced discussions to buy Bun, a maker of software used to run and manage code more efficiently, according to a person with knowledge of the deal. The artificial intelligence company is in talks to pay in the low hundreds of millions of dollars for the startup, which would be Anthropic’s first acquisition, according to the person. The acquisition would give Anthropic, which already has been using Bun... Read more ›
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Meta is hiring one of Apple’s top designers, Alan Dye, who ran the company’s user interface design team, Bloomberg reported. Longtime designer Stephen Lemay will take his spot at Apple, the news outlet reported. Apple’s design team has suffered from regular bouts of turnover since the company’s ... Read more ›
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Three years after the U.S.’s sweeping export restrictions that cut off Chinese access to AI chips, China has managed to turn the situation around. For the next five years, it will have more AI chips than its companies need. The excessive supply is a combination of local chipmakers catching up and tech companies stockpiling Nvidia chips via both the open and black market, according to estimates from investment bank Jefferies. Read more ›
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OpenAI, which in recent weeks has appeared to fall behind Google in AI development, is fighting back with a new large language model codenamed Garlic.Last week, OpenAI’s chief research officer Mark Chen told some colleagues about the new model, which was performing well on the company’s evaluations, at least when compared to Gemini 3 and Anthropic’s Opus 4.5 in tasks involving coding and reasoning, according to a person with knowledge... Read more ›
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Chinese short-video company Kuaishou Technology on Tuesday launched a new artificial intelligence model that seeks to integrate different stages of video generation. Kuaishou said that its new model, Kling Video O1, not only creates videos but also offers various editing capabilities, such as ... Read more ›
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Moore Threads, a Chinese chip designer blacklisted by the U.S., drew frenzied demand from retail investors last week in its initial public offering on the Shanghai Stock Exchange. Its share offering was more than 4,000 times oversubscribed, according to an exchange filing. Moore Threads, which ... Read more ›
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05.12.2025 04:31
Last update: 04:25 EDT.
News rating updated: 11:22.
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