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For all the venture capitalist–inspired hype around tech startups, it’s always good to remember that many are too niche to ever amount to anything—and should never go public. We got a reminder of that on Tuesday when Italian conglomerate Bending Spoons said it would buy ticketing firm Eventbrite for $500 million in cash. That’s a stunning comedown for a company that went public in 2018 with a market value of about $1.7 billion. Bending Spoons is paying $4.50 a share for Eventbrite, which sold the same share
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The Information
Fundraising campaigns for a Ford employee who was suspended after shouting at President Trump have raised hundreds of thousands. Read more ›
17,528 fresh
The autoworker called the president a "pedophile protector," a reference to his suppression of the Epstein files. Read more ›
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Amazon's upcoming God of War live-action TV adaptation has cast Ryan Hurst as its Kratos. Sony announced the casting today on X with a brief post and an image of both Hurst and Kratos in full scowl mode. Hurst is already sporting a very Kratos-style beard, so he's already got the right vibe going for him. He has past credits on familiar shows such as Sons of Anarchy and The... Read more ›
1,478 fresh
Progressives have long argued that Donald Trump’s immigration agenda is a fundamentally fascistic enterprise. In their telling, the president’s goal is not merely to enforce America’s borders but to purify its blood — and unleash state violence against anyone who resists his campaign of ethnic cleansing. Of course, there’s nothing new about the left deriding […] Read more ›
1,348 fresh
When Renee Good was shot by an ICE officer last week in Minnesota, it brought attention to the robust effort to combat US Immigration and Customs Enforcement in the Twin Cities. Residents of Minneapolis and the surrounding areas are joining decentralized networks of activists who are committed to alerting their neighbors to ICE presence on […] Read more ›
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The world's largest PC maker tells us why the next PC you buy may be more premium or less powerful than ever. Read more ›
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The AG said that "the avalanche of reports detailing the non-consensual, sexually explicit material that xAI has produced" is shocking. Read more ›
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Trump recently called for a 10% cap on credit card interest rates, saying he won't let the public be "ripped off" by higher rates. Read more ›
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A major Verizon outage appeared to impact customers across the United States starting around noon ET on Wednesday. Calls to Verizon customers from other carriers may also be impacted. Read more ›
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Up to 25,000 Russian soldiers are being killed every month, NATO Secretary General Mark Rutte said this week. Read more ›
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Saks Global's Chapter 11 bankruptcy reveals hundreds of millions in debt to a slew of luxury brands. See who is owed what. Read more ›
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Even when you're in an area with good cellular coverage, your iPhone status might read SOS. Here's what to know. Read more ›
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In a statement, Verizon acknowledged that its customers were impacted by a major disruption on Wednesday afternoon. Read more ›
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Officials ultimately banned fans of Maccabi Tel Aviv from attending a November match, a decision that has sparked immense criticism. Read more ›
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California Attorney General Rob Bonta's investigation comes amid a growing backlash to xAI and its Grok chatbot. Read more ›
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Hundreds of records obtained by WIRED show thin intelligence on the Venezuelan gang in the United States, describing fragmented, low-level crime rather than a coordinated terrorist threat. Read more ›
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The Information
OpenAI’s official foray into health, unveiled in this post on Wednesday, has been a long time coming, as we explained last summer. In short, OpenAI is creating a special section of ChatGPT for customers to ask health-related questions and dump data from their personal health apps and wearable devices to get personalized advice. The features are in a trial phase with a subset of paid users for now. (See our... Read more ›
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OpenAI and SoftBank will each invest $500 million in SB Energy, a SoftBank-backed data center developer that’s building a site for the Stargate project. As part of the investment, the companies have agreed to work together on data centers using designs developed by OpenAI, according to a Friday ... Read more ›
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Last summer, a manager at startup Motive Technologies sent an urgent Slack message to 400 employees based in Pakistan. “WE HAVE A PROBLEM,” it said in all caps. Motive sells AI-powered dashcams that allow trucking companies to monitor drivers and send alerts about crashes and other safety issues. In August, the dashcams recorded a string of collisions, but customers never received the alerts. Read more ›
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Amazon has started laying the groundwork to open a big-box retail store in the Chicago suburbs, according to planning documents. That marks a return to similar plans for a Target-like store that Amazon shelved a few years ago. In recent weeks, Amazon has sought approval from the village of ... Read more ›
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Lambda, an upstart cloud provider that rents out Nvidia AI chips—and whose biggest customer was recently Nvidia itself—is trying to raise at least $350 million before a potential initial public offering this year, according to a person familiar with the discussions. Mubadala Capital, which manages money for the United Arab Emirates government and other investors, is in talks to lead the funding round, which is structured to sell stock to... Read more ›
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One month before Google paid $4.8 billion for Intersect Power, the tech giant had a message for federal energy regulators: They should fast-track approvals for data centers that supply some of their own power. Intersect does just that, producing power for data centers to allow them to operate without relying entirely on the grid. Google’s purchase of Intersect is the first step by a major tech company to acquire a... Read more ›
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Robinhood and Coinbase are two of the most popular trading apps, historically concentrating on equities and crypto, respectively. But more and more, they’re competing head to head. Coinbase is launching stock trading, while Robinhood is expanding in crypto. Both are also betting big on prediction markets. Yet as far as stock performance goes, the two companies couldn’t look more different. Robinhood’s shares rose 186% last year, while Coinbase’s fell 12%.... Read more ›
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BitGo, a crypto custody firm, said Monday it’s launching its initial public offering, seeking to raise as much as $201 million at a valuation of up to $1.96 billion. The company began pitching the shares to investors today, meaning they will likely start trading within the next two weeks. BitGo ... Read more ›
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Nvidia CEO Jensen Huang must feel like a child whose parents are perpetually at war. Weeks after he glimpsed a chance to resume sales of AI chips to China—thanks to approval from President Donald Trump—China has said, “Not so fast.” As our Hong Kong reporter Qianer Liu scooped today, the Chinese government has asked local tech companies to temporarily halt any plans to buy Nvidia’s H200 chips. China may yet... Read more ›
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It seems like these days, every big e-commerce and AI company is racing to figure out how to make AI agents that can shop just like a human. In the case of Amazon, the company’s version of AI-powered shopping is becoming widespread enough to step on other retailers’ toes—evidence that it’s pulling ahead in the nascent market.Earlier this week, Amazon sparked blowback from some small retailers that noticed they were... Read more ›
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Most popular sources
TechRadar
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24% 23 |
Business Insider
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20% 5 |
Gizmodo
|
9% 9 |
Mashable
|
6% 3 |
Wired
|
6% 15 |
| View sources » | |
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14.01.2026 17:17
Last update: 17:05 EDT.
News rating updated: 00:11.
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