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Private credit has turned from a growth opportunity to a source of worry for investors that own shares in big asset managers. Anxieties about how the rise of AI could hurt software companies that have borrowed hundreds of billions have escalated the concerns about the sector that started brewing last fall.
In recent months, investors in several high-profile private credit funds have rushed to pull money out, in some cases forcing funds to cap their withdrawals. Meanwhile, shares in big investing firms that
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Richard Allen didn't invent the automobile bike rack - his 1967 patent application makes it clear that others came before. But after nearly sixty years selling popular and simple mechanical bike carriers, his company Allen Bikes now offers a line of - yes - Bluetooth-monitored suction cups to stick bikes to your car. If you […] Read more ›
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A lot of people are looking for ways to improve, preserve, and prolong their brain’s health. Just look at the seemingly endless amount of self-help books, podcasts, phone apps, TikToks, and Instagram Reels dedicated to the subject. And, frankly, it makes sense. Alzheimer’s disease and dementia — conditions that fundamentally involve the loss of one’s […] Read more ›
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IBM and Arm are teaming up to let Arm-based software run on IBM Z mainframes. Network World reports: The two companies plan to work on three things: building virtualization tools so Arm software can run on IBM platforms; making sure Arm applications meet the security and data residency rules that regulated industries must follow; and creating common technology layers so enterprises have more software options across both platforms, IBM said... Read more ›
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Early in the first Trump administration, the legal journalist Benjamin Wittes coined one of the best descriptions of how President Donald Trump governs: “malevolence tempered by incompetence.” Trump, as Wittes originally wrote, often issued executive orders that were not vetted by lawyers or policy experts — and thus were vulnerable to lawsuits and often achieved […] Read more ›
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After a few weeks of suffering for Spidey fans, the lord publisher giveth, and the lord publisher taketh away. Read more ›
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Anker this week launched a useful new accessory for your desk, debuting the 10-in-1 Nano Power Strip. Priced at $70, the Nano Power Strip has a unique clamp design that puts multiple ports on your desktop while eliminating cable clutter. I was able to test out the Nano Power Strip ahead of when it launched, and found it to be a useful alternative to standard under-desk power strips. The power... Read more ›
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Independent researchers in the U.S. have confirmed that China has managed to create a new carbon sink out of portions of Earth’s second-largest ‘mobile desert.’ Read more ›
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During Wednesday's game between the Tampa Bay Rays and the Milwaukee Brewers, umpire CB Bucknor took a foul ball to the mask and had to be helped off the field. It was the cap to what has been a particularly bad week for one of the most controversial umpires in baseball. It started with perhaps […] Read more ›
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Most people spend decades climbing a ladder they never chose, only to reach the top and realize they've been measuring success by someone else's ruler—but there's a quiet, daily practice that can transform your later years from a scorecard competition into something far more meaningful. Read more ›
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While we obsess over making perfect choices, psychology reveals that true wisdom lies in mastering the art of carrying our irreversible decisions—the ones that haunt us at 3 AM—without letting them poison our present moments. Read more ›
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While everyone else is strategically positioning themselves and perfecting their appearance, the person who captures the room's attention is often the one who forgot they were supposed to be performing in the first place. Read more ›
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OpenAI is acquiring TBPN, a business talk show that’s popular among Silicon Valley elites, as it continues to battle its negative public image. Read more ›
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It was late January, and Pinterest engineer Teddy Martin was on edge about recent layoffs at the company. Martin had just survived a round of cuts, but he and other employees were confused about who was being let go and why, and explanations from top executives including CEO Bill Ready had done little to quell […] Read more ›
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Реальный кейс: как LLM заменяет трех технологов на металлургическом заводе - и почему универсальный подход не сработал.Как я научил ИИ читать советские ГОСТы и сократил подготовку карт контроля с 2 часов до 5 минут. Читать далее Read more ›
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The day I sat in my car after another soul-crushing meeting and realized my bone-deep exhaustion wasn't from overwork but from the invisible labor of pretending to be someone I wasn't, everything I thought I knew about burnout shattered. Read more ›
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In a surprise release, OpenAI has made ChatGPT's Voice mode available through Apple CarPlay. If you're running the latest version of both iOS and the ChatGPT app, and own a CarPlay-compatible vehicle, you can check out the experience. To get started, download all the necessary software, connect your iPhone to CarPlay and select "New voice chat" from ChatGPT. When the in-app text indicates ChatGPT is "listening," you can start a... Read more ›
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Five former AI insiders debate whether artificial intelligence will erase jobs, reshape power, and unlock breakthroughs in medicine and education. Read more ›
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The Information
Elon Musk’s X laid off its chief marketing officer and more than 20 other staff in non-engineering roles in recent weeks, the Wall Street Journal reported. The company has also brought in Jon Shulkin, a longtime Musk investor and ally, to work as chief revenue officer as the site tries to cut ... Read more ›
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Anthropic executives have discussed an initial public offering of the AI firm’s shares as soon as the fourth quarter this year, according to people familiar with the matter. Bankers vying to take Anthropic public expect the company to raise more than $60 billion in the initial public offering, said some of the people. That could be the second-biggest such deal after SpaceX, which is expected to raise as much as... Read more ›
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David Sacks said he has stepped down as the Trump administration’s AI and crypto czar, confirming Thursday that he exhausted his 130-day limit as a special government employee. In an interview with Bloomberg Television, the venture capitalist, who took the role at the start of Trump’s second ... Read more ›
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This morning we published a list of 15 venture capital partners our sources tell us could be slated to become general partners, or the top decision makers at their firms. One thing that’s clear from the dozens of conversations I had to report on the list: Investors need to be more creative—and move faster—than ever to win deals. Take Yazan El-Baba, a partner at San Francisco-based VC firm Emergence Capital.... Read more ›
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It was a brutal day on Wall Street—particularly for shares of Meta Platforms, Reddit and Snap. While the Nasdaq dropped 2.4%, shares of the social media firms plunged between 8% and 10% as the implications of Wednesday’s verdict in the social media addiction lawsuit sank in. That verdict, which found Meta and Google’s YouTube liable for negligence, didn’t concern either Snap or Reddit, mind you. Snap had settled before the... Read more ›
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A federal judge in California granted Anthropic a preliminary injunction halting the Pentagon’s designation of the AI startup as a supply chain risk while Anthropic’s lawsuit against the Department of Defense proceeds. In her order, Judge Rita Lin of the Northern District of California wrote ... Read more ›
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Anthropic is discussing an initial public offering that could happen as soon as the fourth quarter of this year, The Information reported Thursday. Bankers vying to take the company public have said it could raise as much as $60 billion, the report said. Meanwhile, Anthropic on Thursday said it ... Read more ›
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China’s largest chipmaker, Semiconductor Manufacturing International Corp., has been supplying chipmaking tools to Iran’s military for roughly a year, Reuters reported, citing two U.S. officials. The tools were sent to Iran’s military-industrial complex and could be used to produce chips for a ... Read more ›
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Shortly after OpenClaw shot to popularity in January, a newly hired product manager at Tencent in China became obsessed with the open-source software for building AI agents. That manager, Shuyu Zhang, quickly came up with the idea for QClaw, an OpenClaw-based agent that can be installed with one click and controlled with Tencent’s WeChat app, hugely popular in China. QClaw is one of eight OpenClaw-based applications and services Tencent introduced... Read more ›
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Over much of the past year, David Holz, the 37-year-old founder of Midjourney, has devoted himself to a single task: reassuring fans of his AI image-making tool that a new, significant update—version 8—would indeed arrive soon. Initially, Holz said it might come at the end of 2025. That date slipped to January. Then February. Then earlier this month. On March 11, Midjourney users confronted Holz about version 8’s ETA on... Read more ›
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02.04.2026 16:11
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