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Shoppers using AI are seeking refunds and disputing credit card charges at an elevated rate, highlighting the financial risks of AI-powered shopping, according to Carlo Bruno, vice president of product at payments firm Adyen. Companies must figure out how to handle that risk before AI can reliably tackle online purchases, Bruno said.
The technology hasn’t had a “big bang” moment yet, Bruno said. “Everyone is thinking of agentic commerce as some massive launch moment, that one day we have bots transacting f
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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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A federal judge decided to dismiss an xAI lawsuit against OpenAI with prejudice. Read more ›
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Today Fox Corporation has announced that it's entered a definitive agreement with Roku to purchase it for $160 per share, of which $96 will be cash and the rest will be Fox shares. This transaction values Roku at $22 billion, but it's actually unclear how much Fox is paying. For what it's worth, it says it has obtained $12 billion of fully committed bridge financing from Morgan Stanley for the... Read more ›
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Concrete and wood both require very different bits to drill into them, and each material has different types of bits depending on what you need. Read more ›
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Ventuals, one of the teams behind real-world asset perpetuals on Hyperliquid, said it is closing its markets and joining another project in the ecosystem. Read more ›
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Mistral has spent months saying Europe needs independent AI infrastructure. Recent US restrictions on Anthropic may have just strengthened that case. Read more ›
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Toronto accelerator program is expected to support as many as 60 sports tech startups. Read more ›
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Rupert Murdoch spent decades chasing a digital TV Guide. His son Lachlan just bought one, but TV is different now. Here's what it means for streaming. Read more ›
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At Washington's request, Anthropic suddenly took its newest and most powerful AI models offline over the weekend. The American company said it had little choice after the White House demanded it block access for all foreign nationals, including its own employees. Abroad, the incident offered a sobering reminder that the US not only dominates frontier […] Read more ›
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How a mobile-friendly platform is fulfilling the global demand for serialized romance and fantasy fiction. How people enjoy reading has changed dramatically in the last couple of decades. Today, readers often turn to their phones for their next quick escape, be that social media or gaming. Sagabox has taken this mobile-centric approach to storytelling and created a space for […] Read more ›
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Google Chrome version 150 and 151, expected in late June and July, respectively, will cut off support for the last remaining workarounds for running older ad blockers, 9to5Google reports. Google phased out support for ad-blocking extensions built for Manifest V2, like uBlock Origin, in 2024. At that point, most Chrome users either switched to newer […] Read more ›
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Two jurisdictions in Tennessee just passed a data center moratorium as three more a set to vote on bills that delay these projects. These temporary bans have gained widespread support, especially in rural regions where developers are increasingly looking to for building their massive projects. Read more ›
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Many sites may be selling their users' data to third parties without them knowing. Read more ›
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16 years after the release of "The Social Network," Aaron Sorkin will tell the story of how Facebook infiltrated our daily lives in "The Social Reckoning." Read more ›
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The Information
Apple launched a much anticipated new version of its Siri voice assistant at the start of its annual developer conference on Monday, which users will be able to access through a new Siri app. The refreshed voice assistant, now called Siri AI, which uses Google’s Gemini models, will allow users ... Read more ›
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OpenAI said on Monday that it has filed draft paperwork for an initial public offering with the Securities and Exchange Commission, a week after rival Anthropic said it had done the same. OpenAI also plans to let employees sell their shares ahead of the IPO, according to a person familiar with ... Read more ›
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OpenAI on Monday had good news and bad news for the media corps that avidly follows its every twist and turn. The good news is that it filed confidentially to go public, a week after Anthropic did the same thing. (Yippee!) The bad news: OpenAI said it has “not decided on timing yet” and “it may be a while because there are things we want to do that are likely... Read more ›
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Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick off within the next month, according to multiple people with direct knowledge of the conversations. Databricks has indicated to investors the new round could lift its valuation to between $165 billion and $175 billion. That would mark a jump from its $134 billion valuation, including the money raised, in a round... Read more ›
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The U.S. Department of Defense on Monday added more than a dozen Chinese tech companies including Alibaba and Baidu to a blacklist, a move that could further escalate tensions between the world’s two largest economies. Electric vehicle makers Byd and Nio, humanoid maker Unitree, Yangtze Memory ... Read more ›
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When Founders Fund earlier this year set out to raise its latest fund, a $6 billion vehicle to back mature startups like Anduril, it was the first time in the firm’s two-decade history it had asked its limited partners for more cash within two years of its prior fundraise. The reason: It had already blown through the $4.6 billion fund it raised last year, thanks to investments in seven startups,... Read more ›
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Big news: Anthropic has a new version of a Mythos-class model coming later today called Claude Fable, according to a person with knowledge of the release. It’s a neutered version of Mythos with safeguards to protect against its misuse either in cybersecurity hacks or the construction of bioweapons, the person said.For those who have been living under a rock, Anthropic first previewed Mythos in April, describing it as an ultra-powerful... Read more ›
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SpaceX’s Starlink is hitting new roadblocks with regulators India over concerns about how its satellite internet service has been used in the Iran war, Bloomberg reported on Tuesday. Iranian regulators have not approved Starlink, but the U.S. has smuggled thousands of terminals into the country, ... Read more ›
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Broadcom said Tuesday that it is launching a new fund—backed by Apollo and Blackstone—to help finance more than 20 gigawatts of AI data centers through 2028 using chips designed by Broadcom, including projects tied to Anthropic and OpenAI. Apollo will lead an initial $35 billion commitment to ... Read more ›
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Software companies and their shareholders have watched the recent growth of Anthropic and OpenAI with unease. But the mood is shifting as customers complain about AI costs, and the old guard smells blood in the water. Last week, Palantir CEO Alex Karp and his lieutenants told his customers at an event outside San Francisco that they’re foolish to do business directly with AI firms rather than with intermediaries like his... Read more ›
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15.06.2026 14:44
Last update: 14:35 EDT.
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