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The hedge fund TCI cut almost all of its $8 billion stake in Microsoft, the Financial Times reported Friday, due to what CEO Christopher Hohn described in an investor letter as “uncertainty over Microsoft’s competitive position in the future” as AI threatens to replace existing software like ...
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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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Hyatt wants investors to place more value on its premium guests. The catch: much of its growth pipeline depends on its easier-to-scale Essentials brands. Read more ›
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The AI arms race just took another sharp turn. Anthropic, the company behind Claude, has climbed past OpenAI to become the world’s most valuable AI startup after announcing a staggering $65 billion Series H financing round, valuing the company at ... Read more ›
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A decade ago, Nintendo made a big splash into the world of mobile gaming with a new Super Mario platformer directed by none other than Shigeru Miyamoto. But even though the game proved popular, it wasn't the success the company had hoped for. Over the ensuing years Nintendo has slowly retreated from smartphone gaming, with […] Read more ›
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House of the Dragon and a new Larry David series are among the new titles coming this month. Read more ›
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Microsoft is launching a revamped version of Microsoft 365 Copilot, offering a cleaner design that the company claims loads twice as fast. As part of this update, Copilot will provide more reliable and structured responses that are easier to scan, according to Microsoft. The redesign, which is rolling out across desktop and mobile devices, comes […] Read more ›
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Businesses are aware of AI-powered attacks, but their infrastructure can't keep up with the speed of change. Read more ›
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If you like to read by the pool or at the beach, the 2021 Kindle Paperwhite remains one of the best e-readers available despite its age. That’s because, unlike Amazon’s latest entry-level Kindle, the last-gen Paperwhite is waterproof. And now through June 14th (or while supplies last), it’s on sale at Woot with ads, 16GB […] Read more ›
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Microsoft, Databricks, SAP and other AI software providers are fighting over control and access to enterprise data known as the semantic layer, as we reported last week. Semantic layers are essentially a data management tool that companies use to standardize definitions for their business metrics, such as revenue and customers, and are now enabling AI to work more accurately and efficiently inside enterprises.Retailer Lowe’s, for instance, recently began using its... Read more ›
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Apple’s foldable iPhone, which is rumored to be called the iPhone Ultra, is expected to launch alongside the iPhone 18 Pro lineup in September. Several leaks have already offered a glimpse at the foldable’s design. Now, a case manufacturer has seemingly revealed the device’s design through newly surfaced renders. The leaked case renders showcase the iPhone Ultra from multiple angles. The device is shown in a black finish and, based... Read more ›
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Baseten’s talks to raise fresh funding at an $11 billion valuation are the latest sign that investors are betting the messy work of helping developers run AI models can become one of the next big businesses in AI. That boom has lifted a group of companies including Baseten, Fireworks AI, Together AI and Modal. These startups give customers access to GPU capacity and offer software that makes AI models easier... Read more ›
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Here are hints and the answers for the NYT Connections: Sports Edition puzzle for May 29, No. 613. Read more ›
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Google’s new Fitbit Air is generally available this week and if it was something you had your eye on, it can be purchased and slapped on a wrist within a few days. We’ve been testing a review unit for almost 3 weeks now and figured that was plenty of time to get you some final... Read the original post: REVIEW: Fitbit Air is Really Great for $99 Read more ›
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Here are some hints and the answers for the NYT Connections puzzle for May 29, No. 1,083. Read more ›
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Here are hints and the answer for today's Wordle for May 29, No. 1,805. Read more ›
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The Information
OpenAI CEO Sam Altman suggested Wednesday that even if the company makes a filing for a public offering, it may hold off on the actual listing. In a company-wide meeting, he noted that filing for an initial public offering was different than being ready to go public and said the company wouldn’t ... Read more ›
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Workday shares climbed more than 10% in after-hours trading on Thursday after the HR application maker said the number of customers using its AI agents in the three months ended April 30 roughly doubled from the previous quarter to more than 4,000. Gerrit Kazmaier, the company’s president of ... Read more ›
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SpaceX postponed its closely watched first Starship test launch of 2026 after encountering last-minute problems on the launch pad Thursday evening. In a post on X, CEO Elon Musk said the “hydraulic pin holding the tower arm in place did not retract” and said SpaceX would launch the rocket ... Read more ›
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If SpaceX pulls off what is widely described in the news media as the “largest IPO in history” next month, it will be a testament to Elon Musk’s skills as a salesman. The company’s newly public IPO prospectus makes it plain that SpaceX is largely a telecom firm with a rocket launch business on the side, with future growth coming from a cloud computing arm. Valued in line with its... Read more ›
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On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary Sam Altman had some IPO news of its own: OpenAI was planning to file its IPO prospectus within weeks. The news not only took some of the spotlight away from SpaceX’s upcoming public debut, but also that of Altman’s other rival, Anthropic. Now, it seems, there are a trio of trillion dollar IPOs in the... Read more ›
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Oura Health, which makes rings that track users’ health data, filed its initial public offering paperwork Thursday with the U.S. Securities and Exchange Commission, the company said. Oura has not yet determined the number of shares it’ll offer, nor the proposed offering’s price range. The ... Read more ›
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Chinese battery giant Contemporary Amperex Technology, better known as CATL, is planning to invest in Chinese AI developer DeepSeek’s fundraising, according to two people with direct knowledge of the matter. CATL’s planned investment comes as it is aggressively stepping up its efforts to sell power equipment to AI data centers. DeepSeek’s first-ever funding round, which aims to raise about 50 billion yuan ($7.35 billion), could close as early as next... Read more ›
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Meta Platforms has quietly launched a new app called Forum, part of a new push by the Facebook owner to launch a lot of new apps. The app lets users select topics they’re interested in and customize their feed by choosing which topics they want to see more or less of, according to its Apple App ... Read more ›
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Microsoft has opened a new front in the AI data wars, blocking partners from connecting their data management tools to a popular product as it tries to defend its business software strength in the era of AI agents. The friction centers on Power BI, a Microsoft product nearly all Fortune 500 firms use to analyze data about their operations in charts and other visual formats. Databricks, a longtime Microsoft partner... Read more ›
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When business leaders are preparing for an important presentation, their teams sometimes need to shut down their other work for days or even weeks to clear time for the prep work: multiple meetings to bat around ideas, long email threads to pin down the overarching narrative, and a constant stream of notifications as various stakeholders mark up the draft slides. Many organizations are willing to dedicate lots of people to... Read more ›
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28.05.2026 16:43
Last update: 16:31 EDT.
News rating updated: 23:30.
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