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Chinese social media giant Kuaishou Technology is planning to spin off its Kling AI video business ahead of an initial public offering next year, in an attempt to capitalize on investors’ appetite for AI stocks, according to two people with knowledge of the plans.
Kuaishou has held talks with potential investors for a pre-IPO funding round that values Kling at $20 billion, the two people said. Kling develops AI video generation models that compete with those from ByteDance, Google and Alibaba.
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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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OpenAI has merged the ChatGPT app with Codex, but many users feel disappointed with the change. Read more ›
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This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: President Donald Trump is purging a federal elections commission. What’s happening? This is not the Federal Election Commission being purged, but rather the Election Assistance […] Read more ›
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We are writers and editors, not clinicians, psychologists, or therapists. What follows is our reading of published research, not advice. The studies here are mostly observational or small, and a pattern across a group of people is not a prescription for any one reader’s life. When we feel stressed, most of us reach for something ... Read more Read more ›
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In a filing, Apple says former employees who left for OpenAI had access to its systems after leaving. Read more ›
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Google's Magic Pointer could change how you interact with Gemini on Googlebooks. Read more ›
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Speed limits aren't the same from one state to another. Prima facie speed limits may sound like legal jargon, but they can affect how tickets are handled. Read more ›
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The iPhone-maker claims OpenAI encouraged poached employees to bring over confidential presentations, secret prototypes, and key supplier details. Read more ›
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Apple sued OpenAI on Friday, accusing the AI startup of stealing Apple trade secrets as part of a “systematic effort” to develop its own AI-powered devices for consumers. The lawsuit says that OpenAI has recruited more than 400 former Apple employees to work at the company and names two of those Apple alumni as defendants: Tang Tan, OpenAI’s chief hardware officer, and Chang Liu, a member of OpenAI’s technical staff.... Read more ›
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A new analysis found Google’s AI Overviews answered factual questions correctly about 90% of the time, yet more than half of those correct responses weren’t fully supported by the sources Google cited. Google’s AI-powered search is getting better at answering ... Read more ›
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Lawsuit marks collapse of relationship between two of the biggest names in Silicon Valley Read more ›
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Some iPhone screens can get down to a single nit of brightness, but these tricks will help it appear even dimmer. Read more ›
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As more fleets turn to electric vehicles in Europe, it’s worth asking just how drivers are experiencing the transition. The transition from diesel to electric freight transport isn’t simply a matter of switching vehicles; it changes how routes are planned, where drivers stop, how they take breaks, and how they interact with their vehicles throughout ... Read more ›
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OpenAI on Thursday launched ChatGPT Work, a new AI agent embedded inside its flagship chatbot that aims to transform ChatGPT from a question-and-answer tool into an autonomous work platform capable of executing complex, multi-step tasks across users' email, calendars, code repositories, and messaging apps.The product is powered by OpenAI's latest flagship model, GPT-5.6, and is designed to go far beyond generating text. ChatGPT Work can gather context from connected apps,... Read more ›
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Apple today accused OpenAI of stealing Apple trade secrets and intellectual property in its effort to develop an AI hardware device. In a lawsuit filed with the Northern District of California, Apple said it uncovered evidence of a months-long scheme to steal confidential information. Apple says OpenAI hardware lead and former Apple designer Tang Tan and former electrical engineer Chang Liu directed Apple employees interviewing with OpenAI to provide details... Read more ›
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Let's be real, OpenAI isn't giving up on the browser market, it is just changing its strategy. Read more ›
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Samsung's foldable phone launch will take place later this month in London. We'll be there. Read more ›
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The Information
Back in 2023, Matias Gandulfo and Lucas Tepman set out to build the first club in San Francisco devoted to padel, a racket sport that combines elements of tennis and squash. It originated in Mexico and is popular in their native Argentina, attracting millions of players. But potential California landlords for the club thought they were nuts: No way would padel take off in America, too. The two eventually found... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Pickleball is the past—the tech elite is obsessed with padel. • Plus, an Americana-themed batch of Recommendations—our weekly pop culture picks: “The Americans,” “East of Eden,” “High Desert Daydream,” “Lonesome Dove,” USA vs. Belgium, and “The Twilight Zone.” The year’s midpoint is an apt moment for some studied reflection, and I’ve been thinking about how much has changed in the last six... Read more ›
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Walmart isn’t generally thought of as an advertising business, but the retail giant now makes more money selling ads than small social media firms like Snap or Pinterest do. And judging by the growth of its ad business in recent years, along with its acquisition of companies aimed at bolstering that business, it’s positioned to become an even more important presence in the industry. Walmart’s ad revenue hit nearly $6.4... Read more ›
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Tesla said it rolled out its Robotaxi service in Miami on Friday, according to a post from its social media account on X. It’s the fifth city the automaker has launched its ride-hailing service as the company continues to expand its self-driving efforts alongside rivals like Waymo and Zoox. ... Read more ›
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Tech IPOs are definitely getting more interesting. On the heels of last week’s debuts by Bending Spoons and Lime, this week we’ve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO... Read more ›
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Alibaba Group and ByteDance will stop offering their chatbot apps’ features that enable users to create their own personalized AI agents, as Beijing prepares to enforce new rules on humanlike AI interactions. ByteDance’s Doubao, China’s most popular AI app by users, and its rival Qwen from ... Read more ›
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Singaporean prosecutors filed new charges against one of the suspects in a case related to smuggling Nvidia chips from the Southeast Asian country to other destinations such as China. The case began in February 2025 and has since expanded, as prosecutors alleged that the suspects falsely ... Read more ›
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Broadcom and Apple agreed to expand their “longstanding technology collaboration through 2031,” Broadcom said in a securities filing, adding that the companies had struck “new multi year” agreements for Broadcom to develop and supply custom chips for Apple to use in various products. Apple has ... Read more ›
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The world’s largest companies may not be hurriedly replacing traditional enterprise applications with vibe coded alternatives, but some smaller firms are. Greenleaf Management, an Atlanta-based real estate property and investment manager with about 55 employees, saved around $100,000 annually by replacing Salesforce’s customer relationship management software with a custom application developed using AI tools from startup Replit and Claude Code, said Dave Codrea, a partner at the company. The new... Read more ›
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Microsoft is laying off 4,800 employees, primarily in its Xbox and sales units, chief people officer Amy Coleman said in a memo to staff Monday. Coleman said that the cuts in sales were due to reorganizations as Microsoft shifts its business to focus more on AI products, including the creation ... Read more ›
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10.07.2026 17:16
Last update: 17:11 EDT.
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