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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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When Niantic dropped the first Pokémon Go trailer in 2015, it was hard to grasp how a bunch of players could work together to catch a pokémon like Mewtwo. But this week at the game's 10th anniversary event in New York City, Pokémon Go showed the world how it's done. Almost 2,000 players (many of […] Read more ›
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NSE Emerge-listed cybersecurity firm TAC Infosec’s profit after tax (PAT) zoomed nearly 137% to ₹8.1 Cr in the first quarter… Read more ›
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At a Startupfest hardtech panel, Bachar Elzein argued for a wider private capital pool. Read more ›
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It's been three years, but Samsung's next SmartTag tracker could be coming soon. Read more ›
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Expedia ended its Hopper partnership in 2023 for 17 months over deceptive practices. Now the U.S. Federal Trade Commission, in another reputational hit, has reached largely the same verdict, with a $35 million price tag. Read more ›
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According to an analysis by Reuters, Meta's AI image detector fails to identify pictures created by Muse Image in more than half the cases after merely cropping the AI-generated photos. Read more ›
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Google Voice is bringing Gemini's AI note-taking to phone calls, plus new standalone plans that let anyone with a Gmail account run a professional phone system without Workspace subscription. Read more ›
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Разработчик-одиночка под ником JustVugg представил Colibri — движок, который запускает открытую модель GLM-5.2 с 744 миллиардами параметров на обычном компьютере с 25 ГБ оперативной памяти. Для сравнения, даже 2-битный квант моделей этого семейства требует порядка 220 ГБ памяти. На момент написания текста проект собрал более двух тысяч звезд на GitHub.GLM-5.2 — флагманская открытая модель китайской Z.ai, веса опубликованы под лицензией MIT: 744 миллиарда параметров всего, из них около 40 миллиардов... Read more ›
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The LG SIGNATURE DLEX9900S is a massive dryer that stands out with a stunning design, plenty of smart features, and a robust ecosystem to go with it. Read more ›
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The universe keeps telling us that black holes exist in an "impossible" mass zone. That's leaving astronomers to find alternative origin stories for black holes. Read more ›
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Stubhub CEO Eric Baker is pouring millions of dollars into the ticket-scalping market, CBC reports. Read more ›
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Advocates are demanding that the Department of Homeland Security release bodycam footage of the fatal shooting of Lorenzo Salgado Araujo, a Mexican immigrant who was killed by ICE officers in Houston during a traffic stop earlier this week. But DHS claims the agents involved in the shooting weren't wearing body cameras because of the lengthy […] Read more ›
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Google AI Studio now lets users assign personalized ai.studio addresses to full-stack web apps deployed through Cloud Run. Read more ›
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Сегодня вашему вниманию предлагается восьмая серия - Испания и её житель, скрывающийся под позывным DarkLolo. Читать далее Read more ›
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Most of the attacks took place in Latin America, while Africa experienced a decrease. 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 16:09
Last update: 16:00 EDT.
News rating updated: 23:05.
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