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Stripe has cut the valuation for its multi-billion-dollar fundraising by about 10% to around $50 billion, according to two people familiar with the situation, underlining the challenges that Stripe has faced in completing the fundraising.
While Stripe is still expected to complete the funding round, it is now setting the per-share price at about $20, down from about $23 a share, these people said. The earlier per-share price translated to a valuation of $55 billion, which was already a huge discount to the
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The Information
After meeting in the Oval Office, Trump and NYC Mayor-elect Zohran Mamdani sounded a largely conciliatory note. Read more âș
3,148 fresh
At a recent event this week, the health secretary speculated that aluminum in vaccines is causing children's peanut allergies. Read more âș
731 fresh
The Miss Universe 2025 winner is Miss Mexico FĂĄtima Bosch. She took the crown after weeks of drama at the pageant. Read more âș
614
After previewing its plans to open a marketplace to "redistribute" dormant handles last month, X has made the feature available to all Premium+ subscribers on the platform. The feature allows subscribers to request new handles that up to now have been unavailable because they belonged to accounts that have since become inactive. The marketplace offers two types of handles: "priority" and "rare." For priority handles, X has suggested the goal... Read more âș
443 fresh
The Trump administration has been something of a pendulum in its position on the war in Ukraine, swinging between pro-Ukraine and pro-Russia positions over the past year. This week, it is swinging hard toward Moscow. Earlier this week, Axios reported on a new 28-point Trump administration plan to end the war in Ukraine, echoing the [âŠ] Read more âș
415 fresh
Here's some light â and revolting! â reading while we wait for the Epstein Files to be released (or stonewalled). You can now peruse the Jeffrey Epstein emails, recently released by Congress, in a simulated Gmail account."You're logged in as Jeffrey Epstein," the Jmail website reads. (Ick.) Luke Igel, CEO of Kino, and software engineer Riley Walz collaborated on the project. The latter is one of the creators of the... Read more âș
386 fresh
Microsoft has acknowledged in a support article that major Windows 11 core features including the Start Menu, Taskbar, File Explorer and System Settings break after applying monthly cumulative updates released on or after July 2025. The problems stem from XAML component issues that affect updates beginning with July's Patch Tuesday release (KB5062553). The failures occur during first-time user logins after cumulative updates are applied and on non-persistent OS installations like... Read more âș
368 fresh
Voting system required three keys. One of them has been "irretrievably lost." Read more âș
338 fresh
A funny burger tweet illustrates Google's AI comeback, showcasing strong spatial reasoning and image-generation improvements. Read more âș
330 fresh
Google's AI infrastructure chief told employees the company must double its AI serving capacity every six months in order to meet demand. In a presentation earlier this month, Amin Vahdat, a vice president at Google Cloud, gave a presentation titled "AI Infrastructure." It included a slide on "AI compute demand" that said: "Now we must double every 6 months.... the next 1000x in 4-5 years." CNBC reports: The presentation was... Read more âș
295 fresh
'Assassin's Creed IV: Black Flag' is shockingly old enough that Ubisoft might release a remake in the next dew months. Read more âș
280 fresh
Curiosity Stream's owner has more content for AI companies than it does for subscribers. Read more âș
277 fresh
The Senate homeland security committee's chair has asked researchers to turn over troves of documents related to the January 6 attack, vaccines, and more, according to a letter reviewed by WIRED. Read more âș
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Using Jmail, you can read thousands of Jeffrey Epstein's emails in a familiar format. Use the star function to highlight notable finds. Read more âș
242 fresh
Microsoft is bringing the Xbox Full Screen Experience (FSE), which adds a console-like UI while navigating through your game library on a PC with a controller, to laptops, desktops, and tablets. FSE launched with the Xbox Ally and Xbox Ally X, and it has so far only been available on PC handhelds. The expansion to [âŠ] Read more âș
225 fresh
Google's AI infrastructure chief tells staff it needs thousandfold capacity increase in 5 years. Read more âș
222 fresh
While tuberculosis can attack anywhere, it's extremely rare on the penis. Read more âș
215 fresh
Apple is testing iOS 26.2, a new version of iOS 26 thatâs going to come out right around mid-December. iOS 26.2 is going to bring big changes to iPhone users in Japan, but there are also quite a few feature tweaks available for everyone. Weâve rounded up all of the new features your âiPhoneâ will get in iOS 26.2. Reminders In the Reminders app, thereâs a new option to have... Read more âș
188 fresh
The SEC has officially dismissed its high-profile case against SolarWinds and its CISO that was tied to a Russia-linked cyberattack involving the software company. Reuters reports: The landmark case, which SEC brought in late 2023, rattled the cybersecurity community and later faced scrutiny from a judge who dismissed many of the charges. The SEC had said SolarWinds and its chief information security officer had violated U.S. securities laws by concealing... Read more âș
185 fresh
Get lifetime access to Skoove Premium piano lessons for $99.97 (reg. $299.99), including 400+ interactive lessons, real-time AI feedback, and unlimited learning. Read more âș
183 fresh
The Information
At Teslaâs annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Muskâs other companies, xAI. But Muskâs revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more âș
49
Weâre moving off the (unresolved) AI bubble debate to a much more fundamental question about AI. That is whether decisions about an enormously costly technology, which threatens to put many people out of work, should be left to tech leaders or discussed more broadly. It turns out Republicans may have the best handle on this issue, most obviously Florida governor Ron DeSantis. Heâs long been vocal about the threat AI... Read more âș
47
Microsoft will invest $5 billion in Anthropic, and Nvidia will invest $10 billion in the startup, the three companies announced on Tuesday. Meanwhile, Anthropic will spend at least $30 billion to rent servers from Microsoftâs Azure cloud equipped with Nvidia chips over an unspecified period, and ... Read more âș
44
Appleâs succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely wonât happen until after late January when ... Read more âș
39
Before we get to Gemini 3, we want to highlight this morningâs news that former Harvard University President Larry Summers has resigned from OpenAIâs board of directors following a congressional committeeâs release of emails showing a personal correspondence between him and convicted sex offender Jeffrey Epstein. Summers had been on the board of the ChatGPT-maker for two years. His departure follows his decision to step back from public commitments in... Read more âș
30
OpenAI CEO Sam Altman told colleagues last month that Googleâs recent progress in artificial intelligence could âcreate some temporary economic headwinds for our company,â though he added that OpenAI would emerge ahead. After OpenAI researchers heard that Google had created a new AI that appears to have leapfrogged OpenAIâs in the way it was developed, Altman said in the memo that âwe know we have some work to do but... Read more âș
30
Welcome, Weekenders! In this newsletter:âą The Big Read: Inside Grindrâs boardroom feud ⹠Plus, our Recommendations: âHarry Potter and the Sorcererâs Stone,â âA Biography of a Mountainâ and âMaterialistsâA bit of housekeeping: The Informationâs Weekend section is looking for a reporter for a beat weâre calling âtech wealth and culture.â This person will cover how Silicon Valleyâs moguls live largeâtheir pursuits, their pastimesâand how they spend their money. Hereâs a... Read more âș
27
The White House is working on an executive order that will direct the Justice Department to sue states that pass their own laws regulating artificial intelligence, according to a draft of the order reviewed by The Information. The order, which is still in the drafting phase, could change. The timeline for when it will be formally announced is also unclear. The move is part of a long-standing effort this year... Read more âș
19
For 15 years, Goldman Sachsâ private tech conference in Las Vegas has been the event for taking the pulse of startup dealmaking. Years ago, it was possible to run into founders such as Uberâs Travis Kalanick and Instagramâs Kevin Systrom raising money for their then-small startups. The conference is much bigger now (which makes some investors grumble), but it remains a nexus for investors who want to throw money at... Read more âș
16
Thinking Machines Lab, the company co-founded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks with potential investors to raise about $5 billion in the startupâs next round of funding, according to a person who spoke with Murati. That target would more than triple the capital the ... Read more âș
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Most popular sources
Business Insider
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46% 29 |
Gizmodo
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5% 11 |
Tom's Hardware
|
5% 1 |
Android Authority
|
5% 7 |
Engadget
|
4% 2 |
| View sources » | |
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21.11.2025 21:10
Last update: 20:55 EDT.
News rating updated: 04:01.
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