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At least one Wall Street firm is sensing an opportunity in the panic around failed Silicon Valley Bank. Traders from Jefferies are contacting startup founders with money stuck at the bank, offering to buy their deposit claims at a discount, according to several people with direct knowledge of the matter.
The firm is offering at least 70 cents on the dollar for deposit claims, one of the people said, although that price is likely to change. The team is having conversations with startups over the weekend, ac
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After meeting in the Oval Office, Trump and NYC Mayor-elect Zohran Mamdani sounded a largely conciliatory note. Read more âș
5,334 fresh
At a recent event this week, the health secretary speculated that aluminum in vaccines is causing children's peanut allergies. Read more âș
1,036 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
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Curiosity Stream's owner has more content for AI companies than it does for subscribers. Read more âș
739 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
583 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
529 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
493 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
472 fresh
Google's AI infrastructure chief tells staff it needs thousandfold capacity increase in 5 years. Read more âș
440 fresh
Judge Leonie Brinkema said a âdramaticâ forced sale may not be âeasily enforceableâ Read more âș
398 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
318 fresh
In its 74-year history, the Miss Universe pageant has faced numerous scandals, from women losing their crowns to the wrong winner being named onstage. Read more âș
278 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
272 fresh
The owner of Wisconsin's Whitecap Mountains Resort filed for Chapter 11 bankruptcy after back-to-back winters of "extremely low" snowfall. Read more âș
242 fresh
With Cameron's 10th movie, 'Avatar: Fire and Ash', a month away, we put previous work like 'Aliens' and 'Titanic' to the test. Read more âș
230 fresh
Google and the Justice Department had their last chance to make their case before Judge Leonie Brinkema Friday before she decides whether Google needs to be broken up to remedy its ad tech monopoly. Brinkema expects to issue her ruling next year, but understands that âtime is of the essence,â as Reuters reported. While the [âŠ] Read more âș
227 fresh
From $70,000 in Maine to $250,000 in New York, here's what every US governor makes, and why some even give up their salaries. Read more âș
212 fresh
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
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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
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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
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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
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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
11
Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the U.S., moving ahead with its plan to list despite a recent-sell of crypto-related stocks. The filing comes a day after it raised $200 million from Ken Griffinâs Citadel Securities at a $20 ... Read more âș
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21.11.2025 19:26
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