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Another day, another barrage of stories about fretful Democratic donors, worried Democratic insiders and a defiant reelection campaign from President Joe Biden. If you’re a liberal Silicon Valley or Hollywood type with strong Biden allegiances and political proclivities, you may find yourself stuck between two playbooks used in business.One would dictate ignoring Biden’s critics, battening down the hatches and riding out the news cycle. Plenty of business success stories are built on a mentality that you ca
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The Information
Elon Musk was listed just below Donald Trump's family but above JD Vance in the campaign's list of attendees for Saturday's rally in Pennsylvania. Read more ›
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Read the complaints submitted to the FTC by users of Donald Trump's social media platform. Read more ›
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A single mad multiverse may not have been enough for Raimi, and rumors suggest he's ready for another Stephen Strange adventure. Read more ›
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Sonic Team will work to keep its games on last-gen systems for as long as possible. Read more Read more ›
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The design identity that Google worked hard to establish is gone. This may be an omen of worse downgrades. Read more ›
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Equipment losses are further straining Moscow's soaring defense spending, which has fueled rampant inflation in the country. Read more ›
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Business Insider's author tried two flight simulators at Skyborne, a pilot training academy, and attempted an ultra-low-visibility landing. Read more ›
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It's hard to believe we're already into October with the iPhone 16 launch behind us, but there's lots more still to come from Apple this year on both the hardware and software fronts. We're still expecting a number of Mac and perhaps some iPad updates in the very near future, while Apple Intelligence features are set to begin rolling out with iOS 18.1 and related operating system updates. The train... Read more ›
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Older Jeeps were known for reliability, but hard use can cause problems in even the sturdiest vehicle. Here's what to look for when buying a vintage Jeep. Read more ›
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Keep your carpet clean and odor-free without straining your budget thanks to this early Amazon Prime Day deal. Read more ›
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The reviews are in, and they're mostly in agreement that "Joker: Folie à Deux" shouldn't expect the same success as its predecessor. Read more ›
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Hardware leaker shares alleged performance numbers for AMD's unreleased Ryzen 9000X3D CPUs. Read more ›
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No one wants to be jolted awake from a blissful afternoon doze-off by a random notification. Read more ›
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VPNs are continually making headlines due to the many advantages they offer. Today, we present NordVPN's exclusive promotional offer. Don’t miss it—this won't last long. Read more ›
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Netflix's new feel-good comedy "Nobody Wants This" stars Kristen Bell and Adam Brody. Here are more shows to watch after binging the rom-com series. Read more ›
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Russia's defense industry is short tens of thousands of skilled workers, and 1970s laws on what jobs women can do aren't helping, data suggests. Read more ›
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The iPhone 17 rumors are certainly up and running now – and the latest to reach us is around displays. Read more ›
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The Information
OpenAI just raised one of the biggest private pools of capital in Silicon Valley history. Ironically, one of the biggest questions is how soon it will try to raise that kind of money again, thanks to its high cash burn.Its $6.6 billion financing capped a convoluted and sometimes chaotic process that spanned continents. Investors are valuing OpenAI at $157 billion—on par with publicly traded firms like Siemens, Goldman Sachs and... Read more ›
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Tesla has embarked on an ambitious effort to design four new versions of its in-house battery to power the Cybertruck, its forthcoming Robotaxi and other electric vehicles, according to people with direct knowledge of its plans. This is the most battery projects the company has worked on simultaneously. The projects come four years after CEO Elon Musk first outlined plans for Tesla’s next battery line, known as the 4680 because... Read more ›
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Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from venture capital. Close to 40% of the new money will go to an opportunity fund that will make follow-on investments in its portfolio companies... Read more ›
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Logistics company Flexport is making fresh job cuts and will sublease excess warehouse space to overhaul the money-losing fulfillment business it acquired from Shopify last year, according to a memo to staff on Wednesday. Flexport, which was valued at $8 billion in a 2022 funding round, has seen revenue drop since then amid a broader collapse in freight markets. At the same time, it has struggled to fit the fulfillment... Read more ›
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Thrive Capital has raised $391.3 million in new capital for an investment vehicle associated with its $3.5 billion growth fund launched in August, according to a securities filing. In March 2023, Thrive similarly raised $744.8 million for an special-purpose vehicle, a pool of capital dedicated ... Read more ›
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There wasn’t any one thing that led to the slow death of Girls in Tech, a standard-bearer nonprofit that provided Silicon Valley women with the kind of mentorship and training opportunities that men took for granted. First, the pandemic struck, and donors shifted their attention to health and science causes. Then the Black Lives Matter movement prompted donors to shift their focus to groups that were more obviously working on... Read more ›
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OpenAI has completed a $6.6 billion fundraise that values the ChatGPT developer at $157 billion, including the investment, the company announced in a blog post on Wednesday. The announcement comes after several weeks of reports the company was in talks with investors including Thrive ... Read more ›
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The internet didn’t hold back in mocking OpenAI and SoftBank in response to my scoop on SoftBank’s Vision Fund investing $500 million at a $150 billion pre-investment valuation in the ChatGPT developer. The commentators quickly interpreted the Japanese telecom giant’s participation in the financing as a sign that the artificial intelligence market is peaking.It’s become clear that the investment firms keen to support OpenAI’s mega-financing are the same ones that... Read more ›
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Tome, a startup whose product uses generative artificial intelligence to quickly generate visual presentations, has laid off nearly a third of its 39 employees, the second round of cuts this year, according to a copy of the announcement. It’s one of a handful of generative AI startups, including ... Read more ›
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Sam Altman should organize a celebration dinner for the men behind the largest venture capital funding round ever. I’d love to overhear SoftBank’s Masayoshi Son give advice to Thrive’s Joshua Kushner on how to avoid giving too much money to charismatic tech founders. Imagine seeing Nvidia’s Jensen Huang and Microsoft’s Satya Nadella fight over the dinner check to thank Altman for creating the product that boosted their own companies’ fortunes.... Read more ›
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Most popular sources
Business Insider
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37% 0 |
Gizmodo
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22% 16 |
Android Authority
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7% 1 |
CNET
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7% 5 |
MacRumors
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3% 5 |
| View sources » | |
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05.10.2024 15:01
Last update: 14:55 EDT.
News rating updated: 21:51.
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