Amazon launched a new artificial intelligence-powered product recommendation feature Thursday, the e-commerce giantâs latest move to incorporate more AI features into both its consumer-facing shopping experience as well as the systems that power its search and recommendation features. The new ... Read more âș
77 fresh
TikTok is implementing drastic leadership changes that pull the video app closer to the orbit of its parent ByteDance, just as Washington and Beijing are on the cusp of reaching a deal over the appâs future in the U.S. TikTokâs global content and distribution partnership teams, both led by Western executives, will be moved under Fiona Zhi, a Bytedance veteran who has been TikTokâs product chief since 2023, according to... Read more âș
66 fresh
President Donald Trump has called off plans to send the National Guard on Saturday into San Francisco, after he said friends who live in the area urged him not to go ahead with it. âGreat people like Jensen Huang, Marc Benioff, and others have called saying that the future of San Francisco is ... Read more âș
39 fresh
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HongShan, the Chinese venture capital giant formerly known as Sequoia Capital China, is leading the funding round in artificial intelligence agent Genspark that will value the startup at more than $1 billion, according to two people with knowledge of the deal. Genspark has secured commitments ... Read more âș
33 fresh
A few years ago, Elon Musk pitched Apple unsuccessfully on the idea of his company, SpaceX, providing satellite connectivity to iPhones. There are tantalizing hints that such a deal could be back on the table. In recent months, in anticipation of a possible future arrangement with Apple, SpaceX has added support in its new satellite designs for the same radio spectrum Apple uses for the iPhoneâs current satellite features, which... Read more âș
6 fresh
The Ellison familyâs Paramount Skydance has made three offers for Warner Bros. Discovery in the past month, at steadily rising prices, the New York Times reported on Thursday. All the offers were rejected. Paramountâs offers for WBD began at $19 a share and rose to $23.50 a share. Before ... Read more âș
6 fresh
You can count the number of breakout consumer AI applications on the fingers of one hand. Thereâs OpenAIâs ChatGPT andâŠthatâs about it, at least so far. Suno, which helps people create music using conversational prompts, isnât yet a breakoutâbut it could be soon. The company is generating around $150 million in annual recurring revenue from subscriptions to its app, up nearly four times from a year ago, according to a... Read more âș
3 fresh
Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startupâs $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more âș
1
Teslaâs net income fell 37% year-over-year to $1.4 billion in the third quarter, the company said Wednesday, attributing the decline to factors including tariffs and increased research and development spending. Meanwhile, revenue grew 12% year-over-year to $28.1 billion due in part to a surge in ... Read more âș
0
Battery materials company Redwood Materials said Thursday it had raised $350 million to expand of its new line of business repurposing used batteries to power AI data centers. Its new valuation, of more than $6 billion, is 20% higher than its last fundraising in 2023. The funding, led by ... Read more âș
0 fresh
The UK Competition and Markets Authority said on Wednesday that Google and Apple had âstrategic market statusâ for their dominance over the mobile phone markets, opening the two tech companies up to stricter regulation. The CMA said in a statement that both platforms have âsubstantial, ... Read more âș
0
Reddit is suing AI search startup Perplexity and a group of firms that scrape data from the social media firmâs chat forums for copyright infringement. The lawsuit follows a cease and desist letter Reddit sent Perplexity barring the startup from scraping its site. Reddit is accusing four data ... Read more âș
0
Meta Platforms is cutting about 600 employees from its artificial intelligence organization, Meta Superintelligence Labs, a spokesperson said. The layoffs come after the unit, which had about 3,400 employees as of this summer, restructured itself in August. The cuts will affect the organizationâ ... Read more âș
0
Much of the rhetoric around commerce and AI imagines a revolution in how we find and buy things. OpenAI joined the discourse when it announced that you can buy directly through ChatGPT via partnerships with Walmart, Shopify and Etsyâall powered by Stripe. Theyâre not alone. AI answer engine Perplexity launched one-click checkout with PayPal in 2024, AI fashion agent Daydream is turning conversations into personal styling sessions, and AI browser... Read more âș
0
Influencer marketing startup ShopMy said Wednesday that it raised $70 million in new funding from investors including growth equity investment firm Avenir, Bain Capital Ventures, Bessemer Venture Partners and Menlo Ventures. The new funding brings the companyâs valuation to $1.5 billion. The ... Read more âș
0
Before we get to todayâs column, weâd be remiss not to mention OpenAIâs release on Tuesday of its new web browser, news of which we first scooped almost a year ago. The new browser, ChatGPT Atlas, is yet another example of OpenAI expanding its reach into consumersâ online lives, just as other tech incumbents such as Google and Apple have done. Among Atlasâs features: the ability to remember usersâ browsing... Read more âș
0
As TikTok readies itself for the expected sale of its U.S. business to a new venture controlled by American investors, the company is trying to boost its commerce business, TikTok Shop. But the measures it has taken risk alienating merchants who sell on the shopping service. TikTok Shop in recent weeks has begun pushing sellers to switch to a new ad-buying tool that promotes videos linking only to TikTok Shop,... Read more âș
0
Amazon Web Services is releasing a new product aimed at making it easier for advertising technology companies to use cloud technology and integrate with one another. Thatâs notable because many advertising technology companies have not yet migrated to the cloud, said AWS global head of ad tech ... Read more âș
0
Microsoft raised CEO Satya Nadellaâs total compensation for the year ending in June to $96.5 million, up from $79.1 million last year, the company said in a filing. Over $84 million of Nadellaâs compensation was in stock. Nadellaâs pay rose because he âpositioned Microsoft as a clear artificial ... Read more âș
0
Sequoia Capitalâs former chief operating officer, Sumaiya Balbale, resigned from her job this summer after partner Shaun Maguire made posts on X she considered Islamophobic, according to the Financial Times, which cited people with knowledge of the situation. In July, Maguire accused New ... Read more âș
0
OpenAI continued its march to world domination, unveiling its long-anticipated Web browser, ChatGPT Atlas. It offers some snazzy features, including a split-screen view that allows you to ask ChatGPT questions related to the webpage youâre on without switching tabs. Given how difficult it is to change peopleâs ingrained habits, getting consumers to switch to a new browser may be toughâcertainly harder than getting them to try the chatbot. But at... Read more âș
0
Anthropic is in talks with Google to access additional computing power in a deal in the high tens of billions of dollars, according to a person with knowledge of its plans. Talks are still early, and deal terms could change. Google is an existing cloud provider for Anthropic, which recently ... Read more âș
0
After four years in a deep freeze, initial public offerings are finally showing signs of life. Tech companies like Klarna, StubHub, and Figure have recently hit the exchange, signaling that the long initial public offering winter mayâat lastâbe coming to an end. But itâs not just IPOs driving renewed optimism. Mergers and acquisitions, special purpose acquisition companies, and direct listings are also on the rise, giving founders a growing number... Read more âș
0
Amazon aims to avoid significantly growing its U.S. workforce while doubling the volume of products it sells by 2033, the New York Times reported on Tuesday, citing internal company documents. Without robotics and automation, the company would expect to need to hire more than 600,000 more people ... Read more âș
0
A flurry of tech mergers and acquisitions catalyzed by the artificial intelligence boom has been big business for lawyers. Latham & Watkins, which has landed on some of the highest-profile deals, says tech is moving fast and companies are keeping pace, sometimes getting transactions done in days. âItâs speed oftentimes because the deal is existential to the business, whether itâs getting the acquisition done before a competitor or raising capital... Read more âș
0
OpenAI on Tuesday unveiled ChatGPT Atlas, a web browser that allows users to search the web alongside a companion ChatGPT sidebar, confirming earlier reporting from The Information. The browser heightens OpenAIâs competition with Google, which handles most search questions on the web, including ... Read more âș
0
Netflix reported 17% higher revenue of $11.5 billion, right in line with its projection issued in mid-July, while operating income rose 28% to $3.2 billion. The companyâs shares fell 6% in after-hours trading, perhaps because of investor disappointment that Netflix didnât exceed its ... Read more âș
0
Google Cloud has hired Karthik Narain, a software industry veteran who was most recently chief technology officer at Accenture, to fill the newly created role of chief product and business officer, CEO Thomas Kurian announced in a LinkedIn post. Narain, who reports to Kurian, now oversees around ... Read more âș
0
Meta Platforms CEO Mark Zuckerberg must testify in the trial for a lawsuit alleging social media companies have harmed young users, a Los Angeles Superior Court judge ruled on Monday, CNBC reported. Instagram head Adam Mosseri and Snap CEO Evan Spiegel will also have to testify in the trial, ... Read more âș
20
Around the start of this year, executives at artificial intelligence providers like OpenAI and Salesforce said 2025 would be âthe year of agents,â making it seem like fully autonomous AI would soon take over human jobs. Since then, Salesforce, Microsoft, SAP and many others pitched roughly seven types of agent to automate white collar tasks in realms like coding, HR, finance, and sales. But the promise of truly autonomous agents... Read more âș
0
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23.10.2025 16:19
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