Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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Google is paying “enormous” sums of money to guarantee its Gemini AI chatbot placement on Android phones, such as those sold by Samsung, in a repeat of its playbook for Google search which the court has ruled illegal, a lawyer for the Justice Department claimed in court on Wednesday. The lawyer, ... Read more ›
0
Google’s role in the AI sector will be in the spotlight this week, as the Justice Department makes its case in a Washington court for how to deal with what the court has already found to be Google’s illegal search monopoly. We’ll keep you updated.Meanwhile, looking back at last week, we had both an AI snafu and—perhaps more importantly—OpenAI’s o3 and o4-mini releases. Developer reactions to the new models were... Read more ›
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Tesla plans to delay the production of its more affordable SUV, presumed to be a stripped down Model Y, Reuters reported Friday, in what could push back the new model’s release and add to pressure on Tesla’s sales. Global production is expected to begin in the U.S. a few months behind schedule, ... Read more ›
0
Amazon has hitched its artificial intelligence wagon to Anthropic, investing $8 billion in the startup and heavily promoting its AI to customers of the Amazon Web Services cloud unit. But AWS has fumbled Bedrock, a key service its customers use to build applications with Anthropic AI models. Customers who have used Bedrock say its application programming interface puts arbitrary limits on how much they can use Anthropic’s models and lacks... Read more ›
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U.S. bank regulators on Friday approved Capital One’s proposed $35 billion acquisition of Discover, clearing the way for the banks to complete the deal in May. The green light is a positive sign for executives and dealmakers hoping for a more favorable environment for bank mergers under the ... Read more ›
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Downloads of Chinese shopping apps DHgate and Taobao have surged over the past week, after viral TikTok videos claimed that the apps could help U.S. shoppers buy cheap versions of popular luxury brands directly from manufacturers in China. DHgate, a wholesale marketplace app, ranked as the top ... Read more ›
0
Welcome, Weekenders! In this newsletter:• The Big Read: Unity Software hopes for resurrection after a dramatic implosion• The Top 5: Inside tech’s robot bonanza • Plus, our Recommendations: Spotlight and the snitches; an “ER” for our era; and Jensen Huang, thinking machineHi, It’s Abe Brown, editor of The Information’s Weekend section. Normally, I begin this newsletter with a column—usually about a person, company or trend that captured tech’s attention during... Read more ›
1
The robots are coming! Or so it appears. After decades of speculation about the arrival of robots that get closer to the ones envisioned in science fiction, venture funding to robotics companies has shot up in recent years—hitting $7.2 billion in funding last year, a 30% increase from 2020. Robotics mania is closely linked to the dawn of the AI era, with the significant advances in artificial intelligence making it... Read more ›
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There were plenty of surprising revelations about Meta Platforms this week, thanks to its antitrust trial, most obviously that CEO Mark Zuckerberg mused in 2018 whether to spin off Instagram. But even more striking was The Information’s report on Thursday night that Meta for much of the past year was trying to get other big tech companies to help fund its Llama AI models. It seems there is a limit... Read more ›
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A federal judge halted agencywide job cuts at the Consumer Financial Protection Bureau a day after employees at the agency received termination notices that would have cut 90% of staff. U.S. District Judge Amy Berman Jackson on Friday said she would be issuing a written order blocking the ... Read more ›
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In mid-September 2023, Rami Ismail was at his home in the Netherlands when his phone began to buzz, buzz and buzz again. Ismail, a videogame developer who’d become well known for a hit iPhone game, Ridiculous Fishing, often received unsolicited messages from other indie designers, but even so, this was an unusually intense flurry of activity. Every message asked a variation of the same question: “Have you seen what Unity... Read more ›
0
Netflix co-CEOs Ted Sarandos and Greg Peters each cleared $60 million in their max compensation packages for 2024 as a result of the company’s blockbuster year. However, a large portion of both executives’ compensation is based on restricted and performance-based stock grants, which vest over ... Read more ›
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Uber is in talks to buy Trendyol Go, a Turkish food and grocery delivery platform whose parent company is majority-owned by Alibaba, according to Bloomberg. A deal has not been signed yet and talks could fall through before a final agreement is reached, the news service said. The San Francisco ... Read more ›
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In a blockbuster year so far for artificial intelligence deals, no startup has come close to OpenAI, which just raised $10 billion in a financing valuing the ChatGPT maker at $260 billion before the investment. Now we have more details on the funding, which lead investor SoftBank has promised will total up to $40 billion by roughly year-end unless OpenAI doesn’t turn itself into a for-profit company with ordinary shares... Read more ›
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Before we get to today’s big tech developments, be sure to check out the scoop we just published about Meta Platforms asking companies like Microsoft and Amazon to help fund its Llama AI development. It’s a sign that the enormous costs of AI are straining even the coffers of one of the richest companies in tech… Right now, it’s all tech antitrust, all the time. As Meta’s former No. 2... Read more ›
0
Meta Platforms over the past year asked Microsoft, Amazon and others to help pay the costs of training Meta’s flagship large language model, Llama, according to four people briefed on the discussions. Meta’s overtures reflected worries about the growing costs of its artificial intelligence development, according to two of the people. In exchange for financial help, Meta discussed offering incentives, such as giving financial backers the ability to influence Llama’s... Read more ›
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The amount of time Instagram users spent on the app’s feed and Stories feature in the second half of 2020 was expected to fall 5% short of projections prepared a year earlier, thanks to stiff competition from TikTok, according to an analysis prepared for Meta’s board that was shown on the fourth ... Read more ›
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Funding for U.S. creator economy startups is roaring back—with a caveat. Investors are making bigger bets on fewer companies, mirroring the broader funding environment for startups.As we outlined in a story earlier today, U.S. creator economy startups raised more money in the first three months of the year than in any quarter since 2021, when investor excitement around the creator economy peaked. Funding for these U.S.-based companies jumped nearly 140%... Read more ›
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Netflix generated $10.5 billion in revenue during the first quarter of 2025, with an operating margin of 31.7%. Starting with this quarter, Netflix has said it will no longer disclose quarterly subscriber data during earnings unless it passes certain milestones. It ended 2024 with more than 300 ... Read more ›
0
OpenAI late last year discussed acquiring Anysphere, the developer of popular coding assistant Cursor, according to a person familiar with the talks. Around that time, OpenAI was in similar discussions with a number of other coding assistant startups, the person said. Now OpenAI is in ... Read more ›
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Business Insider
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46% 24 |
Tom's Hardware
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29% 11 |
Slashdot
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3% 1 |
Android Authority
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3% 1 |
Eurogamer.net
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3% 1 |
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09.11.2025 17:48
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