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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U.S. creator economy startups raised more money in the first three months of the year than in any quarter since 2021 as investors placed bigger bets on companies tied to music, artificial intelligence and shopping. U.S. creator startups raised $928 million during the first quarter, nearly two and a half times the funds raised in the same period a year ago, according to new data from The Information’s Creator Economy... Read more ›
1
Executives’ growing willingness to say publicly that they are forgoing hiring in favor of artificial intelligence might be a sign of the times. Businesses are facing more uncertainty than they have in years, with tariff-related disruptions and a broader stock market pullback since the start of this year.As my colleague Aaron Holmes reported today, companies like PayPal, United Wholesale Mortgage and Shopify say they plan to use AI to fill... Read more ›
0
Sheryl Sandberg, the long-time former chief operating officer of Meta Platforms, on Thursday described digital advertising as a fiercely competitive market where consumers have a lot of opportunity to engage with or skip ads, as she testified on the fourth day of an antitrust trial between the ... Read more ›
0
A court in Virginia ruled that Google violated antitrust law by “wilfully acquiring and maintaining monopoly power” for the sale of ads on independent websites across the internet. In tandem with the ruling in August that Google has an illegal monopoly in search, the decision increases the likelihood that Google will be drastically reshaped by court decrees in the next year or two. Google will likely be forced, as a... Read more ›
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A court in Virginia ruled that Google had violated antitrust law by “wilfully acquiring and maintaining monopoly power” for the sale of ads on independent websites across the internet. In tandem with the ruling in August that Google has an illegal monopoly in search, the decision increases ... Read more ›
0
Anthropic has made its first investment in another startup, putting $1 million into Goodfire, a one-year-old startup that helps AI developers understand the inner workings of their AI models, according to a person with direct knowledge of the investment.The check is a small slice of the $50 million raised by the San Francisco-based startup in a new deal that values Goodfire at $250 million, according to Goodfire’s co-founder and CEO... Read more ›
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Advances in artificial intelligence are prompting executives at companies such as PayPal, United Wholesale Mortgage, Shopify and others to move in a direction that has long been a taboo: using AI to fill roles people would have held previously. These firms have either instructed staff to avoid hiring for new roles unless they show the roles can’t be automated, or say they plan to hire fewer people after finding AI... Read more ›
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Nvidia CEO Jensen Huang arrived in Beijing Thursday to reaffirm the company’s commitment to China, amid new U.S. restrictions on the sale of Nvidia’s H20 artificial intelligence chips to China. In a meeting with Ren Hongbin, head of the China Council for the Promotion of International Trade, a ... Read more ›
0
Taiwan Semiconductor Manufacturing Co., the largest chip manufacturer in the world, said on Thursday that it had not observed any changes in customer behavior with regards to new U.S. tariffs. The company maintains a revenue growth target of mid-20% for this year. “We might get a better picture ... Read more ›
0
A U.S. congressional committee is calling for stricter semiconductor export control against China, in light of the technological breakthroughs by Chinese artificial intelligence startup DeepSeek. The Select Committee on the Chinese Communist Party on Wednesday published a report that alleges ... Read more ›
0
TikTok U.S. public policy chief Michael Beckerman, a key architect of TikTok’s efforts to fight a U.S. government ban, has said he is planning to leave Washington and transition to a global advisory role, according to a memo sent to staff viewed by The Information. “Over the coming months, I’ll continue in my current role while leading the search for my successor to ensure a smooth transition,” he wrote to... Read more ›
0
Does Lyft need a new engine to jump-start its performance? We’re thinking of activist investor Engine Capital, which has taken a stake in the ride-hailing firm and today said it would mount a proxy contest to win seats on Lyft’s board. Lyft’s stock price has been stalled (sorry) for years, trading at roughly 80% below its 2019 IPO price. It’s in the doldrums because of its No. 2 status in... Read more ›
0
Four years ago, Lukas Ziegler was programming robots at a Polish distributor for Universal Robots, which makes industrial robots that work alongside humans. At night, he started to post about the robotics industry on LinkedIn, eventually traveling around the world to visit robotics companies and give speeches at robotics trade shows.Ziegler’s online following was already taking off by 2023 when he started working in sales at German startup Energy Robotics,... Read more ›
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Facebook’s and Instagram’s share of the amount of time people spend on social media apps has “gone down meaningfully,” Meta Platforms CEO Mark Zuckerberg testified on Wednesday, saying that “a lot of the interaction” people have directly with their friends has shifted to messaging apps such as Apple’s Message and its own WhatsApp. Zuckerberg’s comments were one of the most striking moments on the third day of the trial for... Read more ›
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Software startup Rippling is finalizing a deal to raise hundreds of millions of dollars from investors including Goldman Sachs, Singaporean sovereign wealth fund GIC and venture capitalist Elad Gil at about a $16 billion valuation, people familiar with the matter said. The funding round would ... Read more ›
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Pinterest in January considered spending hundreds of millions on an acquisition to supercharge its ad sales, said a person familiar with its plans, underlining its ambition to compete more effectively with bigger firms like Meta Platforms. The company, which hasn’t bought a business of any size before, contemplated buying one of five ad tech firms, which help marketers buy ads on websites, the person said. Pinterest didn’t move ahead with... Read more ›
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OpenAI on Wednesday released two new models, o3 and o4-mini, in its line of “reasoning” artificial intelligence, which uses more computational resources to solve more complex problems and come up with new ideas. These two models are the first in OpenAI’s line of reasoning AI to understand images ... Read more ›
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Lyft said Wednesday it will buy FreeNow, a European taxi app, for $197 million in cash from BMW and Mercedes-Benz. The deal marks Lyft’s entry into the European market and its first acquisition in three years. The ridehailing app currently only operates in Canada and the U.S. Hamburg-based ... Read more ›
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OpenAI is in discussions to buy Windsurf, the maker of a popular AI coding assistant formerly known as Codeium, for $3 billion, according to Bloomberg. The deal could help the ChatGPT-maker make inroads with developer customers who use conversational AI tools, such as Anysphere’s Cursor or ... Read more ›
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Meta Platforms’ share of the amount of time people spend on social media apps has “declined…potentially meaningfully,” Meta Platforms CEO Mark Zuckerberg testified on Wednesday afternoon, saying that “a lot of the interaction” people have with friends directly has shifted to messaging apps. ... Read more ›
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09.11.2025 17:44
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