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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Meta Platforms CEO Mark Zuckerberg on Wednesday portrayed TikTok and YouTube as Meta’s primary competitors, saying that TikTok is “bigger than either Facebook or Instagram,” while “people spend more time on YouTube than Facebook and Instagram combined.” Zuckerberg was speaking on the witness ... Read more ›
0
California lawmakers are considering overturning a decades-long moratorium on new nuclear power plants in the state to allow “small modular reactors,” which could help power projects such as artificial intelligence data centers. The bill doesn’t call out specific use cases for the reactors, but ... Read more ›
25
Tesla’s stake as the dominant electric vehicle vendor in California is slipping. Tesla registrations fell 15% in the first quarter from a year earlier, according to The California New Car Dealers Association, while registrations for all other EVs shot up 35%. Tesla’s market share dropped to ... Read more ›
0
OKX, one of the top three global crypto exchanges, says it’s opening in the U.S., bringing fresh competition to the U.S. crypto market that’s dominated by Coinbase. Founded in 2017 by Chinese entrepreneur Star Xu, OKX has hired Roshan Robert, a former executive at crypto prime broker Hidden ... Read more ›
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If you didn’t think OpenAI had enough on its plate already, you might now. Yesterday we got news—confirmed by my colleague Amir—that the company is developing an X-like social feed within ChatGPT, in part so that users can share how they’re using the chatbot to solve problems or create images.There are a couple reasons why this sort of product might make sense. In theory, it could help ChatGPT users navigate... Read more ›
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Next week, a federal judge will start the process of determining how to fix Google’s search engine, which he ruled last summer was an illegal monopoly. No matter what he decides, though, artificial intelligence is already upending the future of Google Search. Over the past two years, as OpenAI’s ChatGPT has grown more popular, Google has overcome a slow start to speed up the release of new AI features for... Read more ›
7
U.S. startups raised $91.5 billion in the first quarter, up 116% from the year ago to the highest level since the fourth quarter of 2021, near the height of the low interest-rate funding boom, according to research firm PitchBook. For the second straight quarter, investments in artificial ... Read more ›
0
Mark Zuckerberg is very confident in his own abilities. His testimony in the government’s antitrust trial today—as reported by my colleague Kalley Huang—made clear his belief that both Twitter and Snap would have been better off if they had accepted the buyout bids he made early in their lives. By the same token, he believes Instagram today is much bigger than it would have been if Meta Platforms hadn’t bought... Read more ›
0
Meta Platforms CEO Mark Zuckerberg last month offered to pay $450 million to settle an antitrust case brought by the Federal Trade Commission—far less than the $30 billion demanded by the FTC—The Wall Street Journal reported Tuesday. That case went to trial on Monday in Washington, where ... Read more ›
0
Figma, a 13-year-old developer of design and collaboration software, has filed confidentially with the Securities and Exchange Commission for a potential initial public offering, it announced in a blog post. Companies that make such filings can take months or longer before listing their shares. ... Read more ›
0
Figma on Tuesday threw a bone to the bankers, lawyers and other advisers who make their living by taking tech companies public. The software firm, which we have reported was planning to list this year, announced it had confidentially filed for an initial public offering. The listing, of course, won’t be for months. There are rounds of regulator reviews and investor meetings in the meantime. But the announcement dropped as... Read more ›
0
Nvidia said Tuesday it expects to incur a $5.5 billion charge in the current fiscal quarter after the U.S. government told the company about new restrictions on the sale of artificial intelligence chips and other related equipment to China. The disclosure prompted investors to push down Nvidia ... Read more ›
0
Instagram users have long complained that the app, which in the early 2010s became a must-have social network for millennials, has lost its way as it prioritizes creators. Emails from this week’s trial to determine whether Instagram-parent Meta Platforms violated antitrust law show how the company’s top executives debated the topic as far back as 2018. In one email from that year, Instagram head Adam Mosseri wrote to Meta CEO... Read more ›
0
Shein and Temu separately told U.S. shoppers this week that they plan to raise prices starting April 25, blaming “recent changes in global trade rules and tariffs.” The China-founded online bargain sellers are facing the end of a U.S. trade provision known as de minimis, which they had used to ... Read more ›
0
Meta Platforms CEO Mark Zuckerberg suggested spinning off Instagram seven years ago, in part because Instagram’s growth was eroding Facebook’s edge, according to newly disclosed emails shown in court on the second day of an antitrust trial between the Federal Trade Commission and Meta. The disclosure was one of a number of startling revelations to emerge from the trial so far, which also included a Meta offer to buy Snap... Read more ›
0
Elon Musk has bet Tesla’s future on self-driving cars and robots, and not the conventional electric vehicles that made its fortune. He rejected internal analyses that concluded that the company’s upcoming Robotaxi would struggle and possibly lose money, according to people familiar with the ... Read more ›
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Activist investor Elliott Investment Management took a stake worth more than $1.5 billion in Hewlett Packard Enterprise and plans to push for changes at the server designer to boost its share price, which has declined around 30% this year, a person familiar with the matter said. Bloomberg first ... Read more ›
0
In an era of vibe coding and artificial intelligence that can build a professional-looking webpage based on a simple prompt, the lines separating software engineers, designers and product managers are getting blurry.At LinkedIn, for example, company leaders are encouraging engineers to use AI to speed up design work and designers to use AI to generate code, Chief Product Officer Tomer Cohen told me. Building products will be less about technical... Read more ›
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Last week’s surge in interest rates, sparked by President Donald Trump’s tariff moves, might end a recent uptick in venture capital investing. Global VC deal value hit $126.3 billion in the first quarter, its highest level in nearly three years, according to data provider PitchBook. The rebound came as the Federal Reserve started cutting interest rates last year, putting the VC market on more stable ground. High interest rates tend... Read more ›
6
Online bargain seller Temu is pulling back from buying digital ads on services including Google, Facebook and Instagram as U.S. tariffs strike at the heart of its direct-from-China business model. In early April, when President Donald Trump announced sweeping tariffs on U.S. trading partners, ... Read more ›
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09.11.2025 20:14
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