President Donald Trump’s plan to impose 100% import tariffs on semiconductors is unlikely to affect the advanced chips designed by Nvidia and big U.S. tech firms for artificial intelligence. But depending on how the tariffs are applied, they could raise the cost of older chips which power a wide range of consumer goods, from home appliances and automobiles to consumer electronics and industrial tools. Trump said the 100% chip tariffs... Read more ›
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David Ellison’s Skydance Media has taken control of Paramount Global, ending the Redstone family’s decades-long run with the aging entertainment company and thrusting the family of Oracle founder Larry Ellison more deeply into Hollywood. The renamed Paramount Skydance will be controlled by ... Read more ›
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At Replit, a maker of artificial intelligence–powered programming tools, the launch of a new coding agent last September put its sales into overdrive. Annualized revenue at the startup surged to more than $32 million in February from a measly $2 million last August. In July 2025, it hit $144 million, according to a person close to the company. But its potential to become profitable is another story. As revenue has... Read more ›
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Shares of Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics and SK Hynix closed higher on Thursday, as all the companies appear to emerge unscathed in President Donald Trump’s proposed 100% tariffs on all imported semiconductors. TSMC, the world’s largest chipmaker ... Read more ›
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For just a minute, can we put aside relentless fundraising from artificial intelligence startups? Let’s give some airtime to the gig economy firms of an older generation of startups that are now minting the kind of money these newer firms can only dream about. Yes, we’re talking about the second-quarter numbers out Wednesday from Uber, DoorDash, Lyft and Airbnb, which between them generated $4.2 billion in free cash flow in... Read more ›
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Mobile ad tech firm AppLovin continued to report gangbusters growth in the second quarter, posting 77% higher revenue of $1.26 billion, above the upper end of the company’s guidance. AppLovin has been on a growth tear lately, so much so that it even started getting under the skin of Google, the ... Read more ›
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Elon Musk’s X is using parent company xAI’s Grok artificial intelligence tools to handle more of the social media site’s advertising business, Musk and other xAI executives said Wednesday. X is using Grok to improve targeting based on user data, Musk and xAI’s head of ads engineering Roman ... Read more ›
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DoorDash’s revenue growth accelerated to 25% in the second quarter, the food-delivery firm reported on Wednesday, as gross-order volume growth also picked up. Meanwhile, DoorDash reported an operating profit of $163 million, compared with an operating loss of $201 million a year earlier. ... Read more ›
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President Donald Trump said Wednesday that he will impose tariffs of about 100% on chips imported into the country, although the charge will not apply to companies who are “building” in the United States including Apple. “We’re going to be putting a very large tariff on chips and semiconductors, ... Read more ›
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Airbnb posted 13% higher revenue for the second quarter, more than double the growth rate of the first quarter and the fastest the travel bookings firm has grown since the start of last year. Airbnb’s free cash flow was $1 billion, in line with a year earlier. The revenue lift was despite a ... Read more ›
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When Pepsi acquired probiotic soda maker Poppi in May for nearly $2 billion, influencer Alix Earle also won big. The TikTok star, who promoted the brand on social media and appeared in the company’s Super Bowl commercial, got equity in the company rather than just the typical cash payment. Curate Capital, a venture capital firm that invests in early-stage consumer goods companies founded by women, sees an opportunity for more... Read more ›
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In an interview with The Information’s TITV, Uber CEO Dara Khosrowshahi said that the company is growing quickly by leveraging its unique position as both a ride and delivery platform. And he laid out a fresh prediction around when autonomous drivers could match the number of human drivers on ... Read more ›
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Uber CEO Dara Khosrowshahi is having a good year. Despite growing competition and the looming rise of autonomous vehicles, the company announced another quarter of solid growth and a $20 billion share buyback. And, as he shared with me in an interview on The Information’s TITV on Wednesday, it’s all a pretty simple strategy: “We are both in ride hailing and in delivery, and we’re able to bring consumers onto... Read more ›
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Apollo Global Management is acquiring a majority stake in Stream Data Centers, as the asset manager looks to capitalize on a boom in data centers and artificial intelligence. Founded in 1999, Stream Data Centers develops and operates data centers and has delivered more than 20 campuses across ... Read more ›
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President Donald Trump plans to announce that Apple will invest an additional $100 billion into U.S. manufacturing at an event later on Wednesday, according to Bloomberg. With the pledge, the iPhone maker is likely hoping to avoid costly tariffs by helping Trump with his goal of bringing ... Read more ›
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Big checks, cheap energy and the prospect of fast growth lured artificial intelligence companies to the Middle East. Now they are facing a reality of tough deal terms and delays that raise questions about their own growth trajectories. Saudi Arabia and the neighboring United Arab Emirates have made big pushes to invest in domestic AI projects with the goal of diversifying their economies away from energy. Saudi and UAE state... Read more ›
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Shopify stock jumped 19% after the ecommerce software firm reported 31% revenue growth and said it wasn’t seeing any impact on shopper behavior from President Trump’s tariffs so far. The report was the latest sign that business was strong in the quarter after doubts flared in April when ... Read more ›
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AI developers rejoice! After months of buildup, OpenAI yesterday finally released the first open-weight large language models it’s put out since 2019, which in AI land is forever. (ChatGPT itself was released less than three years ago.) The impetus for OpenAI to launch an open-weight model goes back to China’s DeepSeek, which exploded onto the scene late last year with its own open-weight model. Shortly after that release, OpenAI CEO... Read more ›
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Disney plans to take Hulu’s brand global: Hulu will replace the Star tile on Disney+ in international markets as it becomes the general-entertainment programming brand within Disney+. The full integration of Hulu into Disney+ is expected to be completed by next year. Disney is betting that a ... Read more ›
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Investors have embraced vibe coding as the next big thing in artificial intelligence. They are pouring cash into fast-growing companies offering coding assistants that can speed the work of software engineers—or potentially replace them. That optimism may be shortsighted. The companies that make AI models, such as OpenAI and Anthropic, are developing their own coding assistants, creating serious competition. Most coding assistant startups rely on these same AI giants to... Read more ›
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17.03.2026 08:08
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