Things have never been better for Shopify. The e-commerce firmâs 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 âș
71
The president of the European Commission, Ursula von der Leyen, said Europe could tax digital ad revenues of Meta Platforms and Google in retaliation for tariffs imposed by the U.S. on Europe. Von der Leyen was speaking in an interview with the Financial Times. She said the European Commission ... Read more âș
12
Creators are staring down what they say is a growing threat: artificial intelligence-powered searches cutting into their lucrative product recommendations. More people are turning to AI tools like ChatGPT and Perplexity to search the web for information and shopping inspiration, and Google has started adding more AI-powered features to its search, such as quick summaries of answers that appear at the top of a search results page called AI Overviews.... Read more âș
60
Advertisers are rethinking their spending plans, a sign that economic uncertainty sparked by President Donald Trumpâs tariff program is having an impact on business investment. But the impact wonât be felt evenly. Big tech companies that sell advertisingâGoogle, Meta Platforms and Amazonâare likely to hold up better than other media firms, ad executives say, because ads on those services tend to drive sales. Worst affected could be TV and streaming... Read more âș
2
Google Cloud pulled out all the stops at its annual developer conference in Las Vegas this week to demonstrate that customers are getting good results from artificial intelligence services, speeding up production and offering new services to customers. But as tariffs roil markets and dampen the economic outlook, how much businesses spend on AI remains the biggest question.David Glick, senior vice president of enterprise business services at Walmart, spoke glowingly... Read more âș
26
Honeycomb, a San Francisco-based startup that helps engineers identify and resolve bugs, has acquired Grit, a coding startup that helps companies maintain their software and codebase, Honeycomb CEO Christine Yen confirmed. Grit raised a $7 million seed round in 2023 from firms such as Founders ... Read more âș
0
ByteDanceâs revenue from international operations, which are primarily TikTok, rose 63% to $39 billion in 2024, said a person with knowledge of the companyâs financials. The international revenue accounted for a quarter of ByteDanceâs total last year, the highest it has ever been, as growth in the companyâs Chinese operations slowed. The results highlight how much the Chinese tech giant has riding on the future of TikTokâs U.S. operations, which... Read more âș
39
Amazon CEO Andy Jassy earned $40.1 million last year, according to Amazonâs proxy statement published on Thursday. That figure includes stock that vested during the year, as well as salary, and was a 37% increase from the $29.2 million Jassy earned in 2023. Even though Jassy had 6% fewer shares ... Read more âș
0
Donald Trump signed an order Wednesday that targets Christopher Krebs, a critic of the president and the former head of the Cybersecurity and Infrastructure Security Agency during the first Trump administration. The order is the latest in a string of attacks the president has mounted on people, ... Read more âș
13
I donât envy AI investors right now. The price of AI startup shares (unlike the value of my stock portfolio) seem to be only going up, which means itâs riskier to make new bets. And the way startups are disclosing financial metrics to investors seems to be getting more muddied. Take annual recurring revenue, which typically multiplies the past monthâs subscription revenue by 12. Itâs a crucial metric for investors... Read more âș
0
Last June, at Appleâs annual developers conference, the company offered a dazzling demonstration of how artificial intelligence could supercharge Siri, the iPhoneâs virtual assistant. But behind the scenes and in the months that followed, the Siri team couldnât make up its mind about the basic technology needed to make it all work. One option they considered was to build small and large language models, which they dubbed Mini Mouse and... Read more âș
6
OpenAI countersued Elon Musk, saying Musk has harmed the ChatGPT maker by using Muskâs X network to conduct âmalicious campaigns,â unfairly disrupted its business and issued a âsham bidâ to acquire OpenAI. As a result, OpenAIâs lawyers in a Wednesday filing said it is entitled to restitution and ... Read more âș
21
Shoutout to Thomas Kurian, chief of Google Cloud, who delivered a roughly 90-minute-long keynote address at the cloud unitâs developer conference in Las Vegas today. Even as chaos reigned in the markets and talk of a looming recession circulated, Kurian stood onstage wearing a suit, calmly talking up Google Cloudâs new artificial intelligence services, with a presentation supplemented by some snazzy videos and cameo appearances by his boss, Sundar Pichai,... Read more âș
3
Skincare and cosmetics startup Glossier is in talks to raise a new round of funding that could cut the companyâs valuation nearly in half, Puck reported Wednesday. The company is aiming to raise $100 million and a potential deal could value the company at less than $1 billion, a sharp decline ... Read more âș
0
China on Wednesday said that any deal for TikTok to remain operating in the U.S. will have to comply with Chinese law, reiterating what TikTokâs Chinese parent company ByteDance said last week. When asked about Trumpâs second 75-day deadline extension, China said it âopposes practices that ... Read more âș
0
A nonprofit is trying to bring more legal rigor to the creator economy. Creators Guild of America is releasing a legal document for creators that outlines basic protections for their deals with brands, social platforms and agencies. It aims to provide a standard for the industry, covering topics including timely payments and how a creator's content can be reused or repurposed, including by artificial intelligence systems. Read more âș
38
President Donald Trump suspended for 90 days plans to impose higher tariffs on 75 countries around the world, while simultaneously raising tariffs charged on Chinese imports to 125%, sending the stock market roaring on Wednesday afternoon. The Nasdaq Composite Index rocketed 12%, recovering much ... Read more âș
0
Nuro, which sells autonomous driving software and sensors, said it has raised $106 million in a Series E round that values the 9-year-old company at $6 billion, 30% lower than its last round in 2021. The investment brings its total funding to $2.2 billion. The latest roundâs investors include T. ... Read more âș
0
Although many businesses are still experimenting with LLMs, some enterprise leaders are already eyeing the next evolution of AI: autonomous agents that act on their own rather than merely generating outputs on command. But which early use cases are the most promising? What benchmarks can organizations use to measure the success (or failure) of their new digital workers? And how can leaders overcome the skepticism of employees who are worried... Read more âș
0
Amazon is scheduled to launch the first non-prototype satellites for its Project Kuiper internet service into orbit on Wednesday night. The launch, which will bring 27 Kuiper satellites into orbit, is scheduled to take place after 7 p.m. EST on Wednesday in Cape Canaveral, Fla., according to ... Read more âș
0
Treasury Secretary Scott Bessent said delisting Chinese stocks from U.S. exchanges would be a possibility. âEverything is on the table,â he said in an interview with Fox Business Newsâ Maria Bartiromo Wednesday morning about the Trump Administrationâs moves to impose steep tariffs on Chinese ... Read more âș
0
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09.11.2025 22:33
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