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 ›
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Treasury Secretary Scott Bessent said delisting Chinese stocks from U.S. exchanges would be a possibility. “Everything is on the table,” he said in an interview with Fox Business News’ Maria Bartiromo Wednesday morning about the Trump Administration’s moves to impose steep tariffs on Chinese ... Read more ›
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Microsoft is weighing whether to lay off middle managers and nontechnical staff in the coming months, Business Insider reported on Wednesday. Microsoft’s cybersecurity unit, led by Charlie Bell, could be a target of layoffs, according to the report. The ruminations come as the broader tech world ... Read more ›
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Amazon has cancelled some wholesale orders for products manufactured in China and other Asian countries, Bloomberg reported on Wednesday. One order that Amazon cancelled last week was for $500,000 worth of beach chairs manufactured in China, according to Bloomberg. Amazon also reportedly ... Read more ›
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President Donald Trump has decided to pause new restrictions on artificial intelligence chips Nvidia sells in China following a dinner that CEO Jensen Huang attended with Trump in Mar-a-Lago last week, NPR reported. Trump changed course after Huang promised new investments in AI data centers in ... Read more ›
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Google Cloud executives announced a flurry of new and coming-soon AI products at its annual Cloud Next conference in Vegas on Wednesday, as the company attempts to use its proprietary AI models to compete with larger cloud rivals Amazon and Microsoft. Google announced new tools for building and ... Read more ›
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Direct-to-consumer razor and personal care products maker Harry’s is rebranding to Mammoth Brands, the company said Wednesday, part of its shift to become a holding company for buying up consumer startups. The company has been active in buying and launching related shaving and deodorant brands ... Read more ›
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Large language models have a lot of great applications but a few bad ones as well: for instance, they help criminals launch targeted cyberattacks faster than they previously did. In the year after ChatGPT was released, the number of sites found to be “phishing,” or trying to convince victims to disclose their ID and payment credentials, increased 138% to 5 million, according to consultancy McKinsey & Co. While that’s bad... Read more ›
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Big stock market sell-offs present surprising opportunities. Here’s one: Amazon, the killer of bricks-and-mortar retail, is now much cheaper than Walmart, the king of bricks-and-mortar retail. This swap has been happening in slow motion for the past few months. President Donald Trump’s liberation day put the shift into high gear. Trump’s tariffs pose meaningful risks to both companies, since they import a ton of goods and are vulnerable to a... Read more ›
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Forget tariffs and the stock market roller coaster just for a moment. As much as Trump’s tariffs pose a worry to tech (as we discussed here and here), a much bigger existential threat is lurking in the background for many app-based companies. And that is artificial intelligence agents, software that enables a chatbot to order a pizza, book a flight or handle various other tasks on behalf of a consumer.... Read more ›
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Charles Hudson’s Precursor Ventures, a nine-year-old firm specializing in writing the first investment checks to nascent startups, just raised $66 million for its fifth fund. That’s 20% less than Hudson raised for his firm’s fourth fund, in 2021, and shows the rising challenge of VC fundraising these days.Since venture funds can’t rely on startup acquisitions or initial public offerings to return cash to their limited partners, he expects the tough... Read more ›
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Memory chip designer Micron recently told U.S. customers it plans to impose a surcharge on some products to account for President Donald Trump’s tariffs, Reuters reported. Micron makes hardware that’s critical to storing data in data center servers, including those powered by Nvidia artificial ... Read more ›
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Andreessen Horowitz is raising $20 billion, its largest fund in the firm’s history, to back mature artificial intelligence companies, according to a report from Reuters. The fundraising efforts come as the firm has been busy stockpiling several AI bets, from coding assistant Cursor to Elon Musk’ ... Read more ›
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Zoox said Tuesday it will start collecting data for autonomous driving in Los Angeles this spring using cars driven by a human operator. The Amazon-owned company will then test autonomous driving, meaning autonomous rides monitored—but not driven by safety drivers, this summer. The expansion to ... Read more ›
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Meta Platforms has put the turmoil around TikTok to good use. Amid a barrage of headlines about the White House’s efforts to broker a deal for the app—and China’s move to quash one—the Instagram owner has been reiterating to creators that it’s a smart alternative. Last week, Instagram head Adam Mosseri told his staff that if TikTok were banned or otherwise disrupted, Instagram would have to be willing to assume... Read more ›
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Crypto company Ripple is paying $1.25 billion to acquire Hidden Road, a crypto and FX prime brokerage that has become popular for financing trading by institutions. Ripple aims to use Hidden Road to help boost the use of its stablecoin, Ripple USD, as well as blockchain XRP Ledger. Hidden Road ... Read more ›
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The Trump tariff-driven stock market sell off resumed on Tuesday, after a market rally earlier in the day. Major tech stocks fell, led by Apple once again, which dropped 4.7% to $172.95 and is now down 31% for the year, according to Koyfin. Tesla shares also fell 5%, bringing its year to date ... Read more ›
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Amazon is broadening its Temu bargain shopping competitor, Haul, to offer a wider variety of goods, including name-brand items from Amazon’s own inventory that it ships from U.S. warehouses. When Amazon launched Haul late last year, the storefront only offered unbranded products from outside ... Read more ›
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Online sellers are responding to President Donald Trump’s tariff announcements by tacking on checkout fees—some with cheeky names—or planning to do so. At the same time, sellers are gaming out exactly how much to increase their list prices and when, based on fast-evolving trade policies and competitive pressures. Jolie Skin Co, a New York–based showerhead seller that makes its products in China, is planning to hike prices once final tariffs... Read more ›
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Twenty-four aerospace industry founders, investors and executives are preparing to submit a letter of support for Jared Isaacman’s nomination as NASA Administrator, ahead of his appearance before the Senate Committee on Commerce, Science and Transportation on Wednesday. Signatories include ... Read more ›
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10.11.2025 17:18
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