Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
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It’s not every day you hear a robotics founder trying to cool the hype surrounding their industry, but Rodney Brooks has seen it all before. Speaking at a conference Tuesday hosted by Stanford’s Institute for Human-Centered AI, Brooks, a founder of multiple robotics companies including the one behind Roomba vacuums, showed attendees a slide on “AI hype cycles I have seen” in his decades-long career. It contained no fewer than... Read more ›
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Amid a prolonged slump in initial public offerings, venture capital firms are shrinking planned funds and abandoning once-promising strategies. That’s heightened competition for the premier positions at venture firms—the general partners who make investment decisions and get a share of the firm’s gains. But some people are navigating the turbulence well. The Information’s VC reporters spoke to dozens of founders, investors and limited partners to identify the people on track... Read more ›
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Last March, our inaugural list of The Next GPs highlighted investors that could be calling the shots at major venture capital firms in the coming years. Today, as we unveil a new list of up-and-comers, we’re also checking in on our 2024 cohort. Some of their investments have already paid off handsomely. Stripe bought Bridge, a stablecoin startup founded by Brex alumni, for $1.1 billion in February, in one of... Read more ›
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Is Elon Musk’s run as a government cost cutter coming to an end? According to a new Politico report, President Donald Trump has been telling members of his inner circle that Musk will step back in the coming weeks and return to his businesses, most notably his struggling electric vehicle maker, Tesla. The White House has downplayed the report, saying Musk will leave in spring as planned. But there have... Read more ›
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Meta Platforms CEO Mark Zuckerberg is lobbying President Donald Trump and his administration to settle a lawsuit that could force the company to sell Instagram or WhatsApp, The Wall Street Journal reported Wednesday. That lawsuit, filed in 2020 by the Federal Trade Commission under Trump’s first ... Read more ›
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The Trump administration said Wednesday that it’s once again ending a trade provision that has attracted scrutiny due to companies like Temu and Shein using it to sell tariff-free Chinese goods to U.S. shoppers. Beginning May 2, packages sent to the U.S. from China and Hong Kong and valued at ... Read more ›
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Keep your eyes peeled on Wednesday for an announcement from President Trump about his plan to keep TikTok alive in the U.S. As I scooped earlier today, Trump plans to announce a proposal for a new company expected to be called TikTok America, which would be roughly 50% owned by new U.S. investors and license TikTok’s algorithm from its Chinese parent company ByteDance. Read the full story here. Now on... Read more ›
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Google is replacing the leader of its Gemini chatbot, a spokesperson said Wednesday, as the company attempts to wrest market share from OpenAI’s ChatGPT. Josh Woodward, currently the head of product incubator Google Labs, will now also lead the Gemini chatbot group, known internally as Bard, ... Read more ›
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Tesla had its worst quarter since 2022 as deliveries fell well below expectations. The company delivered 336,681 vehicles in the first quarter, down 13% from 386,810 in the first quarter of 2024. The company widely missed analyst estimates, spurring concerns the electric vehicle maker was ... Read more ›
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Google is in advanced talks to rent Nvidia’s new Blackwell chips from CoreWeave, the upstart cloud provider that went public last week, The Information reported on Wednesday. CoreWeave shares rose 7% after the publication of the story. The potential deal shows how major Nvidia customers like ... Read more ›
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Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation. The potential deal shows how major Nvidia customers like Google are struggling to get enough of its chips to meet rising demand from their own customers. It also shows how CoreWeave’s special relationship with Nvidia and its ability to move quickly... Read more ›
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President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America, part of his efforts to broker a deal to keep TikTok alive in the U.S., according to a person close to the discussions. It’s unclear whether the Trump administration has approval for the proposed structure from the Chinese government. Under Trump’s proposal, TikTok America would be roughly 50% owned by new U.S.... Read more ›
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Over the last several years, advertisements have seemingly begun creeping into nearly every crevice on Amazon. They populate carousels of products promising to show shoppers what other “customers frequently viewed” on search results. They also appear on pages where shoppers can find deals on Amazon. And they pop up on the checkout page when a customer actually makes a purchase. The changes, all of which have occurred in the past... Read more ›
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Amazon has submitted a last-minute bid to acquire TikTok’s U.S. operations, according to a person familiar with the bid. The company submitted the bid in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick, the person said, though parties involved in the TikTok sale talks ... Read more ›
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The former Rippling employee who allegedly handed information about the company to archrival Deel has confessed to his role in the corporate espionage scheme in a new filing in an Irish court. The former employee, Keith O’Brien, who lives in Ireland, said he struck a deal with Deel CEO Alex ... Read more ›
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We’re starting to see more generative artificial intelligence-related startups announce they’ve crossed $100 million in annualized revenue. According to our Generative AI Database, at least 15 such startups have reached that threshold.The latest is Mercor, which helps OpenAI and other AI developers find contractors to help train new models. They are often experts in subjects like software engineering, law and medicine and help improve AI answers about those fields by... Read more ›
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Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidia’s H20 server chips for running artificial intelligence in the first three months of the year, ahead of a potential U.S. ban on sales of the chip in China, according to two people with direct knowledge of the transactions. The orders represent a sizable windfall for Nvidia—but only if it can deliver... Read more ›
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Arm Holdings is exploring an acquisition of Alphawave, which develops and licenses chip designs, to enhance its ability to design artificial intelligence chips, Reuters reported, citing three people familiar with the matter. SoftBank-owned Arm licenses the build blocks for chip designs to ... Read more ›
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Chinese tech giant Alibaba Group plans to start rolling out a new generation of its flagship artificial intelligence foundation models as soon as this month, according to a person with knowledge of the plan. The upcoming launch of Alibaba’s next-generation family of AI models, known as Qwen 3, ... Read more ›
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You know what kids love? Videogames. And you know what they don’t really love—at least if the small children in my life are any barometer? Advertisements. Yet Roblox, the eponymous company behind one of the most popular videogame platforms for kids, is pinning at least a portion of its hopes for more revenue growth on…advertisements. Read more ›
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Most popular sources
Business Insider
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43% 29 |
Tom's Hardware
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30% 9 |
Mashable
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5% 3 |
Slashdot
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4% 1 |
Android Authority
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2% 2 |
| View sources » | |
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10.11.2025 02:44
Last update: 02:30 EDT.
News rating updated: 09:30.
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