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 ›
81
We keep hearing that companies are still hesitating about paying for new artificial intelligence tools. Yet companies filing to go public nowadays appear to have no such hesitation. Trading app eToro, for instance, which filed to go public Monday night, said in its IPO paperwork, “We’re already using AI to provide users with personalized insights, identify trends, and optimize their strategies.” StubHub in its Friday IPO filing said it relies... Read more ›
0
Engine Capital, an activist investor, has asked ride-hailing company Lyft to pursue a strategic review after expressing concerns about the business, according to Bloomberg. The New York investment firm cited Lyft’s stock price, its corporate governance and strategic positioning. The investor ... Read more ›
0
Three technology companies are preparing to go public with valuations north of $15 billion over the next few weeks. So, cue the balloons on Sand Hill Road, the party at the Rosewood, the juicy bonuses for venture capitalists? Not so fast. The largest shareholder of AI cloud upstart CoreWeave is a debt-focused hedge fund. The biggest backer for ticket reseller StubHub is a family office. Only one VC firm owns... Read more ›
15
The initial public listing of Cerebras Systems, which designs semiconductors for artificial intelligence, has stalled pending review by the Committee on Foreign Investment in the U.S., Reuters reported Tuesday. The multi-agency committee, which assesses the national security concerns of foreign ... Read more ›
0
Nearly 30 years after Napster forever altered the music business, the company has been sold to Infinite Reality, a little-known virtual reality outfit based in Norwalk, Conn., for a surprisingly high sum: $207 million. Infinite Reality intends to use the Napster brand as part of its plans to ... Read more ›
0
The Information won four awards from the Society for Advancing Business Editing and Writing for its 2024 reporting on Tesla, TikTok, Stripe, as well as the growing market for private stock investing. Members of the industry group also awarded four honorable mentions for The Information articles on chip giant TSMC, a U.S. trade loophole exploited by China-founded bargain sites and failures of consumer startups. “In a crazy competitive news cycle,... Read more ›
0
Some European companies and government agencies are thinking about dumping cloud services from Amazon, Microsoft, and Google in favor of European providers, due to concerns that their customers’ privacy and data security could be at risk under the Trump administration, Wired reported. The report ... Read more ›
0
As President Trump’s April 5 deadline to find a potential buyer for TikTok’s U.S. operations draws closer, potential bidders have been speaking with major cloud providers in an effort to make sure they have cloud computing capabilities lined up to keep TikTok operating, The Information reported. ... Read more ›
0
TikTok bidders are trying to get their ducks in a row as President Trump’s April 5 deadline to find a buyer for TikTok’s U.S. operations approaches. That means making sure they have a cloud firm lined up to keep TikTok running after a sale.Those interested include smaller investor groups who want to run the app and leverage the TikTok brand, but don’t have any of their own cloud computing resources.... Read more ›
0
Waymo said Tuesday it plans to launch its robotaxi service for paying customers on the Waymo One app in Washington, D.C. next year. The Alphabet-backed autonomous vehicle company will ramp up its testing of autonomous vehicles in the capital this year as part of a testing spree across the ... Read more ›
0
United Talent Agency, whose agents represent Hollywood stars like Will Ferrell and Cynthia Erivo, has struggled to give its staff real-time information on film and TV viewership or ratings because such data come from numerous sources. Agents have long wanted such data at their fingertips so they could share it with clients, said Joe Kessler, who oversees UTA’s research and analytics group. Read more ›
0
During Nvidia’s conference for developers last week, CEO Jensen Huang showed off software that creates computer simulations of robots. Those simulations aim to teach robots how to perform tasks, from washing dishes to picking up household objects.But some robot makers I spoke to say it’s better to train robots to do such tasks by having a person control them remotely, also known as teleoperation, and then directing an AI model... Read more ›
0
Google employees have told staffers doing user research around Google devices to remove language related to diversity, equity and inclusion from their work or else lock down access to their documents, according to a person with direct knowledge of the instructions. Employees working on internal research studies for building new products and features were given a list of words to replace in studies they were working on or had already... Read more ›
0
The co-CEO of Samsung Electronics died Tuesday of a heart attack, multiple media outlets including CNBC reported. Han Jong-Hee, 63, was vice chairman and initially sole CEO of the consumer-electronics giant beginning in 2022. He spent three decades at Samsung and oversaw businesses ranging from ... Read more ›
0
The chair of Chinese tech giant Alibaba Group warned that the rush to build data centers around the world for artificial intelligence could be creating a “bubble.” Alibaba Chair Joe Tsai said at a conference on Tuesday that he is “astounded” by the amount of AI investment in the U.S., such as ... Read more ›
0
A truism in the media sector is that economic uncertainty leads marketers to reduce ad spending. And right now, President Donald Trump’s on-again, off-again tariffs on imports from Canada, Mexico and other countries are beginning to make marketers question how much they actually want to spend on advertising in the coming months.In the past week, four senior ad buyers have told me clients have begun talking with them about the... Read more ›
0
Blake Chandlee, who oversees advertising sales and marketing at TikTok, is leaving the company, according to a person familiar with his plans. The former Meta executive has been TikTok’s president of global business solutions since 2019. In a memo to staff, Chandlee said he would remain in an ... Read more ›
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The Information is pleased to announce the addition of two new reporters to The Information’s newsroom—and the extended fellowship of a third reporter who is already here. Aaron Tilley is returning to The Information as a reporter after more than five years at The Wall Street Journal to cover Apple at one of the most fascinating junctures in the company’s history. Aaron is a familiar (and much-respected) face to many... Read more ›
0
Roi Tiger, the co-founder of the Onavo mobile analytics startup bought by Facebook, is working on a new cybersecurity startup and has already raised money from top investors. The Israel-based company, whose name and product couldn’t be learned, has already raised a seed round from Index Ventures ... Read more ›
0
Is Wall Street ready to work with artificial intelligence? Two of OpenAI’s biggest investors think so.Thrive Capital is set to lead at least a $40 million financing into Rogo AI, an artificial intelligence startup selling AI software for investment bankers and Wall Street analysts and investors, at a valuation of up to $350 million, according to a person with direct knowledge. Existing Rogo investor Khosla Ventures, which like Thrive is... Read more ›
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Most popular sources
Business Insider
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41% 19 |
Tom's Hardware
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35% 16 |
Mashable
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3% 0 |
Wired
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3% 1 |
Slashdot
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3% 0 |
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10.11.2025 07:02
Last update: 06:55 EDT.
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