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
When people want to buy a product promoted by an influencer on Instagram or YouTube, the process can be clunky, often involving a maze of affiliate links or switching between multiple apps. Now, Walmart is working to make social shopping smoother by having more checkouts happen inside social apps themselves, the company’s chief technology officer, Suresh Kumar, told me. That could potentially include deals to link shoppers’ Walmart accounts and... Read more ›
0
Regulators ordered Tesla to recall virtually all Cybertrucks it has sold to repair faulty body strips that could fall off. In all, Tesla will recall 46,096 Cybertrucks, which went into commercial production in November 2023. The glue holding the long metal strips, called cant rails, above the ... Read more ›
0
Apple has enlisted the help of Mike Rockwell, the leader of its Vision Pro product, to get the company’s struggling artificial intelligence efforts back on track, Bloomberg reported. Rockwell will take over the development of Siri, Apple’s longtime intelligent assistant, from John Giannandrea, ... Read more ›
5
Retailers have mixed feelings about web-browsing agents that can control a person’s browser to complete tasks for them.Some firms like DoorDash are concerned that an explosion of agents could overrun their sites with bots, lowering the value of their ads and creating distance between themselves and customers in the process. (That was the subject of our feature story on Wednesday.) Others like Walmart say it’s too early to tell.Hari Vasudev,... Read more ›
0
Until this week, I didn’t know Keith O’Brien existed. The payroll compliance manager—and now accused corporate spy—was suddenly very interested in me. O’Brien’s curiosity was piqued last month when I was writing a story about a bitter feud between his company, Rippling, and its archrival, Deel. O’Brien allegedly searched for my name in Rippling’s Slack channels 15 times. He searched for the name of this publication, The Information, 31 times.... Read more ›
34
Crypto exchange Kraken said it agreed to buy NinjaTrader, a U.S. retail futures trading platform, for $1.5 billion. The deal will help Kraken expand into a broad trading venue ahead of a potential IPO. The acquisition will allow Kraken to offer crypto futures and derivatives in the U.S. because ... Read more ›
0
Temu parent company PDD Holdings reported slower revenue growth for the fourth quarter of 2024 on Thursday, blaming a “fast-changing external environment” and increased competition for the slowdown. The internet giant, which also owns Chinese online shopping site Pinduoduo, said fourth-quarter ... Read more ›
0
It’s been about two months since President Donald Trump took office, and there’s still lots of uncertainty around how he’ll regulate the AI industry. That’s particularly when it comes to open source and how much information leading developers must share with the feds.One thing is clear, though: the Trump presidency will be good for AI developers like Mistral and Cohere. The reason might surprise you.Both firms have benefitted from the... Read more ›
0
Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company’s video-streaming service, had been striking, including for “Argylle,” a spy action-comedy starring Henry Cavill and Dua Lipa. The movie, which cost $200 million to produce, hadn’t found much of an audience or generated more subscribers for the service, Cook told his colleagues, according to a former Apple TV+ employee. Cook had... Read more ›
28
CoreWeave is seeking a valuation between $27.4 billion and $32 billion in an initial public offering that come as soon as next week. The company is looking to sell $2.3 billion and $2.7 billion shares in the offering, it said in its amended IPO filing Thursday morning. The company has about 583 ... Read more ›
0
SoftBank Group said it would pay $6.5 billion in cash for chip designer Ampere, extending a string of artificial intelligence investments made by the Japanese telecom conglomerate. The two companies already have a close relationship. Ampere, founded and led by former Intel President Renée ... Read more ›
0
CoreWeave is planning to sell about $2.5 billion of stock in an initial public offering, a significantly smaller deal than previously expected, and launch its investor road show as soon as Thursday, a person familiar with direct knowledge of the transaction said. The smaller than expected ... Read more ›
0
Wow. Elon Musk really is the Pied Piper of investors. Bloomberg reported on Wednesday that the social media firm had raised “close to $1 billion” in fresh equity at a $32 billion valuation. Including X’s debt, that implies a roughly $44 billion enterprise value for the company, which is what it was worth in Musk’s 2022 buyout of the company then called Twitter. Given that X’s revenue last year was... Read more ›
0
When I ask creators how they’re using AI, I typically get this response: They’re primarily using ChatGPT or other similar chatbots to talk through ideas or to help them write scripts for brand partnerships or videos. Chris Williamson, the host of the popular podcast Modern Wisdom, is going deeper. He’s hired a software engineer to develop what’s called a RAG, or retrieval augmented generation, system. This involves gathering data on... Read more ›
0
Elon Musk’s xAI has joined a consortium that plans to raise $100 billion to develop data centers and power plants for artificial intelligence, the group said on Wednesday. Three firms that previously announced the now-dubbed “AI Infrastructure Partnership”—Microsoft, Blackrock and Abu Dhabi ... Read more ›
0
Amazon-backed autonomous driving company Zoox voluntarily recalled software in 258 of its cars after the National Highway Traffic Safety Administration opened an investigation last spring into Zoox’s self-driving car software, according to agency filings. The NHTSA opened the investigation after ... Read more ›
0
Nvidia has acquired Gretel, which helps customers create and use data generated by artificial intelligence to develop and test AI applications, according to a report in Wired. The deal valued Gretel higher than its most recent valuation of $320 million, but it was under $1 billion, according to ... Read more ›
3
The European Commission said on Tuesday that Google’s parent company, Alphabet, was in breach of the Digital Markets Act, by favoring its own services in Google search results and preventing competition with its Google Play app store. Separately on Tuesday, the Commission said that Apple needed ... Read more ›
0
Before OpenAI in January launched Operator, its artificial intelligence that uses the web to plan trips, compile reports and shop online for people, it asked DoorDash to be an official “launch partner” for the new product. DoorDash agreed—but it had a question. In a meeting last fall between the companies, a DoorDash executive asked OpenAI managers to “take this to its logical limit,” according to someone who attended the meeting.... Read more ›
49
The U.S. Securities and Exchange Commission is set to drop its lawsuit against Ripple, Ripple CEO Brad Garlinghouse said on X, ending a landmark enforcement case by the regulator. The lawsuit, filed in December 2020 at the tail end of the first Trump administration, was the first ... Read more ›
0
Most popular sources
Tom's Hardware
|
43% 25 |
Business Insider
|
18% 31 |
Mashable
|
6% 4 |
Wired
|
5% 3 |
Slashdot
|
4% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
10.11.2025 09:09
Last update: 09:01 EDT.
News rating updated: 16:03.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.