What do you get when you mix plenty of the worldâs most powerful capitalists with a sleepaway camp setup in Idaho? Well, for years, the Sun Valley Conference, hosted by Allen & Co., the ultrasecretive investment bank, was a place to hobnob and perhaps strike a deal. Itâs something else now: an honest-to-goodness fashion event, with more and more attendees clearly putting considerable effort into what they put on each... Read more âș
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Imagine buying a house from someone who refused to show you the interior. The roof might be leaking, but the sellers donât want you to know. Thatâs what itâs like buying shares in many of the biggest tech companies, which refuse to disclose key details about their business. More strikingly, many of these companiesâsuch as Netflix and Appleâsteadily reduce what they disclose as they mature. The only conclusion: They donât... Read more âș
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The chair of the U.S. House Committee on China has raised concerns over Nvidiaâs resumption of sales of its H20 artificial intelligence chip to China. In a letter addressed to Commerce Secretary Howard Lutnick, Michigan Sen. John Mollenaar asked for a briefing from the Commerce ... Read more âș
0
The White House is preparing an executive order targeting artificial intelligence companies whose models the administration deems too âwoke,â the Wall Street Journal reports. Under the order, which is expected to be announced next week, AI companies awarded federal contracts will be required to ... Read more âș
0
Microsoft said Friday it will end a program involving China-based employees who worked on cloud servers that the company rents out to the Pentagon and other agencies. The change came several days after ProPublica published an investigation about the program, which raised national security ... Read more âș
0
President Donald Trump on Friday signed stablecoin legislation, the Genius Act, into law, delivering the first major legislative win for the crypto industry. The legislation provides a regulatory framework for stablecoins, crypto tokens pegged to the U.S. dollar. The White House hosted a signing ... Read more âș
1
Meta Platforms will not sign the European Unionâs code of practice for artificial intelligence, a voluntary framework meant to help companies comply with the EUâs AI Act, Meta Chief Global Affairs Officer Joel Kaplan said on Friday in a post on LinkedIn. He said the code is a form of overreach. ... Read more âș
1
Substack, the publishing platform for writers that started out as a newsletter service, has raised $100 million, which it will use to invest more in its app, new creator tools and expanding the platform to new markets. Substack will also expand its business into advertising. The Series C funding ... Read more âș
0
We all grew up with wide-eyed ideas of flying carsâyou know, one day zipping around town like the Jetsons. Their failure to materialize so disappointed investor Peter Thiel that he quipped: âWe wanted flying cars; instead we got 140 characters.â Youâre free not to believe him, but JoeBen Bevirt is here to tell you we are now closeâvery closeâto having flying cars. Next year, Bevirt said, Joby Aviation, the electric... Read more âș
0
For years, Roku founder and CEO Anthony Wood ran the streaming device maker with some strict rules. He wouldnât allow advertisements on the Roku home screenâthe first thing its viewers see when they switch on their TVâfor anything besides other entertainment companies. He also wouldnât allow the home screen to promote individual shows, preferring icons of streaming apps. But as Rokuâs once-explosive growth has slowed and the streaming TV market... Read more âș
3
Cursor has restricted China-based users from accessing U.S. models offered by its coding assistant software, such as Claude-4-Sonnet and Gemini-2.5-Pro, according to three users. These users received notifications stating that these models had become unavailable due to location-based ... Read more âș
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The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and regulates stablecoins, crypto tokens pegged to the U.S. dollar. President Donald Trump is expected to sign it quickly. Itâs a moment of rejoicing for crypto, which has bounced back from an excruciating downturn and regulatory crackdown under President... Read more âș
13
Earlier this year, Netflix made headlines and stirred excitement among talent agents when co-CEO Ted Sarandos said video podcasts would likely start showing up on the streaming giant. Sarandos had framed the development as inevitable for Netflix, given the growing popularity of talk-show-like programming and the blurring lines between talk shows and podcasts. But since those April earnings call comments, weâve heard very little from Netflix on the topic. Thereâs... Read more âș
0
A commission that advises OpenAIâs nonprofit arm said Thursday that the nonprofit should raise an emergency fund for civic organizations working on community organizing, health science and climate work, as well as to help counter âemerging harmsâ and disinformation involving artificial ... Read more âș
0
Andreessen Horowitzâs Casado Plays Talent Broker for Cursor Read more âș
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Netflixâs business generated $11.1 billion in revenue during the second quarter of 2025, up nearly 16% from the previous year. It also posted an operating margin of 34.1%, nearly 7 percentage points higher than the same quarter last year. After surpassing 300 million global subscribers at the ... Read more âș
0
Uber, Lucid Motors and Nuro announced a partnership Thursday that will put 20,000 robotaxisâLucid vehicles powered by Nuroâs self-driving technologyâon Uberâs ride-hailing service over the next six years. As part of the deal, Uber will also invest hundreds of millions of dollars in both ... Read more âș
0
Amazon Web Services has laid off at least hundreds of employees from various units within the cloud unit, Reuters reported. The job cuts, which come two weeks after Microsoft announced its second round of major layoffs this year, are the latest sign of tech giants adjusting headcount as they ... Read more âș
1
OpenAI on Thursday launched features for ChatGPT subscribers to create and edit spreadsheets and presentations, generate reports and automate tasks using web browsers, confirming The Informationâs earlier report about the product. The new capabilities, combined with document collaboration ... Read more âș
0
Meta Platforms CEO Mark Zuckerberg, along with other current and former directors and executives at the company, on Thursday agreed to settle a shareholder lawsuit that had accused them of allowing repeated violations of Facebook usersâ privacy, a lawyer for the shareholders told a Delaware ... Read more âș
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17.03.2026 20:27
Last update: 20:20 EDT.
News rating updated: 02:20.
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