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
In this week’s episode: Waymo, Larry Page, TikTok and our first $1 million More or Less bet. YouTube Spotify Apple Podcasts Read more ›
3
PepsiCo is near a deal to acquire the startup beverage brand Poppi, Bloomberg reported, with the companies discussing a purchase price of more than $1.5 billion. Big food and beverage companies have continued to acquire younger, fast-growing brands, a bright spot among a broadly sluggish ... Read more ›
0
DeepSeek’s sudden rise to global stardom has earned the startup a status akin to national treasure in China. One result is restrictions on how the company operates. In recent weeks, company executives have forbidden some of DeepSeek’s employees involved in the research and development of artificial intelligence models from traveling abroad freely, according to three people familiar with the company. Meanwhile, the government of eastern China’s Zhejiang Province, where DeepSeek’s... Read more ›
48
In the summer of 2022, Amazon was reeling. The company’s revenue growth had fallen to its lowest levels in decades, and it was grappling with a hangover from a costly, pandemic-era expansion of its warehouses and workforce. Amazon CEO Andy Jassy began breathing down the necks of lieutenants like Doug Herrington to focus on profits, a change from the company’s longtime growth-at-all-costs mentality. Herrington, a mild-mannered, bespectacled executive Jassy had... Read more ›
0
OpenAI on Thursday submitted a policy proposal to the Trump administration that included attacks on Chinese artificial intelligence developer DeepSeek. OpenAI described DeepSeek as “state-controlled” and argued there is a risk that the Chinese government could force DeepSeek to manipulate its ... Read more ›
0
Foxconn, the Taiwanese manufacturer that makes most of the world’s iPhones, said its net profit in the fourth quarter of 2024 fell 13% year on year. It was the first decline in Foxconn’s quarterly earnings since the second quarter of 2023, when net profit slipped 0.9%. The decline in Foxconn’s ... Read more ›
0
It’s hard to walk down the street lately without tripping over someone who has expressed interest in buying TikTok. I’m kidding, but you get the point—everyone from AI startup Perplexity to billionaire Frank McCourt to the YouTube influencer MrBeast claims to be interested. As is often the case, however, it’s the people who aren’t talking that we should take seriously—and that is most obviously Oracle, which as we reported today,... Read more ›
0
Former Plaid CTO Jean-Denis Greze and former Google artificial intelligence and machine learning director Tony Vincent have co-founded Town, which connects small businesses with tax advisory services. The San Francisco-based startup has raised a $18 million seed round, led by First Round Capital ... Read more ›
0
It says something about the hype around ex-OpenAI executive Mira Murati’s new startup, Thinking Machines Lab, that when Sequoia Capital’s Alfred Lin said his firm was “talking” to the startup, that was deemed worthy of a headline.We’ll do you one slightly better: Murati has told people she’s also had conversations with Vinod Khosla, an early OpenAI investor, about possibly investing, according to one of those people, though it’s unclear if... Read more ›
0
Autonomous trucking startup Kodiak Robotics is in talks to merge with Ares Acquisition Corp. II in a SPAC deal that would result in a post-merger valuation of $2 billion, according to Bloomberg. The SPAC is currently asking shareholders to vote to extend the merger period, which is set to expire ... Read more ›
2
Google announced an experimental feature on Thursday that gives users more tailored responses and personalized recommendations from Google’s Gemini chatbot by connecting it to their Google Search history. Users have to opt in to the feature for now, but it shows how Google could leverage its ... Read more ›
0
Elon Musk’s Tesla submitted a letter to the U.S. trade representative expressing concerns about the impact of President Donald Trump’s tariffs on the electric vehicle maker’s business. According to the Financial Times, a Tesla associate general counsel, Miriam Eqab, submitted the unsigned letter ... Read more ›
0
It seems like more creators than ever are starting their own lines of makeup, skin care, snacks and more, with at least three new brands this week alone. On Tuesday, makeup artist Mikayla Nogueira, who has over 16 million followers on TikTok, announced a skincare line, Point of View. The same day, TikTok and Instagram star Alix Earle helped relaunch SipMargs, a line of canned margaritas. Pash, a lotion brand... Read more ›
0
BuzzFeed revenue fell 20% to $56.2 million in the fourth quarter, driven by a 19% decline in advertising revenue and a 59% drop in its content revenue segment, which includes videos and other content the media company makes on behalf of advertisers. Commerce and other revenues were up 39%. ... Read more ›
0
Salesforce is having a tough time getting customers to commit to using its Agentforce product, which lets customers build AI agents using their corporate data, and is now considering pricing changes to spur adoption, as we reported earlier today. Currently, Salesforce charges $2 for ... Read more ›
0
Comcast and the International Olympic Committee have signed a multi-year extension for NBCUniversal to exclusively air the Olympic games in the U.S. through 2036. The new deal, which the organizations said is valued at $3 billion, covers the 2034 Winter Olympics and the 2036 Summer Olympics. The ... Read more ›
2
Convincing professionals, software engineers and other application developers to open their wallets for new artificial intelligence that speeds up their work seems easier than ever. But selling AI to large enterprises is a different ballgame. That was painfully clear this week at the first annual HumanX conference in Las Vegas, which brought together founders, venture capitalists and executives from major businesses like Visa and Moderna. Read more ›
0
Representatives of President Donald Trump’s family held talks to take a stake in Binance.US., the American entity of crypto exchange Binance, while Binance founder Changpeng Zhao has been pushing for a pardon, the Wall Street Journal reported. Binance reached out to Trump’s allies last year ... Read more ›
0
Salesforce CEO Marc Benioff last month declared 2025 as the “absolute year of Agentforce,” a product the software company launched last fall to help customers automate customer service and other business functions. “We’ve never seen products grow at these levels, especially Agentforce,” he said, citing customers such as gym owner Equinox and reservation site OpenTable. Read more ›
2
The excitement around reasoning models like OpenAI’s o1 and DeepSeek’s R1 got me thinking: How much are businesses actually using them? The answer might be: not as much as you’d think.When I ask business executives at startups and large firms about their companies’ usage of reasoning models to power their products, a common refrain I’ve heard is that these models, which spend extra time to process (or “think”) about the... Read more ›
0
Most popular sources
Business Insider
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28% 14 |
Gizmodo
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8% 8 |
Tom's Hardware
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8% 24 |
Wired
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7% 5 |
Eurogamer.net
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7% 4 |
| View sources » | |
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10.11.2025 13:58
Last update: 13:51 EDT.
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