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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Oracle has emerged as a leading contender to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy last year’s divest-or-ban law, say investors, bankers and former executives familiar with the Chinese tech giant. ByteDance management prefers Oracle, while President Trump has also indicated his support for Oracle playing a key role. At the same time, though, ByteDance’s leaders want to retain a hands-on role... Read more ›
0
Alibaba Group said Thursday that it will overhaul its Quark artificial intelligence search app for consumers in China and turn it into a broader all-purpose assistant powered by the company’s own Qwen AI models. Alibaba, a leader in China’s market for enterprise AI models and apps for ... Read more ›
0
If you want a sense of the risks that lurk in the great AI-data center investment boom now underway, check out our scoop today about Nvidia’s relationship with CoreWeave, the upstart cloud computing firm planning to go public in a couple of weeks. The story reveals that Nvidia, beyond both investing in CoreWeave and selling chips to it, also agreed two years ago to spend $1.3 billion over several years... Read more ›
0
The Federal Trade Commission is continuing its broad antitrust probe into Microsoft that it opened last year, and has in recent weeks met with representatives of other companies to ask about Microsoft’s conduct, according to someone involved in the discussions. The move indicates that FTC ... Read more ›
0
Influencer marketing budgets are still expected to grow in the U.S., but the fate of TikTok’s future in the country, as well as economic uncertainty spurred by the Trump administration’s tariffs, could contribute to a slowdown in growth this year. Spending on U.S. influencer marketing is expected to rise 15% to $10.5 billion in 2025, representing a significant growth slowdown from last year, when spending rose nearly 24%, according to... Read more ›
0
The groups of buyers circling TikTok’s U.S. operations are likely to find it a more svelte company than it was a year ago, after a string of senior managers left the popular video app. At least eight TikTok executives, including music chief Ole Obermann, global head of litigation Emily Stubbs and Sameer Singh, head of North American ad sales, have left TikTok or announced their departures since the beginning of... Read more ›
1
The U.S. Federal Trade Commission asked a judge on Wednesday to delay the start of a trial in its case alleging that Amazon unlawfully tricked people into signing up for Prime subscriptions, then withdrew the request later in the day. In a Seattle federal court hearing on Wednesday, the FTC ... Read more ›
0
Intel named former Cadence Design Systems chief Lip-Bu Tan as its new CEO, sending its stock up 12%. The appointment follows the departure of Pat Gelsinger as CEO in December as it struggled to compete in the market for artificial intelligence chips and its stock price tanked. Tan had stepped ... Read more ›
2
Google on Wednesday announced two new artificial intelligence models to power robots, built on top of its most recent main Gemini model. In a press release, Google said that one of the models combines vision, language and physical action capabilities; the other has advanced spatial ... Read more ›
0
Niantic, the creator of Pokémon Go, is selling its games business to the Saudi-owned mobile developer Scopely for $3.5 billion. In addition, Niantic shareholders will receive $350 million in cash from Niantic’s balance sheet as part of the deal. As part of the transaction, Niantic is spinning ... Read more ›
0
Binance, the world’s biggest crypto exchange, announced it has received a $2 billion investment from MGX, an Abu Dhabi-based sovereign wealth fund. The minority stake in Binance marks the first crypto bet by MGX, which has invested in artificial intelligence startups including OpenAI and ... Read more ›
0
Marc Lore’s food delivery company Wonder has acquired the media company Tastemade for $90 million, the Wall Street Journal reported Wednesday. Tastemade, which produces food, travel and home videos, had raised more than $130 million from investors including Amazon, Comcast and Goldman Sachs, ... Read more ›
0
BNY, the nation’s oldest bank, is expanding the services it handles for stablecoin giant Circle, the latest sign that U.S. banking access for the crypto industry is easing under a friendlier regulatory environment. The bank will allow some clients to send money to and from Circle through BNY for purchase or sale of Circle’s stablecoins, people with knowledge of the development said. Previously, Circle’s clients had to use smaller banks... Read more ›
3
Humanoid robots that walk around on two legs have been attracting attention and money, but they are still a long way off from being mass produced. Traditional robots that don’t have legs, however, are moving ahead in places like agricultural fields, stores and warehouses.One example is Mech, an artificial intelligence-powered robot for logistics jobs unveiled this week by Dexterity, a startup founded by seven Stanford University-educated engineers. On Tuesday, the... Read more ›
0
In early 2023, Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web Services, Microsoft Azure and Google Cloud were increasing their orders, sending Nvidia’s revenue to new heights. Developers were scrambling to access the chips, which were hard to come by. Then Nvidia made a curious move: It agreed to spend $1.3 billion over four years to rent its own chips from... Read more ›
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Manus, a new artificial intelligence agent that has gone viral on social media, announced that it is teaming up with Alibaba Group to offer its service to users in China. Manus, launched last week on an invitation-only basis, has attracted a lot of attention based on a demo video that impressed ... Read more ›
4
Taiwan Semiconductor Manufacturing Company has pitched to Nvidia, Advanced Micro Devices, Broadcom, and Qualcomm about taking a stake in a joint venture to operate Intel’s loss-making foundry division, which manufactures chips for companies based on their designs and specifications, Reuters ... Read more ›
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Applied Intuition, an eight-year-old developer of simulation software for training self-driving vehicles, is in talks with investors to raise capital at a $15 billion valuation, more than double its valuation from a year ago, according to a person with direct knowledge of the discussions. Existing investor Kleiner Perkins is in talks to lead the round. The potential fundraising would follow a bumper year for the Mountain View, Calif., company. It... Read more ›
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I’m just back from the tech and arts festival South by Southwest in Austin. TikTok was there: it held a private, invite-only “leadership summit” on Monday as well as a happy hour. TikTok staffers talked up products such as Symphony, its suite of AI tools to make it easier to create content for the app. Executives scheduled to speak included Blake Chandlee, the president of global business solutions, and Esme... Read more ›
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We saw a muted recovery in some tech stocks on Tuesday, but there were a few notable exceptions. One was Asana, which makes a workplace collaboration software tool and is also known as the second act of Facebook co-founder Dustin Moskovitz. The stock plunged 24% today, the day after the company reported a middling quarter—and, perhaps more surprisingly, announced that Moskovitz is stepping down as CEO.Moskovitz isn’t departing completely—he’s staying... Read more ›
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Business Insider
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29% 12 |
Tom's Hardware
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9% 23 |
Eurogamer.net
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8% 5 |
Wired
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6% 5 |
Gizmodo
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6% 5 |
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10.11.2025 13:46
Last update: 13:41 EDT.
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