Investors have declared Uber the winner in its bitter ride-hailing battle with Lyft. It’s true that Uber dominates the industry, but Lyft might be the better investment right now. Uber’s success is no secret. Its customers spent a total of $163 billion on the platform in 2024, roughly 10 times the value of transactions on Lyft over the same period. Uber’s market cap is more than 30 times bigger than... Read more ›
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DeepSeek’s artificial intelligence models continue to reverberate in its home market of China as well as in the West.For starters, most of China’s consumer tech giants, which have been developing their own AI, have swallowed their pride and are integrating DeepSeek in their products. Perhaps more importantly, the companies are featuring those integrations as a selling point to consumers, according to my colleagues’ story this morning. That would be akin... Read more ›
15
Microsoft has cut some of its planned contracts with the data center startup CoreWeave due to delivery issues and missed deadlines, The Financial Times reported Thursday. The pullbacks raise questions about the durability of CoreWeave’s business ahead of its planned initial public offering. ... Read more ›
0
The breakout success of DeepSeek has triggered soul searching among Chinese tech giants including ByteDance, Alibaba Group, Tencent Holdings and Baidu. The conclusion: All four are swallowing their pride and embracing the startup’s technology. Over the past month, the four companies have either integrated DeepSeek’s artificial intelligence models into their products alongside their own AI models or are considering doing so. Some, such as Tencent and Baidu, are even using... Read more ›
15
Discord, the social messaging app, is in early talks with bankers about an initial public offering, the New York Times reported Wednesday. The company could go public as early as this year, according to the report. “We understand there is a lot of interest around Discord’s future plans, but we ... Read more ›
0
The stock market recovered a little, as expected, thanks to President Donald Trump’s slight retreat on tariffs. But the market volatility claimed a victim—The Information reported tonight that private equity–backed Genesys, which makes customer service software, has delayed a planned IPO because of the market upheaval. This likely won’t be the last deal to get called off due to the current market swings.Meanwhile, YouTube, the goliath of online video, has... Read more ›
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Salesforce co-founder and CEO Marc Benioff has spent months criticizing Microsoft’s AI chatbot for giving inaccurate responses, and now Microsoft is fighting back. Microsoft unveiled a new AI agent that uses data from its customer management software, as well as Salesforce’s, to automate the ... Read more ›
5
A Senate committee Wednesday held a confirmation hearing for Jay Bhattacharya, President Donald Trump’s pick to lead the National Institutes of Health. The doctor and Stanford University professor has criticized the agency for its handling of the Covid-19 pandemic and argued that the Biden Administration pressured social media sites to suppress his criticisms of lockdowns.Since then, Bhattacharya has continued to argue against vaccine mandates on his X account, which has... Read more ›
0
Genesys, a private equity-backed customer service software company, delayed what would have been one of the largest initial public offerings of the year, citing a sliding stock market, people familiar with the matter said. The company’s advisers told people in recent days that it would push back the IPO by at least a few months, rather than try to go public in April or May as it had planned, the... Read more ›
0
The Italian government is having doubts about completing a $1.6 billion deal with Elon Musk’s Starlink, Bloomberg reported, citing people who said the concerns related to the U.S. retreat on commitments to European security. Starlink faces alternatives such as Eutelsat Communications in Italy, ... Read more ›
0
Microsoft’s commitment to invest more than $13 billion in OpenAI won’t trigger an antitrust investigation in the UK, the country’s antitrust regulator said Wednesday. The UK’s Competition and Markets Authority found that Microsoft’s investment in OpenAI granted it “material influence” over the ... Read more ›
0
A stroll in downtown San Francisco in 2025 would not be complete without overhearing a conversation about artificial intelligence agents and seeing a billboard imploring managers to “stop hiring humans” for entry-level sales jobs. A visitor could be forgiven for predicting that AI bots would soon replace entire job categories, such as salespeople and therapists. Not so fast. It’s more likely that humans will retain jobs requiring client interaction because... Read more ›
0
Five months ago, app studio Sociaaal, which creates apps that help people identify their celebrity look-alike or suggest pick-up lines to score a date, started using generative artificial intelligence to create ads for running on social media, including YouTube. The AI-created ads included some Sociaaal’s marketing team say they never would have thought of, like a video of an older woman encouraging people with Gen Z lingo to download Sociaaal’s... Read more ›
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YouTube said its YouTube Premium and Music subscription services now have more than 125 million global subscribers, including those on free trials. YouTube is also expanding a cheaper ad-free tier it has been testing in the U.S. and in some markets overseas as the video giant aims to grow ... Read more ›
0
OpenAI is betting big on ChatGPT, which is generating at least $4 billion in annualized revenue. But that’s not the only application the AI firm is hoping will make big bucks. If you saw our story last month detailing OpenAI’s financial projections, you might have noticed an intriguing reference to revenue expected to come from another type of application: Agents.The term “agents” typically refers to AI that can take actions... Read more ›
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On the Friday before Donald Trump’s inauguration as president in January, Brian Armstrong, CEO of Coinbase, joined his top executives in Washington at the Crypto Ball, where the tech elite celebrated the imminent arrival of the country’s first crypto-friendly president. Soon, though, there was an interruption in the revelry for Paul Grewal, Coinbase’s chief legal officer, after Trump unexpectedly posted on X that he had launched a memecoin called $Trump.... Read more ›
0
President Donald Trump urged lawmakers to repeal a $52 billion chip subsidy program during an address to Congress on Tuesday, while touting the $100 billion investment pledge from Taiwan Semiconductor Manufacturing Company as a better way to boost chipmaking capacity in the U.S. Trump has ... Read more ›
0
The federal judge presiding over Elon Musk’s lawsuit against OpenAI on Tuesday turned down Musk’s request to block OpenAI’s planned conversion to a for-profit company. Instead, District Judge Yvonne Gonzalez Rogers requested that the two parties go to a trial this fall. Musk’s lawyers “failed to ... Read more ›
3
Fintech startup Plaid is in talks to arrange a secondary share sale at about a $6 billion valuation, led by mutual fund Franklin Templeton, three people involved in the discussions said. The valuation would be a decline from the $13.4 billion price at which the company last raised money in 2021. ... Read more ›
0
ByteDance is allowing current and former employees to sell their shares to the company at a slightly higher price than six months ago. The TikTok parent company set the price for an upcoming employee share buyback at about $190 a share for current employees and $161 per share for former ... Read more ›
0
Most popular sources
Business Insider
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28% 3 |
Android Authority
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9% 4 |
Gizmodo
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9% 2 |
Tom's Hardware
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6% 4 |
Eurogamer.net
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5% 1 |
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11.11.2025 13:38
Last update: 13:31 EDT.
News rating updated: 20:32.
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