Taiwan Semiconductor Manufacturing Company is planning to spend $100 billion on chip manufacturing plants in the U.S., President Doanld Trump is expected to announce at the White House Monday, according to someone with knowledge of the announcement. TSMC, which manufactures advanced chips for ... Read more ›
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Alexis Ohanian, the co-founder of Reddit and an investor, joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser specializing in social media. McCourt, through his entity that researches and advocates on internet issues Project Liberty, has expressed interest in ... Read more ›
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I enjoyed meeting many of you at AI Agenda Live in San Francisco last week! Thank you for coming. Next up is our April 28 event in New York on how the AI boom is being financed. Right on cue, my colleagues just published articles about the tens of billions of dollars that SoftBank and CoreWeave are hoping to borrow to develop artificial intelligence data centers.Let’s get to the news…OpenAI... Read more ›
0
It should have been easy. YouTube in late 2022 began including in its app video-streaming services operated by other media companies, such as Paramount Global’s Paramount+ and Warner Bros. Discovery’s Max. People could sign up for the services directly from the YouTube app—YouTube would get a cut—and watch without toggling around on their TV. Amazon makes a lot of money out of a similar feature. But those efforts stalled for... Read more ›
4
CoreWeave, the Nvidia-backed startup cloud provider that is preparing one of the most anticipated initial public offerings of the year, grew revenue exponentially while pouring cash into capital expenditures last year, two people familiar with the matter said. The company is expected to publish its IPO prospectus this week and go public this month. CoreWeave generated about $1.9 billion in revenue in 2024, the people said. That is eight times... Read more ›
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President Donald Trump said on Sunday that he supports a U.S. “crypto strategic reserve” that will include not just bitcoin, but also ether, Ripple-associated XRP, Solana, Cardano and other “valuable cryptocurrencies.” In a post on Truth Social, he said he directed a presidential working group ... Read more ›
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The biggest risk-taker in tech investing is back to his old playbook, loading up on debt to fund his latest obsession: artificial intelligence. SoftBank Group CEO Masayoshi Son is planning to borrow $16 billion to invest in AI, his company’s executives told banks last week, according to a person with direct knowledge of the discussions. The talks haven’t been previously reported. The company might borrow another $8 billion in early... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Why Runway thinks it can outrun OpenAI and Google• Artificial Intelligence: AI.com is up for sale. Asking price? $100 million• The Top 5: The very best sleep and health tech for kids • Plus, our Recommendations: A father confesses his darkest secrets; how a financial scheme fueled a murder land; and Netflix’s slam-dunk documentary On a bit of a whim last year,... Read more ›
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The last decade brought the beginning of the biohacking era, prompting American adults to fill their homes with trackers and smart devices to better study and fine tune their health. It was perhaps inevitable that the same interest would lead to a mound of similar technology aimed at a different target market: kids. In a recently published survey of over 1,500 parents of kids 8 years old and younger by... Read more ›
2
Deep in Queens, New York, out near John F. Kennedy Airport, Larry Fischer was distraught. One of his favorite Italian joints—Don Peppe, the place where he lunched with Facebook’s lawyers after selling them Messenger.com in 2014—had closed for vacation this past week. It had seemed like a fitting place for our conversation about another domain name deal he’s got in the works that he hopes can be even higher profile.... Read more ›
76
When I last checked, Google co-founder Sergey Brin was still one of the two people who between them control the massive tech company. As of last year, at least, Brin had a 25% voting stake, while his co-founder, Larry Page, had a tad more. So why on earth is Brin suggesting people on Google’s Gemini team come into the office every day and in general work harder (like 60 hours... Read more ›
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Grubhub is cutting about 500 jobs, representing just over 20% of its workforce, weeks after the food delivery service was acquired by Marc Lore’s food company Wonder. In a memo announcing the cuts, Grubhub CEO Howard Migdal said the move would help Wonder and Grubhub “work together to achieve ... Read more ›
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Startup Passes was hit with a class action lawsuit alleging that the creator membership site founded by Lucy Guo distributed child pornography. The complaint, filed by OnlyFans creator Alice Rosenblum in the Southern District of Florida, claims that Passes recruited young women that it knew ... Read more ›
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Microsoft will shut down its Skype videoconferencing app in March, the company said on Friday, as Microsoft focuses its efforts on its Teams meeting app. Microsoft will shift Skype staff to instead work on Teams and users with existing Skype accounts will be able to move their accounts to Teams ... Read more ›
0
This week on More or Less: On the ground at the Upfront Summit, Instagram’s new idea, and what’s coming for consumer. Apple Spotify YouTube Read more ›
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Amazon is going global with its counterattack on bargain sellers Temu and Shein. The e-commerce giant is planning on expanding Haul, the ultracheap Temu look-alike it launched in the U.S. in November, to countries in Europe starting this year, according to a seller consultant who spoke with Amazon representatives. At the same time, a recent Amazon job posting described efforts to launch in Mexico as part of a broader global... Read more ›
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Tesla applied for a permit with a California regulator that would allow the electric car maker to operate a ride-hailing service, Bloomberg reported. The application for the transportation charter-party permit, filed to the California Public Utilities Commission late last year, indicates Tesla ... Read more ›
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A growing number of artificial intelligence assistants will make workers more productive in specialized fields such as law, medicine and entertainment. It could also replace some jobs altogether, said speakers at The Information’s AI Agenda Live conference Thursday. “We have tech companies very actively thinking about how I can reduce my IT staff, HR support staff, customer service teams,” said Arvind Jain, co-founder and CEO of Glean, a startup that... Read more ›
11
There are two basic ways for startup founders to respond when much larger competitors encroach on their realm. They can soldier on with heads down and voices low, in silent determination. Or they can do as the founders of Runway did when the likes of Google and OpenAI entered the AI video field Runway helped pioneer: They can respond with swagger, hoping to leave observers wondering who the true underdog... Read more ›
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If you’re watching the latest season of the HBO drama “The White Lotus,” you’ll know that the aging cable channel (represented on streaming through Max) can still capture the zeitgeist. That’s not so true of HBO’s owner, Warner Bros. Discovery, whose fourth-quarter results on Thursday—showing revenue fell 2% for the quarter and 5% for the year—demonstrated the sorry state of the traditional TV business that makes up much of WBD.... Read more ›
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Most popular sources
Business Insider
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26% 5 |
Gizmodo
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9% 2 |
Android Authority
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8% 2 |
Tom's Hardware
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6% 5 |
Eurogamer.net
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6% 1 |
| View sources » | |
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11.11.2025 15:49
Last update: 15:40 EDT.
News rating updated: 22:41.
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