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
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 ›
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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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
15
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 ›
0
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 ›
0
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 ›
0
Early OpenAI investor Vinod Khosla warned that most investments in artificial intelligence will lose money, particularly as more investors jump into the market, funding more startups. But he said some companies would grow to be worth hundreds of billions—and eventually trillions—of dollars and make up for the failures. “More money will be made than lost because a few outliers will give disproportionate returns,” said Khosla, founder of Khosla Ventures, at... Read more ›
0
Google cofounder Sergey Brin urged employees working on the company’s AI models and apps to return to the office “at least every weekday” and to work 60 hour weeks in order to win the race to artificial general intelligence, The New York Times reported on Thursday. The message does not replace ... Read more ›
0
Airbnb cofounder Joe Gebbia has joined Elon Musk’s Department of Government Efficiency to work on “improving the slow and paper-based retirement process” for federal employees, Gebbia announced on X Thursday. Gebbia, who is on Tesla’s board of directors and reportedly has a close ... Read more ›
0
Meta Platforms is planning to launch a standalone app for its Meta AI chatbot in a bid to compete with OpenAI’s ChatGPT, CNBC reported, and also plans to test a paid subscription version. Launching a separate app would put Meta on a level playing field with its rivals in artificial intelligence. ... Read more ›
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Instagram has been firing on all cylinders to take advantage of the uncertainty around TikTok in the U.S. The latest: the Meta Platforms-owned app is now considering whether to spin out Reels into a separate app, as we were first to report on Wednesday. A separate app for Reels could make a lot of sense. Instagram has had an identity crisis in recent years as it has tried to balance... Read more ›
30
You could sum up the vibe at this year’s Upfront Summit, the Los Angeles gathering of venture capitalists and the limited partners who back them, as: always be raising. Followed closely by, beware a correction in artificial intelligence startups. Mark Suster, a partner at Upfront Ventures, kicked off the event by shouting out fund managers who were in the market for new money, such as early-stage investor Crosscut Ventures. Chelsea... Read more ›
7
The CEO of one of the biggest advertising companies, WPP, said that clients have returned to Elon Musk’s X in the past few months, the Financial Times reported today. WPP CEO Mark Read told the news outlet that X has seen more advertising since the election, though did not comment on why ... Read more ›
0
Apollo Global Management is in talks to lead a $35 billion debt financing by Meta Platforms to build data centers in the U.S., according to a Bloomberg report. The move comes as Meta discusses building a large data center campus, which could total $200 billion given the size of the project and ... Read more ›
0
Enterprise software companies that raised money at lofty valuations during the pandemic startup boom are facing many obstacles as they look to jump-start growth. One is the threat from generative artificial intelligence.In our Enterprise Software Startup Takeover List, we’ve identified 92 promising candidates for acquisitions in the coming year. The challenge for many of those companies—all of which were founded in the pre-ChatGPT era—will be articulating to any potential buyer... Read more ›
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Most popular sources
Business Insider
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21% 24 |
Tom's Hardware
|
9% 21 |
Gizmodo
|
8% 8 |
Android Authority
|
8% 5 |
Wired
|
7% 5 |
| View sources » | |
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10.11.2025 21:01
Last update: 20:45 EDT.
News rating updated: 03:50.
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