Palo Alto Networks is close to acquiring Israeli startup Talon Cyber Security in a deal that could value it at $600 million to $700 million, according to two people familiar with the discussions. The deal could be announced as soon as Monday, one of the people said. The acquisition would extend Palo Alto Networksâ acquisitions of small cybersecurity startups and add another offering to its suite of enterprise security software... Read more âș
6
Hi, welcome to your Weekend.For the past five weeks, The Informationâs crypto reporter Aidan Ryan has been taking one for the team, rising long before dawn to commute to the U.S. courthouse in Lower Manhattan. Once there, heâd grab a place in line and wait on the sidewalk for hours, huddling in the dark and sometimes the pouring rain, until the court opened and the crypto trial of the century... Read more âș
0
In the most overheated technology debate of our timeâthe societal impact of artificial intelligenceâFei-Fei Li finds herself precariously balanced in the middle. A Stanford University computer science professor and co-head of its Institute for Human-Centered Artificial Intelligence, Li is neither a Geoffrey Hintonâesque doomer, fretting that the machines weâve created will slaughter us, nor an unbridled techno-optimist (to use Marc Andreessenâs self-identifier), who equates regulating AI with impeding prog Read more âș
11
In Bradley Tuskâs new satirical novel, âObvious in Hindsight,â no one is safe from skeweringâincluding the author. When I asked Tusk whether his cast of conniving characters is based on people heâs encountered in his long, drama-filled career in politics and tech, or whether they are actually all versions of himself, he admitted, âA little bit of both.â The bookâs plot includes the delusional founder of a flying-car startup who... Read more âș
0
What a week Tim Cook had. On Thursday, Apple reported anemic September-quarter results, completing a fiscal year where revenues fell 2.8%. Thatâs actually not a bad result given that the smartphone market that drives Appleâs business shrank 10.5% in the same 12-month period, according to IDC data. Still, it is yet another reminder (if any were needed) that Apple is no longer a growth company. Cookâs other big event this... Read more âș
0
This week, the United States and the European Union tipped their hands on how they plan to regulate AI. The rules amounted to a sea change in the relationship bewteen tech businesses and the government and spurred a whole lot of thinking on our part about what comes next. We hope you enjoy. Apple Spotify YouTube Read more âș
6
Shortly after 1:30 a.m. on Monday morning, while most people were tucked in bed ahead of the new week, I stepped into an Uber outside my apartment in Brooklyn. I was on my way to the Daniel Patrick Moynihan U.S. Courthouse in Manhattan with the hopes of snagging one of the 21 courtroom seats to see Sam Bankman-Fried testify in his own criminal trial. Crossing the Brooklyn Bridge during my... Read more âș
0
Time flies! We launched our Generative AI Database five months ago, and this week we added our 100th (and 101st) companies, with inside reporting about whoâs backing each company, how much revenue the company has generated, the machine-learning model it uses and the cloud providers it relies on.The numbers make clear just how much investors are pouring into the sector. In total, the companies we track have raised more than... Read more âș
2
Hot off the presses: The jury in the trial of Sam Bankman-Fried convicted the FTX founder and former CEO of all seven fraud and conspiracy charges he was facing. The quick verdictâjurors began deliberating Thursday afternoonâfelt fitting for a case that federal prosecutors filed less than a year ago. Bankman-Fried now faces a maximum sentence of 110 years on all counts, though some attorneys believe heâs likely to get significantly... Read more âș
0
Hashtag activism is back.Dozens of trans users of X have been posting their stories on the app formerly known as Twitter as a way of protesting conservative video maker PragerU, which purchased one of Xâs most prominent advertising spot to promote a documentary arguing that gender-affirming care is dangerous for transgender youth. The users are flooding the filmâs promoted hashtag, #DETRANS, with their own experiences of being transgender or in... Read more âș
0
Itâs not every day that you see a company like Anduril, a 2,200-person defense technology company last valued at $8.5 billion, sue a 6-person startup with just $4 million in venture backing. But, as my colleague Margaux and I reported this week, Anduril CEO Palmer Luckey is going after a much smaller upstart founded by his former employees, Salient Notion. Anduril alleges Salient stole trade secrets and breached employee contracts,... Read more âș
12
Sheryl Sandberg, the longtime former chief operating officer at Meta Platforms, and her husband Tom Bernthal have started an investment firm to fund businesses in various sectors, according to a spokesperson for Sandberg. An internationally recognized figure, Sandberg often was the public face of the Facebook parent company before leaving last fall after 14 years, igniting speculation about her next act. The new firm, Sandberg Bernthal Venture Partners, uses the... Read more âș
15
Last weekend, staffers at X grew increasingly upset after a Pakistani senator posted a photo of Adolf Hitler on the service with the text âat least now the world know, why he did, what he did,â in reference to the Holocaust. Over the course of several hours, the post drew about a million views, as well as complaints from several staffers, who reported it for violating Xâs rules. One staffer... Read more âș
2
When Meta Platformsâ released its open-source Llama models earlier this year, the tech giant was praised for giving developers a free alternative to the expensive, bleeding-edge large-language models offered by proprietary LLM developers such as OpenAI. Turns out itâs not so simple.In many cases, using open-source LLMs can actually be more costly than proprietary AI software from OpenAI and its ilk, as I discovered while researching this piece I published... Read more âș
38
Last year, Kang Xu, a top U.S. expert on battery electrolytes, noticed a stark change in how U.S. passport authorities were treating him when he returned from trips abroad. Born in China, Xu is a naturalized U.S. citizen, earned his doctorate in chemistry at Arizona State University, worked for 26 yearsâhis entire careerâas a scientist at the U.S. Army Research Lab, where he was known as Conrad, and wrote what... Read more âș
0
Some companies that pay for OpenAIâs artificial intelligence have been looking to cut costs with free, open-source alternatives. But these AI customers are realizing that oftentimes open-source tech can actually be more expensive than buying from OpenAI. Take Andreas Homer and Ebby Amir, co-founders of Cypher, an app that helps people create virtual versions of themselves in the form of a chatbot. Industry excitement this summer about the release of... Read more âș
29
Moving fast with a pay bump for its U.S. employees and a new $8 billion investment in batteries, Toyota has offered a sign of how the next stage of the fight over auto industry pay and job security will play out: with a fierce struggle in dozens of nonunion electric vehicle and battery plants across the U.S. Read more âș
1
You wonât find this nugget in Instacartâs IPO filing, nor is it likely to be noted on the companyâs first-ever earnings call next week. Even most employees donât know about it. But I found out recently that Publixâone of the largest grocery chains in the U.S. and a key Instacart customerâwrote a significant check in Instacartâs Series D fundraising round six years ago, alongside Sequoia Capital. Itâs a delicious fact:... Read more âș
0
As more creator economy startups find buyers, Iâve been hearing talk about the possibility of rollups: one firm buying several similar businesses and combining them, saving on back-office costs while expanding their markets. So far, thereâs more talk than action. The private equity firms who typically back such deals have made limited inroads into the creator economy. Generally, thatâs due to the lack of profitable companies in the sector and... Read more âș
44
Flexport has reached a deal to acquire Convoyâs technology, according to an internal memo from Flexport CEO Ryan Petersen. As part of the deal, a small group of product and engineering employees from Convoy will join Flexport. The deal is only for Convoyâs technology and will not include the company or any of its liabilities, the memo said. Convoy shut down its operations earlier this month after failing to find... Read more âș
15
Most popular sources
Business Insider
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38% 11 |
CNET
|
12% 5 |
Tom's Hardware
|
6% 3 |
Android Authority
|
6% 2 |
TechRadar
|
6% 3 |
| View sources » | |
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29.11.2024 10:33
Last update: 10:30 EDT.
News rating updated: 17:20.
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