Special purpose vehicles are now a mainstay in venture capital, showing up in some of the biggest deals in artificial intelligence, from OpenAI to Anthropic, as a flexible way to raise cash from a larger pool of investors.Now fund managers are considering using SPVs to fund a huge new round for Figure AI, a three-year-old startup that builds humanoid robots, I’ve learned. Read more ›
0
Energy drink maker Celsius said it planned to acquire competing brand Alani Nu in a deal valued at $1.8 billion, the latest transaction involving a big beverage company snapping up a fast-growing younger brand. Celsius shares jumped more than 29% in aftermarket trading. Founded in 2018 by ... Read more ›
0
A group of powerful bank lobbying groups wrote a letter Thursday urging federal banking regulators to rescind or substantially revise policies that the group said hindered banks’ ability to offer crypto-related services. The letter, addressed to crypto and AI czar David Sacks, said banks shouldn ... Read more ›
0
Activist investor Ryan Cohen has built up a $1 billion stake in Chinese e-commerce giant Alibaba, the Wall Street Journal reported Thursday. Cohen’s investment was built up over the past two years, a period when Alibaba stock has been in the doldrums, although it has recently perked up. Cohen, ... Read more ›
0
Facebook wants to be cool again—and it plans to revamp itself in large part by leveraging creators, as my colleague Sylvia and I detailed in a story on Thursday. Facebook staffers have been talking to the teams of prominent YouTubers including MrBeast and former NASA engineer Mark Rober to get their feedback on how to make the app better for creators, according to a person with direct knowledge of the... Read more ›
30
The Federal Trade Commission has launched a public inquiry into whether technology platforms “censor” users by denying access to services based on “the content of their speech or affiliations,” the agency announced Thursday. It’s the latest sign of how the Trump administration is pressuring tech ... Read more ›
0
Klaviyo announced the launch of customer service features for e-commerce merchants on Thursday, marking a significant expansion for the software firm, which mainly sells software for small businesses to send marketing emails and text messages to shoppers. The new features will allow websites to ... Read more ›
0
YouTube is testing a cheaper version of its paid, ad-free YouTube Premium service, the company confirmed. It’s unclear what the price of this cheaper tier will be, while YouTube Premium is priced at $13.99 per month. The news was first reported by Bloomberg. In a statement, a YouTube ... Read more ›
0
Kleiner Perkins is leading an investment round into Codeium at a nearly $3 billion valuation, including the capital, according to two sources with direct knowledge of the matter. The deal comes just months after the coding assistant startup raised at $150 million a $1.25 billion valuation and ... Read more ›
0
TikTok told employees Thursday that it is planning to make cuts to its global trust and safety team, according to two people with knowledge of the situation. The internal announcement comes a week after CEO Shou Zi Chew hinted at the possiblity of cuts during an all-hands meeting for ... Read more ›
0
It’s now common to hear CEOs talk about how they’re using artificial intelligence to cut costs. But here and there some are poking holes in their peers’ rosy statements. Airbnb CEO Brian Chesky, for instance, said on the company’s earnings call that AI-powered coding assistants haven’t led to a “fundamental step change in productivity yet.” Read more ›
0
Figure Markets, a crypto startup led by SoFi Technologies co-founder Mike Cagney, said it is launching an interest-bearing stablecoin available for retail investors in the U.S., the first in the industry, after successfully registering the product with the Securities and Exchange Commission. ... Read more ›
0
Salesforce CEO Marc Benioff has long been a vocal critic of Microsoft. A couple of years ago, he accused the company of violating antitrust laws in how it sells software bundles. More recently, he has slammed its artificial intelligence chatbot for giving inaccurate responses and being difficult to use. But that history hasn’t stopped Salesforce from including Microsoft in negotiations it is having with several cloud providers—also including Google and... Read more ›
2
Lawyers representing Elon Musk’s X and Interpublic Group spoke in December, with X’s lawyer suggesting that the ad conglomerate’s clients should start spending more on the social media platform, or face potential repercussions, The Wall Street Journal reported on Thursday. X’s CEO Linda ... Read more ›
0
Amazon is taking creative control of the James Bond films through a deal with the family that has long controlled the franchise, the company said Thursday. Amazon MGM Studios has formed a new joint venture with Barbara Broccoli and Michael G. Wilson, who have long controlled the franchise after ... Read more ›
0
As Meta Platforms tries to make its large language model Llama the industry standard for artificial intelligence, it is not only courting big businesses but also taking steps to work with one of the largest customers in the world: the U.S. government. In November, the company poached Clara Shih from Salesforce, where she was CEO of Salesforce AI, to head a new group building AI tools for businesses. Since joining... Read more ›
0
Alibaba Group said it will soon release a new artificial intelligence “deep reasoning model,” in what could be the Chinese tech giant’s answer to the recent success of DeepSeek. Alibaba CEO Eddie Wu said during a conference call with analysts Thursday that the new reasoning model is built on the ... Read more ›
0
To make Facebook cool again, Meta Platforms is asking some of the most popular creators on YouTube for advice, ranging from MrBeast to Mark Rober, a former NASA engineer who explains scientific concepts. The creators aren’t holding back. Facebook has a “big hill to climb,” said Rober, who has 64 million followers on YouTube and 5.3 million on Facebook, and whose team has been talking to Meta about Facebook for... Read more ›
22
We got big news from both Microsoft and Apple today! Microsoft unveiled a new advance in quantum chips—which the software giant hinted could revolutionize computing in the next few years—while Apple unveiled a new iPhone, the 16e, which is a bit cheaper than its flagship line of smartphones and is the first device to use an Apple-designed cellular modem. Yes, while Microsoft is trying to change the very nature of... Read more ›
0
Long gone are the days when podcasting just meant audio episodes. Spotify and others have been pushing podcasters to post video versions of their shows, which can open up new types of advertising such as product placement and give podcasters video clips that can expand their reach. But some podcasters are skeptical that the video effort will pay off. Video is “forcing people to change what the core competency of... Read more ›
3
Most popular sources
Business Insider
|
23% 1 |
Gizmodo
|
12% 3 |
Tom's Hardware
|
8% 1 |
Android Authority
|
8% 1 |
Slashdot
|
7% 4 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
11.11.2025 23:36
Last update: 23:20 EDT.
News rating updated: 06:30.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.