Meta Platforms has erected guardrails around how it develops new products over the past decade to better protect the privacy of its more than 3 billion users following high-profile breaches. Now executives are lowering those guardrails so the company can release products more quickly. Among the changes, privacy teams will have less authority to delay product launches. Instead, product teams will have the final say over what privacy risks are... Read more ›
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TikTok CEO Shou Chew met with senior White House officials last week and offered a proposal that included joint venture with U.S. investors, the Wall Street Journal reported. The new venture would be based in the U.S. and oversee data security, with U.S.-based management and a majority of ... Read more ›
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Tesla CEO Elon Musk said he is not interested in buying TikTok’s U.S. business. “I have not put in a bid for TikTok,” he said at a conference in Germany, which was made public on Saturday. “I don’t have any plans for what would I do if I had TikTok.” “I don’t use TikTok personally,” he said. “I’ ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The Thiel protégé set to dispense a dose of abrupt change to the U.S. Health Department• The Top 5: The best high-tech protective gear for skiers and snowboarders• Plus, our Recommendations: A tricky traitor in the Troubles; a deeply researched television set; and Michael Fassbender goes James Bond–ish Oh, bonjour, Monsieur le Vice-Président! Next week, JD Vance will bid adieu to the... Read more ›
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My first ski helmet was ridiculous. Whenever I wore it, it looked like I had an upside-down fruit bowl on my head. I initially bought it back around 2002, a time when just a quarter of skiers wore helmets, according to the National Ski Areas Association’s annual survey. And no wonder: Back then, ski goggles and helmets were often shaped incompatibly with each other, and neither had any impressive optical... Read more ›
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Kash Patel, President Donald Trump’s nominee to head the FBI, owns stocks valued between $1 million to $5 million in a company that controls Chinese retailer Shein, according to Patel’s financial disclosures and lobbying and corporate records. Patel obtained the shares by serving as a ... Read more ›
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Anduril is in talks to invest about $2.5 billion at a $28 billion valuation before the new investment, according to three people with knowledge of the fundraising talks. The new financing, more than double the valuation of a financing announced in August, is expected to include $1 billion from ... Read more ›
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How long can computer servers be expected to last? Don’t groan—that’s a real issue. After all, if a company is spending tens of billions on servers annually, they presumably don’t want to replace them every other year. But as we learned in the past week or two from December quarterly earnings reports, the big tech companies have differing opinions on this point. And it has a lot of significance for... Read more ›
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General Catalyst is considering investing in Anthropic as part of a $2 billion round led by Lightspeed Venture Partners, according to a person who spoke to Anthropic leadership. Existing investors including Bessemer Venture Partners and Abu Dhabi sovereign fund MGX are also expected to invest in ... Read more ›
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Amazon cut language about diversity and inclusion from its 2024 annual report published on Friday, the latest example of a big tech firm pulling back from such initiatives following Donald Trump’s presidential election victory. Under the subheading “Human Capital,” Amazon’s 2023 annual report ... Read more ›
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Meta Platforms is preparing to implement on Monday previously announced job cuts of 5% of its workforce. In a message to staff on Friday, Meta said employees who are laid off will be cut off from the company’s internal system within an hour and will be notified by email about their ... Read more ›
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The Trump administration said Friday that it had temporarily reversed a ban on duty-free package shipments from China that had gone into effect just days earlier, the latest in a series of abrupt moves that have upended the e-commerce industry. Friday’s move amends an executive order that had ... Read more ›
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In November, virologist Beata Halassy announced to the world that she had cured her own breast cancer using a treatment developed in a laboratory she runs. Many in the medical community celebrated her breakthrough, which she says has allowed her to live cancer-free for over four years. But some bioethicists worried that overpublicizing the results of her self-experimentation could encourage others with less expertise to reject conventional cancer treatment. This... Read more ›
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Shopify, best known for selling software and services to help small entrepreneurs run online shops, wants to boost its growth by landing bigger retailers as clients. One obvious target is merchants that use e-commerce software from enterprise giants like Salesforce, Adobe and Oracle. While Shopify has highlighted its success in winning some bigger businesses, such as Reebok and Away, the company has struggled to pull other retailers completely away from... Read more ›
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President Donald Trump said Thursday he wanted to eliminate a carried-interest tax deduction that allows venture capitalists, hedge fund managers and private equity investors to pay a lower tax rate on their share of profits from investments than the higher ordinary income tax rate. During his ... Read more ›
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General Catalyst seems to be drawing a blueprint for what it means to be a venture capital firm that is not just a venture capital firm. Earlier this week, the 25-year-old firm announced it would be expanding into wealth management, led by a team of former First Republic Bank staffers. And now, three people who have spoken to the firm tell me it is developing a program to make small... Read more ›
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Amazon is upping the ante in tech’s great capex stakes. The commerce cloud giant’s CEO, Andy Jassy, intimated Thursday, as the company reported fourth-quarter earnings, that it would spend around $100 billion on capital expenditures this year. That’s up around 29% from what Amazon spent in 2024, and roughly $20 billion to $25 billion ahead of what fellow cloud firms Microsoft and Google each plan to spend this year. And... Read more ›
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Salesforce is making additional executive leadership changes following its announcement on Wednesday that one of its board members, software industry veteran Robin Washington, will be assuming a dual role of chief operating officer and chief financial officer in March. The changes come amid ... Read more ›
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How painful would it be for ByteDance to shut down TikTok in the U.S. altogether? Such a question may be moot if you only listened to President Donald Trump, who has frequently weighed in on the likelihood of a deal to sell TikTok’s U.S. operations—perhaps to Oracle, maybe to Elon Musk, or even to the U.S. government itself! But as we’ve reported here and as the Washington Post reminded us... Read more ›
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Shares of drugstore beauty giant Elf Beauty fell more than 20% in after-hours trading Thursday, after the company cut its sales forecast for its current fiscal year, which ends in March, to between $1.3 billion and $1.31 billion, down from $1.315 billion to $1.335 billion previously. Elf’s CEO ... Read more ›
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12.11.2025 06:19
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