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 ›
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In the streaming era’s current period, deducing the whereabouts—and fate—of a favorite series is often a more complex mystery than the ones that confront the fictional investigators and detectives in many of these shows. Some shows air weekly, while others get released in a single drop. Certain episodes arrive in the evening, while others populate on landing pages as the sun comes up. It’s getting nearly impossible to predict if—let... Read more ›
0
On Thursday, about 200 founders and investors tucked into seared sea bass and key lime pie at Mar-a-Lago, Donald Trump’s Palm Beach private club. The mood was celebratory, and the attendees talked about their hopes for a deregulatory boom in the nuclear and space industries. Each attendee received a black baseball cap emblazoned with the slogan “Make Nuclear Great Again,” courtesy of one of the startups attending, Valar Atomics. Meanwhile,... Read more ›
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When future historians chronicle recent events in the tech industry, they’re likely to marvel at the endurance of TikTok, which has become like a cockroach in a nuclear war: the ultimate survivor. Today’s Supreme Court decision upholding the ban-or-sell law should have been the nail in the coffin for the company. After all, as we recounted in this piece today, its management had no backup plan other than the legal... Read more ›
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Amazon is pausing drone deliveries to customers, a spokesperson said Friday. The pause comes after two of its aircraft crashed at a testing facility, Bloomberg reported. Two of Amazon’s newer delivery drones, known as the MK30, crashed during December test flights in Oregon, according to ... Read more ›
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Meta Platforms will break up a team that trained employees on civil rights, sought to prevent the company’s algorithms from spreading harmful or disrespectful content and helped the company develop technology to more equitably distribute ads, according to a person with direct knowledge of the ... Read more ›
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It’s not just Meta Platforms, Snap and Google’s YouTube that stand to benefit if TikTok shutters in the U.S. as a result of Friday’s Supreme Court decision upholding the ban-or-sell law against the Chinese-owned app. Several small social and video apps, including Flip, Clapper and Whatnot, could also come out ahead. Meanwhile, losers include logistics startups which work with TikTok Shop sellers, such as ShipBob and ShipHero, along with advertisers... Read more ›
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Crypto wallet provider Phantom said it raised $150 million in a Series C round led by Sequoia Capital and Paradigm that boosted its valuation to $3 billion. Existing investors including a16z crypto and Variant also participated in the round. A competitor of Coinbase Wallet and MetaMask, Phantom ... Read more ›
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This week on More or Less: TikTok and the coming digital trade war. Apple Spotify YouTube Read more ›
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U.S. authorities took a key step on Friday toward heavily restricting a trade rule used by e-commerce companies like Temu, Amazon and Shein to import products into the U.S. from China without paying tariffs. U.S. Customs and Border Protection proposed rules on Friday that would bar companies ... Read more ›
4
Artificial intelligence has the potential to solve the world’s problems, like climate change, plastics and even inequality, believes one of the readers of The Information. Whether it will do so depends “on the questions we ask of this tremendous power now in our hands,” says the reader. A recent survey of 108 readers of The Information (see the methodology) sheds light on where companies are in their journey to harness... Read more ›
0
When Unrivaled, a new professional women’s basketball league, tips off tonight on TNT, fans will be introduced to a version of the sport that Alex Bazzell, one of the league’s founders, described to me as “a Broadway show on steroids.” That spectacle will feature three-player teams rather than traditional five-on-five action, Bazzell explained as we stood on the league’s gleaming new hard court in Miami last week. Viewers will see... Read more ›
0
In the eight months since President Joe Biden signed into law a requirement that TikTok sever its ties with its Chinese parent, ByteDance, or face a ban in the U.S., TikTok CEO Shou Zi Chew has been asked numerous times by company executives what TikTok would do if its legal fight against the law failed. Chew never gave a clear answer and sometimes said he hadn’t thought about it, according... Read more ›
0
The Supreme Court on Friday upheld a U.S. law that forces TikTok to cut ties with its Chinese parent ByteDance or face a ban. The decision came two days before the Sunday deadline for the law to go into effect. Barring the court’s intervention, TikTok had planned to shut off its app on ... Read more ›
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A mergers and acquisitions slowdown for beauty, apparel and other consumer startups, plus a yearslong initial public offering drought, have created a quandary for once-hot brands: Many risk becoming too passé to go public but too big for buyers to swallow. Avoiding that fate was top of mind for many investors, advisers and executives I spoke to this week at a major retail conference in Orlando, Fla. Some are cautiously... Read more ›
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While it’s too early to predict what’s going to happen with TikTok, it’s beginning to look like ByteDance has successfully called the U.S.’s bluff. For months, ByteDance has refused to contemplate selling TikTok to avoid a ban. And now, days before the ban is due to take effect, politicians are caving in. Most notably, Senate Democratic leader Chuck Schumer posted on Bluesky on Thursday that “more time is needed to... Read more ›
0
The Federal Trade Commission said Thursday it had referred a legal complaint it made against Snap to the Department of Justice and alleged the company’s artificial intelligence chatbot poses “risks and harms to young users of the application” and that Snap “is violating or is about to violate ... Read more ›
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Shield AI, a maker of drones and software whose customers include the Ukrainian and U.S. governments, is in talks to raise hundreds of millions of dollars from investors including Palantir and Lockheed Martin, three people familiar with the matter said. The round would likely value the San Diego-based startup at about $5 billion, before the investment, roughly double its valuation from its last funding round in 2023, the people said. Read more ›
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Sequoia Capital is planning to double down on Harvey, which uses artificial intelligence to automate work for lawyers, less than two years after first investing in the startup. The reason probably has something to do with its revenue growth.Harvey expects to raise about $300 million at around a $3 billion valuation in a round led by Sequoia Capital, according to people with direct knowledge of the fundraising. This would come... Read more ›
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It’s crunch time for TikTok, and my phone is blowing up with panicked messages from creators, their managers, agencies and ordinary users about what will happen.Before we get into the possibilities, my colleague Catherine has an update about what TikTok is telling advertisers: Read more ›
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Amazon is laying off about 200 employees in its North America stores division, the company said Thursday. An Amazon spokesperson confirmed the cuts to the division, which includes a wide variety of teams working on everything from fashion and fitness products to private brands under senior vice ... Read more ›
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Most popular sources
Business Insider
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23% 1 |
Gizmodo
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12% 3 |
Tom's Hardware
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8% 1 |
Slashdot
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7% 4 |
Android Authority
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7% 1 |
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11.11.2025 23:21
Last update: 23:15 EDT.
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