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 ›
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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 ›
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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 ›
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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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Meta Platforms Chief Technology Officer Andrew Bosworth on Tuesday told staff that the company had handled parts of recent changes to its human resources and content moderation policies clumsily, and that it plans to “correct” some of the changes. “There were things I think were pretty ham-fisted, borderline unintentional,” Bosworth said in a question-and-answer session with employees of Meta’s augmented and virtual reality unit, Reality Labs, according to a recording... Read more ›
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Microsoft chips and data center executive Zaid Kahn is leaving the company to pursue other opportunities, according to an internal email announcing the move on Thursday. Kahn, a vice president of cloud artificial intelligence and advanced systems engineering, played a key role in developing the ... Read more ›
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For the last two years, enterprise software companies have been trying to convince customers to fork over more money for new artificial intelligence features, such as generating notes from conference calls and ginning up images for slide presentations.Now, the software firms are no longer asking. Google said Wednesday it would automatically include generative AI features with Workspace productivity apps like Gmail, and charge basic tier customers an additional $2 per... Read more ›
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Microsoft CEO Satya Nadella and President Brad Smith met with president-elect Donald Trump and vice-president elect J.D. Vance at Mar-a-Lago in Florida on Wednesday, Microsoft said in a statement. Elon Musk, who has been tapped by Trump to lead a government efficiency initiative and recently ... Read more ›
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Microsoft on Thursday said it will start including artificial intelligence Copilot features by default in Office 365 apps for consumers and will raise the basic Office bundle price 30% to $13 per month per household or $10 per month for individuals. The new plan will be the only option available ... Read more ›
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Retail trading app eToro has confidentially filed for an initial public offering in the U.S., Financial Times reported. It’s seeking more than $5 billion valuation and could list in New York as soon as the second quarter this year, FT said. Goldman Sachs, Jefferies and UBS are banks ... Read more ›
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E-commerce software company Rokt said Thursday it would sell $335 million in existing shares to investors including Tiger Global Management and Australian venture capital firm Square Peg Capital, as well as the company’s board members, in a deal that values the company at $3.5 billion. That’s up ... Read more ›
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Of Jack Dorsey’s two business creations, only one looms large in the public consciousness: the company previously known as Twitter. But by some measures, his other company, Block, has been a more successful enterprise. Dorsey has built Block’s original business—Square, which gives small businesses a way to accept credit card payments—into a $7 billion per year business by revenue. Along the way he also built the Venmo-like Cash App into... Read more ›
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As I wrote last month, there’s been a flurry of excitement about applying generative artificial intelligence techniques to robotics, a field that’s generated much hope and plenty of disappointment over the last two decades. Like chatbot makers, robotics companies have relied on humans to manually label data, for example identifying packages in images to train robots to sort boxes. Many have used Scale AI, the data-labelling startup valued at $14... Read more ›
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Blue Origin launched its New Glenn rocket into orbit from Cape Canaveral, Florida, in a major milestone for the quarter-century old space company owned by Amazon’s founder Jeff Bezos. The 320-foot rocket reached orbit and deployed its payload, a prototype of a space vehicle called Blue Ring that ... Read more ›
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Most popular sources
Business Insider
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25% 4 |
Eurogamer.net
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14% 10 |
The Verge
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7% 3 |
Android Authority
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6% 0 |
Tom's Hardware
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6% 0 |
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12.11.2025 19:10
Last update: 19:05 EDT.
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