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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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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
23
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 ›
0
Coinbase says it’s launching a bitcoin-backed loan program that will allow customers to borrow up to $100,000 worth of USDC stablecoins using bitcoin in their accounts as collateral. The loans will be offered through Morpho, a decentralized lending protocol that runs on Base, the blockchain that ... Read more ›
0
Brian Shroder, the former CEO of crypto exchange Binance.US, has launched a startup called 1Money, which builds a decentralized payment network dedicated to processing stablecoin transactions. The company says it has raised over $20 million in seed funding from Galaxy Ventures, Kraken Ventures, ... Read more ›
0
A pending ban of TikTok in the U.S. is prompting a flood of TikTok users to try out Chinese social media app RedNote. Chinese regulators aren’t happy. The Cyberspace Administration of China, the country’s Internet watchdog, is concerned that English-language content showing up on RedNote may contain politically sensitive posts that aren’t otherwise allowed on Chinese social media, according to three people with knowledge of the communications between Chinese officials... Read more ›
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Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, reported on Thursday that net income increased 57% to $11.6 billion in the December quarter from a year ago, thanks to strong demand for artificial intelligence chips. TSMC, which manufactures chips for Nvidia and Apple, ... Read more ›
0
Apple is in talks with Barclays and Synchrony Financial to replace Goldman Sachs as the partner for its credit card, Reuters reported Wednesday. The news comes after the CEO of Goldman Sachs told analysts on an earnings call Wednesday that its credit card partnership with Apple might end before ... Read more ›
0
The Biden administration is looking for ways to keep TikTok available in the U.S. on Sunday, the day a federal law will ban the app, NBC News reported. Administration officials are exploring options to stop TikTok from immediately shutting down in the U.S., even if the Jan. 19 ban ... Read more ›
0
Beware companies bearing gifts: They tend to want something. Google’s announcement on Wednesday that it would now include its artificial intelligence tools in its business products such as corporate Gmail, whether customers want the tools or not, was cast as a do-gooder move aiming to bring the power of AI to everyone. The reality is more likely that Google is desperate to get more businesses to use its Gemini-branded AI... Read more ›
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The U.S. Commerce Department on Wednesday issued new rules to prevent the world’s most important chip manufacturers, including Taiwan Semiconductor Manufacturing Co., from letting certain Chinese companies access advanced chips, including for artificial intelligence. The new rules, which include ... Read more ›
0
Business has been booming for Anduril. The venture-backed weapons maker doubled revenue to about $1 billion in 2024, say people close to the company, and could get another sales lift from a change in Defense Department leadership under incoming President Donald Trump. The opportunity for growth could position Anduril for an initial public offering as soon as 2026. In the near term, Anduril is offering existing investors an opportunity to... Read more ›
0
Donald Trump is considering issuing an executive order once he is president that would suspend the enforcement of the U.S. law that could ban TikTok for 60 to 90 days, The Washington Post reported. But lawyers told the Post that a presidential executive order can’t overturn a law passed by ... Read more ›
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Most popular sources
Business Insider
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24% 1 |
Gizmodo
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11% 3 |
Tom's Hardware
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9% 0 |
Slashdot
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8% 5 |
Android Authority
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7% 1 |
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12.11.2025 01:41
Last update: 01:35 EDT.
News rating updated: 08:31.
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