Norwayâs sovereign wealth fund plans to vote against Teslaâs proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was âconcerned about the total size of the award, dilution, and lack of mitigation of key person risk.â The ... Read more âș
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These are not golden days for the individuals working in the trust and safety teams of social apps.  Late last year, we reported on the fights within TikTok to make the app more appealing for President-elect Donald Trump and his supporters in which the companyâs lobbying arm prevailed over its content moderation staff. Then on Tuesday, Meta Platformsâ CEO Mark Zuckerberg went a step further, ending Metaâs fact-checking program run... Read more âș
0
U.K. lawmakers grilled bargain sellers Shein and Temu in a hearing Tuesday, pressing for answers about the potential use of forced labor in their supply chains as part of a broader government inquiry into labor rights. Liam Byrne, the lawmaker who chairs the committee, said the committee was ... Read more âș
6
Getty Images is buying rival photo licensing site Shutterstock for around $1.35 billion in cash and stock, a combination that will create a company better able to fend off the threat posed by artificial intelligence-powered image creation. The precise price will depend on the mix of cash and ... Read more âș
0
Welcome to Applied AI, The Informationâs twice-weekly newsletter that will take you inside how businesses are using artificial intelligence.Iâm Jon Victor, the lead writer for Applied AI. For seven years I have been reporting on technology and most recently on how businesses are using AI. I recently interviewed Marc Benioff for a profile of Salesforceâs big push into AI agents and Databricksâ Ali Ghodsi about how AI is helping workers... Read more âș
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Artificial intelligence developer Anthropic is in discussions to raise $2 billion in new funding at a $60 billion post-investment valuation, according to a person with direct knowledge of the fundraise. Venture capital firm Lightspeed Venture Partners, which is primarily known for investing in ... Read more âș
0
President-elect Donald Trump on Tuesday said Emirati real estate firm Damac Properties plans to spend at least $20 billion to develop data centers in the U.S. Hussain Sajwana, the chairman of Damac, said the data centers will cater to artificial intelligence and cloud computing businesses of ... Read more âș
0
TikTokâs parent company ByteDance released an app called Melolo featuring short dramas, TV and movies on Googleâs app store. Minidramas have proved to be a huge hit for TikTokâs sibling app Douyin in China. The company has also explored bringing such short dramas to the U.S. on TikTok to broaden ... Read more âș
0
Within hours of OpenAIâs demonstration of its latest advanced reasoning model, o3, social media platforms and online forums were filled with posts from software engineers questioning their future: What happens to their jobs when artificial intelligence can write code better than they can? But Turing CEO Jonathan Siddharth, whose firm helps OpenAI, Google and others to develop code-writing AI, thinks doomsayers about the future of software engineers have it all... Read more âș
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Imagine youâre asking a computer-using agent from OpenAI, Anthropic or Google to find and order a new outfit for your upcoming holiday party, and in the process, that model inadvertently ends up on a malicious website that instructs it to forget its prior instructions, log into your email and steal your credit card information.Thatâs a very real fear for AI labs making such computer-using software, which essentially takes over usersâ... Read more âș
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Meta Platforms is drastically relaxing its stance on content moderation, moving in the direction of Elon Muskâs X, a move that responds to pressure from the incoming Trump administration that will shake up the social media sector. In a post written by Metaâs newly promoted Chief Global Affairs ... Read more âș
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Michael Grimes, Morgan Stanleyâs investment banker to the stars of Silicon Valley, has earned the trust of tech-industry luminaries from Elon Musk to Brian Chesky, thanks to his ability to orchestrate multibillion-dollar mergers and initial public offerings. He offers prospective job candidates visiting his Menlo Park, Calif., office a seat in either the âMark chairâ or the âSheryl chairâ to indicate where each Facebook leader sat when Grimes was leading... Read more âș
0
The Semiconductor Industry Association on Monday urged the Biden Administration to withhold releasing a planned export control regulation until after Trump takes office, saying the rule could âsignificantly undercut U.S. leadership and competitivenessâ in semiconductor technology. The ... Read more âș
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The Department of Defense added Chinese internet giant Tencent Holdings and Contemporary Amperex Technology Co, the worldâs largest electric-vehicle battery maker, to a blacklist over alleged ties with the Chinese military. The list carries no specific sanction implications, except for ... Read more âș
0
Nvidia CEO Jensen Huang unveiled a personal artificial intelligence supercomputer, Project Digits, during his keynote speech at CES in Las Vegas on Monday. The $3,000 device can run sophisticated AI models in a compact, desktop-friendly form factor. In contrast to traditional supercomputers that ... Read more âș
0
Employer.com, part of a San Franciscoâbased company pursuing buyouts of human resources companies, recently offered to acquire troubled benefits startup Level, according to a person with direct knowledge of the deal. The talks, which are ongoing, come just days after Level said it was shutting down because a different acquisition fell through. Employer.com has proposed paying roughly $30 million in cash and stock for Level, a low multiple to New... Read more âș
0
Dealmaking in 2025 is off to a good start. Walt Disneyâs deal on Monday to offload its Hulu+Live TV businessâthe clunky name for the part of Hulu that offers a cable TVâlike package of old-fashioned TV channelsâto smaller rival FuboTV is a smart move. Disney comes out of the transaction with 70% of a larger FuboTV, one that is making money and arguably better positioned to both compete and eventually... Read more âș
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Salesforce has promoted Kaylin Voss, a six-year company veteran who has spent the past year as chief revenue officer of Slack, to lead sales of its AI agent and data management software, she announced in a LinkedIn post. Voss will oversee two of Salesforceâs most important products: Agentforce, ... Read more âș
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Meta Platforms named three new directorsâincluding Dana White, CEO of mixed martial arts company Ultimate Fighting Championshipâexpanding its board to 13 members. The other new directors are John Elkann, CEO of investment company Exor, and Charlie Songhurst, an investor and former executive at ... Read more âș
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A Google executive on Monday criticized Microsoftâs Bing search engine for potentially making users think they are using Google Search rather than Bing. Bing is the default search engine in Microsoftâs Edge browser, which comes preinstalled on Windows computers. Typing âGoogleâ into the browserâ ... Read more âș
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âShark Tankâ investor Kevin OâLeary has signed onto billionaire Frank McCourtâs attempted bid to acquire TikTok. But itâs unclear if OâLeary has made a capital commitment, and if so how much. The celebrity investor in May 2024 floated his interest in buying the app, at a significant discount. At ... Read more âș
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12.11.2025 05:45
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