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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The Federal Reserve’s top banking regulator Michael Barr announced he would step down from the position on Feb. 28, or earlier if a successor is confirmed, meaning President-elect Donald Trump can appoint a replacement with a more favorable stance toward crypto and other financial ... Read more ›
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Uber announced an “accelerated” $1.5 billion stock buyback, to be mostly done on Monday, reflecting its view that “our stock is undervalued,” Uber CFO Prashanth Mahendra-Rajah said in a statement. Shares of the ride-hailing firm have fallen 24% since mid-October, ... Read more ›
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If the last month of AI product updates has demonstrated anything, it’s that AI firms are diverging meaningfully in their pricing strategies.On one hand, we have companies like Google, whose new “Flash” model drew droves of price-sensitive developers looking for an uber-cheap yet still high-quality alternative. And on the other hand, we have OpenAI, which last month announced both a “pro” version of its chatbot that costs 10 times as... Read more ›
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Walt Disney Co. is selling its streaming cable business Hulu + Live TV to smaller rival Fubo TV, in exchange for a 70% stake in Fubo. The deal both allows Disney to get out of the streaming cable business, whose future is not bright, and resolve litigation stemming from last year’s aborted ... Read more ›
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Google is good at operating the technology independent websites use to sell their ads—so good that the U.S. says it has a monopoly in that area. But it has been surprisingly poor at developing streaming TV ad technology—advertisers, TV ad sellers and former Google employees say its technology lag those of rivals. Buyers say Google’s video-streaming ad technology doesn’t let them target audiences as precisely as rivals’ offerings do, nor... Read more ›
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Microsoft recently suspended construction on part of its multi-billion-dollar artificial intelligence data center campus in Mount Pleasant, Wisconsin—a site where it is building a massive supercomputer for OpenAI. Microsoft said in a statement to Wisconsin Public Radio that it paused the second ... Read more ›
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The Consumer Electronics Show kicks off in Las Vegas this week, with two days of media events ahead of Tuesday’s official opening. Among the highlights are Nvidia CEO Jensen Huang’s keynote, scheduled for Monday. The big themes at this year’s CES, which has become a gathering place for ... Read more ›
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Welcome, Weekenders! In this newsletter:• Predictions: 18 things we think will happen in 2025 • Predictions: What happened with our guesses about 2024 • How to transform your productivity in the year ahead • Plus: Holmes at home; spilling tea on the Town; and Taylor Sheridan strikes againElon Musk already keeps a pretty full calendar running six major companies—X, Tesla, SpaceX, The Boring Co., xAI and Neuralink—as well as, seemingly,... Read more ›
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The Justice Department and TikTok filed duelling briefs with the Supreme Court on Friday, setting up the arguments their representatives will present when the court hears oral arguments next Friday in TikTok’s effort to block a law that could ban it on Jan. 19 if it doesn’t sever its ties with ... Read more ›
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As a new year dawns, I always spend a lot of time thinking about what I worked on in the one that has just ended—the people I hired, the stories we broke, the experiments we tried. Reflecting on 2024, it’s also clear to me that how I work changed a lot. In some respects, my expanding job responsibilities and my family forced my habits to shift. But I also believe... Read more ›
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Apple CEO Tim Cook will donate $1 million of his personal money to the committee planning president-elect Donald Trump’s inauguration, Axios reported Friday. Cook joins other tech CEOs, including OpenAI’s Sam Altman and Uber’s Dara Khosrowshahi, who each pledged $1 million in personal donations, ... Read more ›
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Our hearts go out to the victims of Wednesday’s horrific vehicle attacks in New Orleans and Las Vegas. In the days since, people have understandably been grasping to find ways the violence could have been prevented. One detail that’s gotten significant attention over the past 24 hours is that both vehicles used in the attacks were rented through Turo, an IAC-backed car-sharing service that filed to go public in 2022... Read more ›
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TikTok’s head of ad sales for North America, Sameer Singh, is leaving the company as the popular social video platform faces a ban in the U.S. beginning on Jan. 19, according to Adweek. It’s a notable executive departure for TikTok, which has asked the U.S. Supreme Court to intervene to prevent ... Read more ›
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Photo licensing service Getty Images is exploring a merger with Shutterstock, a rival service, Bloomberg reported, in a possible sign of how the emergence of artificial intelligence-powered image creation is affecting the market for photo images. Shares of both companies jumped on the news, ... Read more ›
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Electronics manufacturer Jabil said Friday that it had granted Amazon warrants to purchase more than 1 million of its shares for about $160 million, with the warrants vesting based on Amazon’s spending on the company’s products. Amazon has a record of equity-for-spending deals with ... Read more ›
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Microsoft is on track to spend $80 billion on datacenters that are tailor-made for running AI software in the twelve months ending in June, president Brad Smith said in a blog post on Friday. More than half of that spending will take place in the U.S., Smith said. The investment is a sharp ... Read more ›
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Stuart Hoegner, general counsel of stablecoin issuer Tether and its sister exchange Bitfinex, has retired and will be replaced by Michael Hilliard, who co-led legal affairs with him for several years at the two crypto companies. Tether, the world’s largest dollar-pegged stablecoin, has not ... Read more ›
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TikTok has long been aware that its livestreaming feature poses risks to children and is used for money laundering, a newly unredacted lawsuit from Utah’s attorney general claims. The suit, which is one of several filed against TikTok by different states over child safety issues in the past ... Read more ›
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** Mystical chanting ** Through wires and streams, the future flies, where vision soars and dreams arise, As twenty-twenty-five arrives, show us what will spark and change our lives! ** Chanting continues ** Holy moly! We’re clearly in for another wild year ahead, or so the careful study of our beats—and the omens around them—would suggest. We see a period full of acquisitions at Nvidia and in the retail sector,... Read more ›
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Databricks and Snowflake, already embroiled in a fierce rivalry over software that manages companies’ data, are now jockeying for position in generative artificial intelligence—particularly AI that helps businesses search their own data. Those goals have led both companies to consider buying the same startups. In recent weeks, representatives from Databricks and Snowflake have talked to the leaders of Voyage AI, a year-old startup both companies backed, about a potential acquisition,... Read more ›
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Most popular sources
Business Insider
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18% 7 |
Gizmodo
|
14% 5 |
Slashdot
|
12% 9 |
Android Authority
|
9% 4 |
Tom's Hardware
|
9% 1 |
| View sources » | |
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12.11.2025 07:38
Last update: 07:25 EDT.
News rating updated: 14:34.
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