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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
0
** 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 ›
0
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 ›
12
Specialized chip designers Broadcom and Marvell Technology have been getting a lot of investor love lately. Both companies’ shares have surged more than 30% over the past three months as their revenues have soared, thanks to their efforts helping tech giants including Google and Amazon build their own artificial intelligence chips. Meanwhile, shares of the biggest AI chip designer, Nvidia, have stalled as its super-hot revenue growth has slowed. Right... Read more ›
1
Several California laws regulating artificial intelligence-generated deepfakes went into effect at the start of the year. One expands laws against child pornography to include AI-generated depictions of minors, another criminalizes pornographic deepfakes and a third requires social media ... Read more ›
0
A week before Christmas, venture capitalist Elad Gil tweeted, “Lots of year end company shutdowns…happening right now,” offering a tantalizing hint of behind-the-scenes drama. Gil’s tweet appears to have been on the money: At least three companies have closed their doors since then—accounting firm Bench last week, LinkedIn rival Polywork earlier this week and benefits outfit Level, whose shuttering was first reported by The Information on Thursday. Given Gil’s vantage... Read more ›
0
I first met Peter Johnston, the founder of consumer social website Polywork, in 2022 when he had just raised $28 million from former GitHub CEO Nat Friedman and other investors. Johnston was eager to tell me how Polywork would connect people with different professional opportunities, such as a coder who wanted to make angel investments or a designer who wanted to speak at events. This optimism about building a massive... Read more ›
0
Shares of Carvana fell 2% after a short-selling research firm, Hindenburg Research, published a report alleging that the publicly traded online car dealer has weak underwriting standards and an increasingly risky portfolio of subprime loans. The report focused on the role played by the ... Read more ›
2
Welcome to the first edition of Creator Economy in 2025! With a new U.S. presidential administration and TikTok’s future in the country hanging in the balance, this year is already off to a busy start. Here’s what I’m forecasting will happen over the next 12 months: • The Supreme Court will uphold a U.S. law that could ban TikTok. After reporting on this story over the past four years and... Read more ›
0
New tax filings from Peter Thiel’s nonprofit the Thiel Foundation showed that the billionaire venture capitalist gave out $4,334,013 in grants in 2023, mostly to young startup founders and organizations devoted to political philosophy. The donations also showed an ongoing focus on longevity ... Read more ›
0
Meta Platforms named Joel Kaplan chief global affairs officer, elevating the company’s most prominent Republican ahead of Donald Trump’s presidency and Republican control of both houses of Congress. Kaplan replaces Nick Clegg. Kevin Martin, Meta’s vice president of U.S. public policy and another ... Read more ›
0
Most popular sources
Business Insider
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22% 5 |
Eurogamer.net
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13% 9 |
The Verge
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9% 5 |
Gizmodo
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6% 4 |
Tom's Hardware
|
6% 0 |
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13.11.2025 03:36
Last update: 03:30 EDT.
News rating updated: 10:31.
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