Elizabeth MacBride, an author and the owner of a small publishing company, was celebrating a belated Christmas with her daughters on Friday morning when she glanced at her phone and saw an e-mail from her accounting firm, Bench. The Vancouver, British Columbia–based startup said it was shutting down services for customers, effective immediately. MacBride found she couldn’t access her company’s financial information, including loan statements and tax returns, through Bench’s... Read more ›
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The deaths in recent days of former Time Warner CEO Richard Parsons and Cablevision Systems founder Chuck Dolan seemed, in a way, symbolic of the slow death of the traditional television industry. Both Time Warner and Cablevision were, until a decade or so ago, major forces in cable TV and entertainment. Both now have been swallowed up by other entities, their value dissipated, a victim of video streaming. You might... Read more ›
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Cariad, a Volkswagen subsidiary that develops automotive software, left the personal and geolocation data of some 800,000 electric vehicle owners open to public view for several months due to a misconfiguration in Amazon Web Services’ cloud storage, the German magazine Der Spiegel reported. ... Read more ›
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Venezuela’s top court has fined TikTok $10 million and ordered the company to open an office in Venezuela after three young people died participating in popular TikTok “challenges” that involved ingesting chemical substances. According to the Voice of America, the court found that ... Read more ›
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The Department of Justice and the Federal Trade Commission have expanded a lawsuit alleging banking fintech Dave misled customers and charged hidden fees, adding the company’s CEO Jason Wilk as a defendant. The lawsuit, filed on Monday, said Dave misled customers by charging hidden fees and ... Read more ›
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Nvidia has completed its acquisition of Run:ai, an Israel-based startup whose software speeds up training of AI models by giving organizations more control over their usage of graphics processing units, the startup said in a blog post. The deal—previously reported to be worth $700 million— ... Read more ›
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Accounting and bookkeeping fintech Bench, which shut down Friday and notified staff that it had filed for insolvency, is now finalizing a deal to get acquired by Employer.com – and seeking to rehire the laid off staff, according to Matt Charney, Employer.com chief marketing officer. The deal, ... Read more ›
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In many ways, artificial intelligence defined 2024. Nvidia’s perch as the dominant seller of the graphics processing units that power much of AI propelled it past $3 trillion in market capitalization, making it the world’s second most valuable company as of Dec. 27, trailing only Apple. Despite a growing legion of rivals and would-be rivals (see our AI Chip Database), Nvidia’s sales actually grew faster than those of Advanced Micro... Read more ›
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While the rest of us were recovering from heavy Christmas dinners and too much time with relatives, Chinese quant trading firm High-Flyer Capital Management dropped the latest update on Thursday to DeepSeek, its open-weight large language model. Senior researchers at American firms including OpenAI and Meta Platforms almost immediately started investigating the Chinese rival’s technology and its claims about what little hardware it took to produce the model.High-Flyer says it... Read more ›
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ByteDance continues to use Nvidia’s most advanced artificial intelligence chips despite U.S. efforts to block Chinese companies from using them. The Chinese owner of TikTok recently told suppliers it planned to spend up to $7 billion to access Nvidia chips outside China in 2025, according to a person who has been involved in the plan. The effort, led by co-founder Zhang Yiming, would make ByteDance one of the world’s biggest... Read more ›
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President-elect Donald Trump weighed in on a debate that has pitted his Silicon Valley supporters against his immigration hardliner allies, telling the New York Post that he supports the H-1B visa program for skilled workers. “I’ve always liked the visas, I have always been in favor of the ... Read more ›
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Blue Origin said it successfully conducted a key test of its New Glenn rocket, a precursor to a first launch of the rocket likely to occur in the coming weeks. The “hot fire” test of New Glenn, in which the rocket’s engines were ignited for 24 seconds to simulate a launch, took place in Cape ... Read more ›
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Welcome, Weekenders! In this newsletter:• Lists: 20 great books to read over the holidays.• Artificial intelligence: A marketplace for solving AI’s copyright woes? • Plus: The crust czar; a go-to travel shoe; and birds with bullets.Elon Musk really has reached a remarkable place within our lives, a type of ubiquity few other business titans have ever enjoyed. Sure, each decade always has its cast of famous, well-followed faces—Milken in the... Read more ›
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Nearly a century ago, Isaac Asimov laid out his Three Laws of Robotics, a set of commandments imagining how artificial beings should interact with humans. The tenets underpin much of modern science fiction, and they tend to knock around in the minds of the people developing modern technology, too. Trip Adler, a co-founder of Scribd—which has sites for storing documents online and e-book subscriptions—is one of those people. And in... Read more ›
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The sleepy Friday between Christmas and New Year’s turned out to be not so sleepy after all. President-elect Donald Trump filed a brief with the Supreme Court on Friday afternoon asking to delay the effective date of a law banning TikTok. The law will ban TikTok on Jan. 19—one day before Trump takes office—unless it can find a buyer that satisfies U.S. national security concerns about the app.Trump’s brief wasn’t... Read more ›
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Lawyers for president-elect Donald Trump told the Supreme Court Friday that Trump opposes banning TikTok in the U.S. “at this juncture” and would like to “resolve the issues at hand” once he takes office. The brief by Trump’s lawyers was one of several filed Friday about the law, which bans the ... Read more ›
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Elon Musk’s lawsuit to stop OpenAI from moving to a fully for-profit structure has gained another supporter. Encode, a youth organization that advocates for issues related to artificial intelligence, submitted an amicus curiae brief on Friday, effectively arguing that OpenAI and its technologies ... Read more ›
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Do Kwon, 33, the co-founder of Terraform Labs, will be extradited to the U.S. for prosecution rather than his home country South Korea, according to the government of Montenegro. Kwon faces criminal charges of fraud over the 2022 collapse of TerraUSD and Luna cryptocurrencies and is wanted by ... Read more ›
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One of Neal Stephenson’s favorite texting buddies is Seamus Blackley, a creator of the Xbox when he was at Microsoft and a former agent at Creative Artists Agency. Their friendship extends back years, and they often trade notes and thoughts on whatever technology has come to fascinate them. A while ago, they got to talking about radiation and nuclear power, and they settled on a challenge: They’d each build a... Read more ›
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Bench, a Vancouver, Canada-based bookkeeping startup that had raised more than $100 million from well-known venture capital firms, has cut off its service to customers, effectively immediately, according to a message posted to its website and an e-mail sent to customers. The company also laid ... Read more ›
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13.11.2025 05:22
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