Elon Musk might have won the battle over OpenAIâs future, but whoâs to say Sam Altman isnât going to win the war? Todayâs announcement by the ChatGPT creator that it was abandoning plans to move its for-profit arm out from under control of the nonprofitâconceding to Muskâs legal efforts to stop the restructuringâcould end up cementing Altmanâs power at OpenAI. After all, OpenAI will remain a company whose controlling shareholder... Read more âș
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After a yearslong slump in the initial public offering market, 2025 was poised to be the year exits made a comeback, with many big companies in tech and artificial intelligenceâincluding Databricks, Chime, StubHub and Klarnaâprimed to hit the exchange and deliver a long-anticipated return on investment. All of that was before Trumpâs on-again, off-again tariff whims ushered in a state of stasis, effectively putting IPOs on pause. At a recent... Read more âș
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Palantir said Monday that first-quarter revenue rose 39% year over year to $884 million, fueled by strong demand from U.S. businesses and government agencies for its data-analytics software. U.S. commercial revenue grew 71% to $255 million, while U.S. government revenue grew 45% to $373 million. ... Read more âș
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Databricks is in talks to acquire startup Neon, which rents access to a cloud database service thatâs designed for AI agents and applications, for around $1 billion, the technology news site Upstarts reported. The talks are the latest sign of Databricksâ push to get customers to build AI ... Read more âș
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OpenAI Chair Bret Taylor said Monday that the artificial intellingence firm will no longer move its for-profit arm, which develops ChatGPT, out from under the control of a nonprofit board. Taylor said OpenAI reversed course after conversations with the attorneys general of Delaware and ... Read more âș
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Trading platform eToro said Monday itâs launching the roadshow for its initial public offering, making it one of the first companies to move forward with their listing plans after tariff-induced market turmoil froze the IPO market last month. The Israel-based company and its shareholders ... Read more âș
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The impact of the falling dollar is rumbling through tech companiesâ earnings and threatens to reduce investments in the industry for both established players and startups. Since President Donald Trumpâs tariffs announcements a month ago, the dollar has fallen to its lowest level since 2022. The move was so big that companies including Meta Platforms, Microsoft and others highlighted the impactâin both the first quarter and the rest of the... Read more âș
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U.S. Trade Representative Jamieson Greer, President Donald Trumpâs top advisor on international trade, advised China-founded fast fashion giant Shein before joining the Trump administration, Wired reported. Greer worked on behalf of Shein while he was a partner at the law firm King & ... Read more âș
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Scores of scientists are using reasoning AI models to help them come up with hypotheses and experiments in fields like nuclear fusion, biology and pathogen detection. However, some researchers believe that startups with backgrounds in specific domains like biology or chemistry would be better equipped to build the AI models for those domains, rather than more general AI labs like OpenAI, Anthropic and Google.One of those startups is FutureHouse, a... Read more âș
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Bill Ready has transformed Pinterest from a struggling social media firm under activist investor pressure to a growing company. While he may have calmed investorsâ concerns, heâs still figuring out the right people to help him run the company. Ready, a former president of commerce and payments at Google, has overhauled his management team more than once since taking the helm in mid-2022, as he has refocused Pinterest on its... Read more âș
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Apple is planning major upgrades to its iPhones in the coming years such as an ultrathin phone this fall, a foldable phone in 2026 with an eight-inch screen when open and at least one model in 2027 with an edge-to-edge display, The Information reported. Itâs also planning to ... Read more âș
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President Donald Trump says heâs willing to further extend the deadline for TikTok to sell itself or be banned in America. Trump had already given TikTok, which is owned by China-based ByteDance, a 75-day extension in April. The president said he has âa little warm spotâ in his heart for the ... Read more âș
0
Warren Buffett plans to retire from Berkshire Hathaway at the end of the year and hopes his longtime heir apparent will take his place running the conglomerate, Buffett said in an unexpected announcement at Berkshireâs annual shareholder meeting on Saturday. Buffett will recommend to Berkshireâs ... Read more âș
1
After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically. Later this year itâs expected to introduce an ultrathin new device, followed by a foldable phone expected in 2026. Also next year, Apple plans to change its release strategy, launching pricier, more premium versions in the fall as usual, but pushing the release of the more affordable standard model to the following spring. Appleâs... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Arena: Why sports leagues learned to love creators and stop fighting themâą The Top 5: The startups hoping for a âMAHAâ boomâą Power and Influence: Techâs Trumpists have no regrets ⹠Plus, our Recommendations: A sinister snafu; when India changed the world; Amy Sherman-Palladino strikes backWhy canât we have nice things? Because they give us the willies, apparently. OpenAI has undone part of the... Read more âș
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On Thursday, Microsoft announced it had jacked up the prices on its game products, raising the price of its flagship Xbox console by $100âor 20%âto $600. It was an extraordinary move: Five-year-old consoles like the current generation of Xboxes almost always see price cuts, not increases. To anyone even dimly aware of economic news, it was fairly obvious Microsoftâs Xbox changes were a reaction to the Trump administrationâs tariffs on... Read more âș
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A few weeks ago, Robert F. Kennedy Jr., the U.S. Health and Human Services secretary, and Marty Makary, the new Food and Drug Administration commissioner, announced plans to ban eight commonly used petroleum-based dyes from food products in the U.S. Kennedy envisions far more changes ahead in his crusade to force American food companies to change, including removing items like soda and candy from SNAP benefits and revamping the approval... Read more âș
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Satya Nadella, take a bow! Microsoft finished the week as the most valuable company in the world, worth $3.235 trillion, above Apple, long the market leader, which closed Friday with a market capitalization of $3.07 trillion. Itâs no mystery why: Microsoft shares have outperformed all year, and this week they rallied strongly following the companyâs solid March-quarter profit report on Wednesday. Apple shares, in contrast, have traded much more weakly... Read more âș
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Anthropic is offering to buy back shares from hundreds of current and former employees, the first transaction of its kind for the four-year-old company. The buyback is a sign of how integral these have become in rewarding employees at fast-growing startups and retaining rare research talent in the artificial intelligence talent war. San Franciscoâbased Anthropic is allowing current and former employees who worked for the company for at least two... Read more âș
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Apple is working with Anthropic to incorporate the AI startupâs Claude Sonnet model into the next version of its Xcode programming tool, in a move to help its internal developers write and edit code faster and more efficiently, Bloomberg reported. This is the latest sign that large companies are ... Read more âș
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22.03.2026 19:22
Last update: 19:05 EDT.
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