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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Ex-Amazon consumer chief Dave Clarkâs supply chain software startup, Auger, is open to spending some of the $100 million it raised from Oak HC/FT to make acquisitions in the coming months, Clark said in an interview. Clark didnât name specific companies, but said there were supply chain startups ... Read more âș
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Amazon is testing a service in India that will offer deliveries of goods like groceries and household items in 15 minutes, the company said Tuesday. The move puts Amazon in competition with other rapid delivery services from companies like SoftBank-backed Swiggy, which went public last month and ... Read more âș
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OpenAI on Monday gave us a deeper look into the software suppliers it works with, specifically those that touch customer data at some point. The list, which includes everyone from Microsoft to Cloudflare to a few smaller and less well known firms, reveals a lot about the enterprise tech stack of one of the most sophisticated and well-funded Silicon Valley startups.Specifically, it identifies the suppliers OpenAI trusts for web security,... Read more âș
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To many in tech, Google is the big, bad tech giant that monopolizes search and dominates the web browser market. To others, though, particularly in the independent browser world, Google is like a generous parentâand those browsers donât want the antitrust verdict against it to change things. Many browsers rely on Google, either for its engineering investment in the open-source software underlying Chrome, which they also use, or on Googleâs... Read more âș
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Investors may need to rethink the valuation theyâre putting on Nvidia. Shares of the artificial intelligence chipmaker fell 2.5% on Monday after Chinese regulators revealed they had opened an investigation into whether Nvidia broke anti-monopoly laws there. Details of the probe are described here. Suffice it to say this could well be one of Chinaâs responses to the U.S. gradually tightening restrictions on sales of advanced chips to China (and... Read more âș
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Luigi Mangione, the suspect in the murder of UnitedHealthcare CEO Brian Thompson, previously worked as a data engineer at an online auto marketplace and graduated from the University of Pennsylvania with degrees in computer science, according to his LinkedIn profile. Police arrested Mangione on ... Read more âș
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Enterprise software giant Oracle increased revenue 9% in the December quarter, the high end of the guidance executives had outlined on its previous-quarter earnings call. Revenue from Oracleâs cloud computing unit, which includes the service that helps customers train and run AI models, rose 24% ... Read more âș
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A Nevada commissioner ruled against Rupert Murdochâs efforts to change his familyâs trust to give his oldest son, Lachlan, control over his media empire after his death, according to The New York Times. The commissionerâs recommendation will now go to the Probate Court in the state, where a ... Read more âș
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Google on Monday unveiled a new quantum computing chip that it says can overcome a common challenge hindering the technology. Google said a recent breakthrough, which it published in the journal Nature, involved making quantum bits, or qubits, less prone to errors. When more of them are added to ... Read more âș
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OpenAI is making its video-generating AI model, Sora, available to people in the U.S. and some other countries on Monday, nine months after the software was first teased. ChatGPT Plus users will be able to generate 50 videos per month, while ChatGPT Pro users will be able to generate up to 500 ... Read more âș
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Comcast and Warner Bros. Discovery have announced a new multi-year TV and streaming distribution deal which includes the ability for Comcast-owned cable TV operator Sky to bundle an ad-supported version of the Max streaming service when it finally launches in the U.K. in early 2026. Sky had ... Read more âș
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TikTok on Monday asked a federal court for a temporary injunction to prevent the app from being banned in the U.S. early next year as it appeals the case to the Supreme Court. On Friday, the U.S. Court of Appeals for the D.C. Circuit unanimously upheld a U.S. law forcing a ban of TikTok on ... Read more âș
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Big news! Iâm hearing that an updated version of OpenAIâs video generation model, Sora, is coming this week. This is likely the culmination of the work the company has been doing to train a new version of the model that can quickly generate clips that are higher in quality and longer than the ones it demonstrated earlier this year, as we reported in September. Thatâs bad news for video AI... Read more âș
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Omnicom is acquiring Interpublic Group for stock currently valued at around $12.4 billion, the companies announced today. The deal, the most significant merger in the ad agency sector in more than a decade, suggests the ad industry feels the need for greater scale so it can better compete with ... Read more âș
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Microsoft has a new pitch to persuade businesses to spend money on artificial intelligenceâpowered services: If you use them, you wonât need as many employees. The potential of AI to replace human workers is an old idea, but one most companies have avoided bringing up explicitly, for fear of suffering reputational harm and political attacks. But as tech companies try to overcome customer uncertainty about the value of AI, theyâre... Read more âș
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A key group of Amazon sellers is becoming a lot less loyal to the shopping giant. China-based merchants such as kitchenware seller Carote have added sales through longtime Amazon rivals like Walmart, with Caroteâs share of revenue coming through Walmart up to 18% in 2023 from less than 2% a year before. Apparel company Zibuyu Group, meanwhile, is relying more on new sites like TikTok Shop to drive U.S. sales... Read more âș
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Chinese regulators said on Monday that it had opened an investigation into Nvidia for potential violations of anti-monopoly laws concerning an acquisition completed more than four years ago. The State Administration for Market Regulation, which oversees antitrust and other issues, alleged ... Read more âș
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Amazon is making its artificial intelligence-assisted selling tool available to select Chinese merchants, among other efforts aimed at better supporting sellers in the country. Project Amelia, a generative AI tool that helps independent sellers manage things such as their inventory and product ... Read more âș
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President-elect Donald Trumpâs transition team has invited five major tech companies, including Google, Microsoft and Meta Platforms, to a meeting in mid-December about dealing with online drug sales, according to a person with direct knowledge of the correspondence. A representative for Jim Carrollâthe drug czar during Trumpâs first termâand Trumpâs transition team emailed staffers from the three tech giants Thursday, as well as from Snap and TikTok, to invite them... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: A dawn of another crypto revolution ⹠Power and Influence: Trumpâs antitrust cop is a âhappy warriorâ ⹠The Top 5: Our favorite new corporate merch and gifts. ⹠Plus: Robots who rhapsodize; what Taylor Swift and Legos have in common; and Il Papa and the plotters.What if the AI revolution weâre living through brings far greater positive changes to our lives... Read more âș
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12.11.2025 19:40
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