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 ›
81
Sparkling water maker Spindrift is nearing a deal to be acquired by private equity firm Gryphon Investors, The Wall Street Journal reported Wednesday. If a deal is reached, it would be the latest in a string of acquisitions of young beverage brands by big consumer conglomerates and private ... Read more ›
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At a technology conference, Intel’s interim co-CEO David Zinsner said the company is searching for a new CEO with experience in both chip manufacturing and product design, and that it plans to continue with former CEO Pat Gelsinger’s strategy to compete on both fronts, Reuters reported. Zinsner’ ... Read more ›
0
Vox Media, the parent company of New York magazine and The Verge, has laid off some staffers and reorganized some of its lifestyle properties including Eater and Thrillist. It’s unclear the number of employees being let go. Vox’s travel publication Thrillist will now be under its food and ... Read more ›
0
OpenAI said on Thursday it is charging $200 per month for an upgraded version of ChatGPT that costs 10 times more than the current, premium version of the chatbot. The higher priced ChatGPT, called Pro, gives customers access to a better version of the company’s o1 “reasoning” artificial ... Read more ›
0
As artificial intelligence developers find it easier to catch up with OpenAI in reasoning than with traditional large language models—a topic Erin and I wrote about last week—they may be using a tried-and-true strategy.Researchers at OpenAI believe that some rival AI developers are training their reasoning models by using OpenAI’s o1 reasoning models to generate training data, according to a person who has spoken to the company’s researchers about it.... Read more ›
0
Etsy announced a leadership shakeup on Thursday, including the departure of two C-suite executives. The reshuffle comes as Etsy tries to reverse a two-year slump in growth. Raina Moskowitz, Etsy’s chief operating and marketing officer, is departing to become the CEO of The Knot ... Read more ›
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After a long slump, software stocks have gotten a lift from the market euphoria that has followed Donald Trump’s election. The exuberance has even spread to companies that sell video creation and distribution tools, such as Vimeo, despite the very real threat hanging over their business models: artificial intelligence–powered video tools. Shares of Vimeo have risen 40% over the past month, compared with the 22% uptick in the WisdomTree Cloud... Read more ›
0
Meta Platforms is changing how it designs and where it builds its mixed reality devices to stem deep financial losses and skirt a possible trade war between the U.S. and China. Meta is shifting part of the development and design of its mixed reality headsets to Chinese contract manufacturer Goertek, according to an employee at Goertek and two employees at Meta. The Facebook-owner is also working with Goertek to move... Read more ›
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Amazon, like other cloud providers, makes money from artificial intelligence primarily by renting out servers powered by Nvidia’s AI chips to software developers and businesses. But now, Amazon Web Services is trying to convince those customers to use servers powered by Amazon’s own AI chips instead, said Gadi Hutt, who leads business development at the company’s chip unit, Annapurna. Already, he said, technology firms including Apple, Databricks, Adobe and Anthropic... Read more ›
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No one is ever likely to again question the money companies spend on executive security. Wednesday’s shocking murder of UnitedHealthcare’s CEO, Brian Thompson, as he walked to a company investor conference in midtown Manhattan was a good reminder of why companies such as Meta Platforms, Snap, Coinbase and Tesla spend millions to protect their most senior people.Securities filings for UnitedHealthcare’s parent company make no mention of the company paying for... Read more ›
0
Jeff Bezos said Wednesday that he’s “very optimistic” about Donald Trump’s second presidential term, adding that he hopes to help cut government regulation. “I’m actually very optimistic this time around,” the Amazon and Blue Origin founder said of Trump’s second administration at the New York ... Read more ›
0
Google CEO Sundar Pichai said Wednesday that gains in conversational artificial intelligence capabilities would be harder to come by in the coming years, even as he touted the company’s improvements in high-priority areas such as reasoning. The comment appeared to confirm a November report from ... Read more ›
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Veeam, which sells software used by companies to back up their data and protect their data against cyber attacks, has arranged to sell $2 billion of existing shares at a $15 billion valuation. The share sale represents a win for Insight Partners, which bought Veeam for $5 billion in 2020. ... Read more ›
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Alex Cooper’s popular “Call Her Daddy” podcast was one of a handful to host Democratic presidential hopeful Kamala Harris in the run-up to November’s election. But she could have hosted both candidates. Donald Trump’s campaign reached out about appearing on the show, Cooper said on stage at the New York Times’ DealBook Summit on Wednesday. “We had a Zoom call with Trump’s team,” she said. “Although I didn’t want to... Read more ›
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Khloe Kardashian is preparing to launch a line of high-protein snacks and popcorn called Khloud with the backing of Michael Kives’ firm K5 Global, deepening the ties between the former talent agent turned investor and the famous family. The collaboration highlights two still-hot areas in an overall sluggish consumer market—companies that promise healthy alternatives to popular products, and brands touted by celebrities and creators with big social media audiences. Khloud... Read more ›
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President-Elect Donald Trump on Wednesday named Gail Slater to lead the Department of Justice’s antitrust enforcement, including its ongoing lawsuits against Google and Apple. Slater previously served as a lawyer at the Federal Trade Comission—which shares antitrust enforcement duties with the ... Read more ›
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OpenAI and defense technology startup Anduril said on Wednesday they would jointly develop artificial intelligence for U.S. anti-drone systems to improve their ability to detect and respond to aerial threats. Anduril said two weeks ago it won a U.S. military contract to develop such systems. The ... Read more ›
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President-elect Donald Trump has nominated Paul Atkins to be the U.S. Securities and Exchange Commission chair, replacing Gary Gensler, who plans to step down on Jan. 20. In a statement on Truth Social, Trump said Atkins “recognizes that digital assets and other innovations are crucial to Making ... Read more ›
0
Washington, D.C sued Amazon Wednesday for providing slower delivery times in two lower-income zip codes than in wealthier sections of the city, which the district’s attorney general said misled customers who paid for Prime subscriptions. In 2022, Amazon stopped using its own delivery network for ... Read more ›
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OpenAI’s popular chatbot, ChatGPT, has surpassed 300 million weekly active users, CEO Sam Altman said at the New York Times’ Dealbook Summit on Wednesday. The milestone comes a little more than three months after the chatbot reached 200 million weekly active users and a year after it reached 100 ... Read more ›
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Most popular sources
Business Insider
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26% 4 |
Eurogamer.net
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13% 8 |
The Verge
|
7% 4 |
Tom's Hardware
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7% 0 |
Gizmodo
|
6% 5 |
| View sources » | |
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12.11.2025 21:42
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News rating updated: 04:30.
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