Honeycomb, a San Francisco-based startup that helps engineers identify and resolve bugs, has acquired Grit, a coding startup that helps companies maintain their software and codebase, Honeycomb CEO Christine Yen confirmed. Grit raised a $7 million seed round in 2023 from firms such as Founders ... Read more ›
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ByteDance’s revenue from international operations, which are primarily TikTok, rose 63% to $39 billion in 2024, said a person with knowledge of the company’s financials. The international revenue accounted for a quarter of ByteDance’s total last year, the highest it has ever been, as growth in the company’s Chinese operations slowed. The results highlight how much the Chinese tech giant has riding on the future of TikTok’s U.S. operations, which... Read more ›
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Amazon CEO Andy Jassy earned $40.1 million last year, according to Amazon’s proxy statement published on Thursday. That figure includes stock that vested during the year, as well as salary, and was a 37% increase from the $29.2 million Jassy earned in 2023. Even though Jassy had 6% fewer shares ... Read more ›
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Donald Trump signed an order Wednesday that targets Christopher Krebs, a critic of the president and the former head of the Cybersecurity and Infrastructure Security Agency during the first Trump administration. The order is the latest in a string of attacks the president has mounted on people, ... Read more ›
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I don’t envy AI investors right now. The price of AI startup shares (unlike the value of my stock portfolio) seem to be only going up, which means it’s riskier to make new bets. And the way startups are disclosing financial metrics to investors seems to be getting more muddied. Take annual recurring revenue, which typically multiplies the past month’s subscription revenue by 12. It’s a crucial metric for investors... Read more ›
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Last June, at Apple’s annual developers conference, the company offered a dazzling demonstration of how artificial intelligence could supercharge Siri, the iPhone’s virtual assistant. But behind the scenes and in the months that followed, the Siri team couldn’t make up its mind about the basic technology needed to make it all work. One option they considered was to build small and large language models, which they dubbed Mini Mouse and... Read more ›
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OpenAI countersued Elon Musk, saying Musk has harmed the ChatGPT maker by using Musk’s X network to conduct “malicious campaigns,” unfairly disrupted its business and issued a “sham bid” to acquire OpenAI. As a result, OpenAI’s lawyers in a Wednesday filing said it is entitled to restitution and ... Read more ›
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Shoutout to Thomas Kurian, chief of Google Cloud, who delivered a roughly 90-minute-long keynote address at the cloud unit’s developer conference in Las Vegas today. Even as chaos reigned in the markets and talk of a looming recession circulated, Kurian stood onstage wearing a suit, calmly talking up Google Cloud’s new artificial intelligence services, with a presentation supplemented by some snazzy videos and cameo appearances by his boss, Sundar Pichai,... Read more ›
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Skincare and cosmetics startup Glossier is in talks to raise a new round of funding that could cut the company’s valuation nearly in half, Puck reported Wednesday. The company is aiming to raise $100 million and a potential deal could value the company at less than $1 billion, a sharp decline ... Read more ›
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China on Wednesday said that any deal for TikTok to remain operating in the U.S. will have to comply with Chinese law, reiterating what TikTok’s Chinese parent company ByteDance said last week. When asked about Trump’s second 75-day deadline extension, China said it “opposes practices that ... Read more ›
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A nonprofit is trying to bring more legal rigor to the creator economy. Creators Guild of America is releasing a legal document for creators that outlines basic protections for their deals with brands, social platforms and agencies. It aims to provide a standard for the industry, covering topics including timely payments and how a creator's content can be reused or repurposed, including by artificial intelligence systems. Read more ›
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President Donald Trump suspended for 90 days plans to impose higher tariffs on 75 countries around the world, while simultaneously raising tariffs charged on Chinese imports to 125%, sending the stock market roaring on Wednesday afternoon. The Nasdaq Composite Index rocketed 12%, recovering much ... Read more ›
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Nuro, which sells autonomous driving software and sensors, said it has raised $106 million in a Series E round that values the 9-year-old company at $6 billion, 30% lower than its last round in 2021. The investment brings its total funding to $2.2 billion. The latest round’s investors include T. ... Read more ›
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Although many businesses are still experimenting with LLMs, some enterprise leaders are already eyeing the next evolution of AI: autonomous agents that act on their own rather than merely generating outputs on command. But which early use cases are the most promising? What benchmarks can organizations use to measure the success (or failure) of their new digital workers? And how can leaders overcome the skepticism of employees who are worried... Read more ›
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Amazon is scheduled to launch the first non-prototype satellites for its Project Kuiper internet service into orbit on Wednesday night. The launch, which will bring 27 Kuiper satellites into orbit, is scheduled to take place after 7 p.m. EST on Wednesday in Cape Canaveral, Fla., according to ... Read more ›
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Treasury Secretary Scott Bessent said delisting Chinese stocks from U.S. exchanges would be a possibility. “Everything is on the table,” he said in an interview with Fox Business News’ Maria Bartiromo Wednesday morning about the Trump Administration’s moves to impose steep tariffs on Chinese ... Read more ›
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Microsoft is weighing whether to lay off middle managers and nontechnical staff in the coming months, Business Insider reported on Wednesday. Microsoft’s cybersecurity unit, led by Charlie Bell, could be a target of layoffs, according to the report. The ruminations come as the broader tech world ... Read more ›
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Amazon has cancelled some wholesale orders for products manufactured in China and other Asian countries, Bloomberg reported on Wednesday. One order that Amazon cancelled last week was for $500,000 worth of beach chairs manufactured in China, according to Bloomberg. Amazon also reportedly ... Read more ›
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President Donald Trump has decided to pause new restrictions on artificial intelligence chips Nvidia sells in China following a dinner that CEO Jensen Huang attended with Trump in Mar-a-Lago last week, NPR reported. Trump changed course after Huang promised new investments in AI data centers in ... Read more ›
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Google Cloud executives announced a flurry of new and coming-soon AI products at its annual Cloud Next conference in Vegas on Wednesday, as the company attempts to use its proprietary AI models to compete with larger cloud rivals Amazon and Microsoft. Google announced new tools for building and ... Read more ›
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23.03.2026 07:29
Last update: 07:20 EDT.
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