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
ChatGPT changed how people search for information online, sparking a battle among tech giants. Now Glean, a five-year-old startup led by a former Google search engineer, is attracting big rivals in a related market: search chatbots for businesses. These products, which are powered by the same technology that’s behind ChatGPT, help employees find information within their company to fix software bugs, improve sales pitches and analyze financial performance, among other... Read more ›
0
Disney has an optimistic outlook for its entertainment business next year. The company said its entertainment segment, which encompasses its film and TV studios, entertainment TV networks and Disney+ and Hulu, will generate a double-digit percentage growth in operating income compared to its ... Read more ›
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Disney grew overall revenue 6% to 22.6% in its fiscal fourth quarter ending in September, with its entertainment segments reporting a steep increase in profits, driven by a surge in its film studio and additional growth in streaming. Its traditional TV business, however, continued its steep ... Read more ›
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Chip designer AMD, the second-largest provider of graphics processing units for training and running AI software, is laying off around 1,000 employees as part of what it described as an effort to focus on its “largest growth opportunities,” according to a report from tech news site Wffctech. The ... Read more ›
0
All those techies and bankers hoping the new Trump administration will relax Joe Biden’s tough antitrust approach might want to think again. Donald Trump on Wednesday said he would nominate Florida Rep. Matt Gaetz as attorney general, putting forward someone who has appeared supportive of Federal Trade Commission Chair Lina Khan and has called for the breakup of big tech companies. The timing is propitious, coming the same day that... Read more ›
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Polymarket is being investigated by the U.S. Justice Department for allegedly letting U.S. users bet on the platform, Bloomberg reported. The prediction platform reached a settlement with the CFTC in 2022, which had argued it was running an unregistered, illegal derivatives market. Polymarket ... Read more ›
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Advertising technology company Viant acquired Iris, a firm that sells data about streaming services to both advertisers and publishers, Viant said on Tuesday. The deal is partly an effort by Viant to use artificial intelligence to automate ad buying. Viant sells technology that helps advertisers ... Read more ›
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The new Trump administration is shaping up to be quite friendly to TikTok and its hopes of survival in the U.S. The latest development: President-elect Donald Trump on Wednesday announced he wants to appoint Republican representative Matt Gaetz from Florida as his attorney general. Read more ›
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Amazon plans to end its Amazon Fresh grocery delivery service in Germany, the e-commerce company’s second largest market, a spokesperson confirmed Wednesday. It’s the latest example of Amazon pulling back on its own grocery delivery services and relying more heavily on partnerships with other ... Read more ›
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Meta Platforms plans to introduce advertisements to its microblogging app Threads early next year, The Information reported. Threads plans to launch the effort by allowing a small number of advertisers to create and publish ads on the app starting in January. Meta’s leaders in the past have said ... Read more ›
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The number of Americans who say they use Elon Musk’s X platform has dropped slightly in the past couple of years, while usage of Meta’s WhatsApp has grown, according to a survey released Wednesday by the Pew Center. The survey was conducted between February and June of this ... Read more ›
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President-elect Donald Trump on Wednesday said he will nominate Matt Gaetz as attorney general, putting forward a congressman who has previously called for the breakup of big tech companies, supports Federal Trade Commission Lina Khan and opposed passage of the law that could ban TikTok in ... Read more ›
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The Federal Trade Commission’s bid to break up Meta Platforms moved a step forward Wednesday after a judge in Washington ruled the case will go to trial. The FTC sued Meta in 2020, accusing the company of gaining an illegal monopoly over social media through its acquisitions of Instagram and ... Read more ›
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OpenAI is planning to release new artificial intelligence in January that can take actions on behalf of people, such as booking travel or writing code, according to a Bloomberg report. The Information first reported in February on OpenAI’s work on such software, known as computer-using agents. ... Read more ›
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OpenAI said Wednesday it had shared information with U.S. government officials about how to build a data center for artificial intelligence that is five times larger than any data center that’s currently being developed. The AI firm’s top policy executive, Chris Lehane, said at an event in ... Read more ›
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Google has recently struggled to achieve performance gains in its Gemini conversational artificial intelligence at the same rate it did last year, prompting researchers to focus on other ways to eke out gains, according to an employee who has been involved in the effort. The situation appears similar to the slowdown in AI advances that rival OpenAI has experienced this year, which spurred the ChatGPT owner to use new techniques... Read more ›
3
Greg Maffei, the veteran dealmaker atop John Malone’s Liberty empire of media and commerce companies, is stepping down as CEO of Liberty Media Corp at the end of the year. Malone, who is 83, will become interim CEO. Maffei, who has run Liberty since 2005, is leaving after a series of deals in ... Read more ›
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Meta Platforms plans to introduce advertisements to its text app, Threads, early next year, hoping to cash in on the app’s rapid growth, according to three people with direct knowledge of the company’s plans. A team inside Instagram’s advertising division is leading the effort, which is still in the early stages, the people said. Threads is planning to kick off the effort by letting a small number of advertisers create... Read more ›
3
Installment lender Klarna has filed confidentially for a U.S. initial public offering, the company announced Tuesday. The number of shares and the pricing for the potential offering have not been set, Klarna said. Klarna was valued as high as $46 billion in 2021, amid a surge in e-commerce and ... Read more ›
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Ex-Walmart executive Marc Lore’s food delivery company, Wonder, plans to acquire Grubhub in a deal valued at $650 million including debt, the companies said Wednesday. Wonder is paying $150 million in cash and will assume $500 million in Grubhub debt, and expects to complete the ... Read more ›
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Most popular sources
Business Insider
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22% 1 |
Eurogamer.net
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15% 11 |
The Verge
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10% 6 |
Wired
|
6% 2 |
Android Authority
|
5% 2 |
| View sources » | |
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13.11.2025 07:47
Last update: 07:40 EDT.
News rating updated: 14:42.
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