Apple is experimenting with adding cameras and some AI features to the Apple Watch, a signal the company is accelerating its efforts to stay competitive in the shift toward artificial intelligence. The cameras would allow the watch to see the world around it and deliver information about the ... Read more ›
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OpenAI executives in recent months have spoken multiple times with their counterparts at Reliance Industries, which owns the world’s largest oil refinery, India’s top wireless carrier and numerous retailers, about a potential product and sales partnership, according to two people who spoke to executives at both companies. OpenAI wants Reliance businesses, such as wireless carrier Jio, to distribute or sell its artificial intelligence, which could include ChatGPT, these people said.... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside the Deel-Rippling spy drama• The Arena: Exclusive new database! Meet all the techies who own sports teams• The Top 5: The people who help Silicon Valley hone its taste in art • Politics and Policy: Why Section 230 may finally get changed • Biotech: The woolly mammoth gets ready for its close-up• Plus, our Recommendations: The emperor richer than Bezos; Robert... Read more ›
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A while back, Thomas Tull, billionaire Hollywood mogul turned venture capitalist, invited a group of friends to a rodeo in Dallas. One of those people was Ben Lamm, co-founder of Colossal Biosciences, a Texas-based startup backed by Tull that hopes to resurrect the woolly mammoth. Another was Mike Dougherty, a director who has made several movies with Tull, including one of the latest Godzilla pictures and the cult-favorite anthology tale... Read more ›
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Well-chosen art is the ultimate flex. The right Twombly or Basquiat on a wall telegraphs more than just taste: It implies access, wealth and an understanding of very expensive assets and how they appreciate over time. In other words, it’s exactly the type of thing to hang in a bedroom or the front hall of an Atherton manse. But should you go Twombly—or Basquiat? Decisions, decisions. And when it comes... Read more ›
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For the second Friday in a row, a long-anticipated IPO candidate made it official. Last week it was Klarna, and today it’s StubHub. And as I read StubHub’s prospectus today, I couldn’t help but think of a twist on an old idiom: Hell hath no fury like a founder scorned. The filing revealed that Eric Baker—StubHub’s founder, who was fired from the business two decades ago only to buy it... Read more ›
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ByteDance’s U.S. investors are considering participating in an Oracle-led deal to take control of TikTok and avert a ban of the app, according to reports in the Financial Times and Reuters. According to the reports, shareholders such as Coatue, KKR, General Atlantic and Susquehanna would ... Read more ›
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Coinbase is in advanced talks to acquire Deribit, the world’s largest crypto options exchange, Bloomberg reported on Friday, a deal that would significantly expand Coinbase’s derivatives business outside of the U.S. Coinbase, the biggest U.S. crypto exchange, launched an international ... Read more ›
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Last June, the Boston Celtics clinched their 18th NBA Championship, making them the most decorated pro basketball franchise of all time. On Thursday, Symphony Technology co-founder Bill Chisholm reached an agreement to buy the team at a valuation of $6.1 billion, giving the Celtics yet another title: the most expensive U.S. sports club ever sold. Once the transaction is approved, it’ll mark the latest American sports team sold to someone... Read more ›
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Yahoo has sold its tech publication TechCrunch to Regent, a media investment firm that owns other websites including PCWorld and Macworld. Financial terms of the deal were not disclosed. TechCrunch has had a number of owners over the years. Yahoo came to control the influential tech news outlet ... Read more ›
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On this week’s More or Less: Google’s $32B deal and a Silicon Valley spy scandal! Apple Spotify YouTube Read more ›
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In June 1995, two young congressmen reached across the aisle to introduce legislation that would become the defining legal protection of the internet era: Section 230 of the Communications Decency Act, which shields internet companies from liability for content created by users. Now, nearly 30 years later, another bipartisan duo hopes to drastically alter that law. With both parties aligned—and President Donald Trump seemingly interested too—they stand a better shot... Read more ›
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Perplexity, the AI-powered search platform led by CEO Aravind Srinivas, is in talks to raise $500 million to $1 billion at a $18 billion valuation including the new investment, reported Bloomberg. That would double its valuation from a December round and top the $15 billion price tag some ... Read more ›
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BuildOps, a seven-year-old startup developing software tools for commercial contractors, has raised roughly $120 million at a more than $1 billion valuation, including the investment, according to a person who spoke to company executives. Palo Alto, Calif.,-based venture firm Meritech Capital is ... Read more ›
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There are lots of reasons to be down on Apple nowadays. Its tentative steps into artificial intelligence have not gone well, leading to a high-profile executive shake-up today. Sales of its core product, the iPhone, are stagnant. The most recent attempt at a new product, the Vision Pro mixed reality headset, flopped. And as our Wayne Ma reported today, most of its subscription businesses—including Apple TV+, Apple Music and Fitness+—are... Read more ›
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Wiz’s $32 billion sale to Google is giving at least one venture capital megafund a case study for why it can pay to double and even triple down on top startups.Insight Partners, the VC and private equity giant that owns 8% of Wiz, wrote to limited partners Tuesday that the transaction turned a $213 million investment into $2.6 billion. Including sales of shares made last year, Insight estimates it returned... Read more ›
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Last fall, artificial intelligence star CoreWeave shared astounding financial projections with private investors. It projected that revenue would quadruple to $8 billion in 2025 and cash burn would shrink by more than one-third to $4 billion, according to confidential investor documents. Those expectations appear a lot more sober now, as the company prepares for its Wall Street debut. Read more ›
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When people want to buy a product promoted by an influencer on Instagram or YouTube, the process can be clunky, often involving a maze of affiliate links or switching between multiple apps. Now, Walmart is working to make social shopping smoother by having more checkouts happen inside social apps themselves, the company’s chief technology officer, Suresh Kumar, told me. That could potentially include deals to link shoppers’ Walmart accounts and... Read more ›
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Regulators ordered Tesla to recall virtually all Cybertrucks it has sold to repair faulty body strips that could fall off. In all, Tesla will recall 46,096 Cybertrucks, which went into commercial production in November 2023. The glue holding the long metal strips, called cant rails, above the ... Read more ›
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Apple has enlisted the help of Mike Rockwell, the leader of its Vision Pro product, to get the company’s struggling artificial intelligence efforts back on track, Bloomberg reported. Rockwell will take over the development of Siri, Apple’s longtime intelligent assistant, from John Giannandrea, ... Read more ›
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23.03.2026 14:15
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