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 ›
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Shopify’s revenue grew 26% in the third quarter from a year earlier to $2.16 billion and its free cash flow margin rose to 19%, topping its previous forecast for the quarter by roughly three percentage points. The e-commerce giant has been highlighting improvements in its margins ever since it ... Read more ›
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A month ago, we reported that former OpenAI chief technology officer Mira Murati had begun to pitch current OpenAI staffers on joining her new venture. It seems like at least one OpenAI researcher has taken her up on her offer.Mianna Chen, a research program manager for the team at OpenAI responsible for preparing AI models for release, has recently left and plans to join Murati at her new company, according... Read more ›
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Netflix said its ad-supported subscription tier is seeing momentum, announcing that it has now reached 70 million monthly active users globally. That is up from 40 million monthly active users in May. More than 50% of new Netflix sign-ups are now also for the ad tier in the countries that plan ... Read more ›
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Count defense tech bulls among the investor groups buoyed by last week’s election of Donald Trump as president. Some investors and executives are hopeful enough in what the Trump administration will do that they’re downplaying talk of a financial bubble forming among defense and aerospace startups. One bellwether may be Saronic Technologies, a startup that is trying to sell a fleet of autonomous military boats to the U.S. Navy. It... Read more ›
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SoftBank Group swung to a net profit in the quarter through September, driven by investment gains in the company’s Vision Fund business. SoftBank reported a net profit of 1.18 trillion yen ($7.66 billion) in the quarter, compared with a loss of 931 billion yen a year earlier. The Vision ... Read more ›
3
IAC is considering spinning off its 85% stake in Angi, the home services website formerly known as Angie’s List, according to a letter that IAC CEO Joey Levin sent to shareholders on Monday. The stock price of IAC rose 1.4% in after-hours trading to $55.89, while Angi’s stock fell 5.7% to $2.47. ... Read more ›
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Apple is working on a home surveillance camera that could be released as early as 2026, according to a prominent Apple supply chain analyst. The camera is part of the company’s efforts to expand its smart home business with new products that integrate seamlessly with the iPhone, Siri and ... Read more ›
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This is telling: Tesla’s closing price today of $350 was the first time it has closed at that level since the first week of April 2022, when Elon Musk first revealed he was building a position in Twitter (now X). A two-and-a-half-year slump in Tesla’s stock price is over; it was sparked by his excursion into making over the social media app in his image and prolonged by worries over... Read more ›
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The topic of artificial intelligence in the workplace touched a nerve with The Information’s readers. Some described AI as significant for the future of our species or as a new industrial revolution, while others said it’s just an app and not a new way to work. Often they couched their commentary in social terms, reflecting the broad impact of AI outside the company walls. That impact cannot be overstated, considering... Read more ›
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Shailesh Prakash, a Google executive who helped manage the search giant’s relationship with news publishers, is departing, the Wall Street Journal reported. Prakash’s role had included managing Google News and also communicating with publishers about Google’s increasing emphasis on AI in ... Read more ›
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The crypto market continued its broad rally on Monday, boosted by the prospect of a friendlier regulatory environment under the upcoming Donald Trump administration. Bitcoin reached another all-time high, surpassing $88,000 Monday. Ethereum jumped 4.5% to $3,330. The valuation of the total ... Read more ›
0
Forerunner Ventures announced a new $500 million fund on Monday focused on making early-stage investments in consumer startups. Commerce, health and wellness, consumer finance and more will be transformed by artificial intelligence, Forerunner founder Kristen Green said in the announcement, and ... Read more ›
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More than a year before Donald Trump’s landslide victory in last week’s presidential election, TikTok’s top leaders insisted on a major shift in the app’s content moderation principles to make the platform more appealing for Trump and his supporters. In a series of internal meetings, U.S. public policy chief Michael Beckerman, backed up by CEO Shou Zi Chew, argued that the content moderation policies TikTok then had in force had... Read more ›
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Amazon is developing smart glasses for delivery workers, Reuters reported Monday. The glasses would include an embedded screen that would give workers navigation instructions while they’re driving and when they arrive at customers’ homes, according to the report. That could enable workers to ... Read more ›
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On Halloween, a Reddit user asked OpenAI CEO Sam Altman whether “GPT-5” was coming, as well as the full version of the company’s o1 reasoning model—a preview version of which went on sale seven weeks ago. In other words, when would the public see the company’s next flagship large language model? Altman answered, “we are prioritizing shipping o1 and its successors,” and added that limited computing resources meant that it... Read more ›
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How tough is it out there for investors that made big consumer bets in recent years? Just take a look at private equity giant Blackstone. Blackstone’s $4.5 billion debut growth equity fund is sitting on steep paper losses in oat milk brand Oatly, whose shares dropped soon after its 2021 initial public offering. The fund’s bet on skincare brand Supergoop has barely gained anything on paper, and it recently marked... Read more ›
1
The number of people using ChatGPT and other artificial intelligence products is soaring. The rate of improvement for the basic building blocks underpinning them appears to be slowing down, though. The situation has prompted OpenAI, which makes ChatGPT, to cook up new techniques for boosting those building blocks, known as large language models, to make up for the slowdown. Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Tech has bought itself a more moderate San Francisco• Power and Influence: San Francisco's new mayor vows ‘city is open for business’• Media: How tech’s conservative shift went unnoticed for so long • Plus: How Stevie Wonder still wows; a fertile drama in Leningrad; and the witch is back.Most of the major AI companies choose to play it safe on Election Night.... Read more ›
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The moderate political wave that crested over San Francisco this election is the culmination of several years of anger, frustration and tech-funded organizing. It was propelled by millions of dollars in campaign money, hundreds of thousands of fed-up voters, several upstart political organizations, two recall elections and one sad San Francisco teenager. Let’s start with the kid. Almost a year into the pandemic, Shriyans Sivaraj was refusing to get out... Read more ›
0
That didn’t take long. Within a day of Donald Trump’s election as president, TV executives were signaling optimism that the new administration would make life easier for them by allowing the industry to consolidate. Warner Bros. Discovery CEO David Zaslav made the most articulate case on Thursday, presenting mergers as a way of helping out poor consumers who can’t figure out how to navigate the crowded world of streaming apps.“Consumers... Read more ›
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Most popular sources
Business Insider
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20% 5 |
Eurogamer.net
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16% 13 |
The Verge
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9% 6 |
Wired
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6% 2 |
Gizmodo
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5% 7 |
| View sources » | |
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13.11.2025 09:46
Last update: 09:45 EDT.
News rating updated: 16:42.
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