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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Shortly after 2 a.m. on a Saturday in a midtown Manhattan sports bar packed with Aussies, Dr. Tom Oxley was feeling stunned. The underdog Brisbane Lions, his longtime favorite Australian rules football club, was up 73 to 27 against the Sydney Swans going into the second half of the championship match. “It’s a good start,” Oxley acknowledged, clad in his typical game-day fit, a maroon, blue and yellow Lions jersey.... Read more ›
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U.S. energy regulators on Friday rejected a proposal related to Amazon Web Services’ deal to buy nuclear power for several data centers for artificial intelligence in Pennsylvania, according to a public filing. In a split vote, the Federal Energy Regulatory Commission denied a request to ... Read more ›
6
Okta, an identity and access management software provider, has fixed a vulnerability that could have let anyone log in to customers’ networks without a password over the past three months, the company said in a post earlier this week. The flaw only applies to usernames with more than 52 ... Read more ›
0
CoreWeave, a cloud provider that rents access to Nvidia artificial intelligence chips, has told investors its revenue will rise dramatically in the coming years, thanks in large part to a new contract with Microsoft, The Information reported on Friday. CoreWeave projected revenue would quadruple ... Read more ›
0
You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years to buy more bitcoin, using equal parts debt and equity. The total raised would nearly double MicroStrategy’s size, given that... Read more ›
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UBS Asset Management said it’s launching its first investment fund, a money market fund, that trades on the Ethereum blockchain. The company is joining a growing group of asset managers including BlackRock and Franklin Templeton that offer investment funds on blockchain, with the aim of cutting ... Read more ›
2
This week on More or Less: Earnings from Meta, Alphabet and Microsoft explained. Plus, Bezos's big bind at the Washington Post. Enjoy! Apple Spotify YouTube Read more ›
0
Salesforce CEO Marc Benioff is in talks to sell Time to Antenna Group, a Greek media company, for roughly $150 million, CNBC reported Friday. Benioff and his wife, Lynne, bought the magazine from Meredith Corp. in 2018 for $190 million. Benioff didn’t respond to a request for comment. The talks ... Read more ›
0
CoreWeave, a fast-growing cloud startup that operates data centers for artificial intelligence developers, pitches itself to investors as a nimble rival to behemoths like Microsoft, Amazon and Alphabet. And yet the speed of CoreWeave’s rise has only been possible thanks to its relationship with one of the giants it says it’s trying to slay. Microsoft plans to spend about $10 billion between 2023 and the end of the decade using... Read more ›
0
In the final days of the U.S. presidential election, The Information Opinion has been soliciting pieces from supporters of former President Donald Trump and Vice President Kamala Harris. The first is below. Please email opinion@theinformation.com with any submissions. Many of you are throwing your support behind former President Donald Trump or choosing to simply sit out the election. I get it—innovation’s our thing, and the government is slower than a... Read more ›
0
MGX, a new artificial intelligence-focused investment firm backed by United Arab Emirates capital, has had talks to invest in Elon Musk’s xAI, representatives of the two firms have said privately. XAI, maker of the chatbot Grok, has been discussing raising $5 billion at a valuation of about $45 ... Read more ›
0
For weeks, Elon Musk has warned voters, as he campaigns for Donald Trump, about the dire consequences of a Kamala Harris administration—for America, civilization and him personally. “If he loses, I’m fucked,” Musk joked in an interview last month with Tucker Carlson, the former Fox News host. “How long do you think my prison sentence is going to be?” Likewise, Musk has said SpaceX—the rocket company he founded and leads—could... Read more ›
0
Chinese research institutions with ties to the People’s Liberation Army used Meta’s open-source Llama artificial intelligence model to develop an AI tool with potential military applications, Reuters reported. In an academic paper published in June, Chinese researchers including ... Read more ›
0
Nothing particularly frightening emerged from the two big tech goliaths that reported September quarterly results tonight, Apple and Amazon. But they offered nothing particularly cheery, either.For both companies, the updates had a mix of good and bad news. Apple, for instance, reported 6% top-line growth for the September quarter, its best quarterly growth number in two years. That was thanks to 5.5% growth in iPhones, twice the improvement of the... Read more ›
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After competing on “MasterChef” in 2019, Nick DiGiovanni started posting videos on YouTube, including an elaborate dessert he planned if he’d made it to the finale, and on TikTok where he started going viral for making mini gourmet meals for his pet hamster, Pesto.  Now 28, he turned that TV appearance and initial momentum on social media into a full-time career as a creator. While he makes most of his... Read more ›
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Amazon expects to boost capital expenditures in 2025, exceeding this year’s spending of roughly $75 billion, driven primarily by new infrastructure to support the company’s artificial intelligence and cloud business, executives said Thursday. The company reported a record $22.6 billion in ... Read more ›
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The Securities and Exchange Commission hit JPMorgan with a $151 million civil penalty for five separate actions related to failures in the bank’s securities and investment management subsidiaries. The SEC on Thursday said investors in some of JPMorgan’s private funds products were exposed to ... Read more ›
0
Tether, the world’s largest stablecoin issuer, reported third-quarter net profit of $2.5 billion, up 92% from the prior quarter. Tether, which currently has market circulation of $120 billion, primarily makes revenues from interest generated by reserve assets backing the stablecoin. Its ... Read more ›
0
Apple lifted revenue 6% to $94.9 billion in the September quarter, its strongest growth in two years. Operating profit rose 10% to $29.6 billion, while after-tax profit dipped sharply reflecting a big tax penalty levied against Apple in Europe. Apple stock fell slightly in after-hours ... Read more ›
0
Intel posted a third-quarter loss of $16.6 billion stemming largely from its ongoing restructuring efforts. The results included roughly $10 billion in charges related to a deferred tax asset and markdowns of manufacturing assets and its 2017 acquisition of autonomous vehicle technology ... Read more ›
0
Most popular sources
Business Insider
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20% 4 |
Tom's Hardware
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14% 8 |
The Verge
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12% 5 |
Wired
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10% 7 |
Android Authority
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7% 1 |
| View sources » | |
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13.11.2025 15:55
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