DoorDash finalized a deal to buy British restaurant meal and grocery delivery firm Deliveroo for 2.9 billion pounds, or $3.8 billion at current exchange rates, deepening the delivery firm’s European presence. At the same time, DoorDash announced a $1.2 billion purchase of software firm ... Read more ›
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A U.S. lawmaker plans to introduce new legislation to track the location of artificial intelligence chips, particularly those from Nvidia, Reuters reported. The initiative aims to address concerns that Nvidia’s chips, essential for developing advanced AI systems, continue to reach China on a ... Read more ›
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Ride-hailing platform Uber and Chinese robotaxi company WeRide are expanding their partnership to 15 more cities in the next five years, according to Uber. The two companies started a robotaxi service earlier this year in Abu Dhabi and have plans to launch later this year in Dubai. Uber has made ... Read more ›
0
Elon Musk might have won the battle over OpenAI’s future, but who’s to say Sam Altman isn’t going to win the war? Today’s announcement by the ChatGPT creator that it was abandoning plans to move its for-profit arm out from under control of the nonprofit—conceding to Musk’s legal efforts to stop the restructuring—could end up cementing Altman’s power at OpenAI. After all, OpenAI will remain a company whose controlling shareholder... Read more ›
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After a yearslong slump in the initial public offering market, 2025 was poised to be the year exits made a comeback, with many big companies in tech and artificial intelligence—including Databricks, Chime, StubHub and Klarna—primed to hit the exchange and deliver a long-anticipated return on investment. All of that was before Trump’s on-again, off-again tariff whims ushered in a state of stasis, effectively putting IPOs on pause. At a recent... Read more ›
0
Palantir said Monday that first-quarter revenue rose 39% year over year to $884 million, fueled by strong demand from U.S. businesses and government agencies for its data-analytics software. U.S. commercial revenue grew 71% to $255 million, while U.S. government revenue grew 45% to $373 million. ... Read more ›
0
Databricks is in talks to acquire startup Neon, which rents access to a cloud database service that’s designed for AI agents and applications, for around $1 billion, the technology news site Upstarts reported. The talks are the latest sign of Databricks’ push to get customers to build AI ... Read more ›
2
OpenAI Chair Bret Taylor said Monday that the artificial intellingence firm will no longer move its for-profit arm, which develops ChatGPT, out from under the control of a nonprofit board. Taylor said OpenAI reversed course after conversations with the attorneys general of Delaware and ... Read more ›
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Trading platform eToro said Monday it’s launching the roadshow for its initial public offering, making it one of the first companies to move forward with their listing plans after tariff-induced market turmoil froze the IPO market last month. The Israel-based company and its shareholders ... Read more ›
0
The impact of the falling dollar is rumbling through tech companies’ earnings and threatens to reduce investments in the industry for both established players and startups. Since President Donald Trump’s tariffs announcements a month ago, the dollar has fallen to its lowest level since 2022. The move was so big that companies including Meta Platforms, Microsoft and others highlighted the impact—in both the first quarter and the rest of the... Read more ›
0
U.S. Trade Representative Jamieson Greer, President Donald Trump’s top advisor on international trade, advised China-founded fast fashion giant Shein before joining the Trump administration, Wired reported. Greer worked on behalf of Shein while he was a partner at the law firm King & ... Read more ›
0
Scores of scientists are using reasoning AI models to help them come up with hypotheses and experiments in fields like nuclear fusion, biology and pathogen detection. However, some researchers believe that startups with backgrounds in specific domains like biology or chemistry would be better equipped to build the AI models for those domains, rather than more general AI labs like OpenAI, Anthropic and Google.One of those startups is FutureHouse, a... Read more ›
0
Bill Ready has transformed Pinterest from a struggling social media firm under activist investor pressure to a growing company. While he may have calmed investors’ concerns, he’s still figuring out the right people to help him run the company. Ready, a former president of commerce and payments at Google, has overhauled his management team more than once since taking the helm in mid-2022, as he has refocused Pinterest on its... Read more ›
1
Apple is planning major upgrades to its iPhones in the coming years such as an ultrathin phone this fall, a foldable phone in 2026 with an eight-inch screen when open and at least one model in 2027 with an edge-to-edge display, The Information reported. It’s also planning to ... Read more ›
0
President Donald Trump says he’s willing to further extend the deadline for TikTok to sell itself or be banned in America. Trump had already given TikTok, which is owned by China-based ByteDance, a 75-day extension in April. The president said he has “a little warm spot” in his heart for the ... Read more ›
0
Warren Buffett plans to retire from Berkshire Hathaway at the end of the year and hopes his longtime heir apparent will take his place running the conglomerate, Buffett said in an unexpected announcement at Berkshire’s annual shareholder meeting on Saturday. Buffett will recommend to Berkshire’s ... Read more ›
1
After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically. Later this year it’s expected to introduce an ultrathin new device, followed by a foldable phone expected in 2026. Also next year, Apple plans to change its release strategy, launching pricier, more premium versions in the fall as usual, but pushing the release of the more affordable standard model to the following spring. Apple’s... Read more ›
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Welcome, Weekenders! In this newsletter:• The Arena: Why sports leagues learned to love creators and stop fighting them• The Top 5: The startups hoping for a “MAHA” boom• Power and Influence: Tech’s Trumpists have no regrets • Plus, our Recommendations: A sinister snafu; when India changed the world; Amy Sherman-Palladino strikes backWhy can’t we have nice things? Because they give us the willies, apparently. OpenAI has undone part of the... Read more ›
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On Thursday, Microsoft announced it had jacked up the prices on its game products, raising the price of its flagship Xbox console by $100—or 20%—to $600. It was an extraordinary move: Five-year-old consoles like the current generation of Xboxes almost always see price cuts, not increases. To anyone even dimly aware of economic news, it was fairly obvious Microsoft’s Xbox changes were a reaction to the Trump administration’s tariffs on... Read more ›
1
A few weeks ago, Robert F. Kennedy Jr., the U.S. Health and Human Services secretary, and Marty Makary, the new Food and Drug Administration commissioner, announced plans to ban eight commonly used petroleum-based dyes from food products in the U.S. Kennedy envisions far more changes ahead in his crusade to force American food companies to change, including removing items like soda and candy from SNAP benefits and revamping the approval... Read more ›
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18.05.2026 08:41
Last update: 08:35 EDT.
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