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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When Apple CEO Tim Cook visited China last week, he pledged to government officials that the company would continue to increase its investment in the country, where the vast majority of its products are made, according to the state-run Xinhua news agency. But Apple recently reached a new milestone in its manufacturing efforts in India, which could help it one day reduce its dependence on China. For the first time,... Read more ›
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The U.S. Treasury Department issued final rules that limit and screen U.S. investments in China in sensitive technology areas. The restrictions will take effect on Jan. 2. Under the new rules, certain U.S. investments in semiconductors, artificial intelligence and quantum computing in mainland ... Read more ›
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Get ready. We’re about to endure three days of earnings reports from five of the six biggest companies in tech—not including Nvidia, which doesn’t report earnings until Nov. 20. What makes these updates more interesting than usual is that investors appear to have wildly varying views of these companies right now, at least judging by their recent stock performances.Shares of Microsoft and Alphabet both peaked in early July and since... Read more ›
1
Instagram has been reducing the quality of videos on the app when they receive low numbers of views, for instance after a video has been available for a while, said Instagram Head Adam Mosseri in a question-and-answer session on his account. “In general, we want to show the highest-quality video ... Read more ›
0
AI search startup Perplexity has had a turbulent relationship with some news publishers, and now it has hired a tech industry veteran to help change that. Jessica Chan, a former manager at LinkedIn and Meta, joined Perplexity last month as the two-year-old startup’s first head of publisher ... Read more ›
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Elon Musk’s Memphis, Tenn., data center for xAI has drawn an enormous amount of attention—from people who believe his claims that he built the world’s largest AI cluster in just 19 days, an unbelievably short timeframe, and those who are skeptical he actually pulled it off. On Monday Musk got ... Read more ›
0
Some 75% of OpenAI’s revenue comes from consumers paying for its AI-powered chatbot and other products, a company spokesperson said on Monday. That means that the vast majority of the $4 billion the company was recently on track to generate this year will come from consumers, rather than ... Read more ›
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Billionaire Michael Bloomberg, the owner of Bloomberg LP and former New York City mayor, has made a $50 million gift to support Vice President Kamala Harris’ presidential campaign, according to The New York Times. Bloomberg hasn’t been nearly as active in the 2024 election as he had been in the ... Read more ›
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Meta Platforms is working on a search engine that crawls and indexes the web so its artificial intelligence assistant can provide information about current events and news, The Information reported. The work aims to lessen Meta’s reliance on Google Search and Microsoft’s Bing, which currently ... Read more ›
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Microsoft on Monday accused Google of running “shadow campaigns” to turn monopoly regulators and the public against the enterprise and cloud incumbent and distract them from Google’s own antitrust woes. While Google has publicly alleged Microsoft is stifling competition in the cloud computing ... Read more ›
0
Struggling Swedish battery manufacturer Northvolt failed to pay employees of its shuttered Cuberg subsidiary a scheduled final paycheck this month, or for their remaining paid time off, as required by California law, according to four former Cuberg employees. The missed payments came as Northvolt, once the darling of Europe’s clean tech industry, attempts to raise a $300 million rescue package amid slow sales and a canceled multi-billion order from one... Read more ›
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It hasn’t been this hard for first-time fund managers to raise capital in about a decade. But one group of newbie venture capitalists is having more luck: founders and other alumni of artificial intelligence startups. One example is Jeff Arnold, co-founder and chief operating officer of artificial intelligence accounting company Pilot and former head of operations at OpenAI for a brief period in its early days. He and Paul Jun,... Read more ›
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As Meta Platforms tries to keep up with OpenAI in developing artificial intelligence, the Facebook owner is working on a search engine that crawls the web to provide conversational answers about current events to people using its Meta AI chatbot. In doing so, Meta hopes to lower its reliance on Google Search and Microsoft’s Bing, which currently provide information about news, sports and stocks to people using Meta AI, according... Read more ›
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Anthropic, OpenAI and now Google are betting that the future of artificial intelligence involves technology that can take over a person’s computer and automate all manner of work involving applications and internet browsers. (See my colleague Erin’s Saturday scoop on Google’s efforts here.)If these computer-using agents eventually work and the AI just does what someone asks it to do, without needing to lift a finger, one potential outcome is that... Read more ›
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The RealReal announced Monday that John Koryl had left the company after less than two years as CEO and named Rahi Sati Levesque, a longtime executive at the luxury resale site, to the top role. Levesque, most recently the company’s president and chief operating officer, helped The RealReal’s ... Read more ›
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Anyone looking at Apple’s recent stock rally—which lifted its market capitalization to $3.6 trillion two weeks ago, a record for any public company—wouldn’t know that the company’s big new product, the Vision Pro mixed reality headset, had sold so badly that Apple is scaling back production. Or that it’s been slow to introduce artificial intelligence features to its products, with the first coming this week. Or that sales of Apple’s... Read more ›
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Google is developing artificial intelligence that takes over a person’s web browser to complete tasks such as gathering research, purchasing a product or booking a flight, The Information reported Saturday. The product, code-named Project Jarvis, is similar to one Anthropic announced this ... Read more ›
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The Federal Trade Commission on Friday said Lyft had agreed to pay $2.1 million to settle charges the ride-hailing company had made deceptive claims about the money its drivers would make on the app. The antitrust agency disclosed the settlement the same day the Department of Justice sued Lyft ... Read more ›
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Alibaba Group said it has agreed to pay $433.5 million to settle a U.S. class-action lawsuit that alleged the Chinese e-commerce giant made misstatements about its antitrust practices. The lawsuit, filed in March 2023 in the U.S. District Court, alleged that Alibaba violated federal securities ... Read more ›
0
Google is developing artificial intelligence that takes over a person’s web browser to complete tasks such as gathering research, purchasing a product or booking a flight, according to three people with direct knowledge of the product. The product, code-named Project Jarvis, is similar to one Anthropic announced this week, these people said. Google plans to preview the product, also known as a computer-using agent, as early as December alongside the... Read more ›
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Most popular sources
Business Insider
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21% 0 |
Tom's Hardware
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14% 9 |
The Verge
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12% 5 |
Android Authority
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8% 4 |
Mashable
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5% 2 |
| View sources » | |
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13.11.2025 18:02
Last update: 17:45 EDT.
News rating updated: 00:51.
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