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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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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This week on More or Less: A feisty debate over Vision Pro and words of concern for all VCs. Plus, the latest in tech body hacking. Hope you enjoy! Spotify YouTube Apple Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Perplexity’s ‘newbie CEO’ hopes to dodge legal threats, Google competition• The Top 5: Best tools for introducing AI to kids• Plus: A dance with the dead; a delightful doomsday clock; and a data nerd fashionista.Six years ago, Patrick Soon-Shiong, a Los Angeles billionaire, spent a half-billion dollars on a valuable asset: the Los Angeles Times. Sure, he wasn’t buying The New York... Read more ›
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Children and teens are increasingly turning to artificial intelligence tools for homework help and entertainment, as well as to seek out new information: In fact, a recent survey of more than 1,000 young people (and their parents) by Common Sense Media found that seven in 10 teenagers have already used generative AI tools. The survey found that just over half of teens have used chatbots like ChatGPT or Google’s Gemini.... Read more ›
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Taiwan Semiconductor Manufacturing Co. earlier this month stopped making chips for a China-based chip design firm founded by a Chinese crypto mogul, said two people familiar with the situation. TSMC cut the company off around the time the U.S. Commerce Department began investigating whether the Taiwanese giant had supplied chips to Chinese tech giant Huawei Technologies. Huawei has been prohibited since 2020 from acquiring chips made with U.S. technology, including... Read more ›
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Agility, which makes humanoid robots for warehouses, is raising $150 million at about a $1 billion valuation in a funding round led by DCVC, Bloomberg reported. Agility was last valued at $550 million in 2022, according to PitchBook. The talks add to a string of fundraising discussions by ... Read more ›
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We’ve learned a lot lately about who CEOs like to telephone. We reported a couple of weeks ago that Microsoft CEO Satya Nadella likes to make two calls a day to CEOs of other companies, including startup chiefs, to ensure he stays up to date on the latest developments in tech. And Morgan Stanley’s former CEO and Disney chair-to-be Jim Gorman likes to call newly appointed CEOs across America to... Read more ›
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Amazon’s top grocery executive, Tony Hoggett, plans to leave the company after less than three years, Hoggett and the company said Friday. A member of Amazon’s top leadership team, Hoggett oversees Whole Foods Market, Amazon-branded grocery and convenience stores and the company’s grocery ... Read more ›
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Perplexity, the AI-powered search engine startup that is reportedly raising a new round at a valuation of at least $8 billion, was a hot acquisition target last year, The Information reported Friday. X, Notion, and OpenAI all approached Perplexity with acquisition offers of between ... Read more ›
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The Manhattan U.S. attorney’s office is investigating Tether, the issuer of the world’s biggest stablecoin, over possible violations of sanctions and anti-money-laundering rules, the Wall Street Journal reported Friday. The criminal investigation is probing whether criminals have used Tether’s ... Read more ›
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Microsoft’s board of directors reduced CEO Satya Nadella’s pay package by $5.2 million after the CEO requested the move as a way of taking responsibility for recent cybersecurity breaches, the company said in a proxy filing on Friday. The cut came out of Nadella’s cash incentive for hitting ... Read more ›
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Autonomous vehicle company Waymo, a subsidiary of Google parent Alphabet, announced on Friday that it had raised $5.6 billion in a funding round led by its parent company. Other investors including Andreessen Horowitz, Fidelity and Silver Lake also participated in the fundraising, according to ... Read more ›
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Aravind Srinivas didn’t set out to earn a reputation as one of the media’s biggest tech villains. It just kind of happened. Over the summer, Forbes and Wired angrily accused Srivinas’ AI search startup, Perplexity, of plagiarizing their paywalled content. In one case, Perplexity had lifted portions of a Forbes story and used it in a new product that summarizes news stories. In the other instance, a Wired reporter found... Read more ›
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Meta Platforms has reached a deal with Reuters to use its news content for Meta’s AI chatbot, a Meta spokesperson confirmed Friday. The deal, first reported by Axios, means that people in the U.S. who ask Meta’s AI chatbot questions about news and current events will receive responses that ... Read more ›
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At 6:30 a.m. on a crisp Napa morning, over 30 of America’s most powerful women broke into teams to extract a target balancing precariously inside a minefield. The target was an 80-pound punching bag; the mines were a mix of cones, mats, mace bars and superbands strewn throughout a field to create an obstacle course. The women—a mix of CEOs, founders, vice presidents, managing directors and other roles typical of... Read more ›
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A curious disconnect has fractured the world of tech investing. The market for initial public offerings has stayed stagnant for the third straight year, with bankers projecting a below-average number again next year. The stock market, meanwhile, is at all-time highs, led by big tech stocks like Nvidia, Meta Platforms and Apple. “You would think there would be more IPOs,” said Denny Fish, a San Francisco–based tech investor at asset... Read more ›
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Tesla CEO Elon Musk has secretly been in contact with Russian President Vladimir Pusk since 2022, reported The Wall Street Journal, which cited current and former U.S., Russian and European officials. The talks ranged from the personal to the political. In one instance, Putin asked Musk to ... Read more ›
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One of the developments I didn’t predict at the start of the year was the rise in support for Donald Trump among members of the tech elite—like Elon Musk. Musk aside, there’s no question that Silicon Valley elites are more politically divided than they have been for at least the last 20 years I have reported on them. The Valley’s most famous investing duo—Andreessen Horowitz—are throwing their weight behind opposing... Read more ›
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President Joe Biden on Thursday published the first national security memorandum on how government agencies should adopt artificial intelligence, as well as how they should police the private companies developing the technology. The memo encouraged agencies such as the Department of State, ... Read more ›
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New venture capitalists are climbing a wall of skepticism when they raise new funds, particularly as they compete with established firms like General Catalyst, which just raised $8 billion. Even veterans of some of the most successful startups are finding it tough.That was the case for Chris Koh, co-founder of Korean e-commerce giant Coupang. He set out to raise a debut venture fund for his firm, HRZ Han River, in... Read more ›
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Most popular sources
Business Insider
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20% 3 |
Tom's Hardware
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16% 11 |
The Verge
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12% 4 |
Wired
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7% 1 |
Android Authority
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6% 0 |
| View sources » | |
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13.11.2025 20:16
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