Microsoft will shut down its Skype videoconferencing app in March, the company said on Friday, as Microsoft focuses its efforts on its Teams meeting app. Microsoft will shift Skype staff to instead work on Teams and users with existing Skype accounts will be able to move their accounts to Teams ... Read more ›
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This week on More or Less: On the ground at the Upfront Summit, Instagram’s new idea, and what’s coming for consumer. Apple Spotify YouTube Read more ›
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Amazon is going global with its counterattack on bargain sellers Temu and Shein. The e-commerce giant is planning on expanding Haul, the ultracheap Temu look-alike it launched in the U.S. in November, to countries in Europe starting this year, according to a seller consultant who spoke with Amazon representatives. At the same time, a recent Amazon job posting described efforts to launch in Mexico as part of a broader global... Read more ›
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Tesla applied for a permit with a California regulator that would allow the electric car maker to operate a ride-hailing service, Bloomberg reported. The application for the transportation charter-party permit, filed to the California Public Utilities Commission late last year, indicates Tesla ... Read more ›
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A growing number of artificial intelligence assistants will make workers more productive in specialized fields such as law, medicine and entertainment. It could also replace some jobs altogether, said speakers at The Information’s AI Agenda Live conference Thursday. “We have tech companies very actively thinking about how I can reduce my IT staff, HR support staff, customer service teams,” said Arvind Jain, co-founder and CEO of Glean, a startup that... Read more ›
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There are two basic ways for startup founders to respond when much larger competitors encroach on their realm. They can soldier on with heads down and voices low, in silent determination. Or they can do as the founders of Runway did when the likes of Google and OpenAI entered the AI video field Runway helped pioneer: They can respond with swagger, hoping to leave observers wondering who the true underdog... Read more ›
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If you’re watching the latest season of the HBO drama “The White Lotus,” you’ll know that the aging cable channel (represented on streaming through Max) can still capture the zeitgeist. That’s not so true of HBO’s owner, Warner Bros. Discovery, whose fourth-quarter results on Thursday—showing revenue fell 2% for the quarter and 5% for the year—demonstrated the sorry state of the traditional TV business that makes up much of WBD.... Read more ›
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Early OpenAI investor Vinod Khosla warned that most investments in artificial intelligence will lose money, particularly as more investors jump into the market, funding more startups. But he said some companies would grow to be worth hundreds of billions—and eventually trillions—of dollars and make up for the failures. “More money will be made than lost because a few outliers will give disproportionate returns,” said Khosla, founder of Khosla Ventures, at... Read more ›
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Google cofounder Sergey Brin urged employees working on the company’s AI models and apps to return to the office “at least every weekday” and to work 60 hour weeks in order to win the race to artificial general intelligence, The New York Times reported on Thursday. The message does not replace ... Read more ›
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Airbnb cofounder Joe Gebbia has joined Elon Musk’s Department of Government Efficiency to work on “improving the slow and paper-based retirement process” for federal employees, Gebbia announced on X Thursday. Gebbia, who is on Tesla’s board of directors and reportedly has a close ... Read more ›
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Meta Platforms is planning to launch a standalone app for its Meta AI chatbot in a bid to compete with OpenAI’s ChatGPT, CNBC reported, and also plans to test a paid subscription version. Launching a separate app would put Meta on a level playing field with its rivals in artificial intelligence. ... Read more ›
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Instagram has been firing on all cylinders to take advantage of the uncertainty around TikTok in the U.S. The latest: the Meta Platforms-owned app is now considering whether to spin out Reels into a separate app, as we were first to report on Wednesday. A separate app for Reels could make a lot of sense. Instagram has had an identity crisis in recent years as it has tried to balance... Read more ›
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You could sum up the vibe at this year’s Upfront Summit, the Los Angeles gathering of venture capitalists and the limited partners who back them, as: always be raising. Followed closely by, beware a correction in artificial intelligence startups. Mark Suster, a partner at Upfront Ventures, kicked off the event by shouting out fund managers who were in the market for new money, such as early-stage investor Crosscut Ventures. Chelsea... Read more ›
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The CEO of one of the biggest advertising companies, WPP, said that clients have returned to Elon Musk’s X in the past few months, the Financial Times reported today. WPP CEO Mark Read told the news outlet that X has seen more advertising since the election, though did not comment on why ... Read more ›
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Apollo Global Management is in talks to lead a $35 billion debt financing by Meta Platforms to build data centers in the U.S., according to a Bloomberg report. The move comes as Meta discusses building a large data center campus, which could total $200 billion given the size of the project and ... Read more ›
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Enterprise software companies that raised money at lofty valuations during the pandemic startup boom are facing many obstacles as they look to jump-start growth. One is the threat from generative artificial intelligence.In our Enterprise Software Startup Takeover List, we’ve identified 92 promising candidates for acquisitions in the coming year. The challenge for many of those companies—all of which were founded in the pre-ChatGPT era—will be articulating to any potential buyer... Read more ›
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Payments processing firm Stripe said it had struck a deal with investors to finance a tender offer for current and former employees to sell shares at a valuation of $91.5 billion valuation, only a little way from its peak valuation of $95 billion reached in 2021. Stripe’s valuation had fallen to ... Read more ›
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The Federal Reserve’s outgoing banking regulator Michael Barr defended its approach in supervising banks’ activities in crypto, amid growing calls from the crypto and banking industries for an overhaul of regulatory guidance on crypto. Barr said banks provide material and important services to ... Read more ›
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Microsoft called on the Trump administration to roll back Biden-era rules that restricted the export of cutting-edge chips used to train and run AI models, company president Brad Smith said in a blog post on Thursday. The rules, which restrict the shipment of graphics processing units made by ... Read more ›
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The Federal Aviation Administration is considering terminating a $2.4 billion contract with Verizon—to upgrade the agency’s communications platform for air traffic control—and awarding the work instead to Elon Musk’s Starlink, according to the Washington Post. Granting the contract to Musk’s ... Read more ›
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24.03.2026 00:35
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