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 ›
81
Bank of America said it has doubled its artificial intelligence and machine learning-related patents in the last two years amid a move by large financial institutions to tout their technology bonafides. The bank on Wednesday said its portfolio of patents and pending applications now includes ... Read more ›
0
The Consumer Financial Protection Bureau has banned Goldman Sachs from launching new credit cards without approval and fined the bank $65 million for failing to properly handle customer disputes and making misleading claims related to its Apple card program. The CFPB also fined Apple $25 million ... Read more ›
0
Nvidia CEO Jensen Huang said that a design problem with its new Blackwell AI chip had been fixed, adding that the flaw was “100% Nvidia’s fault,” Reuters reported. He described reports that the issue had caused tensions between Nvidia and TSMC, the Taiwanese chip giant that ... Read more ›
0
Temu is making swift progress in winning over popular Amazon merchants to sell on its bargain site, thanks to a simple pitch: It’s much cheaper for merchants to sell on Temu than on Amazon. Temu has already added more than 60% of major China-based Amazon sellers of products like bedding sets and vacuum cleaners and is enlisting U.S.-based merchants as well, two people familiar with the company said. The big... Read more ›
0
In the tight race between well-funded developers of conversational AI, Anthropic has suddenly made some real gains.The startup on Tuesday announced new software that completes tasks for people, such as building a website or editing a spreadsheet. The feature, called “computer use,” means that Anthropic’s Claude model can actually view users’ screens and take actions for them like moving a cursor, clicking buttons and typing text.(Computer use works by taking... Read more ›
0
Apple has sharply scaled back production of its Vision Pro mixed reality headset since the early summer and could stop making the existing version of the device entirely by year end, according to multiple people directly involved in building components for the device. The move suggests that Apple has enough inventory built up to meet demand for the foreseeable future. It follows Apple’s decision earlier this year to focus on... Read more ›
57
Arm, whose chip technology powers most of the world’s mobile devices, is canceling a license that allows Qualcomm to design chips based on its intellectual property, Bloomberg reported. The move is an escalation of a dispute that the two companies have had since 2021 after Qualcomm purchased ... Read more ›
0
Bill Gates has said privately that he recently donated about $50 million to a nonprofit organization that supports Vice President Kamala Harris’s run for president, The New York Times reported. The news of Gates’s donation comes at a time when Harris and former President Donald Trump are ... Read more ›
0
MrBeast so wishes he had not entered that burger deal! That’s one of the takeaways from a series of angry and regretful messages sent by YouTuber Jimmy Donaldson to a business confidant months before he sued the restaurant operator. The exchanges, part of a deluge of new court filings and exhibits, show Donaldson and colleagues discussing a rapidly souring partnership with the company behind MrBeast Burgers. Some also provide previously... Read more ›
18
Memo to the Kamala Harris campaign: Have you checked out Temu? The presidential candidate faces a bunch of voters unhappy with how prices for consumer goods have skyrocketed under President Joe Biden. But she could push back on those complaints by pointing people to the website of Temu, the Chinese-owned bargain-basement shopping service that has taken off in the U.S. in the past two years. For instance, you could find... Read more ›
0
OpenAI’s ChatGPT has become a multibillion-dollar business in large part because programmers use it to write and check their code, fix bugs and translate code into different programming languages. Now, facing competition from rival artificial intelligence startup Anthropic, OpenAI is putting more effort into improving the tools it offers for software programming. Some products or features under development aim to make it easier to use OpenAI’s AI for coding tasks... Read more ›
0
Stripe’s announcement that it was buying cryptocurrency payments startup Bridge delivered a dose of optimism to venture capitalists this week. The deal is poised to become the largest-ever crypto acquisition and punctuated a particularly dreary market for mergers and public offerings.The purchase values the two-and-a-half-year-old company at $1.1 billion, or 90 times revenue, according to Yueqi’s reporting. It's a quick win for investors like Ribbit Capital and Haun Ventures, firms... Read more ›
0
Netflix has shut down one of its videogaming studios and laid off staff associated with it, a sign that at least part of its much-heralded effort to expand into gaming has run into problems. The blog Game File reported that Netflix had shut down a studio known as team Blue, laying off several ... Read more ›
0
Amazon is shutting down a service that offered same-day deliveries for bricks-and-mortar retailers like Office Depot and Petco, CNBC reported Tuesday. The service, called Amazon Today, used gig drivers, who would pick up orders from retail stores and deliver them to customers. The program, ... Read more ›
0
OpenAI has hired Aaron Chatterji, an ex-White House official and professor of business and public policy at Duke, as its first chief economist, the company said on Tuesday. Previously, Chatterji was the chief economist at the Commerce Department under President Joe Biden and a senior economist ... Read more ›
0
Model developer Anthropic announced on Tuesday new software that people can instruct to complete tasks on their computers for them, like building websites and editing spreadsheets. The new capability, coined “computer use,” is available in beta, the company said in a blog post. Anthropic also ... Read more ›
0
Shein’s march toward an initial public offering has gotten tangled in a web of regulatory scrutiny on three continents this year. Now, as its executives try to restart IPO talks, executives at the fast fashion retailer face another problem: having to explain a first-half slump in the business. The company’s revenue growth decelerated to 23% in the first half of this year, from 40% last year, two people with direct... Read more ›
30
Wayfair announced Tuesday it would launch a subscription membership with free shipping and other benefits as the e-commerce site looks to encourage repeat purchases and grow sales of home goods besides furniture. The subscription will cost $29 per year, and includes 5% in store credits on all ... Read more ›
0
Walmart plans to start offering same-day pharmacy deliveries in 49 U.S. states, the retail giant said Tuesday. The announcement comes shortly after Amazon announced an expansion of its own same-day pharmacy delivery service. Walmart is already offering same-day prescription deliveries in six ... Read more ›
0
Attention: AI startups. What’s the best way to sell your company without the prying eyes of antitrust regulators? Make yourself so small you won’t attract attention!We’re serious, kind of. We’re hearing that a lesser-known loophole to the rules determining when companies have to notify antitrust regulators about an acquisition is based on the size of a company’s net assets or sales. To sum it up, if it’s below $23.9 million,... Read more ›
0
Most popular sources
Business Insider
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18% 5 |
Tom's Hardware
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17% 12 |
The Verge
|
13% 5 |
Wired
|
7% 1 |
Android Authority
|
6% 0 |
| View sources » | |
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13.11.2025 22:33
Last update: 22:25 EDT.
News rating updated: 05:21.
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