Walt Disney Co. named former Morgan Stanley CEO Jim Gorman as its new chairman, effective Jan. 2, succeeding Nike chairman Mark Parker. Disney also said it expected to announce a new CEO, succeeding Bob Iger, in early 2026. Gorman’s appointment demonstrates his growing influence at ... Read more ›
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A rare piece of OpenAI personnel news: a leader coming back to the company rather than leaving.Senior leaders expect Greg Brockman, co-founder and president, to return to OpenAI in the next month or so, following a sabbatical that started in August. While Brockman had said he would return at the end of the year, his decision to take a break had sparked speculation that he might not return. And as... Read more ›
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For more than two decades, Wells Fargo was a juggernaut in a behind-the-scenes business that supported some of the biggest payments companies in the world. The bank’s abrupt exit from that market this year has left a major hole. Block’s Square, for instance, is still hunting for a replacement for Wells Fargo to work on credit card transactions, according to people familiar with the relationship. Square also works with JPMorgan... Read more ›
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Perplexity, an AI search startup, is discussing fundraising that would more than double its valuation to $8 billion, the latest indication that investor enthusiasm for AI is far from waning. Perplexity has been on a hot streak this year: It has already raised two other funding rounds in 2024— ... Read more ›
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A hit Netflix show has prompted the Los Angeles district attorney to review evidence in the decades-old case against the Menendez brothers that ended with the pair sentenced to life in prison without parole in 1996 for murdering their parents. The Ryan Murphy series, “Monsters: The Lyle and Erik ... Read more ›
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Elon Musk has vowed to dole out $1 million each day to registered voters in swing states who sign an internet petition that ostensibly supports free speech and gun rights—part of his efforts to support Donald Trump’s reelection bid. Musk announced the bounty on Saturday in Pennsylvania and paid ... Read more ›
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Less than three weeks before election day, Vice President Kamala Harris maintains a commanding lead over former President Donald Trump among The Information readers, according to our most recent survey. Roughly three-fourths of 1,248 respondents to the survey on Wednesday and Thursday said they plan to vote for Harris in the coming presidential election. That’s nearly identical to the share of readers who said they planned to vote for Harris... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The Pro-Kamala tech lab hoping to outfox Elon Musk• The Top 5: Our favorite new tech and business podcasts of 2024. Plus, the unshakeable Harry Stebbings, host of “20VC.” Plus: A spooky “Lost” that hasn’t lost itself; globetrottin’ teas; and what chocolate says about culture and capitalism.Quick, a test: How much does toothpaste cost?Well, that’s a bit of a trick question, actually,... Read more ›
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For years, Harry Stebbings, the hit British podcaster and venture capitalist, fired off emails to Marc Benioff—no fewer than 53 of them—hoping to cajole the billionaire into appearing on his show, “20VC.” “I emailed him every week with no response, and then he finally did reply,” said Stebbings, 28. Finally, Benioff appeared on an episode of “20VC” last September, discussing San Francisco, Salesforce and raising wealthy children. “And now we’re... Read more ›
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In John Mackey’s new memoir, the Whole Foods founder and former CEO recalls how in mid-2022, shortly before he left the grocery chain, he took MDMA and psilocybin during a spiritual retreat. While under the influence, Mackey agonized over the ways he had been “disrespected and disempowered” after selling Whole Foods to Amazon five years earlier, he writes, and he fretted about the acquirer’s culture creeping into his natural grocery... Read more ›
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This week, we shared some of the things we're loving about tech right now—although we weren't without our disagreements. Plus, the latest with Elon Musk and the Lessin's new home tech problem. Apple Spotify YouTube Read more ›
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The judge hearing Epic Games’ antitrust lawsuit against Google has temporarily suspended his order that Google make a range of changes to its app store, Google Play, giving Google more time to seek an injunction to suspend the ruling while its appeals. The ruling was to go into effect on ... Read more ›
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Netflix stock hit an all-time high of $765 on Friday, up 11%, as investors applauded the company’s third quarter earnings released Thursday evening. At Friday’s price, Netflix has a market capitalization of $328 billion, about what Walt Disney and Comcast are worth between them. The video ... Read more ›
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U.S. regulators are investigating whether Tesla’s self-driving software stringently requires motorists to retake the wheel in dangerous driving conditions, following a fatal crash involving a Tesla electric vehicle equipped with the technology. The National Highway Traffic Safety ... Read more ›
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First thing each weekday, Jessica Alter hits the road and runs three miles through the Marina District near her San Francisco home. On Saturdays, she swaps Golden Gate Bridge views for countryside scenes with longer trail runs close to her second home in Sonoma County. In both instances, the exercise inspires some of Alter’s best ideas as the board chair of Tech for Campaigns—one of the most consequential liberal PACs... Read more ›
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When Greg Brockman returns to OpenAI in the next month or so, as senior leaders expect him to, the artificial intelligence startup’s co-founder will rejoin a company that’s already changed a lot in the two months since he started a sabbatical. In the time he was gone, OpenAI Chief Technology Officer Mira Murati and several other senior researchers left; the startup’s valuation soared to $157 billion in its latest funding... Read more ›
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The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, produced chips for China’s Huawei Technologies, in potential violation of U.S. export controls, The Information reported. The department has ... Read more ›
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The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co. has been making artificial intelligence or smartphone chips for Chinese tech giant Huawei Technologies in what would be a breach of U.S. export rules, said two people with direct knowledge of the matter. Since 2020, the U.S. has banned Huawei from buying chips manufactured using American equipment, citing national security concerns. The U.S. restrictions also block Huawei from using... Read more ›
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Google might move slowly but it gets there eventually. Well, at least that’s the theory. A shake-up in the management ranks of the tech giant, unveiled on Thursday, belatedly fixes a flaw in the company’s artificial intelligence organization, one that had constrained its ability to compete with ChatGPT’s creator, OpenAI.CEO Sundar Pichai today moved the team behind Google’s Gemini AI chatbot from its search and ads unit to its DeepMind... Read more ›
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Meditation app Calm said Thursday it had entered into a partnership with healthcare giant UnitedHealth that will make the app’s services available to more than 13 million people. The partnership follows its move, first reported by The Information, to set aside tens of millions of dollars of ... Read more ›
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Most popular sources
Business Insider
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32% 18 |
Mashable
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11% 9 |
Gizmodo
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9% 5 |
Tom's Hardware
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6% 2 |
CNET
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5% 2 |
| View sources » | |
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24.11.2024 13:23
Last update: 13:15 EDT.
News rating updated: 20:20.
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