U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more âș
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Elon Musk told federal workers Saturday to detail their achievements for the last week or risk losing their jobs. In a post on XÂ Saturday, Musk said federal employees would âreceive an email requesting to understand what they got done last week,â adding that âfailure to respond will be ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: How Apple and Qualcomm share techâs rockiest marriage ⹠Policy and Safety: New push for safety laws could lift parents fatigued by tech worriesâą The Top 5: Silicon Valleyâs favorite snow toys ⹠Shopping: Techâs winter it item? The humble woolen ski sweaterâą Plus, our Recommendations: The podcast disassembling âSeveranceâ; a godfather who gets another life; and the Hilary Duff show you... Read more âș
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For decades, skiers and snowboarders have seen the techiest, most highly engineered synthetic fabrics as the pinnacle of alpine function and fashionâa sentiment held with particular vehemence by the hordes of snowsports enthusiasts who stream out of the Bay Area each weekend for places like Palisades Tahoe and Heavenly. These days, though, one of the hotter items on the slopes is the traditional knitted wool ski sweater. The humble and... Read more âș
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Clint and Pam Legaspi tried to take a balanced approach when introducing their now-12-year-old daughter to technology. Her first device was an educational LeapPad tablet, not an iPad. Later, they ignored her requests for an iPhone and instead gave her an iPod Touch, but only after carefully curating its apps: giving her access to Pinterest, Messenger Kids and Roblox but not TikTok, Instagram or Snapchat. When her Bay Area elementary... Read more âș
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In between the Crypto Finance Conference and the World Economic Forum last month, a group of investors and founders enjoyed a busy few days in St. Moritz. They networked, and they enjoyed a fireside chat with venture capitalists Bill Tai and Daniel Gutenberg. For play, rather than ski, snowboard or shvitz in a sauna, they snow kited. Snow kiting is a mix of kitesurfing, water skiing and snow skiing. Riders... Read more âș
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Welcome to the official start of cryptoâs regulatory vacuum. Thatâs the state weâre in now that the Securities and Exchange Commission has decided to drop its long-running lawsuit against Coinbase (according to Coinbase, at leastâweâll have to wait until the SEC confirms the news after a commission vote).It seems the top financial cop is pressing the pause button on enforcing decade-old securities rules as they relate to crypto, as it... Read more âș
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Amazon paid around $1 billion to secure creative control of the James Bond franchise, according to a person familiar with the matter. The news was first reported by Deadline. Yesterday, Amazon MGM Studios announced a deal to form a new joint venture with Barbara Broccoli and Michael G. Wilson, ... Read more âș
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New forecasts from OpenAI show the beginning of a dramatic shift in its alliances from Microsoft, its biggest shareholder, to SoftBank, its newest benefactor. The company has told investors in recent weeks that it expects Stargate, the fledgling data center expansion project to be heavily financed by SoftBank, to support three-quarters of the computing power it will need to run and develop its AI models by 2030. That would represent... Read more âș
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Apple is withdrawing its iCloud security feature, Advanced Data Protection, from the UK market rather than comply with the UK governmentâs demands that the company build a âbackdoorâ in the system so the government could bypass Appleâs encryption to see user data, various news outlets reported. ... Read more âș
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Coinbase, the biggest U.S. crypto exchange, said it has reached an agreement with staff at the Securities and Exchange Commission to dismiss its lawsuit accusing the company of running an illegal securities exchange. Coinbase stock rose 2.2% Friday morning. The plan is subject to approval by the ... Read more âș
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There are companies that dislike each other. And then thereâs Apple and Qualcomm. The worldâs most powerful consumer electronics and wireless chip companies have long maintained one of the unhappiest marriages in tech. Over the past 15 years, the vast majority of iPhones have contained a Qualcomm modem chip that allowed those devices to connect wirelessly to cellular networks. But it has long stuck in Appleâs craw that it has... Read more âș
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Disneyâs ESPN and Major League Baseball announced on Thursday that they have elected to opt out of their current media rights agreement, another sign that traditional TV companies are being forced to be choosier with which expensive sports rights they pursue as cable TV revenues continue to ... Read more âș
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Uncertainty about the economic impact of President Donald Trumpâs trade policies is dampening expectations for how consumer spending will hold up this year. Just look at Walmart, which today projected that its revenue growth this fiscal year would slow to between 3% and 4%, compared with 5% for the year that ended Jan. 31, 2025. Executives used variations of the word âuncertainâ five times on a call with analysts. And... Read more âș
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Special purpose vehicles are now a mainstay in venture capital, showing up in some of the biggest deals in artificial intelligence, from OpenAI to Anthropic, as a flexible way to raise cash from a larger pool of investors.Now fund managers are considering using SPVs to fund a huge new round for Figure AI, a three-year-old startup that builds humanoid robots, Iâve learned. Read more âș
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Energy drink maker Celsius said it planned to acquire competing brand Alani Nu in a deal valued at $1.8 billion, the latest transaction involving a big beverage company snapping up a fast-growing younger brand. Celsius shares jumped more than 29% in aftermarket trading. Founded in 2018 by ... Read more âș
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A group of powerful bank lobbying groups wrote a letter Thursday urging federal banking regulators to rescind or substantially revise policies that the group said hindered banksâ ability to offer crypto-related services. The letter, addressed to crypto and AI czar David Sacks, said banks shouldn ... Read more âș
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Activist investor Ryan Cohen has built up a $1 billion stake in Chinese e-commerce giant Alibaba, the Wall Street Journal reported Thursday. Cohenâs investment was built up over the past two years, a period when Alibaba stock has been in the doldrums, although it has recently perked up. Cohen, ... Read more âș
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Facebook wants to be cool againâand it plans to revamp itself in large part by leveraging creators, as my colleague Sylvia and I detailed in a story on Thursday. Facebook staffers have been talking to the teams of prominent YouTubers including MrBeast and former NASA engineer Mark Rober to get their feedback on how to make the app better for creators, according to a person with direct knowledge of the... Read more âș
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The Federal Trade Commission has launched a public inquiry into whether technology platforms âcensorâ users by denying access to services based on âthe content of their speech or affiliations,â the agency announced Thursday. Itâs the latest sign of how the Trump administration is pressuring tech ... Read more âș
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Klaviyo announced the launch of customer service features for e-commerce merchants on Thursday, marking a significant expansion for the software firm, which mainly sells software for small businesses to send marketing emails and text messages to shoppers. The new features will allow websites to ... Read more âș
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22.03.2026 07:01
Last update: 06:55 EDT.
News rating updated: 12:50.
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