OpenAI CEO Sam Altman on Monday appeared to reject an unsolicited takeover bid from a group of investors led by Elon Musk. Musk and the investors, including his AI developer xAI and some its backers such as Baron Capital Group, Valor Management and Vy Capital, offered $97.4Â billion to ... Read more âș
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Is going âbare metalâ in data centers the future for cloud computing? If so, it could signal a shift away from big cloud firms toward a new group of AI computing startups.Bare metal isnât a subset of rock music but an industry term for renting servers to cloud customers on terms that give them access to the hardware, allowing customers to control servers directly and run their own operating software.... Read more âș
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Meta Platforms has erected guardrails around how it develops new products over the past decade to better protect the privacy of its more than 3 billion users following high-profile breaches. Now executives are lowering those guardrails so the company can release products more quickly. Among the changes, privacy teams will have less authority to delay product launches. Instead, product teams will have the final say over what privacy risks are... Read more âș
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TikTok CEO Shou Chew met with senior White House officials last week and offered a proposal that included joint venture with U.S. investors, the Wall Street Journal reported. The new venture would be based in the U.S. and oversee data security, with U.S.-based management and a majority of ... Read more âș
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Tesla CEO Elon Musk said he is not interested in buying TikTokâs U.S. business. âI have not put in a bid for TikTok,â he said at a conference in Germany, which was made public on Saturday. âI donât have any plans for what would I do if I had TikTok.â âI donât use TikTok personally,â he said. âIâ ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: The Thiel protĂ©gĂ© set to dispense a dose of abrupt change to the U.S. Health Departmentâą The Top 5: The best high-tech protective gear for skiers and snowboardersâąÂ Plus, our Recommendations: A tricky traitor in the Troubles; a deeply researched television set; and Michael Fassbender goes James Bondâish Oh, bonjour, Monsieur le Vice-PrĂ©sident! Next week, JD Vance will bid adieu to the... Read more âș
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My first ski helmet was ridiculous. Whenever I wore it, it looked like I had an upside-down fruit bowl on my head. I initially bought it back around 2002, a time when just a quarter of skiers wore helmets, according to the National Ski Areas Associationâs annual survey. And no wonder: Back then, ski goggles and helmets were often shaped incompatibly with each other, and neither had any impressive optical... Read more âș
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Kash Patel, President Donald Trumpâs nominee to head the FBI, owns stocks valued between $1 million to $5 million in a company that controls Chinese retailer Shein, according to Patelâs financial disclosures and lobbying and corporate records. Patel obtained the shares by serving as a ... Read more âș
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Anduril is in talks to invest about $2.5 billion at a $28 billion valuation before the new investment, according to three people with knowledge of the fundraising talks. The new financing, more than double the valuation of a financing announced in August, is expected to include $1 billion from ... Read more âș
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How long can computer servers be expected to last? Donât groanâthatâs a real issue. After all, if a company is spending tens of billions on servers annually, they presumably donât want to replace them every other year. But as we learned in the past week or two from December quarterly earnings reports, the big tech companies have differing opinions on this point. And it has a lot of significance for... Read more âș
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General Catalyst is considering investing in Anthropic as part of a $2 billion round led by Lightspeed Venture Partners, according to a person who spoke to Anthropic leadership. Existing investors including Bessemer Venture Partners and Abu Dhabi sovereign fund MGX are also expected to invest in ... Read more âș
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Amazon cut language about diversity and inclusion from its 2024 annual report published on Friday, the latest example of a big tech firm pulling back from such initiatives following Donald Trumpâs presidential election victory. Under the subheading âHuman Capital,â Amazonâs 2023 annual report ... Read more âș
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Meta Platforms is preparing to implement on Monday previously announced job cuts of 5% of its workforce. In a message to staff on Friday, Meta said employees who are laid off will be cut off from the companyâs internal system within an hour and will be notified by email about their ... Read more âș
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The Trump administration said Friday that it had temporarily reversed a ban on duty-free package shipments from China that had gone into effect just days earlier, the latest in a series of abrupt moves that have upended the e-commerce industry. Fridayâs move amends an executive order that had ... Read more âș
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In November, virologist Beata Halassy announced to the world that she had cured her own breast cancer using a treatment developed in a laboratory she runs. Many in the medical community celebrated her breakthrough, which she says has allowed her to live cancer-free for over four years. But some bioethicists worried that overpublicizing the results of her self-experimentation could encourage others with less expertise to reject conventional cancer treatment. This... Read more âș
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Shopify, best known for selling software and services to help small entrepreneurs run online shops, wants to boost its growth by landing bigger retailers as clients. One obvious target is merchants that use e-commerce software from enterprise giants like Salesforce, Adobe and Oracle. While Shopify has highlighted its success in winning some bigger businesses, such as Reebok and Away, the company has struggled to pull other retailers completely away from... Read more âș
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President Donald Trump said Thursday he wanted to eliminate a carried-interest tax deduction that allows venture capitalists, hedge fund managers and private equity investors to pay a lower tax rate on their share of profits from investments than the higher ordinary income tax rate. During his ... Read more âș
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General Catalyst seems to be drawing a blueprint for what it means to be a venture capital firm that is not just a venture capital firm. Earlier this week, the 25-year-old firm announced it would be expanding into wealth management, led by a team of former First Republic Bank staffers. And now, three people who have spoken to the firm tell me it is developing a program to make small... Read more âș
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Amazon is upping the ante in techâs great capex stakes. The commerce cloud giantâs CEO, Andy Jassy, intimated Thursday, as the company reported fourth-quarter earnings, that it would spend around $100 billion on capital expenditures this year. Thatâs up around 29% from what Amazon spent in 2024, and roughly $20 billion to $25 billion ahead of what fellow cloud firms Microsoft and Google each plan to spend this year. And... Read more âș
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Salesforce is making additional executive leadership changes following its announcement on Wednesday that one of its board members, software industry veteran Robin Washington, will be assuming a dual role of chief operating officer and chief financial officer in March. The changes come amid ... Read more âș
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24.03.2026 08:59
Last update: 08:50 EDT.
News rating updated: 14:52.
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