After a two-year drought of initial public offerings, venture capitalists are finding new ways to return cash to shareholders, we wrote last week. Crypto investors have a few other tools to get capital back to their investors, or limited partners. But they also are facing more hurdles these days.Funds that bought tokens, or digital assets tied to a blockchain-based project, can sell them at token launches. These offerings have fallen... Read more ›
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Snapchat, launched more than a decade ago, has been showing its wear. The app is a jumble of features, from TikTok-like videos (Spotlight) to Maps to its flagship disappearing Stories. With a major redesign unveiled Tuesday, it’s attempting to streamline the way its 850 million monthly users interact with the photo messaging app. Many may have trouble getting used to it, though I found it a lot simpler. The more... Read more ›
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Microsoft and BlackRock said Tuesday they are planning a $30 billion fund to develop data centers and power plants to power artificial intelligence. The fund would be one of the largest of its kind, though it isn’t clear how much Microsoft is contributing and shows how the company is enlisting ... Read more ›
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Nvidia has been in advanced talks to buy OctoAI, a Seattle-based startup that sells software to make artificial intelligence models run more efficiently, according to a message sent to shareholders. The purchase would add to a string of small AI startup acquisitions by the AI chip heavyweight, which is trying to strengthen its software and cloud-computing services while U.S. antitrust officials probe its activities. Nvidia has proposed paying about $165... Read more ›
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Snap, the maker of the app Snapchat, on Tuesday announced a new generation of its augmented reality glasses Spectacles. The new Spectacles overlay augmented reality filters over objects in the real world and operate via voice commands and hand gestures. Spectacles wearers can also create ... Read more ›
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European eyewear giant EssilorLuxottica has extended its partnership with Meta Platforms to develop smart eyewear for another decade, the company announced Tuesday. EssilorLuxottica has been working with Meta since 2019 on Ray-Ban smart glasses, which allow wearers to make phone calls, stream ... Read more ›
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Donald Trump and his collaborators unveiled a crypto project, World Liberty Financial, on Monday in a livestream on X, though details on what the project does remain unclear. The former president and Republican presidential candidate reaffirmed his support for the U.S. crypto industry but didn’t ... Read more ›
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In the artificial intelligence race, competition is fierce. Every big AI developer is watching rivals like a hawk and trying to reverse-engineer or copy their best work, as we’ve reported.What can a leader like OpenAI do to keep its edge? The company’s newly released reasoning model, o1-preview, aka Strawberry, shows one way: by hiding the ball on how the model actually solves problems. Read more ›
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Instagram on Tuesday announced a host of new privacy and safety features for young users, including new private accounts for teens and settings intended to curb late-night screen time for people under age 18. The new accounts arrive at a time when Instagram and many other major platforms are ... Read more ›
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Notion, a maker of popular task-management software, is injecting artificial intelligence into every pore of its products, aiming to make it easier for people to draft documents, summarize data and query spreadsheets. AI is also reshaping Notion’s executive ranks. The company recently hired Jackie Rocca, formerly vice president of product management at Salesforce. Rocca oversaw the integration of AI features into Slack, which Salesforce acquired in 2021. Her hire as... Read more ›
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Meta Platforms has banned Russian state media outlets including RT and Rossiya Segodnya from its platforms due to allegations that they have engaged in deceptive influence operations, Reuters and other news outlets reported. Meta’s move comes after the Justice Department earlier this month ... Read more ›
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Microsoft will raise the quarterly dividend that it pays investors to 83 cents a share, up from 75 cents, beginning in November, the company said late Monday. The software maker will also buy back $60 billion in stock, replacing its previous $60 billion stock buyback that the company initiated ... Read more ›
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CEO letters to staff are usually written with so much bombast and blather that they say little of note. But that’s not the case with one that came from Amazon CEO Andy Jassy today. Despite a sleepy headline, “Strengthening Our Culture and Teams,” Jassy’s letter delivers some home truths. Most notably, he made it clear that Amazon has evolved into a lumbering bureaucracy, with too many managers and some processes... Read more ›
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Intel’s stock jumped more than 8% in after-hours trading after CEO Pat Gelsinger published a memo outlining several ways he plans to revive the firm, including by making an artificial intelligence networking chip with Amazon and receiving more funding from the government. He said the chip ... Read more ›
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Three federal appeals court judges hearing TikTok’s suit against the U.S. government over legislation that would ban the app in the U.S. focused their questions on the government’s claim that TikTok posed a national security risk. The line of query signaled the judges may be unswayed by TikTok’s ... Read more ›
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Thierry Breton resigned from his role as internal market commissioner for the European Union, according to a letter the French official posted to X on Sunday night. He accused European Commission President Ursula von der Leyen of trying to prevent his candidacy for a second term in the EU ... Read more ›
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One of Google's efforts to catch up to OpenAI in the artificial intelligence race is struggling. Google’s conversational AI, Gemini, is too difficult for app developers and businesses to use compared to rivals’ technology, according to interviews with developers and several Google employees that help companies use the AI. Read more ›
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Things are not looking great for TikTok. I spent the morning hearing TikTok’s lawyers present their arguments to convince a Washington appeals court that a ban would infringe on the First Amendment rights of 170 million American users, as well as creators. The response from the court—a panel of three judges of the United States Court of Appeals for the D.C. Circuit—was telling. They spent more time questioning TikTok lawyers... Read more ›
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Amazon is planning to eliminate some management roles in an effort to streamline the company, CEO Andy Jassy said in a memo on Monday. The company is also ordering most employees back to the office five days per week. Jassy said in the memo that Amazon’s goal is to increase the ratio of ... Read more ›
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Microsoft is rolling out new ‘Copilot’ features in its Office 365 software in an effort to convince more businesses to spend on the $30-per-user AI software, CEO Satya Nadella said Monday. The company is adding a new “Copilot Agents” feature that lets people configure AI agents that will carry ... Read more ›
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15.11.2025 11:23
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