ByteDance, TikTok’s parent company, is in talks with banks to arrange a $9.5 billion loan, mainly to refinance existing debt on favorable terms, according to two people with knowledge of the matter. This is part of the Chinese tech giant’s long-term financing strategy. While ... Read more ›
24
Disney pulled its TV networks, including ABC and ESPN, from satellite TV firm DirecTV over the weekend after the two companies failed to reach a new agreement on terms. In a statement, DirecTV said “Disney is again taking an anti-consumer approach, demanding that customers from DIRECTV and ... Read more ›
0
Intel is considering selling its Altera chip unit, Reuters reported, as part of a broader review of restructuring options underway at the struggling chip company. On Friday, Bloomberg reported that Intel was considering dividing its product design from its manufacturing operations. The news sent ... Read more ›
0
Fidelity has cut its valuation on X Holdings, formerly known as Twitter, by another 4%, securities filings showed on Friday. The latest cut, taken for July, means that Fidelity has slashed the value of its stake in X by 72% since Elon Musk bought the social media app in October, 2022. The ... Read more ›
0
Coatue Management founder Philippe Laffont has left the board of ByteDance, the parent of TikTok, according to the company’s website. At the same time, ByteDance has added a new director, French telecom billionaire Xavier Niel. Laffont’s departure follows The Information’s report last week that Coatue was considering selling a portion of its multibillion-dollar stake in ByteDance. It isn’t known whether Coatue, a New York investment firm, has sold any shares... Read more ›
2
Welcome, Weekenders! In this newsletter:• The Big Read: A videogame that fuels fake wars• HBO’s surprise Sunday night wager—and what else we’re watching this fallPlus: A deepfake music video; Apple’s little-loved masterpiece; and the moment when Silicon Valley saved the military. Oh! Look who’s back in our lives: Nate Silver, the iconoclastic statistician and media mogul founder of FiveThirtyEight. Quick, Nate, give us the odds on Harris-Trump. “Right now, the... Read more ›
0
Konrad Kay and Mickey Down were out at a party near the end of 2023 when they received word from HBO that their show, “Industry,” would move from its home on Monday evenings to the television industry’s premier time slot: 9 p.m. on Sunday, a position HBO had previously given to the likes of “Succession,” “Game of Thrones” and “The Sopranos.” At that point, they had already finished filming the... Read more ›
0
Amazon has hired the founders of the industrial robotics company Covariant, the e-commerce giant announced in a blog post on Friday. The deal follows a trio of other acqui-hires, including Microsoft’s acquisition of artificial intelligence company Inflection’s founders and most of ... Read more ›
0
Brazil blocked short-form social app X, formerly known as Twitter, on Friday after owner Elon Musk didn’t comply with a Brazilian judge’s order to suspend some accounts on the platform. Brazilian Supreme Court justice Alexandre de Moraes told internet providers in the country to restrict access ... Read more ›
0
The constantly humming AI-news machine revved up a notch this week, what with Nvidia’s earnings report, news about OpenAI’s fundraising and the first ever data about how many people are using Meta AI. But potentially the biggest development was the passage in the California legislature of SB 1047, aimed at addressing the risks of AI. It has sparked enormous debate within the industry, which is sure to intensify in the... Read more ›
0
A California bill that could penalize the makers of large artificial intelligence models if they’re found to cause harm is headed to California Gov. Gavin Newsom, where its outcome is uncertain. “I do not know what the governor will do,” said Scott Wiener, the state senator from San Francisco who authored SB 1047, in a broadcast interview with The Information Friday morning. Uncertainty about Newsom’s decision has given developers, venture... Read more ›
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Meta Platforms’ artificial intelligence assistant, Meta AI, has more than 185 million weekly active users, CEO Mark Zuckerberg said in a post on Threads Thursday. The assistant has more than 400 million monthly active users, he said, confirming The Information’s previous reporting. “Growing ... Read more ›
0
Should you have free speech inside America if you are not an American? That was one of the meaty questions we discussed this week, following the arrest of Telegram founder Pavel Durov. The gang took the opportunity to check in on deeper questions that remain unanswered about freedom of speech and censorship. While the topic can feel abstract, I enjoyed my fellow cohosts' perspectives and thoughts, which challenged mine. Plus,... Read more ›
0
A few months ago, a user from Chongquing, China, posted a video to Chinese social media platform Weibo, which has more than half a billion active users. The grainy 26-second clip appears to have been filmed on a primitive camcorder: We see a barrage of rockets ascend from a small vessel into a dusky sky, then streak toward a nearby aircraft carrier. A lens-trembling explosion follows. The video’s title claims... Read more ›
0
A new version of Amazon’s Alexa voice assistant that the company plans to release in October will primarily use Anthropic’s Claude artificial intelligence models, Reuters reported on Friday. The reported reliance on technology from Anthropic, a startup backed by Amazon and Google, comes despite ... Read more ›
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Over the past two years, Amazon CEO Andy Jassy has sat down with some of the most high-profile CEOs in the social media business to discuss a range of topics including Amazon Web Services, which many of the social media companies use. Also on the agenda: letting Amazon sell its goods within TikTok, Instagram and other apps through a new kind of advertisement on those services. The meetings brought Jassy... Read more ›
0
Intel and investment banks are discussing strategic options aimed at turning around the U.S. chip giant’s struggling business, Bloomberg reported. Intel, which reported a net loss of $1.6 billion for the second quarter, is exploring various scenarios including a split of the company’s product ... Read more ›
0
Artificial intelligence developers are waking up to the potential implications of the California legislature’s passage on Thursday of a first-of-its-kind bill. SB 1047 would require developers to monitor what their customers do with their AI and to pay steep fines if the software causes harm—for instance, if someone hacks into an autonomous vehicle and causes a collision. The bill is heading to the desk of Gov. Gavin Newsom after passing... Read more ›
0
The elite circle of the world’s most valuable private companies face a steady chorus of will-they-or-won’t-they IPO chatter from investors and bankers (and me). It helps to cut through the rumors by thinking through the reasons why a company might want or need to go through the expensive ritual (lawyer fees, new scrutiny, dealing with the Securities and Exchange Commission…) of going public.Many of those elite companies have been able... Read more ›
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California legislation to regulate artificial intelligence is on its way to Gov. Gavin Newsom’s desk after passing out of the state Senate on Thursday by a 29-9 vote. Newsom, who has yet to take a public position on SB 1047, will have until Sept. 30 to sign or veto the bill, which drew strong ... Read more ›
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Most popular sources
Business Insider
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31% 6 |
Tom's Hardware
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16% 8 |
Gizmodo
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8% 1 |
The Verge
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5% 2 |
CNET
|
5% 2 |
| View sources » | |
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15.11.2025 19:20
Last update: 19:10 EDT.
News rating updated: 02:10.
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