It should have been easy. YouTube in late 2022 began including in its app video-streaming services operated by other media companies, such as Paramount Globalâs Paramount+ and Warner Bros. Discoveryâs Max. People could sign up for the services directly from the YouTube appâYouTube would get a cutâand watch without toggling around on their TV. Amazon makes a lot of money out of a similar feature. But those efforts stalled for... Read more âș
4
CoreWeave, the Nvidia-backed startup cloud provider that is preparing one of the most anticipated initial public offerings of the year, grew revenue exponentially while pouring cash into capital expenditures last year, two people familiar with the matter said. The company is expected to publish its IPO prospectus this week and go public this month. CoreWeave generated about $1.9 billion in revenue in 2024, the people said. That is eight times... Read more âș
0
President Donald Trump said on Sunday that he supports a U.S. âcrypto strategic reserveâ that will include not just bitcoin, but also ether, Ripple-associated XRP, Solana, Cardano and other âvaluable cryptocurrencies.â In a post on Truth Social, he said he directed a presidential working group ... Read more âș
0
The biggest risk-taker in tech investing is back to his old playbook, loading up on debt to fund his latest obsession: artificial intelligence. SoftBank Group CEO Masayoshi Son is planning to borrow $16 billion to invest in AI, his companyâs executives told banks last week, according to a person with direct knowledge of the discussions. The talks havenât been previously reported. The company might borrow another $8 billion in early... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Why Runway thinks it can outrun OpenAI and Googleâą Artificial Intelligence: AI.com is up for sale. Asking price? $100 millionâą The Top 5: The very best sleep and health tech for kids ⹠Plus, our Recommendations: A father confesses his darkest secrets; how a financial scheme fueled a murder land; and Netflixâs slam-dunk documentary On a bit of a whim last year,... Read more âș
0
The last decade brought the beginning of the biohacking era, prompting American adults to fill their homes with trackers and smart devices to better study and fine tune their health. It was perhaps inevitable that the same interest would lead to a mound of similar technology aimed at a different target market: kids. In a recently published survey of over 1,500 parents of kids 8 years old and younger by... Read more âș
2
Deep in Queens, New York, out near John F. Kennedy Airport, Larry Fischer was distraught. One of his favorite Italian jointsâDon Peppe, the place where he lunched with Facebookâs lawyers after selling them Messenger.com in 2014âhad closed for vacation this past week. It had seemed like a fitting place for our conversation about another domain name deal heâs got in the works that he hopes can be even higher profile.... Read more âș
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When I last checked, Google co-founder Sergey Brin was still one of the two people who between them control the massive tech company. As of last year, at least, Brin had a 25% voting stake, while his co-founder, Larry Page, had a tad more. So why on earth is Brin suggesting people on Googleâs Gemini team come into the office every day and in general work harder (like 60 hours... Read more âș
0
Grubhub is cutting about 500 jobs, representing just over 20% of its workforce, weeks after the food delivery service was acquired by Marc Loreâs food company Wonder. In a memo announcing the cuts, Grubhub CEO Howard Migdal said the move would help Wonder and Grubhub âwork together to achieve ... Read more âș
0
Startup Passes was hit with a class action lawsuit alleging that the creator membership site founded by Lucy Guo distributed child pornography. The complaint, filed by OnlyFans creator Alice Rosenblum in the Southern District of Florida, claims that Passes recruited young women that it knew ... Read more âș
0
Microsoft will shut down its Skype videoconferencing app in March, the company said on Friday, as Microsoft focuses its efforts on its Teams meeting app. Microsoft will shift Skype staff to instead work on Teams and users with existing Skype accounts will be able to move their accounts to Teams ... Read more âș
0
This week on More or Less: On the ground at the Upfront Summit, Instagramâs new idea, and whatâs coming for consumer. Apple Spotify YouTube Read more âș
0
Amazon is going global with its counterattack on bargain sellers Temu and Shein. The e-commerce giant is planning on expanding Haul, the ultracheap Temu look-alike it launched in the U.S. in November, to countries in Europe starting this year, according to a seller consultant who spoke with Amazon representatives. At the same time, a recent Amazon job posting described efforts to launch in Mexico as part of a broader global... Read more âș
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Tesla applied for a permit with a California regulator that would allow the electric car maker to operate a ride-hailing service, Bloomberg reported. The application for the transportation charter-party permit, filed to the California Public Utilities Commission late last year, indicates Tesla ... Read more âș
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A growing number of artificial intelligence assistants will make workers more productive in specialized fields such as law, medicine and entertainment. It could also replace some jobs altogether, said speakers at The Informationâs AI Agenda Live conference Thursday. âWe have tech companies very actively thinking about how I can reduce my IT staff, HR support staff, customer service teams,â said Arvind Jain, co-founder and CEO of Glean, a startup that... Read more âș
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There are two basic ways for startup founders to respond when much larger competitors encroach on their realm. They can soldier on with heads down and voices low, in silent determination. Or they can do as the founders of Runway did when the likes of Google and OpenAI entered the AI video field Runway helped pioneer: They can respond with swagger, hoping to leave observers wondering who the true underdog... Read more âș
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If youâre watching the latest season of the HBO drama âThe White Lotus,â youâll know that the aging cable channel (represented on streaming through Max) can still capture the zeitgeist. Thatâs not so true of HBOâs owner, Warner Bros. Discovery, whose fourth-quarter results on Thursdayâshowing revenue fell 2% for the quarter and 5% for the yearâdemonstrated the sorry state of the traditional TV business that makes up much of WBD.... Read more âș
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Early OpenAI investor Vinod Khosla warned that most investments in artificial intelligence will lose money, particularly as more investors jump into the market, funding more startups. But he said some companies would grow to be worth hundreds of billionsâand eventually trillionsâof dollars and make up for the failures. âMore money will be made than lost because a few outliers will give disproportionate returns,â said Khosla, founder of Khosla Ventures, at... Read more âș
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Google cofounder Sergey Brin urged employees working on the companyâs AI models and apps to return to the office âat least every weekdayâ and to work 60 hour weeks in order to win the race to artificial general intelligence, The New York Times reported on Thursday. The message does not replace ... Read more âș
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Airbnb cofounder Joe Gebbia has joined Elon Muskâs Department of Government Efficiency to work on âimproving the slow and paper-based retirement processâ for federal employees, Gebbia announced on X Thursday. Gebbia, who is on Teslaâs board of directors and reportedly has a close ... Read more âș
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16.05.2026 02:37
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