Elon Musk told federal workers Saturday to detail their achievements for the last week or risk losing their jobs. In a post on X Saturday, Musk said federal employees would “receive an email requesting to understand what they got done last week,” adding that “failure to respond will be ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: How Apple and Qualcomm share tech’s rockiest marriage • Policy and Safety: New push for safety laws could lift parents fatigued by tech worries• The Top 5: Silicon Valley’s favorite snow toys • Shopping: Tech’s winter it item? The humble woolen ski sweater• Plus, our Recommendations: The podcast disassembling “Severance”; a godfather who gets another life; and the Hilary Duff show you... Read more ›
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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 fashion—a 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 ›
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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 ›
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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 ›
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Welcome to the official start of crypto’s regulatory vacuum. That’s the state we’re in now that the Securities and Exchange Commission has decided to drop its long-running lawsuit against Coinbase (according to Coinbase, at least—we’ll 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 ›
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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 ›
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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 ›
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Apple is withdrawing its iCloud security feature, Advanced Data Protection, from the UK market rather than comply with the UK government’s demands that the company build a “backdoor” in the system so the government could bypass Apple’s encryption to see user data, various news outlets reported. ... Read more ›
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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 ›
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There are companies that dislike each other. And then there’s Apple and Qualcomm. The world’s 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 Apple’s craw that it has... Read more ›
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Disney’s 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 ›
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Uncertainty about the economic impact of President Donald Trump’s 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 “uncertain” five times on a call with analysts. And... Read more ›
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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, I’ve learned. Read more ›
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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 ›
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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 banks’ ability to offer crypto-related services. The letter, addressed to crypto and AI czar David Sacks, said banks shouldn ... Read more ›
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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. Cohen’s 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 ›
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Facebook wants to be cool again—and 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 ›
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The Federal Trade Commission has launched a public inquiry into whether technology platforms “censor” users by denying access to services based on “the content of their speech or affiliations,” the agency announced Thursday. It’s the latest sign of how the Trump administration is pressuring tech ... Read more ›
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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 ›
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16.05.2026 04:35
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