TikTok is testing a truism: Money talks. TikTok users in the U.S. who invite their friends to the app can now get steep discounts on goods, such as digital cameras and hair styling tools marked down to just a penny, as part of a promotion the ByteDance-owned company introduced in recent weeks. That builds on a referral scheme TikTok has been quietly running in other countries, such as Japan and... Read more ›
30
In a new shakeup, Jeremy Bezdek, president of Freyr Battery’s U.S. division, has left the company, according to a person familiar with the situation. The unexpected move comes two months after CEO Birger Steen left the next-generation battery maker 10 months after taking the job. The move is surprising. Senior company executives did not disclose Bezdek’s exit during a call with Wall Street analysts Friday morning. But minutes later, CEO... Read more ›
49
Another bustling week in tech... and on More or Less. After taping this week's episode—which covers everything from why Instagram products are so expensive to my new podcast obsession—we all looked at each other and said, "What are we going to title this one?" I hope you enjoy and that it jogs some new ideas loose in these last weeks of summer. Apple Spotify YouTube Plus, please check out last... Read more ›
37
In recent weeks, Democrats have relentlessly blistered Donald Trump and his running mate, J.D. Vance, using a straightforward message: They’re too weird to hold high office. If Trump and Vance are weird, imagine what the American public might make of Curtis Yarvin, 51, whose far-right thinking has influenced both Vance and, increasingly, members of the Silicon Valley right, including billionaires Peter Thiel and Marc Andreessen. Both Thiel’s Founders Fund and... Read more ›
0
A group of five U.S. senators introduced new draft legislation Thursday to ban imports of apparel and textiles under a controversial duty-free trade provision used by e-commerce giants like Shein and Temu. The proposed bill is the latest bid by lawmakers to crack down on the so-called de minimis ... Read more ›
0
After winning a landmark antitrust case against Google on Monday, the U.S. Department of Justice won’t just seek to diminish the company’s lucrative alliance with Apple. In the next phase of the case, which involves meting out punishments for Google’s illegal monopoly, government lawyers are also likely to try to hamper the company’s effort to dominate the next version of search—conversational artificial intelligence—and make it easier for rival search providers... Read more ›
36
Anthropic will pay hackers up to $15,000 for “jailbreaks” that bypass the artificial intelligence company’s safeguards and elicit prohibited content from its Claude chatbots. By inviting outside researchers to test its models, Anthropic hopes to identify problems the company couldn’t find on its ... Read more ›
0
One of the internet’s corporate success stories of the past decade, Airbnb, is suddenly in need of an overhaul. Its stock plunged 11% this week—dragging it down 15% for the year—after executives acknowledged a slowdown among U.S. consumers had hurt its growth. The slowdown crystallizes a paradox about Airbnb’s performance. Its 11% expected growth rate this year is by far the lowest among a group of 14 consumer internet companies... Read more ›
0
OpenAI said Thursday it has appointed Zico Kolter, a professor and director of the machine learning department at Carnegie Mellon University, to its board of directors. Kolter will also join the board’s safety and security committee, which is responsible for making recommendations on safety and ... Read more ›
0
Global venture funding reached $23 billion last month, up 20% compared to July 2023, according to Crunchbase data. Judging from the numerous funding announcements that arrived in my inbox this morning, those increases look poised to continue. However, investors are wary a recession could hamper the turnaround.First the positives: Anduril just announced a new round of $1.5 billion at a $14 billion valuation including the investment, confirming Natasha’s scoop earlier... Read more ›
8
A group of top crypto executives talked with White House officials along with an advisor to Vice President Kamala Harris on a conference call on Thursday, giving their input as the Democratic presidential candidate formulates her policy stance on crypto issues. Industry executives outlined their ... Read more ›
0
TikTok over the last year has been encouraging more creators to livestream, where they can sell products or earn digital gifts that convert to cash. To beef up its European business, it’s been trying to build out its payments functions. But these efforts have hit some snags. Earlier this year its parent ByteDance withdrew an application for a Irish payments license, according to two people involved in the negotiations. The... Read more ›
0
Paramount Global wrote down the value of its business by $6 billion in the second quarter, the entertainment company reported on Thursday, following the lead of Warner Bros. Discovery which took a $9 billion writedown on its TV network businesses earlier this week. The writedown follows ... Read more ›
0
The U.K.’s antitrust regulator said on Thursday it launched a formal inquiry into Amazon’s $4 billion investment in the artificial intelligence startup Anthropic. The Competition and Markets Authority said it had “sufficient information” about Amazon and Anthropic’s relationship to begin an ... Read more ›
0
Warby Parker reported 13.3% higher revenues of $188.2 million, helping it boost profit before interest, taxes, depreciation and amortization by 38% to $19.6 million. After a pandemic-era surge in growth, the eyewear maker’s revenue growth has hovered around the 12-13% level, depending on the ... Read more ›
0
Amazon’s e-commerce business is huge but slow-growing, while shopping on social media has been taking off. That’s prompted Amazon to look for ways to team up with popular social media apps. It’s finally landed a key partner, TikTok, an Amazon spokesperson confirmed, which will enable TikTok users to buy items from Amazon advertisements without leaving the TikTok app. Amazon also recently struck a similar arrangement with Pinterest, which has long... Read more ›
0
For almost the entire time since DoorDash went public in late 2020 the restaurant-delivery service has traded at a premium valuation to Uber. Lately the gap between the two stocks has nearly closed, although the much bigger ride-hailing and delivery firm remains the underdog of the pair. While that made sense early on, when the pandemic blitzed Uber’s ride-hailing business and turbocharged DoorDash's service, things have changed. Uber's ride-hailing revenue... Read more ›
0
The Federal Reserve Board announced an enforcement action against Customers Bank after identifying “significant deficiencies” related to its risk management and compliance with anti-money laundering rules for its services for crypto clients. After Silvergate Bank and Signature Bank closed last ... Read more ›
0
Google worked on a “marketing project” with Meta Platforms that allowed Meta’s Instagram to target teenagers with ads, effectively circumventing Google’s own policies against advertising to children, according to the Financial Times. The ads, which were designed to promote Instagram to 13- to ... Read more ›
0
One of the newest entrants in the race to develop artificial intelligence that can reason through problems is about to raise a bunch more money. Harmonic, a startup cofounded last year by Robinhood CEO Vlad Tenev and self-driving vehicle entrepreneur Tudor Achim, has been in talks to raise funding from investors including Sequoia Capital and Index Ventures, according to an investor at a firm that has considered investing and a... Read more ›
0
Most popular sources
Business Insider
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33% 6 |
Tom's Hardware
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16% 12 |
Android Authority
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8% 5 |
CNET
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6% 2 |
Mashable
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5% 3 |
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16.11.2025 05:38
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