Airbnb rebounded strongly from the early days of the Covid-19 pandemic. This year, however, revenue is projected to grow less than 12%, down from 40% as recently as 2022. To reignite growth, CEO Brian Chesky a year ago shifted Dave Stephenson, the company’s longtime chief financial officer, to a role plotting new products and international expansion. Stephenson quickly brought in four outsiders—including three Apple veterans—to help. Read more ›
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China’s Alibaba Group is selling Intime, a major domestic department store chain it acquired seven years ago, as the e-commerce giant pulls back from brick-and-mortar retail operations, the South China Morning Post reported. Alibaba’s deal to sell Intime to Chinese apparel firm ... Read more ›
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Apple is developing a large version of the iPad that unfolds into the approximate size of two iPad Pros next to each other, Bloomberg reported. It’s targeting selling the super-sized iPad around 2028, the report said. Currently, the largest iPaid is 13 inches. The Cupertino, Calif., company is ... Read more ›
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Apple CEO Tim Cook had dinner with president-elect Donald Trump Friday at Trump’s Mar-a-Lago residence, according to the Associated Press. Cook follows other leaders of tech giants, including Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg, who have travelled to meet with the incoming ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside tech’s embrace of devout Christianity• Media and Entertainment: Silicon Valley’s favorite videogames of 2024• The Top 5: The best disaster kit supplies • Plus: A play that morphs; America’s only universal creed; and a saga’s brilliant end.Santa won’t show up for weeks yet, but thanks to Sam Altman, some of us already have a fancy new toy to enjoy: Sora, OpenAI’s... Read more ›
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Despite China’s massive presence in the tech world, the country’s videogame industry never had a big-budget, AAA game release until this August, when Shenzhen-based Game Science released Black Myth: Wukong, an action role-playing game inspired by the classic Ming dynasty novel “Journey to the West” about a demigodlike monkey warrior. The game debuted to critical acclaim, with players lauding its stunning graphics and often punishing gameplay. “I’m a big fan... Read more ›
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A twofold panic washed over Northern California last week. The first was very immediate when everyone’s phones got the same alert: an unexpected tsunami warning sparked by a rare 7.0 magnitude earthquake 40 miles off Cape Mendocino. In the end, it was a false alarm, and the warning was canceled. Yet that’s when the second panic hit, with many techies realizing how little prepared they were for any sort of... Read more ›
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Meta Platforms has asked California Attorney General Rob Bonta to block OpenAI’s planned conversion from a nonprofit organization to a for-profit company, The Wall Street Journal reported Friday. In a letter sent to Bonta’s office Thursday, Meta said that allowing OpenAI to become a for-profit ... Read more ›
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The U.S. Court of Appeals for the D.C. Circuit denied TikTok’s request on Friday for a temporary halt to the law that would ban the social media app in the U.S. The court said that TikTok did not show a legal precedent for receiving an injunction in its position, and TikTok could request an ... Read more ›
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Liquid AI, which is developing a new approach to building generative artificial intelligence models, announced Friday that it had raised $250 million in Series A funding, led by chipmaker AMD. The round values the startup at $2.3 billion, Bloomberg reported. That’s smaller than the $300 million, ... Read more ›
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Suchir Balaji, who spent nearly four years at OpenAI before leaving and accusing the company of copyright violations, was found dead at his apartment in San Francisco late last month, the San Francisco Police Department told the Mercury News. He was 26. Balaji, who said he had helped OpenAI ... Read more ›
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This week on More or Less: Sora reveal, Google's AI agents and digital trade under Trump. Apple Spotify YouTube Read more ›
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Broadcom CEO Hock Tan wants some of Jensen Huang’s limelight. Stock of the chip and software firm rocketed 24% on Friday, the day after Tan claimed that the company had a “massive” opportunity in artificial intelligence chips over the next three years. Speaking on an earnings call on Thursday night, he said Broadcom had three customers whose AI chip road map implied a potential market of between $60 billion and... Read more ›
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The U.S. effort to stop China from accessing the best American-made artificial intelligence chips is expanding geographically. American officials are preparing to restrict the number of advanced AI chips made by firms such as Nvidia from being sold in regions such as the Middle East and ... Read more ›
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OpenAI on Friday hit back at Elon Musk, who co-founded the artificial intelligence developer but is now its biggest antagonist. Two weeks after Musk asked a court to stop OpenAI from converting itself to a for-profit enterprise from a nonprofit, OpenAI has responded with claims that Musk not ... Read more ›
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Worship at Epic Church in downtown San Francisco last Sunday began in a darkened room, on the second floor of a former factory building. The shades were drawn across the tall windows, while colored lights cast a theatrical glow on a band that sounded a bit like Arcade Fire—if Arcade Fire made worship music. A mostly millennial congregation swayed to the harmony, a sea of Apple Watch–clad arms raised to... Read more ›
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A judge in California ruled that a former engineering manager for TikTok’s parent ByteDance, who alleged in 2022 the company had operated as a “useful propaganda tool” for the Chinese Communist Party, had “engaged in serious, bad faith conduct that has abused the judicial process.” The judge, ... Read more ›
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Direct-to-consumer retailers burned by higher digital ad prices over the past three years have grown desperate to reduce their dependency on Meta Platforms. So this fall, when mobile game giant AppLovin started letting retail brands buy ads that run within games like Legend of Slime and Sushi Roll 3D, the results seemed almost too good to be true. Marketing firm Haus, which works with brands including Athletic Greens, Jones Road... Read more ›
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Runway, which develops artificial intelligence to enable customers to generate and edit video, expects to reach $84 million in annualized revenue this month, up from $28 million in June, according to a person who has seen the startup’s financial information. It expects annualized revenue to ... Read more ›
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The U.S. Department of Justice late Wednesday asked a federal appeals court to reject TikTok’s request for an injunction to halt a law that would ban the U.S. version of the app if it doesn’t find a buyer. The Justice Department argued that the Supreme Court should review the request, not the ... Read more ›
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25.03.2026 07:36
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