Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
81
Amazon’s healthcare business lost about $1.3 billion on $2.5 billion in revenue in 2023, according to internal figures and projections reported by Business Insider. Amazon has never publicly broken out financials for the healthcare business, which includes One Medical, the primary care provider ... Read more ›
0
OpenAI began releasing its voice-based artificial intelligence, which allows customers to speak with ChatGPT, to a small group of paying subscribers, with plans for a wider release in the fall, the company said Tuesday. The move comes a month after OpenAI said it would delay the release of the ... Read more ›
0
Meta Platforms has scrapped its first high-profile foray into consumer artificial intelligence—chatbots played by celebrities and social media influencers such as Charli D’Amelio, MrBeast and Paris Hilton. The reversal, less than a year after Meta launched the celebrity chatbots, shows how even the biggest tech companies haven’t figured out how to transform breakthroughs in generative AI into winning consumer products. Read more ›
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The U.S. Senate on Tuesday voted 91-to-3 to pass a landmark piece of social media privacy and safety legislation that aims to protect children from online harms. The bill, known as the Kids Online Safety and Privacy Act, or KOSPA, now moves to the House, which could take it up after lawmakers ... Read more ›
0
Berlin-based freight forwarding startup Sennder said Tuesday that it plans to acquire the European trucking brokerage business of U.S. logistics giant C.H. Robinson. The deal will double Sennder’s annual revenue to about $1.5 billion from $750 million and add about 700 new employees to Sennder’s ... Read more ›
0
The U.S.’s main product safety regulator ruled Tuesday that Amazon can be held responsible for recalling defective or dangerous goods sold by outside sellers on its marketplace, a major blow against the e-commerce giant’s argument that it merely acts as a connector between buyers and sellers. In ... Read more ›
0
Perplexity, an AI-powered search engine startup, announced on Tuesday new partnerships with news publishers including Time, Fortune and WordPress.com. As part of the multi-year deals, the publishers will receive a cut of advertising revenue each time their content is referenced in search ... Read more ›
3
To expand the market for artificial intelligence, developers must create large language models that can reason through customers’ problems, not just parrot answers based on what’s in the models’ training data.While OpenAI and Google are throwing tons of capital at developing AI that solves problems it hasn’t seen before, small startups and individuals say they’ve come up with cheap hacks to achieve some forms of AI reasoning.Many of these shortcuts... Read more ›
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The bankers, lawyers and other advisers who usher tech companies through initial public offerings have already written off 2024 as another lost year. That has put an added spotlight on which companies are taking new concrete steps to list publicly next year. The lineup is starting to take shape: Skims, the apparel company co-founded by Kim Kardashian, is preparing to interview banks to lead an initial public offering that could... Read more ›
0
U.S. lawmakers earlier this month were prevented from meeting with G42, the Abu Dhabi-based technology conglomerate, while on a visit to the Middle East, Reuters reported. The canceled meetings, which would have included Emirati officials, happened a week after several Republican congressmen ... Read more ›
0
TSMC, the world’s largest chip manufacturer, will break ground on its first factory in Europe next month, Nikkei Asia reported. The company is responding to pressure from customers and governments to diversify its operations beyond Taiwan as a hedge against natural disasters and trade conflicts. ... Read more ›
22
TikTok is discussing a plan to launch a data center in Australia, ensuring it has enough computing capacity to support its growth in the Asia Pacific region, according to two people with knowledge of the plan. TikTok is counting on its global business to keep expanding even as it grapples ... Read more ›
0
Graphic design firm Canva is buying a startup that uses artificial intelligence to generate images, a deal that aims to keep the company competitive with rival Adobe. Canva said it will use technology from the startup, Leonardo.ai, for an AI product that lets customers generate visuals such as ... Read more ›
0
U.S. lawmakers earlier this month were prevented from meeting with G42, the Abu Dhabi-based technology conglomerate, while on a visit to the Middle East, Reuters reported. The canceled meetings, which would have included Emirati officials, happened a week after several Republican congressmen ... Read more ›
1
U.S. revenue at X, formerly known as Twitter, fell 53% in the second quarter from a year earlier, to $114 million, as CEO Linda Yaccarino tries to woo back advertisers to the site who fled after Elon Musk bought it in 2022, The New York Times reported. The company aims to bring in $190 million ... Read more ›
0
I just spent a relaxing week at the beach that started in turmoil: Mine was one of more than 3,500 Delta flights canceled as a result of a CrowdStrike-sparked outage that also shut down hospital, bank and courthouse systems. While Delta’s still on the hot seat with transportation regulators, Wall Street seems to have largely forgiven CrowdStrike—though the stock’s after-hours drop Monday show how skittish investors can be. Read more ›
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Apple’s artificial intelligence features will not be ready when the iPhone maker launches new phones and software in September, Bloomberg reported. Apple plans to release Apple Intelligence to consumers in October, according to the report, which said the additional time is intended to give the ... Read more ›
0
Humane, the maker of a wearable device that aimed to replace smartphones, has told investors that former Cisco CEO John Chambers is joining its board of directors, according to two people with knowledge of the decision. The move came after the six-year-old San Francisco startup recently considered a sale after reviewers panned the device, and it has been in talks to raise debt from its current investors that would later... Read more ›
0
Amazon-owned livestreaming site Twitch generated about $667 million in advertising revenue and $1.3 billion in commerce revenue in 2023, the Wall Street Journal reported on Monday. That means the unit, which Amazon acquired for about $1 billion a decade ago, makes up less than 0.5% of ... Read more ›
0
Machine learning conferences used to be about pushing boundaries and thinking outside the box. These days, they’re focused on practicality and helping businesses cut the cost of running artificial intelligence.Take the International Conference on Machine Learning, or ICML, in Vienna last week, where the desire to lower AI costs seemed front of mind, some attendees told me.On the bright side, much of this research is cheaper to do than building... Read more ›
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Most popular sources
Business Insider
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30% 0 |
Gizmodo
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8% 3 |
Tom's Hardware
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8% 0 |
CNET
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7% 5 |
Android Authority
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7% 4 |
| View sources » | |
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15.11.2025 15:19
Last update: 15:11 EDT.
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