Norwayâs sovereign wealth fund plans to vote against Teslaâs proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was âconcerned about the total size of the award, dilution, and lack of mitigation of key person risk.â The ... Read more âș
81
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 âș
0
Machine learning conferences used to be about pushing boundaries and thinking outside the box. These days, theyâre 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 âș
1
Social media platforms such as Pinterest, TikTok and LinkedIn are trying a new tack to gain a bigger share of digital advertisingâgetting news outlets and other publishers to help them sell ads. Pinterest, for instance, is testing a new program through which publishers would be able to sell advertising on their Pinterest pages using the companyâs computerized ad-auction system, according to Jeremy Jankowski, head of media companies and publishing in... Read more âș
39
Appleâs artificial intelligence features wonât be ready for this yearâs launch of iOS 18 and could be delayed by several weeks to October, Bloomberg reported. The delay underscores the short timeline Apple has had to work on its new AI features, which began in early 2023. Apple tends to make ... Read more âș
0 newcommer
Appleâs artificial intelligence features wonât be ready for this yearâs iPhone launch and could be delayed by several weeks to October, Bloomberg reported. The delay underscores the short timeline Apple has had to work on its new AI features, which began in early 2023. Apple tends to make major ... Read more âș
0
Chinese artificial intelligence startup Zhipu AI launched a new AI video generator, as the countryâs tech giants and startups are in a race to release text-to-video AI models similar to OpenAIâs Sora. Zhipuâs text-to-video AI model, Ying, allows users to generate a six-second video, and it takes ... Read more âș
19
The U.S. Department of Justice said in a court filing that TikTok collected user data on sensitive topics such as gun control, abortion and religion, and made such information accessible to China-based employees of the appâs parent company, ByteDance. The accusation was part of the Justice ... Read more âș
0
Donald Trump on Saturday gave his full-throated support to the cryptocurrency industry, saying he would fire Gary Gensler, chair of the Securities and Exchange Commission, and create a âstrategic national bitcoin stockpileâ in a second presidential term. In a speech in Nashville at the Bitcoin ... Read more âș
6
Vice President Kamala Harris has more support among The Information readers than President Joe Biden did before he dropped out of the presidential race, according to our latest survey. Asked who they would vote for if the election were held today, survey respondents favored Harris over former President Donald Trump 76% to 19%. In a similar survey a week earlier, readers favored Biden over Trump 59% to 27%. Nearly 1,900... Read more âș
0
Welcome, Weekenders! In this newsletter:âąÂ The Big Read: A lawyer who thinks social media and asbestos have a lot in common âąÂ The Top 5: New water toys that tech moguls loveâąÂ Power and Influence: Kamala Harrisâ Silicon Valley hive is fired upâąÂ Revisiting: The Parker ConradâDavid Sacks feud âąÂ Plus: What eels say about planet Earth; a voyeurâs (nearly real-time) bacchanal; and a chance to stop and snap the... Read more âș
2
Look past Crissy Field on the Presidio shoreline, and you might spot Ariel Poler, co-founder of Reveri Health, and some of his friendsâ10 to 20 small sails dotting the San Francisco Bay, riding a cargo shipâs wake. Theyâre not kitesurfing or windsurfing: Theyâre wing foiling. Itâs a new water sport thatâs made a real splash over the past couple of years, with wing foilers like Poler eagerly scrambling atop what... Read more âș
10
This week on More or Less, we took a deep dive into Mark Zuckerberg's latest open source AI crusade and what's missing from the strategy. Plus, the Morins school the Lessins on Brat and all the latest in pop culture. Hope you enjoy! Apple Spotify YouTube Read more âș
0
David Zaslav may be persona non grata the next time he shows up to an NBA game. Warner Bros. Discovery, which Zaslav runs, filed suit Friday against the league over its rejection of WBDâs offer to renew its longstanding deal to air NBA games. Whatever the merits of WBDâs argument, this doesnât seem likely to end well for Zaslav.The fundamental issue he faces is that sports leagues have all the... Read more âș
0
Logistics startup Stord is acquiring the e-commerce fulfillment services operations of publicly traded shipping services company Pitney Bowes, according to an internal memo sent to Pitney Bowes staff. Itâs the second acquisition so far this year by the Kleiner Perkinsâ and Founders Fundâbacked startup, which aims to help merchants better compete with Amazon on speedy shipping and has been trying to scale up faster by buying up established fulfillment operations. Read more âș
9
Warner Bros. Discovery has filed a lawsuit against the NBA, arguing that the league violated its existing media rights contract with WBD by rejecting the companyâs proposal to match the rights that were awarded to Amazon in the leagueâs new deals that begin in 2025. The NBA signed 11-year deals ... Read more âș
0
In January, after members of the Senate Judiciary Committee had spent hours grilling tech CEOs about their platformsâ effects on children, Missouri Sen. Josh Hawley pounced on Meta Platforms CEO Mark Zuckerberg. Hawley, a Republican firebrand and a vocal tech critic, accused Zuckerberg of ignoring internal company data that suggested Metaâs Instagram made life worse for some teenage girls and exposed them to unwanted sexual advances and nudity. He then... Read more âș
0
In the world of online lenders, Enova International stands out. It has been growing rapidly, lending more money last year than ever before even as rising interest rates caused competitors to cut back. Meanwhile, Enova executives have repeatedly argued the companyâs stock was âundervalued,â and the company has spent heavily on buying back its stock. Enovaâs growth continued into the second quarter, it reported on Tuesday, when new loans grew... Read more âș
2
DoorDash is doubling down on its push to deliver more than just takeout noodles and late-night fast food. The company has hired an Amazon veteran and current Flexport executive, Parisa Sadrzadeh, as vice president of strategy and operations, a spokesperson confirmed. Her hire will help boost DoorDashâs efforts to deliver more types of goods through its app and to provide logistics and other services for retailers that sell on their... Read more âș
0
Quick quiz: Which part of Googleâs business has declined for eight straight quarters? If you guessed the Google network businessâwhich sells advertising on other companiesâ websitesâyou deserve an A in Google-nomics.In the second quarter, reported on Tuesday, Google reported that revenue from the network operation shrank 5% even as ad sales on its own properties (search and YouTube, primarily) rose 13.7%. This continues a steady trend: Over the past 18... Read more âș
0
While weâre more than three months away from the election, there is no shortage of political squabbles, monologuing and grandstanding in every corner of Silicon Valley. I checked in with one of techâs most outspoken Democrats, Reid Hoffman, who plans to co-host or host a fundraiser for Vice President Kamala Harris as soon as September, according to a person close to him. Hoffman declined to discuss that event but said... Read more âș
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15.11.2025 17:22
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