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 ›
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President Joe Biden dropped out of the presidential race on Sunday, after weeks of intensifying pressure from a range of powerful Democrats. His decision leaves open the question who will replace him as the Democratic candidate to take on former president Trump. In a letter posted on X, Biden ... Read more ›
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Welcome, Weekenders! In this newsletter:Dawn of the Silicon Valley superbabyNew tech mogul must-have: a Jensen jacket Plus: A witty, extremely online weatherman; the ladies at Luxor; and Nicolas Cage goes Hannibal.Elon Musk is pledging to leave California—and to take his companies with him. As with many Musk declarations, his vow seems more performative than substantive. On Tuesday, Musk said he planned to relocate SpaceX’s and X’s headquarters from the Golden... Read more ›
0
A statement leather jacket is arguably one of the most fundamental pieces in any wardrobe. Just ask Jensen Huang. It’s close to impossible to find a photo of the Nvidia CEO from the last decade in anything other than a black classic zip-up or a more lightweight café racer-style jacket. He occasionally gets a little more adventurous—and recently was spotted in what appears to be a lizard-embossed jacket from Tom... Read more ›
0
Venture capitalist Michael Moritz, the former leader of Sequoia Capital and a top Democratic donor, has joined growing calls for President Biden to step out of the 2024 presidential race. Moritz said that Biden must choose between “vanity or virtue” in an email to The New York Times, which ... Read more ›
0
Parisa Sadrzadeh, a key Flexport executive overseeing the company’s fulfillment business, is leaving the company, a Flexport spokesperson confirmed Friday. Flexport, which had focused mainly on ocean and air freight, bought most of Shopify’s fulfillment arm last summer, touting the deal as a way ... Read more ›
0
The massive computer outage on Friday that grounded airlines and caused other kinds of havoc around the world won’t do anything for the public’s trust in tech. And it’s certainly bad news for CrowdStrike, which otherwise has been a highflier in cybersecurity. CrowdStrike stock dropped 10% today. For more on that episode, see our story here.On a different subject entirely, news out this week shows just how much the killer... Read more ›
0
CrowdStrike has long dominated the market for cloud-based software meant to protect customers’ networks from hackers, known as endpoint detection. But a botched software update on Friday that brought businesses from airlines to banks to a screeching halt may loosen the $74 billion market capitalization company’s grip on those customers. Several Fortune 100 corporations are considering switching to other antivirus software vendors, according to a chief information security officer at... Read more ›
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Early in this episode, Dave raised an interesting question: Why is it that many of the tech leaders who support Trump worked at PayPal? This week, the gang shares what we are hearing through the backchannels about this fascinating moment. I hope you enjoy. Apple Spotify YouTube Read more ›
0
Ryan Selkis, the founder of crypto analytics firm Messari, said he is stepping down from his CEO role and transitioning to a senior advisor, after making a series of tweets attacking opponents of Donald Trump. Selkis said on X Friday that his politics and rhetoric has put his team in harm. ... Read more ›
0
Parisa Sadrzadeh, a key Flexport executive overseeing the company’s fulfillment business, has left the company, a Flexport spokesperson confirmed Friday. Flexport, which had focused mainly on ocean and air freight, bought most of Shopify’s fulfillment arm last summer, touting the deal as a way ... Read more ›
0
CrowdStrike stock fell 9% on Friday morning, after a flawed software update by the cybersecurity firm triggered a major global tech outage that affected banks, airlines, broadcasters and other businesses. CrowdStrike’s faulty update caused Windows computers around the world ... Read more ›
0
Former President Donald Trump’s reaction to being shot was “badass,” Meta Platforms CEO Mark Zuckerberg told Bloomberg in an interview. But Zuckerberg said he wouldn’t endorse either Trump or President Joe Biden and that he was not planning to play “a significant role” in the upcoming election. ... Read more ›
0
When venture capitalist Jack Abraham first began dating his wife, Gabriella Massamillo, he insisted on one condition: that when they were ready to have children, she’d be willing to conceive using in vitro fertilization. Abraham had lost both his mother and his aunt at a young age to ovarian cancer, linked to a rare mutation in their BRCA-1 genes. As a carrier of the mutation, he didn’t want to leave... Read more ›
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Former President Donald Trump’s reaction to being shot was “badass,” Meta Platforms CEO Mark Zuckerberg told Bloomberg in an interview. But Zuckerberg said he wouldn’t endorse either Trump or President Joe Biden and that he was not planning to play “a significant role” in the upcoming election. ... Read more ›
6
Crypto trading firm Wintermute Trading is in talks with Chinese internet giant Tencent Holdings and others to raise money at a valuation of about $2 billion, according to investors with knowledge of the process. The deal talks are in flux and details still need to be finalized, the investors ... Read more ›
0
It wasn't so long ago that being a supporter of Donald Trump’s presidential candidacy in Democrat-leaning Silicon Valley—or even having a loose affiliation with him—was the kind of thing that earned you dirty looks, a pink slip from an employer and stern advice to rethink your life choices. In 2016, Reed Hastings—the Netflix co-founder and a prominent backer of Democrats—told his fellow Facebook board member, Peter Thiel, that he was... Read more ›
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An update by cybersecurity firm CrowdStrike triggered a major global tech outage that affected banks, airlines, broadcasters and other businesses, CNBC and other news outlets reported. CrowdStrike’s faulty update caused Windows computers around the world to crash, with ... Read more ›
0
Broadcom shares rose 3% Thursday after The Information reported that the chip designer was talking to OpenAI about developing a new server chip for artificial intelligence. OpenAI’s chip team is led by a former member of a Google team that worked with Broadcom to make Google’s tensor processing ... Read more ›
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Forget presidential politics—let’s talk about the third season of “Bridgerton.” The fun series about romance in quasi-Regency London was a big draw for Netflix in the second quarter, the video-streaming service noted today as it reported another solid quarter. Revenue rose 17% year on year, subscriber numbers grew about the same and its cash piled up. All good? For the moment. But Netflix warned that its growth will slow a... Read more ›
0
Wintermute Trading, the crypto trading firm that has become a dominant market marker since the collapse of FTX, has been in talks to raise fresh money in a funding round, according to investors with knowledge of the process. The firm has been discussing a share sale of $100 million, with some of that money going to existing shareholders. Wintermute will also issue new shares, the people said, although the amount... Read more ›
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Most popular sources
Business Insider
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34% 9 |
Tom's Hardware
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15% 7 |
Gizmodo
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6% 0 |
CNET
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6% 3 |
The Verge
|
5% 1 |
| View sources » | |
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15.11.2025 20:52
Last update: 20:40 EDT.
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