Welcome, Weekenders! In this newsletter:• The Big Read: The brains behind Bernie’s AI sovereign wealth fund? A Silicon Valley law professor • The Takeaway: How I learned to love Mark Rober• E-commerce: The fast-growing Thiel-backed startup defying a creator economy slowdown• Plus, Recommendations—our weekly pop culture picks: “Foul Play,” “The Feather Wars” and “Portobello”A couple days ago, I snagged a red-hot invite: David Holz, the Midjourney founder, was throwing a... Read more ›
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Databricks said Tuesday that it has raised $8.6 billion in funding at a $62 billion valuation, with plans to raise $10 billion total—a higher-than-expected amount that will alleviate pressure on the data analytics software firm to go public in the near term. The funding round, one of the largest ... Read more ›
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Taiwan is in talks with Amazon about using its Project Kuiper satellite internet service, a Taiwanese official told multiple media outlets on Tuesday. The deal could help Taiwan preserve communications if it were attacked by China, similar to Ukraine’s use of SpaceX’s Starlink service. Taiwan’s ... Read more ›
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Many of you may not have heard of Talkie, a competitor to Character.AI in providing personalized artificial intelligence chatbots.But Talkie, developed by Chinese firm MiniMax, is one of the most-downloaded AI apps in the U.S., according to multiple firms that track downloads. Its core base of users is young people, many of whom use the app for intimate conversations with fictional characters or fictional versions of celebrities such as Selena... Read more ›
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Ned Segal, the former CFO of Twitter, will serve as San Francisco’s chief of housing and economic development, Mayor-elect Daniel Lurie was set to announce Tuesday. “For too long, it’s been too hard for companies and families to thrive in San Francisco, and we’ll know that we’ve been successful ... Read more ›
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As the U.S. restricts China’s access to American technology, Beijing is striking back—with antitrust reviews of both ongoing and long-completed acquisitions. The Chinese antitrust regulator’s decision a week ago to investigate Nvidia for alleged violations of antitrust rules in relation to its 2020 purchase of Mellanox Technologies is likely to be the first of a series of such reviews by the Chinese government, according to three people familiar with Chinese... Read more ›
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Is Nvidia’s great bull run over? For the moment, at least, it seems so. Even as other big tech stocks have been riding the wave of bullish sentiment in recent weeks—shares of Apple, for instance, hit $251 on Monday, giving it a market capitalization of $3.8 trillion—Nvidia stock has been going in the opposite direction. On Monday it was down 1.7% to $132, which means it has now fallen 11%... Read more ›
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President-elect Donald Trump said on Monday Japanese telecom company SoftBank Group planned to invest $100 billion in the U.S. over the next four years of his administration. The proposed investment is expected to create at least 100,000 jobs in strategic fields like artificial ... Read more ›
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For three years, venture capitalists struggled to return cash to their investors. In 2025, many believe the dam is about to break. With more than a dozen tech startups on track to list publicly next year, early and large investors in companies including Klarna, Chime and CoreWeave will have the opportunity to cash out their shares. Below, we list the VC firms and investment partners who are likely to have... Read more ›
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TikTok CEO Shou Chew was scheduled to meet with President-Elect Donald Trump at his Florida club Mar-a-Lago on Monday, CNN reported. Earlier the same day, TikTok asked the Supreme Court to temporarily halt a U.S. law that could ban the app on Jan. 19. At a press conference on Monday, Trump ... Read more ›
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TikTok on Monday asked the Supreme Court to temporarily halt a U.S. law that could ban the app early next year. The move is a last-ditch effort by TikTok to prevent the law from going into effect, following a federal court’s decision on Friday to deny the company’s request for an injunction. The ... Read more ›
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Meta Platforms has named advertising-product lead John Hegeman as the company’s new chief revenue officer and Justin Osofsky, who oversees Meta’s work with small businesses, as the head of partnerships and business development, a Meta spokesperson confirmed. The changes come as Meta puts ... Read more ›
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Amazon’s health and safety staff recommended the company relax work quotas for warehouse workers due to elevated injury rates, but company leadership ignored them, according to an investigation by a U.S. Senate committee published Sunday. Two internal Amazon studies—Project Soteria and Project ... Read more ›
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Crypto company Ripple said its new stablecoin Ripple USD will launch on Tuesday, after receiving approval from the New York Department of Financial Services last week. The stablecoin, called RLUSD and pegged to $1, will be available on crypto trading platforms and payment services including ... Read more ›
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AI-generated video seems to be having somewhat of a renaissance this month: OpenAI released its long-awaited Sora video model last Monday and startup Pika released an updated version of its video AI on Friday.Still, the question remains as to whether video model developers can make money off such tools, especially given how expensive and finicky they can be to run. (OpenAI, for instance, suspended signups to Sora last week due... Read more ›
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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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23.06.2026 11:22
Last update: 11:15 EDT.
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