You have to hand it to Lina Khan. The Federal Trade Commission chair, appointed by outgoing President Joe Biden, is working until the bitter end (which is likely two months away). Bloomberg reported Wednesday afternoon that Khan had signed off on an antitrust investigation of Microsoft. That’s a big deal.Microsoft is the only one of the five big tech firms—also including Apple, Amazon, Meta Platforms and Alphabet—that has not faced... Read more ›
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We’re in the second year of an intense holiday shopping drive on TikTok. Sadly for all you bargain hunters, the dirt cheap prices that teased TikTok users a year ago are no more. But the app is still heavily promoting discounts as it’s rolled out other improvements and features, like livestreaming. As I browsed the Shop tab on TikTok this week ahead of Black Friday, my feed was an endless... Read more ›
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Sriram Krishnan, a general partner at Andreessen Horowitz and former product leader at Twitter, is leaving the firm four years after joining, according to a person familiar with the discussions. Krishnan, 41, has had discussions with Elon Musk about joining the Department of Government Efficiency, the new entity incoming President-elect Donald Trump has promised to establish, according to the same person. Read more ›
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Reid Hoffman, the billionaire venture capitalist who has been an outspoken critic of Donald Trump, is weighing a move outside the United States. In recent years, Hoffman has financed private litigation against Trump and was both a prominent donor and public surrogate for Kamala Harris. Now, ... Read more ›
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Ramp, the business card and expense software startup, is discussing selling shares held by employees and other stockholders at a price that would value it at $11 billion, two people familiar with the deal said. That price would be 35% above Ramp’s highest valuation, set in 2022—near the end of the low-interest-rate funding boom—and would extend its rebound from a down round 15 months ago. The anticipated high valuation shows... Read more ›
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OpenAI is conducting a share sale for employees to sell about $1.5 billion worth of shares to SoftBank, a person familiar with the discussions said. Employees will have until Dec 24th to decide if they want to participate in the offer, which could impact the amount of shares that are ultimately ... Read more ›
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OpenAI has a first-mover advantage in a realm known as reasoning, or artificial intelligence capable of solving complex problems with little human oversight, as we reported this week. Now, the startup is moving to cash in on that headstart by selling its reasoning model, known as o1, to corporate customers. I talked with OpenAI chief commercial officer Giancarlo “GC” Lionetti this week about how the company is looking to convince... Read more ›
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OpenAI, targeting nearly $4 billion in revenue this year, has generated the vast majority of those sales from individual consumers who pay for ChatGPT’s premium features. The company’s ability to hit its steep growth goals—as much as $100 billion in revenue by 2029—will hinge in part on its ability to sell to businesses. To get there, OpenAI’s sales team is angling to capitalize on a “paradigm shift” at large enterprises... Read more ›
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Elon Musk has honored his promise to give shareholders in X, formerly known as Twitter, shares in his AI startup xAI, the Financial Times reported. Musk had promised last year to give the X shareholders a collective 25% stake in the new company but little had been heard about that promise since ... Read more ›
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It’s a bit early to be offering predictions for 2025, but here goes anyway. Chances are very good that sometime next year we’re going to hear a bunch of complaints about newly released Apple iPhones dropping calls more often than previous models did. In other words, we’re in for a repeat of the “Antennagate” brouhaha of 2010, when similar connectivity issues on the new iPhone 4 became a big story.Assuming... Read more ›
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More new venture managers are trying to raise new funds, bucking a slump in venture capital fundraising. The latest: Michelle Volz, a partner at Andreessen Horowitz on the American Dynamism team, is leaving the firm and raising her own fund to invest in the same type of startups, according to a person with direct knowledge of the fundraising efforts.Volz is targeting $50 million for her debut fund, which will back... Read more ›
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Google proposed changes to how price comparison sites like Booking.com or Airbnb show up in search results in Europe to comply with the continent’s Digital Markets Act, in response to complaints from those sites that Google is favoring its own shopping and price comparison sites. The Digital ... Read more ›
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Meta’s text app, Threads, has gained 35 million new signups since Nov. 1, according to company spokesperson Andy Stone. Meta provided the update to Axios amid a flurry of news reports about the growth of rival text app Bluesky, which has surged in popularity in the wake of the presidential ... Read more ›
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The judge overseeing Google’s search antitrust case warned that he doesn’t want to delay the upcoming trial of remedies to deal with Google’s illegal search monopoly, now scheduled for the spring. At a status conference for the case on Tuesday, the judge said the incoming presidential ... Read more ›
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Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
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The biggest rap beef in music history now includes threats of legal action—and allegations that the most powerful music label in the world engaged in an illegal payola scheme by paying influencers to promote a hit song. The allegations illustrate the Wild West of influencer marketing, which lacks some of the enforcement mechanisms that keep other, more traditional forms of advertising in check.On Monday, lawyers representing Drake filed a legal... Read more ›
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Black Forest Labs, the German artificial intelligence startup, is in talks to raise $200 million in a funding round led by venture capital firm Andreessen Horowitz, Bloomberg reported Tuesday. That would be a substantial sum for a company as young as Black Forrest, which launched in August of ... Read more ›
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Collaboration software provider Airtable is now growing at a 30% annual rate and has turned cash flow positive, and Chief Financial Officer Ambereen Toubassy said the company hopes to be ready for a possible initial public offering next year, as we reported today. The numbers show ... Read more ›
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Don Allen Stevenson III is a former trainer for Dreamworks Animation who uses artificial intelligence tools to create videos for his 124,000 followers on Instagram, where he goes by Don Allen III. Stevenson uses the videos to showcase how he uses AI tools. In one recent video, he used 3D animation software called Cinema 4D to build an animated vortex that he superimposed on various images. He then used video... Read more ›
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Earlier this year, a string of founders left their artificial intelligence startups for Google, Amazon and Microsoft after striking licensing deals with the technology giants. Now things are reversing: some founders lately have left their startups for bigger rivals after exploring—but not inking—acquisitions.On Monday, Justin Uberti, cofounder and chief technology officer of Fixie.ai, announced he had joined OpenAI to lead its real-time AI efforts, which aim to allow people to... Read more ›
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10.06.2026 03:48
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