After a brutal downturn, software startups are doing better. Airtable, an app firms use to help employees collaborate on projects, is growing at a 30% annual rate, according to Chief Financial Officer Ambereen Toubassy, and has turned cash flow positive. Toubassy said Airtable hopes to be prepared for a possible initial public offering next year. Read more ›
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If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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China’s Huawei Technologies has unveiled its latest flagship smartphone featuring a homegrown operating system designed to compete with Google’s Android and Apple. This launch marks the company’s renewed effort to penetrate China’s high-end smartphone market, a sector predominantly dominated by ... Read more ›
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Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
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Klarna has been louder than most other companies about using artificial intelligence to cut jobs and save money—part of a broader AI rebrand as the installment lender polishes itself up for a potential IPO. A fresh batch of financial details the company released today, alongside an AI-generated avatar of CEO Sebastian Siemiatkowski discussing the highlights, gave us some evidence that AI really is moving the needle for the firm.Klarna’s sales... Read more ›
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Bluesky, a microblogging platform that competes with Elon Musk’s X and Meta Platforms’ Threads, is violating the EU’s information disclosure rules, a spokesperson for the European Commission told Reuters Monday. “All platforms in the EU… have to have a dedicated page on their website where it ... Read more ›
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The Department of Justice argued on Monday that Google had monopolized the market for advertising technology, in its closing arguments in its second monopoly trial against the Internet giant. Next, the judge in the case will decide Google’s liability in the coming months. Aaron Teitelbaum, a ... Read more ›
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Shares of Zoom dropped more than 4% after its third-quarter earnings after the videoconferencing provider reported sales growth of 3.6% to nearly $1.18 billion compared to last year. But the bigger news was Zoom’s decision to change its legal name to Zoom Communications, dropping the ... Read more ›
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Elon Musk’s Neuralink said it was approved to begin testing a robotic arm that can be controlled with its brain chip implant. The company did not provide much further detail about the project. The company’s existing device has been implanted in two patients and currently allows them to control ... Read more ›
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Nvidia on Monday unveiled it was working on Fugatto, a new artificial intelligence model for generating audio based on text prompts. Fugatto, an abbreviation of Foundational Generative Audio Transformer Opus 1, can compose a new piece of music based on a text prompt, or users can upload their ... Read more ›
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Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Apple’s desire to make its products thinner could dampen sales in China if its engineers can’t overcome a design hurdle with the slim iPhone planned for release next fall—it can’t fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more ›
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Some people in the artificial intelligence industry have been skeptical about whether reasoning models such as OpenAI’s o1 represent a paradigm shift. After all, the model hasn’t gotten much usage in ChatGPT. But these skeptics may not fully understand what reasoning models are actually good for.The queries that ChatGPT typically handles won’t necessarily produce better answers through reasoning models, researchers tell me. But if you talk to hardcore scientists, things... Read more ›
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After OpenAI sparked a race this fall by releasing groundbreaking artificial intelligence known as reasoning AI, it seemed like the ChatGPT owner might run away with the market. Both Google and Microsoft scrambled to catch up with the technology, which aims to help users answer complex, multi-step questions, according to two people involved in the effort at the companies. But in the past week or so, the dynamics of the... Read more ›
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Wall Street financial services firm Cantor Fitzgerald—which is run by Howard Lutnick, Donald Trump’s nominee for Commerce Secretary—struck a deal last year to invest in Tether, the world’s biggest stablecoin issuer, receiving a stake of about 5% which the Wall Street firm valued ... Read more ›
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The Intercept can proceed with a lawsuit against OpenAI alleging that the AI firm used the news outlet’s content without permission or credit, a judge ruled on Friday. The ruling, which was first reported by The Intercept, is a step forward for news publishers which have been fighting AI ... Read more ›
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TikTok CEO Shou Chew has been in touch with Elon Musk, asking his opinions on the incoming Trump administration and tech policy, according to a Wall Street Journal report on Saturday. The report shows how TikTok management are extending efforts to avoid a ban by getting close to people around ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Teens confront a new age of facial tech • Media: The young, male digital stars using YouTube to take over podcasts• The Top 5: Best AI books of 2024• Plus: Free Adnan! Free Keiko!; revisiting Walter Isaacson’s Elon Musk tome; and a TV triumph about the Troubles.A few times a year, the big auction houses like Christie’s and Sotheby’s hold megasales, and... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
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Sex traffickers have been found forcing women to perform sex acts for streaming on Only Fans, according to a report on Reuters.  The report said it had identified 11 cases of women who reported such episodes, either to authorities or in lawsuits. Reuters cited an activist with a sex ... Read more ›
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10.06.2026 03:48
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