Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startup’s $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more ›
64
Cloud security firm Netskope, the latest enterprise software firm to prepare a public offering, showed sales that grew 31% to $171 million in the quarter that ended in July. The newly unveiled IPO filing showed a net loss of $90 million in the same quarter. The company, founded in ... Read more ›
0
TikTok is planning to lay off hundreds of staff in London working on content moderation and security as it outsources more of these efforts to artificial intelligence, The Financial Times reported. U.K. employees in the ByteDance-owned company’s trust and safety department received an email on ... Read more ›
0
The rise of artificial intelligence has turned the software industry into a minefield for investors. To address the risks, some are relying more on a metric known as net revenue retention to pick winners and avoid losers. In its simplest form, NRR, also known as net dollar retention, compares annual revenue from a year ago to now. The number can be useful, with one big caveat. There is no set... Read more ›
0
For nearly as long as Evan Spiegel has run Snap Inc., his big bet has been on Spectacles, the company’s augmented reality glasses. All together, he has poured $3 billion into the effort—a fraction of what Mark Zuckerberg at Meta Platforms has invested in wearable technology, but a major expense for a company of Snap’s modest size. Spiegel still hasn’t seen a blockbuster hit. Spiegel may be ready to ask... Read more ›
0
Nvidia has told some of its component suppliers to suspend production work related to the H20, its chip tailor-made for the Chinese market, The Information reported. The directive comes weeks after the Chinese government told local tech companies to stop buying the chips due to alleged ... Read more ›
0
Japanese financial services conglomerate SBI Holdings is teaming up with Singapore blockchain firm Startale Group to build a new trading platform for tokenized stocks—digital assets backed by shares in publicly traded companies. Tokyo-based SBI, which oversees more than 11 trillion yen ($74 ... Read more ›
0
Elon Musk talked with Mark Zuckerberg about Meta Platforms potentially backing Musk’s $97 billion bid for OpenAI’s assets, according to a legal filing. While Meta and Zuckerberg did not sign onto Musk’s bid, Musk said that he had communicated about “potential financing arrangements or ... Read more ›
0
Some companies should never go public—or maybe even exist. Rent the Runway might be in that group. The clothing-rental subscription service—one of a bunch of mid-sized online shopping companies to go public in recent years—says its mission “is to power women to feel their best every day.” How about trying to make money? After years of steady losses, funded in part with debt, time is running out for the company.... Read more ›
0
Nvidia has told some of its component suppliers to suspend production work related to the H20, its chip tailor-made for the Chinese market, according to two people with direct knowledge of the communications. The directive comes weeks after the Chinese government told local tech companies to stop buying the chips due to alleged security concerns, The Information previously reported. The production halt signals that despite the Trump administration’s decision to... Read more ›
0
Crusoe, the developer of a massive OpenAI data center in Abilene, Texas, has been talking to investors about raising at least $1 billion at a $10 billion valuation, or more than three times its last valuation fetched late last year, The Information reported on Thursday. The firm wants to use the ... Read more ›
0
OpenAI has been quietly using Google search data to power results in ChatGPT, which aims to replace Google’s search engine among consumers and businesses, The Information reported. OpenAI uses data from SerpApi, which scrapes Google search results, according to the report. SerpApi has ... Read more ›
0
Google has struck a major cloud computing deal with Meta Platforms, The Information reported. As part of the agreement, the social media giant will use Google Cloud’s servers, storage, networking and other services. The deal—worth more than $10 billion over six years—is one of the largest known ... Read more ›
0
Over the last two years, several ex-OpenAI employees have left to found new startups. Now some former researchers at the ChatGPT maker are starting venture funds, extending a history of alums from buzzy startups who jump into investing. The latest example of this is Zero Shot Fund, started this summer by a group of former OpenAI employees who worked on research and engineering. The firm is targeting $100 million for... Read more ›
0
Google has struck a major cloud computing deal with Meta Platforms, according to two people familiar with the matter. As part of the agreement, the social media giant will use Google Cloud’s servers, storage, networking and other services, one of the people said. The deal—worth more than $10 billion over six years, the person said—is one of the largest known agreements in Google Cloud’s 17-year history. It comes after Meta... Read more ›
0
Snowflake CEO Sridhar Ramaswamy isn’t impressed that Databricks is raising a new funding round at a valuation of more than $100 billion, co-led by existing investor Thrive Capital and additional investors that haven’t yet been revealed. In a companywide email Wednesday, which The Information has ... Read more ›
0
President Donald Trump signed an executive order on Thursday establishing a “national design studio” that will focus on improving government websites and physical spaces and plans to appoint Joe Gebbia, Airbnb’s co-founder, to oversee it, Bloomberg reported. Trump will appoint Gebbia to be the ... Read more ›
0
As it tries to unseat Google, OpenAI is relying on search data from an unlikely source: Google. OpenAI has been using Google search results scraped from the web to help power ChatGPT responses, according to two people with knowledge of it. Read more ›
0
Anthropic is in talks to raise as much as $10 billion, double the amount it was previously seeking, according to two people with knowledge of the matter. The company has been in fundraising discussions with investors for raising at a $170 billion valuation, up from a $58 billion-valued ... Read more ›
0
TikTok Shop, the short-form video app’s e-commerce platform, made a big splash nearly two years ago when it first launched in the U.S. Even though it’s reduced the initial deep discounts for shoppers and sellers, quieting some of the initial buzz over the service, some startups are still betting TikTok’s social shopping features will grow.One is Conduit Commerce, which is coming out of stealth this week and recently acquired the... Read more ›
0
Two out of three subscribers to The Information who responded to a survey have taken a ride in a self-driving car—and nearly 99% of riders were satisfied with the experience. The survey results are the latest confirmation that after years of development and testing, self-driving cars are finally revving up. Read more ›
0
Most popular sources
Business Insider
|
35% 19 |
Gizmodo
|
8% 5 |
The Verge
|
8% 10 |
Tom's Hardware
|
6% 11 |
Ars Technica
|
5% 0 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
30.10.2025 15:14
Last update: 15:05 EDT.
News rating updated: 21:01.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.