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
Pinterest reported 17% revenue growth to $998 million, above the upper end of the company’s guidance. Global monthly active users also expanded 11%. The company said Gen Z has grown to over half of its user base. The company nearly doubled free cash flow to $197 million. On an earnings ... Read more ›
0
In November, Europe’s struggling home-grown battery champion, Sweden-based Northvolt, began to sell off assets in an effort to raise cash and pay off debt. It started with its northern California electric aviation battery subsidiary. Last month, it sold off its Poland-based stationary storage factory. And today, Northvolt said it had sold its remaining crown jewels—its battery factories and labs in Sweden and Germany. In all three cases, the surprising acquirer... Read more ›
3
Meta Platforms has acquired WaveForms AI, a small startup working on artificial intelligence capable of understanding emotion and mimicking it in audio form, according to a person with direct knowledge. The acquisition comes as Meta continues to overhaul its efforts in AI, after stumbles earlier this year. In June, the social media giant hired Scale AI CEO Alexandr Wang as its chief AI officer and agreed to invest $14.3 billion... Read more ›
37
Snap’s stock plunged this week after reporting lackluster second-quarter results. But some investors still see reasons to be bullish about the company.Sasha Kaletsky, managing partner of early-stage venture firm Creator Ventures, said the Snapchat parent company has invested “incredibly aggressively” in Spotlight, its TikTok competitor, which now makes up 40% of content watch time on the app. He also pointed to surging usage of its paid subscription offering, Snapchat+, which... Read more ›
1
President Trump signed executive orders aimed at stopping banks from withdrawing services from customers for their political or religious beliefs, and another that seeks to allow 401(k) holders to invest in alternative assets such as cryptocurrencies and private equity. The orders, signed ... Read more ›
0
Guggenheim Securities is hiring long-time equity research analyst Joel Fishbein as an investment banker focusing on advising companies in the software sector, according to a person familiar with the matter. Fishbein was most recently a managing director and software equity research analyst ... Read more ›
0
OpenAI unveiled its new flagship AI model, GPT-5, on Thursday. And with the launch, OpenAI seems to be moving more towards offering an entire AI system to its customers versus giving them the choice between models. The company said during a live-streamed presentation that it would be withdrawing user access to its older models, meaning that customers won’t be able to choose between models depending on how much they want... Read more ›
107
OpenAI is paying bonuses to around 1,000 employees on its technical research and engineering teams, or about a third of the company, ranging from the low hundreds of thousands to millions, as the company gears up to release its latest flagship GPT-5 model and faces an ever-rising battle for AI ... Read more ›
0
President Donald Trump has called on Intel CEO Lip-Bu Tan to resign from his position, claiming he has conflicts of interest and “there is no other solution to this problem.” Trump did not provide any evidence to support his claim. Tan was appointed as CEO of Intel in March. The president’s ... Read more ›
5
Warner Bros. Discovery’s second quarter earnings, released on Thursday, demonstrated why the film and TV company is breaking in two. Its streaming and studios division reported 13% higher revenues of $5.2 billion, while its “global linear networks” segment—cable channels—reported a 9% drop in ... Read more ›
0
Before we get to today’s column, OpenAI is set to release its latest flagship model, GPT-5, later Thursday morning.We may have taken some of the wind out of the launch’s sails thanks to our reporting in recent weeks on how GPT-5 came together and what you can expect from the model (sorry OpenAI!), but there’s still lots to look forward to with the release later today. Specifically, I’m interested in... Read more ›
9
President Donald Trump’s plan to impose 100% import tariffs on semiconductors is unlikely to affect the advanced chips designed by Nvidia and big U.S. tech firms for artificial intelligence. But depending on how the tariffs are applied, they could raise the cost of older chips which power a wide range of consumer goods, from home appliances and automobiles to consumer electronics and industrial tools. Trump said the 100% chip tariffs... Read more ›
0
David Ellison’s Skydance Media has taken control of Paramount Global, ending the Redstone family’s decades-long run with the aging entertainment company and thrusting the family of Oracle founder Larry Ellison more deeply into Hollywood. The renamed Paramount Skydance will be controlled by ... Read more ›
0
At Replit, a maker of artificial intelligence–powered programming tools, the launch of a new coding agent last September put its sales into overdrive. Annualized revenue at the startup surged to more than $32 million in February from a measly $2 million last August. In July 2025, it hit $144 million, according to a person close to the company. But its potential to become profitable is another story. As revenue has... Read more ›
0
Shares of Taiwan Semiconductor Manufacturing Co. and South Korea’s Samsung Electronics and SK Hynix closed higher on Thursday, as all the companies appear to emerge unscathed in President Donald Trump’s proposed 100% tariffs on all imported semiconductors. TSMC, the world’s largest chipmaker ... Read more ›
0
For just a minute, can we put aside relentless fundraising from artificial intelligence startups? Let’s give some airtime to the gig economy firms of an older generation of startups that are now minting the kind of money these newer firms can only dream about. Yes, we’re talking about the second-quarter numbers out Wednesday from Uber, DoorDash, Lyft and Airbnb, which between them generated $4.2 billion in free cash flow in... Read more ›
0
Mobile ad tech firm AppLovin continued to report gangbusters growth in the second quarter, posting 77% higher revenue of $1.26 billion, above the upper end of the company’s guidance. AppLovin has been on a growth tear lately, so much so that it even started getting under the skin of Google, the ... Read more ›
0
Elon Musk’s X is using parent company xAI’s Grok artificial intelligence tools to handle more of the social media site’s advertising business, Musk and other xAI executives said Wednesday. X is using Grok to improve targeting based on user data, Musk and xAI’s head of ads engineering Roman ... Read more ›
46
DoorDash’s revenue growth accelerated to 25% in the second quarter, the food-delivery firm reported on Wednesday, as gross-order volume growth also picked up. Meanwhile, DoorDash reported an operating profit of $163 million, compared with an operating loss of $201 million a year earlier. ... Read more ›
0
President Donald Trump said Wednesday that he will impose tariffs of about 100% on chips imported into the country, although the charge will not apply to companies who are “building” in the United States including Apple. “We’re going to be putting a very large tariff on chips and semiconductors, ... Read more ›
0
Most popular sources
Business Insider
|
23% 6 |
MacRumors
|
11% 8 |
Gizmodo
|
9% 2 |
Tom's Hardware
|
8% 1 |
CNET
|
6% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
31.10.2025 14:31
Last update: 14:25 EDT.
News rating updated: 20:23.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.