Is AI hurting American jobs? A bit, according to Federal Reserve Chair Jay Powell, whose comments Wednesday gave the AI fearmongers a good amount of material to work with.In a press conference, Powell said AI was âpart of the storyâ behind the worsening unemployment that prompted the Fed to lower interest rates for the second time in two months. But he was quick to also say it was ânot a... Read more âș
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OpenAI CEO Sam Altman recently declared a âcode redâ to galvanize the AI startupâs staff to make bigger improvements to its flagship product, ChatGPT. The success of that push could hinge on Nick Turley, the little-known executive who runs the OpenAI chatbot. Turley, 30 years old, came to OpenAI three years ago after stints at Dropbox and Instacart, and since that time he has emerged as one of the AI... Read more âș
0
Welcome, Weekenders! First, an exciting announcement: Amy Dockser Marcus, a Pulitzer Prizeâwinning former Wall Street Journal reporter, is joining The Information to cover health and science for Weekend. She begins next week. Amy has long chronicled those two fields, penning memorable pieces about fertility, DNA testing and how many of you badly want to live quite a long time. I canât wait to share her stories here. Goodness only knows... Read more âș
0
An earthquake shook the sporting universe this week: Serena Williams, the 23-time Grand Slam tennis champion, has taken the first step toward a potential comeback by reentering the sportâs anti-doping test pool. After news reports surfaced on Tuesday of her registration with the International Tennis Integrity Agency, Williams tried to quell speculation about a potential return to play for the first time since 2022. âOmg yall Iâm NOT coming back,â... Read more âș
6
Microsoft is in talks to design future custom chips with Broadcom, which would involve Microsoft switching its business from Marvell, another maker of custom chips, according to one person involved in the discussions. Those discussions come amid intense demand for such chips as companies like ... Read more âș
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Google cannot require partners like Apple or Samsung to distribute its generative AI products like Gemini as a condition of licensing Googleâs other apps such as Google Maps, a federal judge ruled on Friday as part of the final remedies judgment governing how Google must address its illegal ... Read more âș
0
Meta Platforms has agreed to buy Limitless, a startup developing wearable AI devices, Limitless announced Friday. The terms of the deal were not disclosed. Limitless develops a device called a Pendant that can be clipped to an article of clothing or worn on a necklace. The device records ... Read more âș
0
Texas billionaire banker Andy Beal, a big donor to President Donald Trump, is shifting the focus of one of two banks he owns to crypto. The move would ease a bottleneck that has made it difficult for the crypto industry to access the financial system. Beal is renaming Beal Bank, one of the two federally chartered banks he owns, Monet Bank, according to a regulatory approval issued by the Texas... Read more âș
6
Elon Muskâs SpaceX has told investors and financial institution representatives that it is aiming for an initial public offering in the second half of next year, according to two people familiar with the discussions. The talks come as SpaceX considers holding a sale of shares held by investors and employees that would value the company at $800 billion, double its valuation in a sale this summer, in what would make... Read more âș
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Japanese conglomerate SoftBank is in talks to acquire DigitalBridge, one of the largest publicly-traded investors in data center companies, Bloomberg reported. A deal could be signed as soon as the coming weeks, but the talks are ongoing and wonât necessarily result in an agreement, the outlet ... Read more âș
0
Microsoftâs shareholders approved the boardâs proposed compensation for CEO Satya Nadella and other top executives on Friday, raising Nadellaâs pay to $96.5 million, up from $79.1 million last year. The majority of Nadellaâs compensation will come from stock awards, while his base salary is $2.5 ... Read more âș
2
Early last year, Broadcom CEO Hock Tan decided to host what he likes to call a âcoffee chatâ with the employees of VMware, the software giant that the Broadcom CEO had recently purchased for $84 billion. The companywide meeting was Tanâs effort to introduce himself and answer questions from those employees about life at the semiconductor firm. At that time, VMwareâs Palo Alto, Calif., campus sprawled over 18 buildings and... Read more âș
2
Netflixâs $82.7 billion proposed acquisition of Warner Bros. Discovery, announced Friday morning, will likely prove a stupendous error by a management team that until now has rarely put a foot wrong. Not only is Netflix paying a huge priceâ27.5 times next yearâs expected profits, well above prevailing multiples for film and TV companiesâthe deal is likely to face severe regulatory obstacles. That suggests Netflix executives will be distracted for the... Read more âș
0
The European Union hit Elon Muskâs X with a $140 million fine on Friday, citing several issues with the design and maintenance of the social media service. Itâs the first time the EU has levied a fine under the Digital Services Act, a sweeping set of tech regulations it passed in 2022. The EU ... Read more âș
0
The New York Times sued Perplexity this morning for copyright infringement, joining a mounting pile of lawsuits against the AI search startup. Amazon, Reddit and Wall Street Journal-owner Dow Jones have all sued Perplexity for allegedly accessing their sites unlawfully. The Chicago Tribune ... Read more âș
0
Netflix is to buy Warner Bros Discoveryâs studio and streaming operations for $82.7 billion in cash and stock, combining the worldâs biggest streaming service with one of Hollywoodâs iconic film studios and the HBO Max service. The deal wonât close for at least a year and before it does, WBD ... Read more âș
0
Tim Cook has been CEO of Apple for nearly 15 years, during which time he has achieved the highly improbable: After replacing an iconic founder, Steve Jobs, Cook transformed Apple into one of the top three most valuable companies in the world. Why, then, are some in his orbit already talking about who could replace him as CEO? Senior employees at Apple are so sure of the likelihood of big... Read more âș
0
Warner Bros. Discovery has entered into exclusive talks to sell its film and TV divisions and streaming service to Netflix, Bloomberg reported. The move would represent a seismic shift in the media landscape by combining the worldâs most popular streaming service with one of Hollywoodâs most ... Read more âș
0
To a casual observer, OpenAI and Anthropic might have appearedâuntil recentlyâto be the Uber and Lyft of the AI world, with Anthropic the distant rival to the dominant OpenAI. That feels to be less the case nowadays. In fact, Anthropicâwith its disciplined focus on serving businesses and expectations it will turn a profit several years before OpenAI doesâis starting to look like a surer bet. Anthropic CEO Dario Amodeiâs appearance... Read more âș
2
For years, there has been speculation about when $100 billion-plus private tech companies like Stripe, SpaceX and Databricks could go public. Now AI darlings OpenAI and Anthropic are on IPO watch. Like every company that takes on significant venture capital, both companies have had early conversations with financial institutions about the possibility of eventually going public, according to our sources. âTalk of a potential IPO or other exit someday helps... Read more âș
1
Last week, Gap Inc. launched a chatbot to field product-related questions from Gap.com visitors, but the chatbot ended up discussing topics that fell outside the scope of questions it was supposed to handle, including intimacy products, sex toys, and Nazi Germany, according to a person with ... Read more âș
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Most popular sources
Business Insider
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31% 11 |
Gizmodo
|
15% 9 |
The Verge
|
8% 6 |
Tom's Hardware
|
7% 34 |
Slashdot
|
6% 3 |
| View sources » | |
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15.12.2025 15:39
Last update: 15:30 EDT.
News rating updated: 22:31.
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