China says it recently uncovered evidence of cyber attacks by the U.S. on a Chinese government agency between 2022 and 2024. The U.S. National Security Agency exploited vulnerabilities in the text-messaging system, staged attacks and took control of mobile devices belonging to several staff ... Read more âș
0
The court overseeing Elon Muskâs breach of charitable trust lawsuit against OpenAI on Friday ordered OpenAI co-founder and former chief scientist Ilya Sutskever to provide information about his financial stake in OpenAI and a document called the âBrockman Memo,â an apparent reference to OpenAIâs ... Read more âș
0
Welcome, Weekenders! In this newsletter:âą The Arena: Call it moneyball for minorsâinside the booming business of youth sports appsâą The Top 5: Best new places for a tech holiday party ⹠Plus, our Recommendations: âThe Big Shortâ with âAgainst the Rules: The Big Short Companion,â âMurderland,â and âJohn Candy: I Like MeâTwo months ago, Cleo Abram, a former Vox journalist turned YouTuber, posed an intriguing question to OpenAI CEO Sam... Read more âș
12
Many in tech have seen plenty of reasons to celebrate latelyâwith AI valuations soaring and paydays getting bigger and bigger. And pretty soon itâll be time to consider the all-important event for tying a ribbon around the year: the holiday party, with the most-prized venues filling up in the next few weeks. The audacious blowouts of the previous decade havenât quite come back into style yet after dying off during... Read more âș
3
An entity being used to fund Meta Platformsâ large-scale data center in Louisiana sold more than $27 billion in debt with an interest rate about 2.25 percentage points above the U.S. Treasury yield. Meta is raising the debt, maturing in 2049, for a roughly $30 billion special-purpose vehicle the ... Read more âș
30
Was it something they said? Oracle shares fell 7% on Friday, a day after the software and cloud firm offered investors bullish growth projections for the next five years, both for revenue and for profits. In Oracleâs ideal world, those projections would have put to rest concerns about the cost of its artificial intelligence cloud expansion, which is driving the revenue growth. But as we noted on Thursday, the projections... Read more âș
1
Google formally ended on Friday its six-year old effort aimed at ending the use of cookies in its Chrome browser. In a blog post, Google said it would retire a suite of technologies called the Privacy Sandbox that were originally designed to replace cookies. Advertisers use cookies to help track ... Read more âș
1
In an abrupt reversal from the stance he communicated earlier this week, Salesforce co-founder and CEO Marc Benioff said he no longer thinks President Trump should send National Guard troops into San Francisco to help fight crime in the city. âMy earlier comment came from an abundance of caution ... Read more âș
0
Proxy adviser Institutional Shareholder Services on Friday urged Tesla shareholders to reject a proposed pay package for CEO Elon Musk that could be worth up to $1 trillion. ISS, which makes recommendations to large investment funds, also urged Tesla shareholders to reject a nonbinding ... Read more âș
0
Lauren Drapp has a hectic job working as a gas scheduler for a private equity firm in Houston, triangulating natural gas between suppliers, pipelines and customers. But sheâs arguably even busier as a mother of young athletes: Her two daughters, ages 12 and 13, play on club volleyball and softball teams, each traveling some eight times a year to face the best young talent in their sports across Texas and... Read more âș
0
The deals keep coming for semiconductor firms and OpenAI. In the past month, Nvidia, Advanced Micro Devices and Broadcom have each reached very different agreements to supply chips to OpenAI. The arrangements open up all three to the risk that OpenAI, which expects to burn $115 billion through 2029, canât afford to keep its commitments. The deals pose different risks to each companyâs business, but AMD faces the biggest downside... Read more âș
18
Appleâs iPhone Air became available for preorders in China Friday, after a delay due to regulatory approvals. The iPhone Airâs China debut, about a month after the phoneâs U.S. launch, comes just after CEO Tim Cook visited the country earlier this week. During his China trip, Cook met with ... Read more âș
0
OpenAI said Thursday it has blocked users from using its Sora AI video app from generating videos of Dr. Martin Luther King, Jr. while it âstrengthens guardrails for historical figures.â In a joint statement on X with Kingâs estate, OpenAI acknowledged that some users had generated â ... Read more âș
0
Oracle has struggled to generate gross profit margins higher than 25% from renting out one- to two-year old Nvidia server chips to artificial intelligence developers, The Information reported Thursday. The previously unreported data show Oracle has a wide gap to fill to reach what co-CEO Clay ... Read more âș
2
Bearish sentiment about the cost-benefit equation of artificial intelligence has become so prevalent lately that it almost feels like conventional wisdom is now skepticism. But that certainly isnât the case at Oracle, the nearly 50-year-old enterprise software firm turned cloud provider, which declared itself today to be a âhypergrowth company,â thanks to its fast-expanding AI data center business.And that wasnât just rhetoric: Oracle presented an updated revenue forecast at an... Read more âș
1
Brazilian fintech CloudWalk, a business payments startup, passed $1.2 billion in annualized revenue in September, about double the revenue pace from the same time last year, a person familiar with the matter said. The company, backed by DST Global and Coatue Management, recently completed a ... Read more âș
0
The name of Bessemer Venture Partners is tied closely with the cloud software boom of the 2010s. The backer of Twilio, Shopify and Zoom even created its own Nasdaq index of cloud software companies, which I look at often to track the ups and downs of the market.But itâs not a good time to be a software investor. That index of cloud stocks has badly lagged the overall market as... Read more âș
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Oracle on Thursday sought to reassure investors that its business of renting out servers packed with Nvidia chips to OpenAI, Meta and other artificial intelligence developers will become far more profitable as revenue surges. Oracle co-CEO Clay Magouyrk told financial analysts Thursday that the companyâs AI data center business, which is mostly made up of rentals of Nvidia graphics processing units, will eventually generate a gross profit margin of 30%... Read more âș
2
CoreWeave has hired Jon Jones, the former head of Amazon Web Servicesâ global startups and venture capital business, as its first chief revenue officer, the company confirmed Thursday. The Information first reported Jonesâ departure from AWS last month. He had been in the role for just one year ... Read more âș
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Ron Conway, the venture capitalist and major Democratic party donor, has left the board of the Salesforce Foundation and criticized Salesforce CEO Marc Benioffâs recent cheerleading of President Donald Trump. A week ago, Benioff told The New York Times that he supports Trump sending troops into ... Read more âș
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16.03.2026 03:40
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