This is telling: Tesla’s closing price today of $350 was the first time it has closed at that level since the first week of April 2022, when Elon Musk first revealed he was building a position in Twitter (now X). A two-and-a-half-year slump in Tesla’s stock price is over; it was sparked by his excursion into making over the social media app in his image and prolonged by worries over... Read more ›
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The topic of artificial intelligence in the workplace touched a nerve with The Information’s readers. Some described AI as significant for the future of our species or as a new industrial revolution, while others said it’s just an app and not a new way to work. Often they couched their commentary in social terms, reflecting the broad impact of AI outside the company walls. That impact cannot be overstated, considering... Read more ›
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Shailesh Prakash, a Google executive who helped manage the search giant’s relationship with news publishers, is departing, the Wall Street Journal reported. Prakash’s role had included managing Google News and also communicating with publishers about Google’s increasing emphasis on AI in ... Read more ›
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The crypto market continued its broad rally on Monday, boosted by the prospect of a friendlier regulatory environment under the upcoming Donald Trump administration. Bitcoin reached another all-time high, surpassing $88,000 Monday. Ethereum jumped 4.5% to $3,330. The valuation of the total ... Read more ›
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Forerunner Ventures announced a new $500 million fund on Monday focused on making early-stage investments in consumer startups. Commerce, health and wellness, consumer finance and more will be transformed by artificial intelligence, Forerunner founder Kristen Green said in the announcement, and ... Read more ›
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More than a year before Donald Trump’s landslide victory in last week’s presidential election, TikTok’s top leaders insisted on a major shift in the app’s content moderation principles to make the platform more appealing for Trump and his supporters. In a series of internal meetings, U.S. public policy chief Michael Beckerman, backed up by CEO Shou Zi Chew, argued that the content moderation policies TikTok then had in force had... Read more ›
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Amazon is developing smart glasses for delivery workers, Reuters reported Monday. The glasses would include an embedded screen that would give workers navigation instructions while they’re driving and when they arrive at customers’ homes, according to the report. That could enable workers to ... Read more ›
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On Halloween, a Reddit user asked OpenAI CEO Sam Altman whether “GPT-5” was coming, as well as the full version of the company’s o1 reasoning model—a preview version of which went on sale seven weeks ago. In other words, when would the public see the company’s next flagship large language model? Altman answered, “we are prioritizing shipping o1 and its successors,” and added that limited computing resources meant that it... Read more ›
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How tough is it out there for investors that made big consumer bets in recent years? Just take a look at private equity giant Blackstone. Blackstone’s $4.5 billion debut growth equity fund is sitting on steep paper losses in oat milk brand Oatly, whose shares dropped soon after its 2021 initial public offering. The fund’s bet on skincare brand Supergoop has barely gained anything on paper, and it recently marked... Read more ›
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The number of people using ChatGPT and other artificial intelligence products is soaring. The rate of improvement for the basic building blocks underpinning them appears to be slowing down, though. The situation has prompted OpenAI, which makes ChatGPT, to cook up new techniques for boosting those building blocks, known as large language models, to make up for the slowdown. Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Tech has bought itself a more moderate San Francisco• Power and Influence: San Francisco's new mayor vows ‘city is open for business’• Media: How tech’s conservative shift went unnoticed for so long • Plus: How Stevie Wonder still wows; a fertile drama in Leningrad; and the witch is back.Most of the major AI companies choose to play it safe on Election Night.... Read more ›
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The moderate political wave that crested over San Francisco this election is the culmination of several years of anger, frustration and tech-funded organizing. It was propelled by millions of dollars in campaign money, hundreds of thousands of fed-up voters, several upstart political organizations, two recall elections and one sad San Francisco teenager. Let’s start with the kid. Almost a year into the pandemic, Shriyans Sivaraj was refusing to get out... Read more ›
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That didn’t take long. Within a day of Donald Trump’s election as president, TV executives were signaling optimism that the new administration would make life easier for them by allowing the industry to consolidate. Warner Bros. Discovery CEO David Zaslav made the most articulate case on Thursday, presenting mergers as a way of helping out poor consumers who can’t figure out how to navigate the crowded world of streaming apps.“Consumers... Read more ›
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Resale site StockX announced Friday that Greg Schwartz, the company’s cofounder and chief operating officer, would become CEO, taking over the role from Scott Cutler. Schwartz will assume the CEO role on Jan. 1, and Cutler would stay on as an advisor. StockX, which has raised more than $600 ... Read more ›
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Elon Musk joined a phone call on Wednesday between Donald Trump and Ukrainian President Volodymyr Zelensky, the latest signal that the billionaire will play a major role in Trump’s second administration after helping guide Trump to victory in the election. On the call, Musk said he will continue ... Read more ›
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This week on More or Less: The media lessons to take away from the presidential campaign. Plus, why you are probably building your apps wrong. Enjoy! Transcript below. Apple Spotify YouTube Read more ›
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In 2022, I got a tip about Elon Musk, who even as recently as that was misunderstood—and underestimated—by the media: He had embarked on a mission to singlehandedly try to repopulate the Earth with his children, a source told me, passing along a quiet rumor going around Austin. It led me to a shocking discovery. He had fathered twins with an executive at one of his companies, Shivon Zilis, who... Read more ›
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Jack Dorsey’s payments fintech Block is negotiating a potential settlement with several state regulators that have probed the company’s anti-money laundering and other compliance programs, adding to the legal problems the Cash App and Square parent is facing. Block disclosed the new regulatory ... Read more ›
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Paramount Global reported a 10% growth in its streaming business during the third quarter as the company’s overall revenue fell 6% year-over-year, driven by ongoing declines in its traditional cable TV and studio businesses. Paramount’s direct-to-consumer segment, which includes the Paramount+ ... Read more ›
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Taiwanese chipmaker TSMC has told some Chinese customers it will stop making advanced AI chips, potentially setting back chip design efforts of companies such as ByteDance, Alibaba and Baidu, according to two people directly involved in the situation. The Financial Times and Chinese media ... Read more ›
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Most popular sources
Business Insider
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29% 14 |
The Verge
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16% 12 |
Financial Times
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15% 14 |
Tom's Hardware
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7% 3 |
Gizmodo
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5% 4 |
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23.11.2024 18:57
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