Chime executives and bankers will spend the next week trying to convince investors that its stock will rise after its initial public offering. The company’s cofounders seem to be preparing for the opposite.New stock awards granted to cofounders Christopher Britt and Ryan King as part of the offering set a low bar potentially at the expense of shareholders who buy into the IPO. Chime’s cofounders would earn millions of dollars... Read more ›
0
Google has agreed to spend $500 million over 10 years and create new compliance committees to settle shareholder litigation accusing it of antitrust violations, according to court documents filed Friday. Shareholders led by pension funds in Michigan and Pennsylvania sued Google’s parent company ... Read more ›
0
This year has seen trickles of tech initial public offering activity, but there’s still a sizable list of IPO hopefuls whose public market ambitions have stalled. Bankers say that dynamic is encouraging more private companies to try to find a buyer instead. To that end, we updated our Tech IPO Tracker to highlight the likeliest takeover targets among the private companies we’ve been keeping tabs on. Cybersecurity firms such as... Read more ›
0
Shares of data center developer Applied Digital rose 50% after the company said it leased part of a large facility to CoreWeave, a firm that rents out Nvidia chips to artificial intelligence developers. The announcement confirmed The Information’s earlier reporting that the firms were in talks ... Read more ›
0
Elon Musk’s artificial intelligence startup xAI is allowing employees to sell $300 million worth of shares to investors, in a deal that values the company at $113 billion. That’s the same price for the company Musk announced in March, when xAI bought his social media service X. The secondary ... Read more ›
0
Voyager Technologies said on Monday it is aiming to raise up to $319 million in an initial public offering that could value the defense and space company as high as $1.6 billion. Denver-based Voyager is developing Starlab, a private space station in a joint venture with Airbus, Mitsubishi, ... Read more ›
0
Amazon’s technique for choosing which offers from outside merchants to prominently display on its e-commerce site likely violates German antitrust laws and discourages price competition across online retail, the country’s antitrust regulator said Tuesday. Amazon awards the “Buy Now” and “Add to ... Read more ›
0
Elon Musk on Sunday announced plans for an encrypted messaging platform called XChat that will feature vanishing messages and the ability to make audio and video calls without a phone number. The first version will be available this week on his social media platform X “if there are no ... Read more ›
22
Samsung is close to a deal to invest in Perplexity and put the AI startups’s search tech onto its phones, Bloomberg reported, a potential blow to Google. Samsung has long been Google’s most important partner in Android, giving Google distribution for its apps on Samsung devices. The Bloomberg ... Read more ›
2
As OpenAI defends its planned corporate restructuring against a range of nonprofit critics, it’s probably feeling pretty good about its decision last year to hire a number of personnel with deep ties to the Democratic establishment.Those hires, including career Democrat Chris Lehane, who leads OpenAI’s global affairs team, looked like a miscalculation once Donald Trump won the presidential election, especially given CEO Sam Altman’s previous Democratic allegiance. (Altman has changed... Read more ›
5
Alibaba Group is quickly establishing itself as a leader in open-source artificial intelligence models thanks to the successful launch of its latest models known as Qwen3. And that’s triggering changes both inside and outside the Chinese tech giant. Alibaba’s various business units are now ... Read more ›
2
When Alibaba Group’s cloud business unit announced the first generation of artificial intelligence models developed by its own team in 2023, the Chinese tech giant said in a statement that it would integrate the models, known as Qwen, into its various businesses “in the near future.” The reality wasn’t so simple. Each of the company’s six business units—including its cash-cow China e-commerce business and its online entertainment services unit—was making... Read more ›
0
Banking app Chime plans to sell shares in an initial public offering at a price that would value it $10.3 billion and $11.1 billion, on a fully-diluted basis, the company said in a new securities filing Monday. The company set the price range ahead of a roadshow to meet investors over the ... Read more ›
2
It’s become one of the most popular private investing strategies of the last year: Firms including General Catalyst, Thrive Capital and 8VC have been investing in startups that buy services businesses such as call center operators, merge them with similar companies, and use artificial intelligence to boost sales and keep costs low. In the latest example, Chris Young, who led Microsoft’s ventures and acquisitions team for five years, has told... Read more ›
3
President Donald Trump intends to withdraw the nomination of Jared Isaacman to lead NASA, an agency that is the source of some of the most lucrative contracts for SpaceX, Elon Musk’s rocket company, The New York Times reported. The decision—which came after Trump learned that Isaacman had given ... Read more ›
8
Welcome, Weekenders! In this newsletter:• The Big Read: Jensen Huang’s precarious balancing act between Trump and China• The Top 5: The fanciest fitness memberships• Plus, our Recommendations: A forgotten horror; the mighty Sahara; and an internet star’s subtle-enough sitcomAnthropic has a shiny new addition I can’t stop thinking about: Reed Hastings, who is joining the AI startup’s board. I wonder if his arrival might hold greater significance than we might... Read more ›
2
What do thousands of dollars at a fitness center get a person? Amenities like AI-powered weightlifting machines, in-house physicians, meditative sound baths and color-coded, know-it-all orbs. Earning a clean bill of health has never inspired such extravagance. Here are five of the most luxe fitness memberships popular among the technorati and their ilk. Read more ›
3
Nvidia is developing a new chip for China that for the first time will allow customers to connect multiple chips together to create higher-performance computing clusters, The Information reported. The move comes as the U.S. tightens restrictions on sales of advanced chips to China, though the ... Read more ›
0
Nvidia CEO Jensen Huang has been meeting with President Donald Trump more than what’s publicly known in an effort to persuade the administration to roll back restrictions on its sales to China, The Information reported. The move comes as Trump’s second term has upended the dynamics of ... Read more ›
0
The Trump administration, along with Elon Musk’s Department of Government Efficiency, have apparently chosen Palantir to be the main provider of data analytics technology to the federal government, as the firm in recent months has landed more than $113 million in software contracts ... Read more ›
0
Most popular sources
Business Insider
|
30% 28 |
Wired
|
11% 4 |
MacRumors
|
10% 7 |
Eurogamer.net
|
7% 7 |
Vox
|
6% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
06.11.2025 02:45
Last update: 02:35 EDT.
News rating updated: 09:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.