Two of the biggest cable TV and broadband operators, Charter Communications and Cox Communications, are combining, in a sign of how the decline of cable TV and competition in broadband is forcing another stage of consolidation. Charter is buying Cox in a deal that values Cox at $34.5 ... Read more ›
0
Last summer, banking app Chime introduced a lending product that let customers borrow small amounts to get them through to their next paycheck. Typical payday lenders charge exorbitant fees, but Chime was making the loans largely for free. The fintech’s big bet is that fronting cash to customers—and only charging people that want extra-fast advances—will boost customer loyalty while also providing some fresh revenue. But Chime is now learning the... Read more ›
8
Nvidia is planning to build a new research and development center in Shanghai as part of efforts to maintain its competitive edge in China amid declining sales due to stricter U.S. export controls, the Financial Times reported, citing two people with knowledge of the matter. During a visit to ... Read more ›
0
Video-streaming and TV executives were out in force in New York this week, as outlets pitched their program schedules to marketers at lavish star-studded presentations. None other than Lady Gaga performed at YouTube’s party in Lincoln Center, for instance. There’s no doubt YouTube has come a long way since its founding 20 years ago. It now has a bigger share of the audience than any TV service of any kind,... Read more ›
1
Artificial intelligence model developer Cohere fell well short of revenue projections the company prepared in early 2023, missing its target for last year by 85%. In a pitch to investors two years ago, the company forecast making around $450 million in annualized revenue by the end of last year. ... Read more ›
0
After tech stocks crashed three years ago, the correction in private startup valuations led to a wave of partners leaving their venture firms. Over the past year, a new exodus has emerged as investors depart with plans to set up their own funds. Six early-stage partners from Andreessen Horowitz, Coatue Management, Founders Fund, Lightspeed Venture Partners and Forerunner Ventures have left their firms in the past few months or are... Read more ›
0
The Trump administration and the United Arab Emirates on Thursday announced a large data center campus for artificial intelligence in Abu Dhabi that aims to power American technology. President Donald Trump and Emirati president Sheikh Mohammed bin Zayed discussed the plan in front of a ... Read more ›
0
The charitable nonprofit that controls OpenAI should maintain its full management control over the new for-profit entity as part of its planned conversion to a private benefit corporation, five lawyers who work at nonprofits and universities wrote to the attorneys general of California and ... Read more ›
0
It’s been a busy week for YouTube! The company on Wednesday hosted its annual Brandcast event for advertisers in New York where it announced updates ranging from new deals with the NFL to features for creators. On Thursday, CEO Neal Mohan told a MoffettNathanson investor conference that revenue generated per hour watched on YouTube Shorts has risen to the equivalent of YouTube’s long-form videos in several countries, including the U.S.... Read more ›
2
Meta Platforms has delayed the largest version of its flagship large language model Llama 4 to as late as this fall—or even later—over performance problems, according to a person familiar with the matter. Llama 4 has encountered other delays in the past. Meta previously pushed back Llama 4’s ... Read more ›
0
YouTube CEO Neal Mohan says revenue on YouTube Shorts is growing and, when measured by one metric, is comparable to revenue generated by longer videos on the main YouTube service. Speaking at a MoffettNathanson conference on Thursday, Mohan said that YouTube Shorts has reached parity with ... Read more ›
0
Saudi Arabia, long viewed as a fountain of cash for the tech industry, has flipped the script, getting U.S. companies to fund its build-out of artificial intelligence. President Donald Trump announced hundreds of billions of dollars in deals when he visited Riyadh this week. The announcements touted investments in the U.S., but in many cases the Saudi money will go to U.S. companies to fund projects inside Saudi Arabia. Read more ›
43
These have been difficult years for roughly a dozen of the major startups trying to sell artificial intelligence models to app developers or corporate customers. OpenAI and other AI firms that sell ready-to-use products for knowledge workers have sucked the oxygen out of the room for startups like Cohere, whose revenue has severely lagged its projections from two years ago, I reported today. Read more ›
18
The conversational intelligence boom sparked by OpenAI unleashed a flood of venture capital dollars for the sector, but AI developers that didn’t focus on selling revenue-generating applications fast enough have been left in the dust. One of the best examples is Cohere, an OpenAI rival that was developing similar technology years before the launch of ChatGPT in 2022 and has raised a total of nearly $1 billion from investors. As... Read more ›
32
Coinbase said on Thursday some customer data were stolen by some of its overseas customer support agents in a breach that may cost between $180 million and $400 million to fix, sending its shares down 6%. The company said the incident affected less than 1% of its monthly users. The agents ... Read more ›
0
Upstart AI cloud provider CoreWeave on Wednesday signed a new deal to rent Nvidia chips to OpenAI worth $4 billion through 2029, CoreWeave said in a securities filing. The deal is in addition to one worth $11.9 billion struck with OpenAI in March. That deal runs through 2030. As part of the ... Read more ›
32
Chinese e-commerce giant Alibaba Group said Thursday that revenue from its cloud computing business in the March quarter grew 18% year on year, accelerating from 13% growth in the previous quarter, thanks to stronger demand for artificial intelligence offerings. Alibaba CEO Eddie Wu said during ... Read more ›
0
Salesforce has agreed to acquire Convergence, a London-based startup developing AI software to automate complex tasks, otherwise known as AI agents, according to a Convergence post on X on Thursday. Convergence’s product, Proxy, went viral when it first launched on ProductHunt in February. Proxy ... Read more ›
2
In the last year, dozens of new robotics startups have launched. One of them, a recent graduate of the Y Combinator accelerator, is trying to distinguish itself by developing open-source AI models and other software for the humanoid robots it plans to sell, an increasingly popular approach in the sector. The proposition has attracted backers—and some curious onlookers from OpenAI. The startup, K-Scale Labs, on Friday plans to release open-source... Read more ›
0
Walmart warned that tariffs have forced it to start raising prices and held back from providing second-quarter profit guidance, blaming the uncertain environment. Walmart shares fell nearly 5% in morning trading on Thursday. “We started to see increases happen in April and through May,” Walmart ... Read more ›
0
Most popular sources
Business Insider
|
21% 11 |
MacRumors
|
17% 12 |
Tom's Hardware
|
9% 8 |
Vox
|
6% 2 |
Wired
|
6% 17 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
06.11.2025 12:36
Last update: 12:30 EDT.
News rating updated: 19:33.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.