Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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CoreWeave, which rents out Nvidia AI chips to large firms such as Microsoft, said in its first earnings report as a public company that it generated $980 million in revenue in the three months ending in March, up more than five times from the same period a year earlier. But investors soured on ... Read more ›
0
I checked out LTK’s splashy event for advertisers in New York this week. The gathering, planned to coincide with upfronts held by big media companies, highlighted the creator marketing startup’s ambitions to command serious ad dollars.LTK, founded in 2011 and last valued at $2 billion, is one of the more established creator marketing companies. It started out providing affiliate links, which creators add to their posts to collect a cut... Read more ›
0
Summer Mersinger, a pro-crypto Republican commissioner at the Commodity Futures Trading Commission, will resign at the end of this month to join trade group Blockchain Association as its new chief executive officer. Her term was set to end in 2028. Mersinger will start as CEO on June 2, taking ... Read more ›
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Microsoft is shutting down its ad buying platform, the company said today, withdrawing from a sector of the ad market that it has failed to make a dent in. Marketers use ad buying platforms to buy ad space on independent web sites, an ad technology business dominated by Google and smaller firms ... Read more ›
0
Stock and crypto trading app eToro jumped 34% when it debuted on Nasdaq on Wednesday, a bullish sign for future initial public offerings following the tariff-induced market selloff last month. The Israel-based company and its shareholders raised $620 million at the IPO price of $52 per share, ... Read more ›
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Databricks confirmed its acquisition of database startup Neon for around $1 billion, pitching it as a way for customers to build AI agents that need speedy and cost-effective access to cloud databases. With the deal, Databricks is betting that agents will become a major part of corporate AI ... Read more ›
0
Waymo recalled software last December in more than of its 1,200 self-driving cars produced between spring of 2022 and last November after a bug caused collisions with chains, gates and other roadway barriers, according to a report made public Monday by the National Highway Traffic Safety ... Read more ›
0
Long before Donald Trump entered the White House for a second time, it was becoming clear we were entering a radically different world. Rising nationalism and increased cross-border friction were replacing the open, interconnected system that reigned supreme for three decades. Even in 2015, prior to President Trump’s first term, President Xi Jinping was laying out a “Made in China” strategy to boost the country’s high-tech manufacturing. By now, most... Read more ›
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Warner Bros. Discovery is renaming its streaming service HBO Max, reversing a decision made two years ago to drop HBO from the name, reflecting its emphasis on quality programming over volume. In a statement, WBD said it was “deprioritizing” genres of programming that didn’t get much engagement ... Read more ›
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A top executive of Chinese tech giant Tencent Holdings said the company’s existing stockpile of artificial intelligence chips should allow it to continue training a few more generations of AI models, despite tightening U.S. restrictions on the export of Nvidia chips to China “We have a ... Read more ›
0
Perplexity is adding PayPal and Venmo checkout buttons in its subscription AI chatbot, the companies said on Wednesday, adding a new way for Perplexity users to pay for goods and services they find using AI tools. Perplexity has already struck a deal with Shopify to add checkouts in Perplexity’s ... Read more ›
0
The race to develop reasoning models that “think” harder is at full force. At Anthropic, which arrived later than OpenAI and Google to the reasoning race, two upcoming models are taking the concept of “thinking” to the extreme.Anthropic has new versions of its two largest models—Claude Sonnet and Claude Opus—set to come out in the upcoming weeks, according to two people who have used them. What makes these models different... Read more ›
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Artificial intelligence depends on Nvidia’s computer chips. Nvidia depends on Taiwan Semiconductor Manufacturing Co. to make those chips. Right now, TSMC is in many ways the better way to invest in AI for the long term. TSMC and Nvidia are closely linked in business and in the stock market. Both companies’ stocks have soared on the back of the AI boom and both are down this year, partly as a... Read more ›
3
Arista Networks is in the process of acquiring VeloCloud, a Broadcom business unit that sells networking software and hardware to customers such as telecommunications service providers, according to a person with direct knowledge of the deal. The acquisition price couldn’t be learned but it is ... Read more ›
9
TikTok has been working on a new feature that will allow U.S. users aged 16 and over to share photos through direct messages inside the app, The Information reported. Under TikTok’s current policy, users can share TikTok videos as well as send and receive text messages with friends over direct ... Read more ›
1
General Atlantic, a New York investment firm that backs mid-stage startups such as artificial intelligence startup Runway, last year distributed $3.9 billion to its limited partners, the lowest amount in five years, and 40% of its target, The Information reported Tuesday. The disclosure ... Read more ›
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Zoox, the Amazon-backed robotaxi company, has been offering free robotaxi rides in Las Vegas to some users over an app that staff refer to as Concierge. The app is not available to the public, but can be used by friends and family of employees or other invited members on fixed routes, according ... Read more ›
0
After a rocky few months for bitcoin investors following Donald Trump’s inauguration, crypto insiders are on a high once again. Consider the case of David Bailey, the Bitcoin Magazine CEO who advised Donald Trump on crypto policy and helped fundraise for his 2024 campaign. Yesterday, Bailey announced that he has raised $710 million to launch Nakamoto, a publicly traded bitcoin investment firm similar to Michael Saylor’s Strategy, formerly known as... Read more ›
0
TikTok has been working on a new feature that will allow users in the U.S. to share photos over direct messages inside the app, according to three people with knowledge of the situation. The move could be a way to encourage more people to use direct messaging on TikTok, a feature that hasn’t taken off as it has on Instagram and Snapchat. But the plans have sparked debate inside TikTok.... Read more ›
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Some of the tech leaders traveling to the Middle East this week might be able to get travel tips on the region from investors at General Atlantic. The New York–based growth equity investor opened offices in Riyadh and Abu Dhabi last year to make more investments in local startups after getting cash from the region’s vast oil coffers.A recent investor update I obtained from General Atlantic, which manages more than... Read more ›
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Most popular sources
Ars Technica
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25% 23 |
Business Insider
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22% 3 |
Engadget
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11% 8 |
Gizmodo
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8% 1 |
Financial Times
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5% 0 |
| View sources » | |
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07.11.2025 11:42
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