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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The U.S. House Committee on Energy and Commerce on Sunday proposed a 10-year ban on state and local laws regulating artificial intelligence. That measure would block laws such as a New York state bill that would require AI companies to test AI models for safety risks, similar to a California ... Read more ›
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Google is working on an AI agent for software development intended to help software engineers navigate every stage of the software process, The Information reported. Google employees demonstrating the product have pitched it as an always-on coworker that can help identify bugs or fix ... Read more ›
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You wouldn’t know it from checking out Temu’s website today—it’s as full of schlocky cheap items as ever—but the Chinese-owned shopping site is not what it was a few months ago. Thanks to changes made in response to President Donald Trump’s tariffs, it now lists all the items on the home page as coming from “local” warehouses rather than being directly shipped from China under the duty-free de minimis loophole,... Read more ›
1
CrowdStrike CEO George Kurtz gifted more than $1 billion worth of his shares in the cybersecurity company, reducing his shares from 31% to 2.5% and eliminating all of CrowdStrike’s supervoting stock, the company disclosed in a proxy filing last month. Kurt’z gifts triggered a clause that ... Read more ›
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After weeks of news about Google’s antitrust travails, the tech giant will try to reset the narrative next week by highlighting advances it is making in artificial intelligence, cloud and Android technology at its annual I/O developer conference. Ahead of I/O, Google has been demonstrating to employees and outside developers an array of different products, including an AI agent for software development. Known internally as a “software development lifecycle agent,”... Read more ›
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Coinbase is set to join the S&P 500 index, replacing Discover Financial Services, which is soon to be acquired by Capital One, according to index provider S&P Dow Jones Indices. Shares of the crypto exchange surged 8% post-market. Inclusion in the widely tracked index will force ... Read more ›
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FedEx will start delivering Amazon packages for the first time since 2019, the companies confirmed on Monday. The partnership will involve FedEx delivering “select large packages,” a FedEx spokesperson said. Amazon has been handling more of its own deliveries overall in recent years, but still ... Read more ›
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Sterling Anderson, the co-founder and former chief product officer of autonomous trucking company Aurora Innovation, is joining General Motors as its chief product officer, the automaker said Monday. He’ll oversee the product lifecycle for gas and electric-powered vehicles. Anderson spent almost ... Read more ›
0
By hiring Instacart CEO Fidji Simo to manage OpenAI’s business, CEO Sam Altman can focus on his primary ambition: attaining artificial superintelligence. The term refers to technology that would help humans solve fundamental scientific challenges around energy and physics to become multiplanetary, colonizing other planets and eventually other star systems, according to a person who has heard him speak about it.At OpenAI, Altman has even discussed the grandiose idea of... Read more ›
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Perplexity, an artificial intelligence-powered search engine, has had discussions with Accel for its latest financing, a $500 million capital raise at a $14 billion valuation, including the investment. The deal talks are early. The terms and participants could change. The valuation is 56% higher ... Read more ›
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David Bailey, Bitcoin Magazine CEO who advised Donald Trump on crypto policy during his 2024 campaign, raised $710 million to launch a bitcoin investment company, more than double the amount it had targeted. The fundraising was among the largest for companies that plan to invest in bitcoin. ... Read more ›
2
In the race to fund the buildout of artificial intelligence infrastructure, data centers have turned to one of the biggest pots of money on Wall Street: the securitized lending business. It’s a $2 trillion market that could help satisfy AI’s insatiable need for cash and that would spread the risk of the unprecedented boom in data centers across the financial sector. Read more ›
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The U.S. and China on Monday agreed to suspend most tariffs on each other for 90 days, sending stocks higher on hopes for easing trade tensions between the two superpowers. The U.S. will cut its tariffs to 30% from 145% and China will cut its duties to 10% from 125% for the 90-day period, while ... Read more ›
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The Tiger Global Management megafund that made more than 200 investments during the peak of the pandemic-era startup boom was still in the red at the end of 2024, thanks to write-downs on a majority of its investments. But the spike in valuations of OpenAI and other artificial intelligence investments is softening the blow for the $12.7 billion fund, famous for both its size and the speed with which it... Read more ›
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Klarna, the Swedish buy-now pay-later fintech firm, is pulling back on AI as a replace for customer service staff. In an interview with Bloomberg, CEO Sebastian Siemiatkowski said Klarna’s emphasis on cost control had led to “lower quality.” Siemiatkowski said that Klarna’s customers had to ... Read more ›
0
For a town with a population of just over 1,000, a Bible college and a quaint main street, there’s an unusual amount of bustle in Ellendale, N.D. A housing project with 20 homes is going up, along with a 38-unit apartment complex. Even a new pickleball court just opened. All of the developments are meant to support an anticipated influx of people to help operate a 300,000-square-foot data center that... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Tech’s worries about privacy concerns are disappearing • The Top 5: The landscape designers who make Silicon Valley’s gardens bloom • Plus, our Recommendations: Life after “Conclave”; an original manosphere king; and crime up in the canyonsFor the wealthy and powerful who want to change the world, Bill Gates has long been a North Star. His Gates Foundation and his efforts to... Read more ›
1
Land is scarce in the Bay Area, which makes a well-designed outdoor space at a Marin cottage or Atherton manse a tremendous status symbol. The perfect allée of heritage olive trees or the right mise-en-scène of native grasses does more than elevate a property’s curb appeal—it telegraphs panache, access and a deep understanding of how design impacts day-to-day life. But should a status symbol garden go full-on with native plants... Read more ›
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Google has settled a data privacy lawsuit with the state of Texas with a payment of $1.375 billion, the state’s attorney-general, Ken Paxton, announced on Friday. Paxton said Texas had sued Google in 2022 for “for unlawfully tracking and collecting users’ private data regarding geolocation ... Read more ›
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The U.S. Treasury Department is reviewing Silicon Valley venture capital firm Benchmark’s recent investment in the Chinese startup behind the hit artificial intelligence agent Manus, Semafor reported. The department is looking into whether the deal is subject to U.S. rules for investments in ... Read more ›
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Most popular sources
Financial Times
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26% 23 |
Business Insider
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22% 0 |
Ars Technica
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7% 10 |
Gizmodo
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6% 2 |
Tom's Hardware
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6% 4 |
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07.11.2025 16:56
Last update: 16:50 EDT.
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