Shopify shares fell more than 4% Thursday after the e-commerce software giant said revenue and gross profit growth would dip in the second quarter, amid what Shopify president Harley Finkelstein called an âuncertainâ macro environment. In the first quarter, revenue grew 27% from a year earlier ... Read more âș
0
Instacart shares fell 7.5% in pre-market trading after the grocery-delivery firm confirmed that CEO Fidji Simo was stepping down, with her successor yet to be named. OpenAI announced late Wednesday night Simo, a member of the AI companyâs board, was joining in the newly created position of CEO ... Read more âș
0
Warner Bros. Discoveryâs revenues fell 10% in the first quarter, while net income dropped by about half, as growth in streaming was more than offset by sharp declines in WBDâs traditional cable TV business, which includes channels such as CNN, TNT and Food Network. WBDâs stock, which has been ... Read more âș
2
Itâs easier than ever to spy on a rival company. Itâs also easier than ever to catch a spy. The result is a surge in spy-versus-spy lawsuits in the fintech industry, one of the most cutthroat in Silicon Valley. Read more âș
11
OpenAI has hired Instacart CEO Fidji Simo to oversee some parts of the company in a major leadership restructuring at the artificial intelligence firm. Simo and OpenAI CEO Sam Altman announced the news after The Information on Wednesday reported that OpenAI was planning to hire a senior ... Read more âș
0
OpenAI is in talks with a senior technology executive to oversee some of the companyâs divisions in a major leadership restructuring at the artificial intelligence firm, according to several people who have been told about the plans. OpenAI CEO Sam Altman is likely to continue overseeing research and infrastructure teams that are core to the companyâs AI development, while leaving much of the rest of the company to this executive,... Read more âș
7
A humanoid robotics startup founded by the former chief executive of failed fintech firm Synapse is aiming to finalize a $100 million fundraising that will value the year-old company at $1 billion, according to people who spoke to the companyâs founders this week. The startup is in talks to raise money from the family office of a member of the Saudi Arabia royal family among other investors, according to the... Read more âș
10
Television advertising is becoming a one-trick ponyâitâs all about sports. Check out Walt Disney Co.âs March-quarter results, released Wednesday. Ad revenue from its sports TV and streaming businesses rose 22%, due to staggering growth at ESPNâs U.S. business. âLive sports, as you know, is doing extremely well,â said Chief Financial Officer Hugh Johnston. In contrast, advertising on its entertainment outlets fell 9.8%, as a falloff in Disneyâs old-fashioned TV networks... Read more âș
29
Google on Tuesday cut around 200 employees across its global business organization, the unit responsible for sales and partnerships, according to a person with direct knowledge of the situation. A Google spokesperson said that the company was âmaking a small number of changes across our teams to ... Read more âș
0
BNYâs global head of digital assets Caroline Butler has decided to leave the company after more than five years, according to the bank. Carolyn Weinberg, the bankâs chief solutions innovation officer who joined from BlackRock in January, will continue to lead the companyâs digital assets ... Read more âș
0
Mobile app ad firm AppLovinâs business continued to soar in the first quarter of 2025, with revenue rocketing 40% from the first quarter last year to $1.48 billion. The overall revenue number was better than AppLovinâs own projections. AppLovin stock jumped 14% in after-hours trading. The ... Read more âș
0
President Donald Trump is planning to rescind a Biden-era plan to restrict exports of advanced artificial intelligence chips to countries around the world, the Commerce Department told Bloomberg. Nvidia and other chip firms said the plan, an executive order issued by President Joe Biden in ... Read more âș
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OpenAI said Wednesday it is planning to build data centers for artificial intelligence in countries other than the U.S. through its Stargate joint venture with SoftBank, which aims to develop $500 billion worth of facilities over the next four years. The move is notable because OpenAI said other ... Read more âș
0
I write The Arena column, where last week I took a deep dive into the increasingly central role that creators play in driving young audiences to live sporting events. For anyone whoâs watched the Golf Channel, the NBA All-Star Game, or the Olympics, this trend has been brewing for some time.The rise of influencers in sports coincides with the decline in traditional sportswriting. Sports Illustrated is a shell of its... Read more âș
0
Apple is âactively looking atâ adding AI search options to its Safari browser and has had discussions with the AI search provider Perplexity, an Apple executive testified on Wednesday during the Google search monopoly remedies trial, Bloomberg reported. The executive, senior vice president of ... Read more âș
0
Meta Platforms earlier this year discussed adding facial recognition to its smart glasses and other devices, The Information reported. The technology would allow somebody wearing the glasses to, for example, identify a person they met at a party by name. If implemented, facial recognition would ... Read more âș
0
Uber reported 14% higher revenue of $11.5 billion in the first quarter but sharply higher operating income of $1.2 billion. Still, shares of the ride-hailing and food delivery firm fell 2%, as growth in the companyâs gross bookingsâthe total dollar value of food orders and ride hailing trips ... Read more âș
0
David Bailey, who advised President Donald Trump on crypto policy during his 2024 campaign, is raising $300 million to launch a publicly traded bitcoin investing company, according to people familiar with the matter. He is following a string of companies that buy up crypto seeking to replicate the success of Michael Saylorâs Strategy, which converted itself into a bitcoin investment firm. Bailey is raising $200 million through a private placement... Read more âș
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These days, investors are pulling out all the stops and getting more creative to convince founders of AI startupsâparticularly those with experience as executives at AI labs like OpenAI and Anthropicâto take their money, VCs tell me.The latest example we wrote about concerned Thinking Machines Lab, the buzzy startup cofounded by ex-OpenAI chief technology officer Mira Murati. As part of the companyâs latest $2 billion fundraise, Murati essentially has full... Read more âș
3
The ad market is healthy if you have live sportsâat least according to Disney leadership during the companyâs fiscal second-quarter earnings call on Wednesday. Disney said domestic ad revenue for ESPN, its sports segment, grew 29% year over year, driven by airing more NFL and college football ... Read more âș
0
Most popular sources
Business Insider
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44% 21 |
Tom's Hardware
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30% 11 |
Slashdot
|
5% 2 |
Android Authority
|
3% 1 |
Eurogamer.net
|
3% 2 |
| View sources » | |
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09.11.2025 22:33
Last update: 21:35 EDT.
News rating updated: 05:20.
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