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 impact of the falling dollar is rumbling through tech companies’ earnings and threatens to reduce investments in the industry for both established players and startups. Since President Donald Trump’s tariffs announcements a month ago, the dollar has fallen to its lowest level since 2022. The move was so big that companies including Meta Platforms, Microsoft and others highlighted the impact—in both the first quarter and the rest of the... Read more ›
0
U.S. Trade Representative Jamieson Greer, President Donald Trump’s top advisor on international trade, advised China-founded fast fashion giant Shein before joining the Trump administration, Wired reported. Greer worked on behalf of Shein while he was a partner at the law firm King & ... Read more ›
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Scores of scientists are using reasoning AI models to help them come up with hypotheses and experiments in fields like nuclear fusion, biology and pathogen detection. However, some researchers believe that startups with backgrounds in specific domains like biology or chemistry would be better equipped to build the AI models for those domains, rather than more general AI labs like OpenAI, Anthropic and Google.One of those startups is FutureHouse, a... Read more ›
0
Bill Ready has transformed Pinterest from a struggling social media firm under activist investor pressure to a growing company. While he may have calmed investors’ concerns, he’s still figuring out the right people to help him run the company. Ready, a former president of commerce and payments at Google, has overhauled his management team more than once since taking the helm in mid-2022, as he has refocused Pinterest on its... Read more ›
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Apple is planning major upgrades to its iPhones in the coming years such as an ultrathin phone this fall, a foldable phone in 2026 with an eight-inch screen when open and at least one model in 2027 with an edge-to-edge display, The Information reported. It’s also planning to ... Read more ›
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President Donald Trump says he’s willing to further extend the deadline for TikTok to sell itself or be banned in America. Trump had already given TikTok, which is owned by China-based ByteDance, a 75-day extension in April. The president said he has “a little warm spot” in his heart for the ... Read more ›
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Warren Buffett plans to retire from Berkshire Hathaway at the end of the year and hopes his longtime heir apparent will take his place running the conglomerate, Buffett said in an unexpected announcement at Berkshire’s annual shareholder meeting on Saturday. Buffett will recommend to Berkshire’s ... Read more ›
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After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically. Later this year it’s expected to introduce an ultrathin new device, followed by a foldable phone expected in 2026. Also next year, Apple plans to change its release strategy, launching pricier, more premium versions in the fall as usual, but pushing the release of the more affordable standard model to the following spring. Apple’s... Read more ›
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Welcome, Weekenders! In this newsletter:• The Arena: Why sports leagues learned to love creators and stop fighting them• The Top 5: The startups hoping for a “MAHA” boom• Power and Influence: Tech’s Trumpists have no regrets • Plus, our Recommendations: A sinister snafu; when India changed the world; Amy Sherman-Palladino strikes backWhy can’t we have nice things? Because they give us the willies, apparently. OpenAI has undone part of the... Read more ›
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On Thursday, Microsoft announced it had jacked up the prices on its game products, raising the price of its flagship Xbox console by $100—or 20%—to $600. It was an extraordinary move: Five-year-old consoles like the current generation of Xboxes almost always see price cuts, not increases. To anyone even dimly aware of economic news, it was fairly obvious Microsoft’s Xbox changes were a reaction to the Trump administration’s tariffs on... Read more ›
1
A few weeks ago, Robert F. Kennedy Jr., the U.S. Health and Human Services secretary, and Marty Makary, the new Food and Drug Administration commissioner, announced plans to ban eight commonly used petroleum-based dyes from food products in the U.S. Kennedy envisions far more changes ahead in his crusade to force American food companies to change, including removing items like soda and candy from SNAP benefits and revamping the approval... Read more ›
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Satya Nadella, take a bow! Microsoft finished the week as the most valuable company in the world, worth $3.235 trillion, above Apple, long the market leader, which closed Friday with a market capitalization of $3.07 trillion. It’s no mystery why: Microsoft shares have outperformed all year, and this week they rallied strongly following the company’s solid March-quarter profit report on Wednesday. Apple shares, in contrast, have traded much more weakly... Read more ›
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Anthropic is offering to buy back shares from hundreds of current and former employees, the first transaction of its kind for the four-year-old company. The buyback is a sign of how integral these have become in rewarding employees at fast-growing startups and retaining rare research talent in the artificial intelligence talent war. San Francisco–based Anthropic is allowing current and former employees who worked for the company for at least two... Read more ›
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Apple is working with Anthropic to incorporate the AI startup’s Claude Sonnet model into the next version of its Xcode programming tool, in a move to help its internal developers write and edit code faster and more efficiently, Bloomberg reported. This is the latest sign that large companies are ... Read more ›
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MoneyGram, the international money transfer firm, will allow crypto companies to make use of its thousands of physical locations worldwide to provide cash deposit and withdrawals for their users. The company on Friday launched a tool for developers of crypto exchanges, wallets, and stablecoin ... Read more ›
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Apollo Global Management invested $25 billion during the turmoil in April following President Donald Trump’s tariff announcements, making it one of the most active buyers in the market, CEO Marc Rowan said on an earnings call. Apollo has a history of investing during market downturns. In the ... Read more ›
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The long and fruitful relationship between venture capital firms and university endowments is facing hard times as both sides struggle with worsening cash squeezes. Over the past three years, VC funds have been returning money to their investors at the lowest rates in the past 25 years, levels that have only occurred during major market and economic downturns. Read more ›
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The Justice Department’s proposal that Google be forced to share its search data with rivals in order to restore search engine competition used a 2010 deal Google struck with Yahoo Japan as the “foundation” for the proposal, a lawyer for the DOJ said in court on Friday. Google has argued that ... Read more ›
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In summer 2021, Matt Scharf and some of his guy friends were playing a round of golf at a leafy course near Austin, Texas, when they arrived at the 14th hole, a 290-yard uphill par 4. Clad in a busy Hawaiian-print polo and a trucker hat, Scharf thwacked a drive straight down the fairway to the green, eliciting immediate whoops of “Dude!” and “Bro!” from his companions. A few moments... Read more ›
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Mozilla earned $570 million in revenue last year, 85% of which came from Google as a result of a deal Mozilla has to share ad revenue from Google search queries coming via Mozilla’s Firefox browser, the chief financial officer of the internet nonprofit testified on Friday. If Google were not ... Read more ›
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Most popular sources
Business Insider
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30% 13 |
Gizmodo
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15% 6 |
Tom's Hardware
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10% 0 |
Ars Technica
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8% 13 |
Engadget
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7% 2 |
| View sources » | |
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08.11.2025 05:27
Last update: 05:20 EDT.
News rating updated: 12:20.
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