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 ›
1
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 ›
2
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 ›
0
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 ›
0
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 ›
0
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 ›
0
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 ›
3
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 ›
0
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 ›
6
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 ›
0
Google and Meta Platforms have signaled they’re not seeing much pullback by advertisers worried about the economy, but it’s likely to be a different story for TV networks and video-streaming services. TV ad sales executives and ad buyers say marketers are already indicating plans to cut back spending on entertainment and news programming by as much as 10% in the coming year. Sports programming is likely to withstand the downturn,... Read more ›
0
Temu has discontinued its direct-from-China shipping model and now requires China-based merchants to fulfill orders on their own when selling to the U.S. market. The shift marks the online bargain seller’s latest attempt to keep its site stocked as sky-rocketing tariffs make it ... Read more ›
37
The U.S. government is steadily tightening the noose on Nvidia’s sales to China. But the AI chip giant isn’t giving up on the market. Nvidia has told some of its biggest Chinese customers, including ByteDance, Alibaba Group and Tencent Holdings, that it is tweaking the design of its artificial intelligence chips so they can be sold to Chinese businesses without running afoul of U.S. export regulations, according to three people... Read more ›
24
U.S. District Court Judge Yvonne Gonzalez Rogers, who is overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI, dismissed 11 of the 16 claims under consideration for a trial next March. The rejected claims included Musk’s argument that he had an explicit contract with OpenAI ... Read more ›
0
Instacart said Thursday that revenue rose 9% to $897 million in the first quarter, boosted by higher orders and an acceleration in ad sales. The delivery company said gross transaction value for the first three months of the year rose 10% to $9.1 billion, slightly higher than the median of its ... Read more ›
0
Airbnb reported its slowest revenue growth since the start of 2021 as economic uncertainty prompted travelers to pull back on spending in the first quarter, particularly in the U.S., the company said. Airbnb reported $2.3 billion in revenue, up 6% year over year, compared with 12% ... Read more ›
1
What a buzzkill. After Wednesday’s robust results from Meta Platforms and Microsoft, sparking Thursday’s tech stock rally, we came down to earth with results from Apple and Amazon Thursday evening. The numbers were pretty much par for the course for two companies whose high-growth days are in the past—5% top-line growth for Apple and 9% for Amazon (details are here and here). But of course, the March quarter is ancient... Read more ›
11
A lawyer for OpenAI has sent a letter to a group opposing the ChatGPT maker’s conversion to a for-profit structure, asking for a disclosure of its funding sources, according to a copy of the letter viewed by The Information. The group, the Coalition for AI Nonprofit Integrity, supported a ... Read more ›
0
It’s the startup equivalent of misplacing a winning lottery ticket. Former employees of Scale AI are being excluded from a planned share sale at a $25 billion valuation. “I just heard back from the stock admin. Former employees won’t be participating in the tender offer. rip,” one ex-employee wrote last month in a private Slack channel of former Scale workers. “So the only way is to re-join?” another person asked.I... Read more ›
45
Most popular sources
Business Insider
|
45% 31 |
Tom's Hardware
|
30% 9 |
Mashable
|
4% 5 |
Slashdot
|
3% 0 |
Android Authority
|
3% 2 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
10.11.2025 01:29
Last update: 01:20 EDT.
News rating updated: 08:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.