Twilio stock is on a run so incredible you’d think it was immune to the “SaaS apocalypse” plaguing enterprise software stocks. But investors are missing the bigger picture. The company, which sells software tools to help firms communicate with their customers via text messaging, phone calls and ...
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Huawei Technologies said on Monday that it is using a new principle for semiconductor development to narrow its gap with the world’s leading chipmakers, despite U.S. export controls that have restricted China’s access to the most advanced equipment. He Tingbo, a Huawei board director and the head of the company’s chip business, presented the new principle, the Tau Scaling Law, during her
Smart-ring maker Oura and crypto company Blockchain.com said last week they had filed paperwork to go public, adding to a growing number of companies, including OpenAI, that are making moves to list in the wake of SpaceX’s upcoming mega initial public offering. If recent history is any guide, ...
The White House is nearing a deal with Anthropic that allows the National Security Agency and other U.S. spy agencies to use the company’s advanced AI models for classified work, according to the New York Times. The deal talks come despite the Defense Department designating the company as a “supply chain risk” earlier this year, after the two entities clashed over whether existing contractual
Welcome, Weekenders! In this newsletter:• The Big Read:The tech elite’s go-to real estate broker? The mayor’s brother•Crypto: Inside crypto’s Washington command center•Lists: 20 great books for summer 2026• Plus, Recommendations—our weekly pop culture picks:“John Kiriakou’s Dead Drop,” “ ...
The most important real-world address in all of crypto may very well be 1155 F Street in Washington. The location is a 12-story, glass-paneled office tower that has quickly become the industry’s command center in its bid for securing greater sway in the nation’s capital. Nearly everyone who ...
It may feel like AI has seeped deep into our lives, but compared to the world within “Certainty,” a new dystopian novel by best-selling author John Twelve Hawks, we’re practically in the Flintstones era. In Twelve Hawks’ realm, self-driving tractor-trailers dominate the highways. Parents ...
SpaceX held the first launch of the new version of its Starship spacecraft on Friday, successfully sending the craft from its Starbase Texas headquarters to space, where it deployed 22 test satellites. While the launch had some hitches, including an engine failure and an uncontrolled landing of its first stage booster, SpaceX touted the launch as a success. The company had previously aimed to
Even measured against the frenetic heart rate of San Francisco’s real estate market, Alexander Lurie moves at a rapid pace. On a recent Tuesday, Lurie, 41, who’s become a go-to broker for anyone with newfound AI riches, drove around Pacific Heights in a blur while touring a half-dozen of the ...
Microsoft consumer chief marketing officer Yusuf Mehdi will leave the company next year, he announced late Thursday. Mehdi is a 34-year veteran of Microsoft but since 2023 he has overseen marketing for Microsoft’s consumer-focused products including its Surface devices and the consumer versions of Windows and Office software. Mehdi is the latest of many senior Microsoft executives to depart or
When business leaders are preparing for an important presentation, their teams sometimes need to shut down their other work for days or even weeks to clear time for the prep work: multiple meetings to bat around ideas, long email threads to pin down the overarching narrative, and a constant ...
Microsoft has opened a new front in the AI data wars, blocking partners from connecting their data management tools to a popular product as it tries to defend its business software strength in the era of AI agents. The friction centers on Power BI, a Microsoft product nearly all Fortune 500 ...
Meta Platforms has quietly launched a new app called Forum, part of a new push by the Facebook owner to launch a lot of new apps. The app lets users select topics they’re interested in and customize their feed by choosing which topics they want to see more or less of, according to its Apple App store listing. Those recommendations are based on their account activity and are summarized using
Chinese battery giant Contemporary Amperex Technology, better known as CATL, is planning to invest in Chinese AI developer DeepSeek’s fundraising, according to two people with direct knowledge of the matter. CATL’s planned investment comes as it is aggressively stepping up its efforts to sell ...
Oura Health, which makes rings that track users’ health data, filed its initial public offering paperwork Thursday with the U.S. Securities and Exchange Commission, the company said. Oura has not yet determined the number of shares it’ll offer, nor the proposed offering’s price range. The Information reported in March that the company had been interviewing banks to advise on its IPO, which
The House Committee on Oversight and Government Reform opened an investigation into insider trading on Polymarket and Kalshi, warning that lawmakers may take action against the prediction markets. James Comer, the Republican chair of the committee, said the “growing pattern of insider trading activity on prediction market platforms indicates that Congressional action may be necessary.” In
On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary Sam Altman had some IPO news of its own: OpenAI was planning to file its IPO prospectus within weeks.The news not only took some of the spotlight away from SpaceX’s upcoming public debut, but also ...
If SpaceX pulls off what is widely described in the news media as the “largest IPO in history” next month, it will be a testament to Elon Musk’s skills as a salesman. The company’s newly public IPO prospectus makes it plain that SpaceX is largely a telecom firm with a rocket launch business on ...
Workday shares climbed more than 10% in after-hours trading on Thursday after the HR application maker said the number of customers using its AI agents in the three months ended April 30 roughly doubled from the previous quarter to more than 4,000. Gerrit Kazmaier, the company’s president of product and technology, also told investors in a call following its quarterly results that the value of
OpenAI CEO Sam Altman suggested Wednesday that even if the company makes a filing for a public offering, it may hold off on the actual listing. In a company-wide meeting, he noted that filing for an initial public offering was different than being ready to go public and said the company wouldn’t go public until it was ready, according to a person with knowledge of the comments. The company