China blocks Meta’s $2B Manus deal after months-long probe China’s top economic planner, the National Development and Reform Commission (NDRC), said on Monday it has blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore before Mark Zuckerberg scooped it up late last year. The move marks […]
China blocks Meta’s $2B Manus deal after months-long probe Read More »
Australia forces Big Tech firms to pay for news or face a 2.25% tax Australia is getting serious about making Big Tech pay for news. The country’s government unveiled draft legislation on Tuesday that would require companies like Meta, Google, and TikTok to pay for the journalism they aggregate or reshare, or face a levy on their
Australia forces Big Tech firms to pay for news or face a 2.25% tax Read More »
SpaceX is working with Cursor and has an option to buy the startup for $60B SpaceX said it has struck a deal with Cursor to develop a next-generation “coding and knowledge work AI,” which includes a surprising provision — an option to buy the popular software development platform for $60 billion later this year. Partnering
SpaceX is working with Cursor and has an option to buy the startup for $60B Read More »
Amazon unveils a slimmer Fire TV Stick HD, opens Ember Artline TVs for preorder On Wednesday, Amazon announced the launch of its new Fire TV Stick HD and Ember Artline televisions, both now available for preorder. Following the initial release of the first-generation Fire TV Stick HD two years ago, Amazon has created a new
Amazon unveils a slimmer Fire TV Stick HD, opens Ember Artline TVs for preorder Read More »
Motorola sues social platforms and creators over posts, raising speech concerns in India Motorola has filed a lawsuit in India against social media platforms and content creators over posts it alleges are defamatory, raising concerns it could dampen critical coverage of the company, experts say. The lawsuit, filed in a Bengaluru court and obtained by
Deezer says 44% of songs uploaded to its platform daily are AI-generated Deezer announced on Monday that AI-generated tracks now represent 44% of all new music uploaded to its platform. The company said it’s receiving almost 75,000 AI-generated tracks per day and more than two million per month. The consumption of AI-generated music on the platform is
Deezer says 44% of songs uploaded to its platform daily are AI-generated Read More »
Tim Cook stepping down as Apple CEO, John Ternus taking over Apple said Monday afternoon that Tim Cook will step down as CEO, a role he has held since 2011, when he succeeded the late Steve Jobs. Senior Vice President of Hardware Engineering John Ternus will take the top executive position on September 1 of this year.
Tim Cook stepping down as Apple CEO, John Ternus taking over Read More »
Cracks are starting to form on fusion energy’s funding boom It happens in every emerging industry: founders and investors push toward a common goal, until the money starts to roll in and that shared vision begins to diverge. Cracks are emerging in the fusion power world, which I saw firsthand at The Economist’s Fusion Fest
Cracks are starting to form on fusion energy’s funding boom Read More »
‘Tokenmaxxing’ is making developers less productive than they think There’s an old saw in management: What you measure matters. And, typically, you get more of whatever you’re measuring. Software engineers have debated productivity metrics for decades, starting with lines of code. But as the new generation of AI coding agents delivers more code than ever,
‘Tokenmaxxing’ is making developers less productive than they think Read More »
This energy startup’s bet on 100-year-old grid tech is paying off Demand for electrical transformers, fueled in part by AI data centers, has grown so high that one prominent investor is backing a new startup that uses a very old technology. Ayr Energy makes transformers with iron-cores, the same basic tech used in the grid for
This energy startup’s bet on 100-year-old grid tech is paying off Read More »
