Internet
Chinese driverless tech startup Momenta is raising funds at a roughly $6 billion valuation
A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025. Arjun Kharpal | CNBC Momenta, a Chinese driverless technology startup, is raising a fresh round of funding that could value the company at around $6 billion, two people familiar with the matter told CNBC. The valuation […]
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How Google shifted from a bastion of accurate information to a steward of free expression
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters Google long touted the need for factually accurate information on its platforms, but a letter submitted to Congress this week demonstrates how the tech company […]
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China’s Xiaomi is planning a next-gen phone chip, but won’t release one yearly like Apple
In this photo illustration, the logo of Xiaomi’s XRing O1 chipset is seen on May 19, 2025 in Beijing, China. Xiaomi CEO Lei Jun announced on the evening of May 15 that the company’s self-developed smartphone SoC, XRING 01, will be officially launched in late May. Vcg | Visual China Group | Getty Images Chinese […]
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Judge in Anthropic copyright case preliminarily approves $1.5 billion settlement with authors
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images A federal judge on Thursday preliminarily approved Anthropic’s offer to pay $1.5 billion to settle a class action lawsuit with a group of authors, in what will be the largest publicly reported […]
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Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion. The deal satisfies the requirements of a national security law requiring China-based […]
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Instagram now has 3 billion monthly active users
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday. “What an incredible community we’ve built here,” Zuckerberg posted on his Instagram channel. The figure […]
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Amazon to close all of its Fresh grocery stores in UK
People walk past an Amazon Fresh store in Washington, DC, on August 26, 2021. Nicholas Kamm | AFP | Getty Images Amazon plans to close all of its Fresh supermarkets in the U.K., in the latest recalibration of its grocery strategy. The company said in a Tuesday blog that it’s preparing to close all 19 […]
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Amazon faces off against FTC over ‘deceptive’ Prime program
Bloomberg | Bloomberg | Getty Images Amazon and the Federal Trade Commission are squaring off in a long-awaited trial over whether the company duped users into paying for Prime memberships. The lawsuit, filed by the FTC in June 2023 under the Biden administration, alleges that Amazon deceived tens of millions of customers into signing up […]
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‘We need the smartest people’: Nvidia, OpenAI CEOs react to Trump’s H-1B visa fee
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday commented on President Donald Trump’s decision to increase the cost of hiring overseas workers on visas. Trump on Friday announced that he […]
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Trump administration reportedly plans to link autism to Tylenol use during pregnancy
Tylenol is displayed for sale at a pharmacy in New York City, New York, U.S., September 5, 2025. Kylie Cooper | Reuters The Trump administration plans to announce Monday that pregnant women’s use of Tylenol is potentially linked to autism, according to The Washington Post. Federal health officials are expected to warn women against using […]
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