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Mounting fears that AI could upend the traditional software business model have triggered a broad selloff across the sector — causing a “SaaSpocalypse.” Jared Sleeper, a...
Bloomberg’s Ed Ludlow discusses OpenAI nearing the first phase of a new funding round that could bring in more than $100 billion. Plus, Mark Zuckerberg testified...
Meta says it no longer focuses on how much time users spend on Instagram, but Minda Smiley, senior analyst at EMARKETER, says the metric is still...
Meta CEO Mark Zuckerberg told a jury it is ‘difficult’ to enforce age restrictions on teens using Instagram. Mary Anne Franks, George Washington University Law School...
Chinese tech giant ByteDance is hiring for nearly 100 open roles within its artificial intelligence division in the US, as it aims to compete with American...
Bloomberg’s Ed Ludlow discusses Meta’s pact with Nvidia to deploy “millions” of the AI chip giant’s processors over the next few years. Plus, Meta CEO Mark...
Energy startup Heron Power has raised a $140 million Series B to build a 40-gigawatt US manufacturing facility for its advanced electrical equipment. Heron’s CEO Drew...
Apple is accelerating work on three new wearables, part of a shift towards AI-powered hardware, according to people with knowledge of the plans. Bloomberg’s Mark Gurman...
Morgan Stanley Global Director of Research Katy Huberty discusses the selloff of software and services stocks, some of which hit companies with strong underlying fundamentals. Huberty...
Bloomberg’s Ed Ludlow discusses Warner Bros. Discovery’s decision to reopen negotiations with Paramount Skydance following its sweetened offer. Plus, renewed anxiety over the outlook for AI...
