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News
Social Media Startup Funding Tops Last Year's Total
6+ hour, 50+ min ago (436+ words) For a few years, telling a venture capitalist you wanted to start a social media app was a tough conversation. The pitch is getting easier again. Venture capital is money from people who back young private companies. The number of…...
Oracle Pipeline Delay to 2027 Hits Stock
6+ hour, 46+ min ago (474+ words) The natural gas pipeline that would power a massive Oracle data center in New Mexico has hit yet another delay, and the new schedule is already drawing skepticism. The pipeline is intended to fuel Oracle's proposed data center, called Project…...
Claude's Hidden Watermark Costs Paying Subscribers
6+ hour, 49+ min ago (622+ words) Claude now stamps some of its answers with invisible ink. Anthropic announced this week that certain Claude versions will add a hidden watermark to the text they generate. Anthropic insists the stamp leaves a response's substance, caliber, and legibility untouched....
AI Infrastructure Debt Piles Up as Nvidia Raises $500B
6+ hour, 44+ min ago (613+ words) The artificial intelligence boom needs more than clever software. It needs physical stuff - data centers, power lines, and cooling systems - and that stuff costs real money. Nvidia, the chipmaker at the center of the AI gold rush, is now working…...
Thrive Capital Buys $215M Amazon Shares
6+ hour, 46+ min ago (569+ words) Venture capital firms usually hunt for the next big startup before anyone else hears about it. Joshua Kushner's Thrive Capital is doing something different. It just bought about $215 million worth of Amazon shares, according to a regulatory filing from Friday....
White House Approves Private Sector Cyberattacks
1+ day, 5+ hour ago (668+ words) For years, the rule was simple: private companies could defend against hackers, but they could not go after them. That rule just changed. The policy comes from a newly published presidential memorandum aimed at ransomware, financial fraud, and sextortion (online…...
Bill Ackman Adds Six Stocks to Pershing Square
1+ day, 5+ hour ago (473+ words) Bill Ackman built his name on big, often bold, bets. This quarter he did something a little quieter: he bought six different stocks at once. His firm, Pershing Square, added six new positions in the second quarter. In a letter…...
Matic Adds On-Device Voice Control to Beat Chinese Rivals
1+ day, 6+ hour ago (680+ words) Your robot vacuum can already clean your floors. Now one American company wants it to actually listen to you. Matic Robots, a startup based in Mountain View, California, just added a feature that lets you control its vacuum by speaking…...
Microsoft Cuts Carbon Credit Buying 80% on AI Power Costs
1+ day, 6+ hour ago (531+ words) For years, Microsoft acted as the anchor of the carbon removal market. Since 2020, the company has been responsible for 41% of global carbon dioxide removals, which are credits companies buy to pull CO2 out of the atmosphere. Microsoft's dominance in this market…...
Fintech Lender Woes Ripple to Banking Allies
1+ day, 6+ hour ago (543+ words) Everyone knows someone who has financed a vacation they could not quite afford. That is the business LendingPoint is in. The fintech company lends to near-prime borrowers, people with credit scores between 620 and 659, who need money for trips, urgent vet…...