Ultrahuman bets on redesigned smart ring to win back U.S. market after Oura dispute
Ultrahuman’s Ring Pro promises 15-day battery life and a $479 price tag as the wearables maker expands its health-tech push.
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
Jack Dorsey just halved the size of Block’s employee base — and he says your company is next
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.
Anthropic refuses Pentagon’s new terms, standing firm on lethal autonomous weapons and mass surveillance
Less than 24 hours before the deadline in an ultimatum issued by the Pentagon, Anthropic has refused the Department of Defense’s demands for unrestricted access to its AI. It’s the culmination of a dramatic exchange of public statements, social media posts, and behind-the-scenes negotiations, coming down to Defense Secretary Pete Hegseth’s desire to renegotiate all […]
Anthropic CEO stands firm as Pentagon deadline looms
Anthropic CEO Dario Amodei said Thursday that he “cannot in good conscience accede” to the Pentagon’s demands to give the military unrestricted access to its AI systems.
Netflix walks away from its deal to buy Warner Bros. after Paramount came back with a better offer
Netflix has dropped its $83 billion deal to acquire the Warner Bros. studio, HBO, and its streaming service HBO Max. In an announcement on Thursday, co-CEOs Ted Sarandos and Greg Peters say the streamer is “declining to match” the new bid made by Paramount: The transaction we negotiated would have created shareholder value with a […]
Microsoft’s Copilot Tasks AI uses its own computer to get things done
Microsoft is previewing a new AI system, Copilot Tasks, that it says is designed to take care of busywork for you in the background, the company announced on Thursday. The feature takes the load off your device using its own cloud-based computer and browser, allowing it to handle a variety of jobs ranging from scheduling […]
Jack Dorsey’s Block cuts nearly half of its staff in AI gamble
Jack Dorsey’s Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by “nearly half” and axing more than 4,000 jobs. The company will shrink from more than 10,000 people to less than 6,000, Dorsey says in a post on X. And the reason why? AI. “We’re not making […]