Netflix says it’s on track to “double” its advertising revenue this year as the company continues ot build out its ad tech platform. The streaming giant shared the news as part of its second-quarter earnings results released on Thursday, which revealed that Netflix raked in $11.08 billion in revenue over the past few months, marking […]
Hello, and welcome to Decoder! I’m Alex Heath, deputy editor at The Verge and author of the Command Line newsletter. I’m hosting our Thursday episodes while Nilay is out on parental leave. Today, we’re talking about how AI is changing the way we use the web. If you’re like me, you’re probably already using apps […]
Apple has announced a $500 million investment in MP Materials, a rare earth mining company based in the US. With the deal, the two companies will partner on the development of a rare earth magnet recycling line in Mountain Pass, California, allowing Apple to use reprocessed electronics and scrap material to build its products. The […]
OpenAI has officially closed its nearly $6.5 billion acquisition of io, the hardware startup co-founded by famed former Apple designer Jony Ive, the company announced Wednesday. But it was careful to only refer to the startup as io Products Inc. The blog post initially announcing the acquisition was also scrubbed from OpenAI’s website due to a trademark lawsuit from […]
Lately, it has been difficult to ignore a tendency at The New York Times to make astonishingly bad news judgments. The paper’s obsession with a view from nowhere is long-standing, but as Republicans increasingly circulate insane conspiracy theories and racist nonsense, the cult of centrism has taken a self-destructive turn. The most recent – and […]
President Donald Trump plans to impose a 25 percent tariff on goods imported from South Korea and Japan. The levy will go into effect on August 1st, which is when the Trump administration will begin enforcing sweeping tariffs on a wider swath of countries that fail to reach a trade agreement with the US. The […]
It’s summertime, which means it’s time for our annual grilling episode. In years past we’ve talked to the leaders of Big Green Egg, Traeger, and Blackstone, and it’s always fascinating how those companies have all the same kinds of problems and ideas as any of the tech companies we have on the show. In fact […]
On Monday, the long-running indie rock band Deerhoof made an announcement: it was pulling its music from Spotify. The impetus was Spotify founder Daniel Ek’s newest investment in Helsing, the German defense group that makes AI and drones. Helsing raised 600 million euros in its most recent funding round, which was led by Ek’s venture […]
Tesla sales hit a new low, with the company reporting a 14 percent drop in second-quarter vehicle deliveries compared to a year ago. The company said that it produced a total of 410,244 vehicles between April–June of this year, including 396,835 Model 3 and Model Y vehicles, as well as 13,409 “other vehicles” like the […]
Figma, the platform that specializes in collaborative interface design, has filed for an initial public offering (IPO). The company will trade under the ticker symbol “FIG” as it prepares to “double down” on its investments in AI. Figma was nearly acquired by Adobe for $20 billion in 2022, but the two companies scrapped the deal […]