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Silicon Valley’s earliest stage companies are getting a major boost from artificial intelligence. Startup accelerator Y Combinator — known for backing Airbnb, Dropbox and Stripe — this week held its annual demo day in San Francisco, where founders pitched their startups to an auditorium of potential venture capital investors. Y Combinator CEO Garry Tan told […]
Early on Friday, Elon Musk shared a post written by an X user about the actions of three 20th century dictators — then quickly deleted it after it sparked a backlash. The post falsely claimed that Joseph Stalin, the communist leader of the Soviet Union until 1953; Adolf Hitler, the leader of the Nazi party […]
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, […]
Mercedes-Benz said on Thursday that the latest version of its least expensive sedan would be available first as an all-electric car and then as a hybrid. And the company will no longer sell a gasoline-only version of the car. That’s a big break from how Mercedes and other established carmakers have typically operated. Until recently, […]
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s upcoming Community Notes feature for monitoring misinformation through crowdsourcing will use some technology developed by Elon Musk’s X for its similar service. On Thursday, Meta revealed in a […]
Meta won a legal victory on Wednesday against a former employee who published an explosive, tell-all memoir, as an arbitrator temporarily prohibited the author from promoting or further distributing copies. Sarah Wynn-Williams last week released “Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism,” a book that describes a series of incendiary allegations […]
In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear […]
The U.S. power grid added more capacity from solar energy in 2024 than from any other source in a single year in more than two decades, according to a new industry report released on Tuesday. The data was released a day after the new U.S. energy secretary, Chris Wright, strongly criticized solar and wind energy […]
Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein. Courtesy: Trust & Will Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year’s CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will […]
For a decade, Eric Schmidt ran Google as chief executive and as the “adult” in the room, mentoring the internet company’s young founders, Larry Page and Sergey Brin. In 2011, Mr. Schmidt handed control of Google back to Mr. Page. He has not taken another C.E.O. job since. But on Monday, Mr. Schmidt told employees […]
