BUSINESS

Push for $40 smartphones builds momentum, but still faces cost hurdles

A push by a coalition of telecom operators, device makers, and industry groups to bring $40 smartphones to market — a price point seen as

BUSINESS

X is testing a new ad format that connects posts with products

X is testing a new ad format that inserts a recommendation directly underneath a post that references the company or its products. The initial test,

BUSINESS

DiligenceSquared uses AI, voice agents to make M&A research affordable

A typical merger-and-acquisition process is time-consuming and expensive, even for the largest, well-staffed private equity firms. In addition to spending countless hours meeting with senior

BUSINESS

Anthropic CEO Dario Amodei calls OpenAI’s messaging around military deal ‘straight up lies,’ report says

Anthropic co-founder and CEO Dario Amodei is not happy — perhaps predictably so — with OpenAI chief Sam Altman. In a memo to staff, reported

BUSINESS

A suite of government hacking tools targeting iPhones is now being used by cybercriminals

Security researchers have identified a suite of powerful hacking tools capable of compromising iPhones running older software that they say has passed from a government

BUSINESS

India’s Pronto formalizes house help as its valuation jumps 8x in under a year

Bengaluru-based Pronto is helping to bring India’s largely informal domestic help market online. As daily bookings climb and its city footprint expands, investors are opening

BUSINESS

Let’s explore the best alternatives to Discord

Social community platform Discord is preparing to require users to verify their age by the second half of 2026, and users are concerned about the

BUSINESS

Why did Netflix back down from its deal to acquire Warner Bros.?

Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to

BUSINESS

OpenAI fires employee for using confidential info on prediction markets

OpenAI has fired an employee over the employee’s activity on prediction markets, including Polymarket, the company confirmed to Wired. The employee used confidential OpenAI information

BUSINESS

Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount

In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros. Discovery is over. David Ellison-owned