Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
A look at the 2026 Super Bowl ads from Anthropic, Meta, Amazon, Google, and others, as AI continued to take center stage in ad creation and AI product promotion
Following last year's trend of showcasing AI in multimillion-dollar ad spots, the 2026 Super Bowl advertisements took it a step further …
Sam Altman says Anthropic's Super Bowl ads are funny but “dishonest”, and Anthropic serves a “product to rich people” while OpenAI is “committed to free access”
First, the good part of the Anthropic ads: they are funny, and I laughed. But I wonder why Anthropic would go for something so clearly dishonest. Our most important principle for a...
Anthropic says “Claude will remain ad-free”, its users “won't see ‘sponsored’ links adjacent to” conversations, and responses won't be influenced by advertisers
There are many good places for advertising. A conversation with Claude is not one of them.
Klarna's shares closed up 14.55% at $45.82 in its NYSE debut, giving it a $17B+ market cap, after the company and some of its backers raised $1.37B in its IPO
svenska handelsbanken 1.27 — tf bank 1.32 — swedbank 1.46 — norion bank 1.48 — skandinaviska enskilda banken 1.66 — klarna bank ab 7.25 [embedded post] Molly Taft / @moll...
Atlassian agrees to acquire The Browser Company for $610M in cash, set to close by December; founded in 2019, the startup beta launched the Dia browser in June
Atlassian said it has agreed to acquire The Browser Co., a startup that offers a web browser with artificial intelligence features, for $610 million in cash.
OpenAI touts GPT-5's scores on math, coding, and health benchmarks: 94.6% on AIME 2025 without tools, 74.9% on SWE-bench Verified, and 46.2% on HealthBench Hard
After literally years of hype and speculation, OpenAI has officially launched a new lineup of large language models (LLMs) …
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
A profile of Luke Farritor, a 23-year-old Thiel Fellow who gained recognition for using AI to help decipher the Herculaneum papyri and later joined DOGE
Luke Farritor could have been an artist, or a builder, or someone dedicated to seeing a great historical mystery through.
Source: the US National Nuclear Security Administration was among those breached by a hack of SharePoint; no sensitive information is known to be compromised
The US agency responsible for maintaining and designing the nation's cache of nuclear weapons was among those breached by a hack …
A look at The Technology Brothers Podcast Network, a daily tech news talk show that has captured the attention of Silicon Valley's investors and founders
In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention … X: @willmanidis , @dwr , @manasjsaloi , @thefrandaw...
A look at The Technology Brothers Podcast Network, a daily tech news talk show that has captured the attention of Silicon Valley's investors and founders
In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention … X: @willmanidis , @dwr , @manasjsaloi , @thefrandaw...
A look at The Technology Brothers Podcast Network, a daily tech news talk show that has captured the attention of Silicon Valley's investors and founders
In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention … X: @ashleymayer , @turnernovak , @frankcdale , @ada...
The Trump administration exempts smartphones, laptops, hard drives, processors, memory chips, and machines used to make semiconductors from “reciprocal tariffs”
President Donald Trump's administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs …
Sam Altman says DeepSeek's R1 is an “impressive model, particularly around what they're able to deliver for the price” and OpenAI “will pull up some releases”
OpenAI Chief Executive Officer Sam Altman welcomed the debut of DeepSeek's R1 model in a post on X late on Monday.
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits
China is pulling the same trick. — www.ft.com/content/747a... Mastodon: Brian Kung / @briankung@hachyderm.io : “There's a pretty delicious, or maybe disconcerting irony to this, ...
Rather than weakening China's AI capabilities, US sanctions appear to be driving startups like DeepSeek to innovate by prioritizing efficiency and collaboration
The AI community is abuzz over DeepSeek R1, a new open-source reasoning model. — The model was developed by the Chinese AI startup DeepSeek …
Yann LeCun says DeepSeek “profited from open research and open source” like Meta's Llama and is proof that open source models are surpassing proprietary ones
If you hadn't heard, there's a new AI star in town: DeepSeek, the subsidiary of Hong Kong-based quantitative analysis …
Trump revokes Biden's 2023 executive order that sought to reduce the risks that AI poses to consumers, workers, and national security, fulfilling a GOP pledge
U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks …