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One of X’s most visible executives is heading for the door. Nikita Bier is stepping down as the platform’s head of product after roughly 13 months in the job. He arrived with a specific reputation. Bier is a serial entrepreneur known for building viral apps aimed at teenagers, and he joined X in July 2025 […]
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X’s head of product Nikita Bier is stepping down after a year Read More »
Another European fintech has joined the unicorn ranks. Berlin-based Moss has raised €30m in a Series C round that values the spend-management company at more than €1bn. The round was led by Portage. The specialist fintech investor headlined the raise, with existing backer Cherry Ventures also taking part, extending its bet on a company it […]
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Berlin’s Moss becomes a unicorn betting on ‘controllable’ finance AI Read More »
Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]
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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »
Google wants its AI to code better. It may have found a shortcut, and it runs through a startup of about 35 people. The company is in talks with Mechanize, a San Francisco startup that trains AI agents to write software, Business Insider reported. The deal would be worth more than $1.5 billion, four people […]
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Google may spend $1.5bn on a 35-person startup to catch up on AI coding Read More »
Nintendo beats earnings thanks to US tariff refunds it won’t share with gamers Read More »
Two Fossil Fuel Companies Are Betting Big on Data Centers Read More »
Travis Kalanick is putting the band back together. His industrial-robotics startup Atoms has hired Gautam Gupta, who ran Uber’s finances during Kalanick’s tenure, as its new chief financial officer. Gautam Gupta was Uber’s finance chief from 2013 until 2017, the years Kalanick built the company into a global force, and he is now rejoining the […]
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Atoms hires Travis Kalanick’s old Uber finance chief as CFO Read More »
The company that made AI cheap is about to make it less so. DeepSeek has warned that a significant price increase is coming for its API, a striking about-face for a firm built on undercutting everyone else. The details are still thin. DeepSeek said only that the rise would land in the near future and […]
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DeepSeek warns of a ‘significant’ price rise, reversing its cheap-AI pitch Read More »
The New York Times has hit a rare bump in an otherwise smooth climb. The publisher added 280,000 net digital subscribers in the second quarter, short of Wall Street’s forecasts, and its shares slipped despite healthy profits. The New York Times remains the standout success of the subscription era, ending the quarter with 13.4 million […]
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The New York Times falls short on digital subscribers as competition bites Read More »
The mood around corporate AI spending is turning, and Uber is saying so out loud. The company’s chief technology officer, Praveen Neppalli Naga, says the era of tokenmaxxing is coming to an end. The term needs a translation. Tokenmaxxing is the practice of spending ever more on AI, measured in the tokens that models consume, […]
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Uber’s tech chief says the AI ‘tokenmaxxing’ era is ending Read More »