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eBay sent them a bloody pig mask. Now it owes $56m, and no NDA.

The most disturbing corporate harassment campaign in recent tech history has a price. eBay and three of its former executives will pay nearly $56m to the couple they set out to destroy for writing a critical newsletter. David and Ina Steiner of Natick, Massachusetts, run EcommerceBytes, a small newsletter that covers online selling. In 2019, […]

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The AI coding fight just moved from the model to the harness

The most expensive part of AI coding is no longer the model. It is the software wrapped around it, and enterprises have started to notice. The immediate fight is over price. Cursor, the AI coding tool SpaceX has agreed to buy for $60bn, moved most customers to usage-based billing last year. The renewal bills are […]

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PayPal turned down $53bn, and pointed to a beat and a $70 target

PayPal finally addressed the $53bn offer sitting on its table. Its answer was: not at that price. The company gave its first public response on Tuesday’s Q2 earnings call, alongside a beat. Chief executive Enrique Lores would not comment on Stripe and Advent’s bid directly. He said only that PayPal would “carefully consider” any path […]

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DoorDash gets FAA clearance for in-house drone programme, DoorDash Air

DoorDash has won approval from the Federal Aviation Administration to run its own delivery drones, and promptly made clear that most of your food will still arrive by human. The company unveiled an in-house programme called DoorDash Air on 29 July, built around a custom drone of its own rather than the partners it has […]

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Fish Audio gives its voice AI away, and charges for the latency

Fish Audio, a Palo Alto voice-AI startup, has raised $52m in a round it still calls a seed, first reported by TechCrunch. It arrives at a company with an unusual shape. It gives its best models away, and charges for the wiring around them. The startup is a year old. It says more than 8 […]

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Apple raised its prices, then offered to rent you the phone instead

Apple has a new answer to the complaint that its products cost too much. Do not buy them. Lease them. On Tuesday the company launched Apple Upgrade in the US, a leasing programme run by the buy-now-pay-later firm Klarna. It covers the iPhone, Apple Watch, Mac and iPad, and it starts at $17.99 a month […]

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Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it

Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments network confirmed the cuts on Tuesday, in a staff memo […]

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Eight months ago Altman wanted an AI CEO. Now he says nobody does.

In November, Sam Altman wanted OpenAI to be the first big company run by an AI boss. He said it would be an embarrassment if it were not. This week, he said people do not want an AI boss at all. “Shame on me if OpenAI is not the first big company run by an […]

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