Spotify generates the vast bulk of its income from ads and subscriptions, but for the past few years the music-streaming giant has also been quietly building out a developer tooling business. Backstage, a project it open-sourced in 2020, has been adopted by more than 2 million developers across 3,400 organizations, including Airbnb, LinkedIn, Twilio, and […]
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Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein […]
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Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the company’s […]
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Welcome back to Week in Review! We’ve got lots of news for you today: Amazon earnings, Apple earnings, ChatGPT sycophancy, Alibaba’s AI models, and much more. Let’s get to it! Well? During Apple’s earnings call yesterday, Tim Cook revealed that the company paid $900 million in tariffs last quarter. But despite this, the CEO didn’t […]
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Google’s most expensive AI model seems to have crossed a major milestone: Beating a 29-year-old video game. Last night, Google CEO Sundar Pichai posted triumphantly on X, “What a finish! Gemini 2.5 Pro just completed Pokémon Blue!” To be clear, the Gemini Plays Pokemon livestream was created by (in his own words) “a 30 year […]
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Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs. However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned. The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of […]
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Apple and Anthropic are teaming up to build a “vibe-coding” software platform that will use generative AI to write, edit, and test code for programmers, Bloomberg reported on Friday. The iPhone maker is planning to roll out the software internally, according to Bloomberg, but hasn’t decided if it will launch it publicly. The system is […]
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Uber announced Friday yet another autonomous vehicle partnership as it leverages its dominant ride-hail and delivery position while relying on partners to supply the self-driving tech it isn’t building in-house. Today, the lucky startup is Chinese self-driving firm Momenta. The tie-up comes a day after Uber added Ann Arbor-based May Mobility to its roster of […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was low on M&A and IPO news, but there was still some drama to follow, if that’s your thing — and more importantly, some worthy […]
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Ara Partners recently raised an $800 million infrastructure fund focused on reducing carbon emissions in industrial sectors.
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Google’s NotebookLM Android and iOS apps are expected to launch on May 20, according to app store listings. The apps are currently available for pre-order. Since its launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop. Google is now gearing up to make the service available on the go. […]
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OpenAI says it’ll make changes to the way it updates the AI models that power ChatGPT, following an incident that caused the platform to become overly sycophantic for many users. Last weekend, after OpenAI rolled out a tweaked GPT-4o — the default model powering ChatGPT — users on social media noted that ChatGPT began responding in […]
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Reddit CEO Steve Huffman says there are two kinds of people who come to the social media platform: Scrollers and seekers. Scrollers are the ones who come to Reddit’s core product, which is community conversation and engaging about topics they’re passionate about, from r/sourdough to r/popculturechat. Then there are the Seekers; the people who might […]
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Amazon’s upgraded digital assistant powered by generative AI, Alexa+, has rolled out to over 100,000 users, CEO Andy Jassy said on the company’s earnings call Thursday. While that’s a far cry from the 600 million Alexa devices out there, the company is making some progress on the rollout of Alexa+, which was first unveiled in […]
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"We're very engaged on the tariff discussions, Apple CEO Tim Cook said. "On the pricing piece, we have nothing to announce today."
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