Benchmark general partner Bill Gurley on Monday said the artificial intelligence wave is real and a lot of people got rich quick, but he expects a “reset” to come. “When people get rich quick, a whole bunch of people come in and want to get rich too, and that’s why we end up with bubbles,”…
Arda Kucukkaya | Anadolu | Getty Images Meta stock climbed about 3% on Monday, following what it called “speculative” reports that the company is planning to lay off over 20% of its workforce to balance its big artificial intelligence spending plans this year. Reuters reported on Saturday that top executives at the tech giant told…
While attending college at the Indian Institute of Information Technology, Allahabad, Suras Nayak knew he wanted to leave his hometown of Hyderabad, India, and travel the world. “When I was growing up, I always had this idea somewhere behind my head that I always wanted to move abroad, but I was a little bit influenced…
Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capabilities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that…
1. Barrel roll-out Pumpjacks operate while others stand idle in the Belridge oil field on March 10, 2026 near McKittrick, California. Mario Tama | Getty Images The member states of the International Energy Agency yesterday agreed to release 400 million barrels of oil from its reserves, the largest release from the agency’s emergency stockpile ever….
Photo: Jaromir Chalabala / Getty U.K. regulators are calling on social media giants to enforce stricter protection for children on their platforms after a blanket ban for under-16s was rejected by lawmakers. Online safety organizations Ofcom and the Information Commissioner’s Office said they had written to YouTube, TikTok, Facebook, Instagram, and Snapchat on Thursday, urging…
A man wears a lobster hat that represent the OpenClaw logo, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images China is rapidly embracing the popular artificial intelligence tool OpenClaw, with major tech companies and even local governments rushing to expand access to…
Fairgoers play at the Xbox booth at the Cologne Trade Fair Center during the opening day of Gamescom 2025 in Cologne, Germany, on Aug. 20, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Wednesday that it will send video game developers prototypes of its next-generation Xbox console in 2027, as the company tries…
Pete Hegseth, US secretary of defense, arrives for a medal of honor ceremony in the East Room of the White House in Washington, DC, US, on Monday, March 2, 2026. Jim Lo Scalzo | EPA | Bloomberg | Getty Images A tech industry group, whose members include Nvidia, Google and Anthropic, sent a letter to…
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images South Korea’s Kospi jumped as much as 12% on Thursday, staging a sharp rebound from its worst session, and on course to clock its best day, data from LSEG…