Amazon, Meta join fight to end Google Pay, PhonePe dominance in India

PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.

Meta is still burning money on AR/VR

Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.

Meta earnings recap: Revenue beat estimates but stock tumbles as capex expected to reach up to $145B

Meta delivered a Q1 beat, with revenue of $56.3 billion that topped Wall Street estimates — but Wall Street looked spooked by rising capex spending.

Microsoft expects headcount to decrease in coming quarters

Microsoft reported earnings on Wednesday, and CFO Amy Hood gave new forecasts, including a new outlook on headcount at the company.

Exclusive: How one venture firm is investing in an increasingly fragmented world

Geopolitical turmoil has made venture investing challenging, leading Kompas VC to carve out a niche in startups focused on the physical world.

To buy this Bay Area home, you'll need Anthropic equity

Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of South Francisco.

AI Stocks vs. Dot-com Bubble: CAPE at 38, Concentration Above 2000 Levels, but Companies Are Actually Profitable

TNW City Coworking Space - Where your best work happens

Meta is laying off 10% of its entire staff next month. Read the full memo it just sent to employees.

Meta told employees it plans to lay off 10% of staff in May, citing efficiency and rising costs. Staff will get severance and extended benefits.

$25,000 Buys Plenty of Used EVs: Here Are Some Options

Is $20,000–$25,000 a sweet spot for secondhand electric cars? We think so.

Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation

Five years later the founders, now 24 years old, say their startup has achieved $300 million in annualized revenue.

LinkedIn data shows AI isn't to blame for hiring decline... yet

LinkedIn says hiring is down 20% since 2022, but blames higher interest rates — not AI — for the slowdown.

Feds will require data centers to show their power bills

In a first, the U.S. Energy Information Agency said it will require data centers to disclose details of their energy use.