timef 05/11/2025

OpenAI is currently in “a tough negotiation” with its biggest investor and partner, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will remain in control. […]

The mobile controller company Backbone unveiled its Backbone Pro controller this week, which brings iOS and Android gaming experiences to the next level. A successor to the Backbone One controller, the Pro features full-size joysticks, re-mappable buttons, and Bluetooth compatibility, making for a more premium gaming setup. Unlike its predecessor, the Backbone Pro doesn’t need […]

The tech industry seems to have two thoughts when it comes to where human workers fit into the AI-powered world they are creating: Either they think that all the jobs, except perhaps their own, will be done by bots. (VC Marc Andreessen seems to think that his work as an investor could never be automated).  […]

Much of the world isn’t paying close attention to Greece right now. That may be a mistake. Best known for its stunning islands, sun-soaked cities, and deep historical roots, Greece has been quietly laying the foundation for something far less expected: a modern, resilient tech economy. While the international spotlight often misses it, something real […]

For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, Mohamed Abou Ghanima, and Aly Rafea founded Nawy to bring transparency and efficiency to […]

Billy Evans, partner of Theranos founder Elizabeth Holmes, is working on a new startup that seeks to deliver “human health optimization” through blood testing, according to The New York Times. The Times reportedly spoke to two investors pitched on the startup, called Haemanthus, and also viewed some of Haemanthus’ marketing materials. In those materials, the […]

The Federal Trade Commission voted Friday to delay enforcement of the Negative Option Rule — known widely as the “click-to-cancel” rule requiring that companies make it as easy to cancel a subscription as it was to sign up. The rule, which was first announced in 2023, took aim at businesses selling physical and digital goods […]

Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications, […]

Google has agreed to pay the state of Texas $1.375 billion to settle two lawsuits accusing the company of tracking users’ personal location, incognito searches, and voice and facial data without their permission. The lawsuits were brought by Texas Attorney General Ken Paxton in 2022. Facebook’s parent company Meta agreed to pay a similar amount […]

OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for […]