The fate of US venture capital in China teeters on uncertainty

November 25, 2023

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. […]

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Adobe: Thanksgiving US online sales nudge up to $5.6B; Salesforce: $31.7B spent globally

November 24, 2023

Thanksgiving Thursday, when stores in the U.S. are closed and many are spending time off work, has become the de facto start of the holiday shopping season both for those looking to bargains online, and for online retailers to kick off holiday sales deals to meet that demand. But if there is a message from […]

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Startups should consider hiring fractional AI officers

November 24, 2023

Raphael Ouzan Contributor Share on X Raphael Ouzan is the founder and CEO of A.Team, a future-of-work company pioneering the world’s first AI-enabled team formation platform. More posts by this contributor A Developer’s Guide To The Wild West Of App Discovery The AI skills gap is real. A recent study from Randstad, the recruitment company, […]

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Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

November 24, 2023

Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 […]

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The Download: OpenAI’s wild year, and tech’s cult of personality

November 24, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside OpenAI’s wild year Few companies can say they’ve had more of a rollercoaster year than OpenAI. At the beginning of 2023, the world’s hottest AI startup was riding high on the success…