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OpenStore’s demise marks endgame for once-booming e-commerce aggregator market

cnbc.com Annie Palmer 2025-12-08 03:40:47

When venture capitalist Keith Rabois got into e-commerce, he couldn't stop buying brands. Now, everything must go. OpenStore, co-founded by Rabois in 2021, is shutting down nearly all of the 40-plus Shopify stores it acquired, and it's in the process of liquidating any remaining inventory by offering steep discounts to move merchandise. Earlier this week, the company announced it plans to focus solely on growing Jack Archer, the menswear brand it bought for $837,000 in 2022. The website addres

Topics: brand commerce company openstore rabois

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Honda Is Giving Up on the All-Electric Dream

gizmodo.com Luc Olinga 2025-12-08 03:15:49

Honda just dealt a huge blow to the all-electric dream. In a stunning reversal, the Japanese auto giant has announced it is rethinking its electrification strategy, signaling that battery-electric vehicles (BEVs) are no longer the holy grail of its future. The move is a major setback for the EV industry, which is already reeling from the September 30 expiration of federal tax credits that made electric cars competitive with their gas-powered counterparts. For years, the auto industry, mesmerize

Topics: company electric ev honda industry

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Trump calls for Intel boss to resign immediately, alleging China ties

feeds.bbci.co.uk Unknown 2025-12-07 22:47:38

Trump calls for Intel boss to resign immediately, alleging China ties 13 hours ago Share Save Natalie Sherman BBC News Share Save Getty President Donald Trump has called on the head of US chipmaker Intel to resign "immediately", accusing him of having problematic ties to China. In a social media post, Trump said Lip-Bu Tan was "highly conflicted", apparently referring to his alleged investments in companies that the US says are tied to the Chinese military. It is unusual for a president to de

Topics: intel mr said tan trump

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Columbia University data breach impacts nearly 870,000 individuals

bleepingcomputer.com Unknown 2025-12-08 10:43:28

An unknown threat actor has stolen the sensitive personal, financial, and health information of nearly 870,000 Columbia University current and former students and employees after breaching the university's network in May. Established in 1767 as King's College, Columbia University is a private Ivy League research university with a budget of $6.6 billion in 2024, over 20,000 employees, including 4,700 academic staff, and over 35,000 enrolled students across 19 schools and special programs. The

Topics: columbia data employees information university

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Rocket Report: Firefly lights the markets up; SpaceX starts selling trips to Mars

arstechnica.com Unknown 2025-12-08 14:00:14

Welcome to Edition 8.06 of the Rocket Report! After years of disappointing results from SPACs and space companies, it is a good sign to see Firefly's more traditional initial public offering doing so well. The company has had such a long and challenging road over more than a decade; the prospect of their success should be heartening to the commercial space industry. As always, we welcome reader submissions. If you don't want to miss an issue, please subscribe using the box below (the form will

Topics: 2026 company delta firefly space

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The Song of the Summer Is Dead

wired.com Jason Parham 2025-12-08 14:00:00

Devon Powers says there is one significant data point no one has considered in the debate around 2025’s Song of the Summer, or rather, why there doesn’t really seem to be one this year: Donald Trump. As media has become less centralized—music streamers replaced radio stations, TikTok killed the music video, and so on—how people consume music, and who they listen to, has become even more fragmented. But today, Trump represents a reawakened avatar of cultural togetherness. He may be the closest t

Topics: music people powers says trump

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Sony insists Xperia phones are ‘very important’ to it

theverge.com Dominic Preston 2025-12-08 12:17:57

is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. Posts from this author will be added to your daily email digest and your homepage feed. CFO Lin Tao mentioned Sony’s beleaguered phone brand at the company’s recent financial results presentation, calling it “a very important business for us,” according to CNET Japan. Once upon a time, Xperia mattered to Sony because it still held a healthy chunk of Japan’s phone market. Th

Topics: important japan phone sony xperia

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The Dia browser now offers a $20/month subscription plan

9to5mac.com Marcus Mendes 2025-12-08 05:03:59

The Browser Company has announced a subscription plan for Dia, its new AI-powered browser. Here are the details. Dia now offers a Dia Pro subscription plan A couple of months ago, The Browser Company launched Dia, its new crack at an AI-powered browser. That came after it decided to shut down the Arc browser, much to the dismay of passionate and highly engaged early adopters who enjoyed the company’s completely different take on what a browser should look like and behave. With Dia, which rem

Topics: ai browser company dia limits

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OpenAI gives some employees a ‘special’ multimillion-dollar bonus

theverge.com Alex Heath 2025-12-08 11:23:15

Posts from this author will be added to your daily email digest and your homepage feed. The day before the launch of GPT-5, OpenAI CEO Sam Altman surprised employees with a message in the company’s Slack. “As we mentioned a few weeks ago, we have been looking at comp for our technical teams given the movement in the market,” wrote Altman, according to a copy of the message that was shared with me. He announced that OpenAI would give a “special one-time award” to researchers and software engine

Topics: altman company employees openai time

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Intel’s CEO Lip-Bu Tan under fire amid Washington backlash and board friction

9to5mac.com Marcus Mendes 2025-12-08 14:05:40

When Lip-Bu Tan took over as Intel’s CEO last March, the market reacted with a 13% stock bump, signaling renewed confidence in the company’s future. But today, after weeks of internal tensions, Intel’s situation has grown even more delicate, now drawing scrutiny from the White House. Internal pressure at Intel has been mounting for months After Tan was appointed as Pat Gelsinger’s successor as Intel CEO, many saw it as a positive move to reset the company’s strategy and leadership. Tan, for h

Topics: company intel internal tan today

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After Mount Vesuvius Demolished Pompeii, People Returned to Live Among the Ruins

gizmodo.com Margherita Bassi 2025-12-08 12:56:11

In 79 CE, Mount Vesuvius erupted in what would become one of humanity’s most infamous ancient tragedies. Tens of centuries later, archaeologists eagerly dug through the ash and pumice to rediscover the buried Roman cities of Pompeii and Herculaneum in all their preserved glory. In their eagerness, however, they may have missed an important layer of history. While working in the Insula meridionalis—the southern quarter of Pompeii’s ancient urban center—archaeologists uncovered evidence confirmin

Topics: 79 archaeologists city history pompeii

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What are semiconductors and why is Trump threatening 100% tariffs?

feeds.bbci.co.uk Unknown 2025-12-08 04:31:58

What are semiconductors and why is Trump threatening 100% tariffs? 11 hours ago Share Save Liv McMahon & Shiona McCallum Technology reporters Share Save Getty Images The manufacture of the tiny tech that powers billions of devices is under a microscope. US President Donald Trump has said he plans to introduce 100% tariffs on semiconductor imports. The tiny chips power a range of different devices and are integral to modern technology and the global economy. While some semiconductor producers

Topics: manufacturing semiconductors tariffs tech trump

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Trump opens door for crypto in retirement accounts

feeds.bbci.co.uk Unknown 2025-12-08 16:41:52

Trump opens door for crypto in retirement accounts But critics say it could increase risks for savers. The move is intended to eventually give everyday workers new access to investments formerly reserved for wealthy individuals and institutions, while opening up previously untouched pools of funding for firms in those fields. On Thursday, he ordered regulators to look for ways to change rules that might discourage employers from including such offerings in workplace retirement accounts, known

Topics: accounts employers firms private retirement

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Tesla exec leading development of chip tech and Dojo supercomputer is leaving company

cnbc.com Lora Kolodny 2025-12-08 17:42:06

Tesla's vice president of hardware design engineering, Pete Bannon, is leaving the company after first joining in 2016 from Apple , CNBC has confirmed. Bannon was leading the development of Tesla's Dojo supercomputer and reported directly to Musk. Bloomberg first reported on Bannon's departure, and added that Musk ordered his team to shut down, with engineers in the group getting reassigned to other initiatives. Tesla didn't immediately respond to a request for comment. Since early last year,

Topics: company models musk said tesla

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Save $50 on the Ember Smart Mug 2, my favorite tech gadget

androidauthority.com Unknown 2025-12-09 03:47:53

I am literally sipping some amazing coffee out of my Ember Smart Mug 2 as I write this deals article. It quickly became my favorite tech gadget, and I paid much more than you will if you take advantage of today’s deal. The Ember Mug 2 10oz is $50 off right now! Buy the Ember Smart Mug 2 10oz for just $79.99 ($50 off) This offer is available from Amazon. The only caveat is that the discount only applies to the Black color version. All other variants cost more. Also, keep in mind this offer is fo

Topics: 99 ember mug smart temperature

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Rocket Lab eyes big defense opportunities with new acquisition

techcrunch.com Aria Alamalhodaei 2025-12-09 03:23:39

Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts. The company’s space systems brought in $97.9 million of the $144.5 m

Topics: company lab million quarter rocket

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Firefly Aerospace soars over 30% in market debut to land at $8.5 billion valuation

cnbc.com Samantha Subin 2025-12-09 08:13:36

Firefly’s CEO Jason Kim reacts during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Firefly Aerospace jumped more than 34% in its Nasdaq debut on Thursday after pricing shares above its expected range. The stock closed at $60.35, valuing the company at roughly $8.5 billion. Shares initially opened at $70 under the ticker symbol FLY. Space technology has gained momentum in recent years as companies such as Elon Musk's SpaceX amass more funding and governmen

Topics: company expected firefly million shares

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Instacart tops estimates, issues upbeat outlook

cnbc.com Samantha Subin 2025-12-09 08:46:33

The Instacart logo is seen on a smartphone and on a PC screen. Simo, who helped take the grocery delivery company public in 2023 and guided it through a massive growth period during the Covid-19 pandemic, will step down from her position later this month as she joins OpenAI as its new head of applications. "We delivered another strong quarter, reinforcing the essential role we play in helping families save time, money, and effort putting food on the table," wrote outgoing CEO Fidji Simo in a s

Topics: billion company instacart value year

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How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

cnbc.com Kif Leswing 2025-12-09 08:47:07

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNT WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump has made clear that he wants Apple to make iPhones in the U.S. Apple CEO Tim Cook is doing what he can to appease the commander in chief, without making that ultimate concessio

Topics: apple billion chips said trump

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Leonardo Chiariglione – Co-founder of MPEG

news.ycombinator.com Unknown 2025-12-08 20:09:41

I needed an organisation that would create digital media standards for consumers to seamlessly communicate and industry operate in a global market of interoperable products, services and applications. I conceived that organisation in 1987, established it in 1988I, and called Moving Picture Experts Group (MPEG). In four years, MPEG had ushered in the digital media age with MPEG-1, a standard for interactive media used in Video CD, digital audio broadcasting (MP2), and personal music (MP3). Starti

Topics: ai digital media mpeg standards

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How AI conquered the US economy: A visual FAQ

news.ycombinator.com Derek Thompson 2025-12-08 20:12:54

The American economy has split in two. There’s a rip-roaring AI economy. And there’s a lackluster consumer economy. You see it in the economic statistics. Last quarter, spending on artificial intelligence outpaced the growth in consumer spending. Without AI, US economic growth would be meager. You see it in stocks. In the last two years, about 60 percent of the stock market’s growth has come from AI-related companies, such as Microsoft, Nvidia, and Meta. Without the AI boom, stock market retur

Topics: ai boom companies economy growth

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The Q Programming Language

news.ycombinator.com Unknown 2025-12-05 06:07:10

The Q Programming Language Q is a minimal, dependency-free programming language and compiler targeting x86-64 and arm64 with ultra-fast builds and tiny binaries. Features High performance ( ssa and asm optimizations) and optimizations) Fast compilation (<100 μs for simple programs) Tiny executables ("Hello World" is ~600 bytes) Multiple platforms (Linux, Mac and Windows) Zero dependencies (no llvm, no libc) Installation Warning q is under heavy development and not ready for production ye

Topics: build code examples hello run

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Very Important Study Calculates Your Chance of Being Killed by an Asteroid vs Several Other Scary Things

gizmodo.com Passant Rabie 2025-12-09 08:11:24

In what first appears like a rather morbid game of “which would you rather?”, researchers have released a new study that games out how likely the average person is to die should one of various mishaps like car crashes, carbon monoxide poisoning, and lightning strikes, occur—or because a giant asteroid destroys the Earth. The probability of a planet-annihilating asteroid crashing into Earth is low, but it’s not zero. In fact, Earth had a recent close call when a newly discovered asteroid was cal

Topics: asteroid earth impact likely researchers

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Google discovered a new scam—and also fell victim to it

arstechnica.com Unknown 2025-12-09 08:05:34

In June, Google said it unearthed a campaign that was mass-compromising accounts belonging to customers of Salesforce. The means: an attacker pretending to be someone in the customer's IT department feigning some sort of problem that required immediate access to the account. Two months later, Google has disclosed that it, too, was a victim. The series of hacks are being carried out by financially motivated threat actors out to steal data in hopes of selling it back to the targets at sky-high pr

Topics: access attackers campaign data salesforce

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AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings

cnbc.com Ari Levy 2025-12-09 12:25:17

AppLovin shares resumed their historic rally on Thursday after the ad-tech company reported better-than-expected earnings for the second quarter. The stock popped 12% and is now up 35% for the year after soaring more than eightfold in 2024. Wall Street has piled into the company due to its growth from artificial intelligence technology that's given advertisers more ways to target users in mobile games. CEO Adam Foroughi suggested on the earnings call that another wave of growth is likely on

Topics: apple case company court foroughi

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Elon Musk Appears to Now Be the Most Hated Person in America, According to New Research

futurism.com Unknown 2025-12-09 12:28:57

At first, Elon Musk's Department of Government Efficiency appeared to be a joke, designed to keep the billionaire occupied as he pranced on stage next to then-presidential candidate Donald Trump. By late October, Musk warned that Americans would have to "endure hardship" if Trump were to win, resulting in some people being "upset." "I’ll probably need a lot of security, but it’s got to be done," he said at the time, referring to his plans to gut government agencies with the help of DOGE. Over

Topics: musk poll popularity trump year

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Peloton Is Cutting Jobs and Shifting Focus to Members’ ‘Entire Wellness Journey’

gizmodo.com Bruce Gil 2025-12-09 12:10:31

Peloton, the struggling New York-based fitness tech company, announced today that it plans to cut roughly six percent of its workforce in an effort to save costs and turn the company around. Additionally, the company’s new CEO, Peter Stern, told investors that the company would be expanding beyond its cardio roots and into the general health and wellness space. “This is not a decision we came to lightly, as it impacts many talented team members, but we believe it is necessary for the long-term

Topics: company investors new peloton stern

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Paramount is now a Skydance Corporation

theverge.com Charles Pulliam-Moore 2025-12-09 12:35:20

is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. It’s official: Skydance Media’s deal to purchase CBS parent company Paramount Global for $8 billion is complete, and incoming chairman / CEO David Ellison’s first order of business is a massive restructuring. In an open letter about his plans for Paramount, a Skydance Corporation (the merged companies’ new name), Ellison announced th

Topics: company ellison new paramount skydance

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OpenAI Releases GPT-5, Says It's Shutting Down All Previous Models

futurism.com Unknown 2025-12-09 16:57:54

OpenAI has released its long-awaited GPT-5 AI model, making it free to use for anybody as of today. The Sam Altman-led company calls it "our smartest, fastest, and most useful model yet," making it "more useful responses across math, science, finance, law, and more." "GPT-5 is the first time that it really feels like you're talking to an expert in any topic," Altman said during a press briefing today, likening it to Apple's iPhone switching to high-density Retina displays, whose individual pix

Topics: ai company gpt model openai

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Katie Miller, Former DOGE Goon and Stephen Miller’s Wife, Leaves Elon to Start Podcast

gizmodo.com Matt Novak 2025-12-09 16:10:39

When Katie Miller left her role as a spokesperson for Elon Musk’s so-called Department of Government Efficiency (DOGE) at the end of May, she was said to be joining the billionaire in his private business endeavors. But just two months later, it sounds like things didn’t work out in the House of Musk. Katie Miller, the wife of White House ghoul Stephen Miller, announced Thursday that she’s making a new pivot and will become a podcaster focused on entertainment for conservative women. Miller rel

Topics: katie miller musk people trump

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Latest Tech News

OpenStore’s demise marks endgame for once-booming e-commerce aggregator market

Honda Is Giving Up on the All-Electric Dream

Trump calls for Intel boss to resign immediately, alleging China ties

Columbia University data breach impacts nearly 870,000 individuals

Rocket Report: Firefly lights the markets up; SpaceX starts selling trips to Mars

The Song of the Summer Is Dead

Sony insists Xperia phones are ‘very important’ to it

The Dia browser now offers a $20/month subscription plan

OpenAI gives some employees a ‘special’ multimillion-dollar bonus

Intel’s CEO Lip-Bu Tan under fire amid Washington backlash and board friction

After Mount Vesuvius Demolished Pompeii, People Returned to Live Among the Ruins

What are semiconductors and why is Trump threatening 100% tariffs?

Trump opens door for crypto in retirement accounts

Tesla exec leading development of chip tech and Dojo supercomputer is leaving company

Save $50 on the Ember Smart Mug 2, my favorite tech gadget

Rocket Lab eyes big defense opportunities with new acquisition

Firefly Aerospace soars over 30% in market debut to land at $8.5 billion valuation

Instacart tops estimates, issues upbeat outlook

How Tim Cook convinced Trump to drop made-in-USA iPhone — for now

Leonardo Chiariglione – Co-founder of MPEG

How AI conquered the US economy: A visual FAQ

The Q Programming Language

Very Important Study Calculates Your Chance of Being Killed by an Asteroid vs Several Other Scary Things

Google discovered a new scam—and also fell victim to it

AppLovin CEO sees benefits from Apple-Epic fallout as stock pops on earnings

Elon Musk Appears to Now Be the Most Hated Person in America, According to New Research

Peloton Is Cutting Jobs and Shifting Focus to Members’ ‘Entire Wellness Journey’

Paramount is now a Skydance Corporation

OpenAI Releases GPT-5, Says It's Shutting Down All Previous Models

Katie Miller, Former DOGE Goon and Stephen Miller’s Wife, Leaves Elon to Start Podcast

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