Meta Cuts 1,400 Seattle Jobs as Zuckerberg’s Yacht Docks
The 387-foot yacht passed through Seattle’s Ballard Locks on Tuesday evening, and a crowd gathered along the walkway to watch. Some booed. One heckler shouted at the crew to pay…
JD.com Says It Isn’t Bidding for Britain’s The Very Group
Executives at The Very Group, the British online retailer owned by the Barclay family, spent part of this week answering questions about a buyer that isn’t coming. Reports circulated that…
Micron Crosses $1 Trillion as Memory Stocks Lead a Split Market
The closing bell on May 26 split Wall Street into two markets. The Dow Jones Industrial Average fell 0.23%, the S&P 500 rose 0.61%, and the Nasdaq Composite gained 1.19%.…
Kuaishou’s Kling AI Posts 300% Revenue Jump as Video Model Finds Paying Users
The conventional wisdom about China’s AI industry has been that its models impress and its revenue disappoints. Kuaishou is building a counter-example. In the first quarter of 2026, the company’s…
DuckDuckGo Installations Surge as Google Pushes AI Into Search
The numbers arrived on Monday with a neat symmetry: for six consecutive days, more Americans downloaded DuckDuckGo’s app, and the week’s total rose 18.1% over the week before, the company…
Alibaba’s Qwen3.7-Max Takes Second Place on AI Coding Leaderboard
The ranking that software engineers refresh obsessively changed its top tier this week. Qwen3.7-Max, Alibaba’s newest flagship model, scored 1541 on Code Arena, a widely cited third-party benchmark for AI…
Kuaishou CEO: Kling AI’s Annualized Revenue Approaches $500 Million
Cheng Yixiao, Kuaishou’s chief executive, brought a number to the company’s first-quarter earnings call that investors have been waiting to hear from China’s AI industry: a real revenue figure, growing…
The $500,000 Token Bill: AI Costs Test Silicon Valley’s Faith
The figure circulates privately among AI executives, usually in the form of a question: do you know what one of your users is costing you? A report this week by…
ElevenLabs Lets Creators Edit AI Songs Mid-Generation
The frustration is familiar to anyone who has generated a song with an AI tool: the first verse lands, the chorus lands, and then the second verse drifts into something…
Lenovo Retains Top Spot in China’s IT Services Market
When IDC published its latest ranking of China’s IT services market this month, the name at the top did not change. Lenovo’s solutions-and-services unit kept the No. 1 position for…
