Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.
Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.

Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit u…

STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom
STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom

The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. W…

Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America.
Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America.

  Elon Musk texted Greg Brockman two days before trial to ask about settling. Brockman suggested Musk drop all claims against the individuals. Musk replied: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so …

Hospital websites are still leaking patient data to advertisers, four years after the warnings
Hospital websites are still leaking patient data to advertisers, four years after the warnings

A new Bloomberg-Feroot investigation finds that nine of the 10 largest US health companies are still loading advertising trackers on the very pages where patients log in and register. The story keeps repeating because nothing has stopped it. There is, …

Italy’s largest vertical SaaS round: Smartness raises €47M to scale AI operations
Italy’s largest vertical SaaS round: Smartness raises €47M to scale AI operations

Trentino-based Smartness tech travel startup has just raised €47 million Series B, in a round including primary and secondary equity and debt, being the largest round completed for an Italian vertical SaaS company. Smartness is a tech company that offe…

SK Hynix jumps 12% as Big Tech doubles down on AI memory
SK Hynix jumps 12% as Big Tech doubles down on AI memory

A $725bn hyperscaler capex ramp and a 20% HBM price rise have made the South Korean chipmaker the second-most valuable company on the KOSPI. The harder question is when supply catches demand. There is a small joke in semiconductor circles about which p…

Anthropic and Wall Street are building a $1.5bn pipeline into private equity
Anthropic and Wall Street are building a $1.5bn pipeline into private equity

A joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and General Atlantic will sell Claude into the buyout firms’ portfolio companies. OpenAI’s DeployCo arrived first; this one is bigger. There is a kind of business school question t…

Samsung swaps its TV chief for the first time in two years as TCL closes in
Samsung swaps its TV chief for the first time in two years as TCL closes in

Won-Jin Lee, a marketing veteran, takes over the Visual Display business after a quarter of declining TV profits. His predecessor moves to AI and robotics. Samsung Electronics has changed the head of its television business for the first time in more t…

OpenAI just turned ChatGPT into the backend for the most popular open-source project in history. Anthropic banned it.
OpenAI just turned ChatGPT into the backend for the most popular open-source project in history. Anthropic banned it.

  Sam Altman posted on X at 2:33 a.m. on 2 May: “you can sign in to openclaw with your chatgpt account now and use your subscription there! happy lobstering.” The announcement, delivered with the casual register of a founder pushing a minor product upd…

The Academy has not banned AI from the Oscars. It has defined what it means to be the author of a film.
The Academy has not banned AI from the Oscars. It has defined what it means to be the author of a film.

The Academy of Motion Picture Arts and Sciences announced new eligibility rules on 2 May for the 99th Academy Awards, and the two that matter most are about seven words each. Acting nominations will be limited to roles “demonstrably performed by humans…