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Backstage access: Spotify’s dev tools side-hustle is growing legs

​Spotify generates the vast bulk of its income from ads and subscriptions, but for the past few years the music-streaming giant has also been quietly building out a developer tooling business. Backstage, a project it open-sourced in 2020, has been adopted by more than 2 million developers across 3,400 organizations, including Airbnb, LinkedIn, Twilio, and […]  

Temu stops shipping products from China to the U.S.

Temu stops shipping products from China to the U.S.

​Chinese retailer Temu has shifted strategy in the face of U.S. tariffs. Through executive order, President Donald Trump has ended the so-called de minimis rule, which allowed goods worth $800 or less to enter the country without tariffs. He’s also increasing tariffs on Chinese goods by more than 100%, forcing both Chinese companies like Shein […]  

Warren Buffett will step down as Berkshire Hathaway CEO

​Legendary investor Warren Buffett announced today that he will ask the Berkshire Hathaway board to have Greg Abel replace him as CEO at the end of 2025. “I think the time has arrived where Greg should become the chief executive officer of the company at year end,” Buffett said at the end of the company’s […]  

Week in Review: Apple won’t raise prices — yet

​Welcome back to Week in Review! We’ve got lots of news for you today: Amazon earnings, Apple earnings, ChatGPT sycophancy, Alibaba’s AI models, and much more. Let’s get to it! Well? During Apple’s earnings call yesterday, Tim Cook revealed that the company paid $900 million in tariffs last quarter. But despite this, the CEO didn’t […]  

Google’s Gemini has beaten Pokémon Blue (with a little help)

​Google’s most expensive AI model seems to have crossed a major milestone: Beating a 29-year-old video game. Last night, Google CEO Sundar Pichai posted triumphantly on X, “What a finish! Gemini 2.5 Pro just completed Pokémon Blue!” To be clear, the Gemini Plays Pokemon livestream was created by (in his own words) “a 30 year […]  

eBay and Etsy are relatively confident despite tariff pressures

​Like virtually every sector in the business world, the secondhand industry is grappling with the ramifications of President Donald Trump’s tariffs.  However, based on the comments made by eBay and Etsy earlier this week, both don’t appear to be overly concerned.  The companies recently reported Q1 2025 earnings results, both addressing the pressing topic of […]  

AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns

AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns

​Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of providing actually useful insights. Systrom said the tactics represent “a force that’s hurting us,” comparing them to those used by social media companies to expand aggressively.  “You can see some of these […]