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The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, a metric calculated by multiplying the latest month’s revenue by 12, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the past three months. The disclosure appears timed to counter a recent wave of skepticism. Last week, tweets went viral questioning whether Cursor’s momentum was stalling, citing high-profile defections by individual developers to competing tools — particularly Anthropic’s Claude Code. Founded in 2022, Cursor initially sold its product primarily to individual developers. Over the last year, however, it has…
Joe Gebbia, cofounder of Airbnb and the US Chief Design Officer appointed by Trump, was spotted in San Francisco today using a mysterious metallic device. In a social media post on X viewed over 500,000 times, a man who looks like Gebbia sits with an espresso at a coffee shop. He’s wearing metallic buds that bisect his ears, with a matching clamshell-shaped disc in front of him on the counter.After the video was posted Monday morning, social media users were quick to suggest that this could be some kind of prototype from OpenAI’s upcoming line of hardware devices designed in…
With about 100 days until the World Cup, Telemundo is making its pitch to viewers.Today, Telemundo, the exclusive Spanish-language home of the tournament in the U.S., revealed details of its extensive coverage plans for the upcoming World Cup taking place in the United States, Mexico, and Canada, including the launch of a new marketing campaign aimed at bringing fans together.Speaking with ADWEEK, Joaquin Duro, evp of sports and head of streaming, Telemundo, said there would be more than 700 hours of programming, including a live presence at all 104 matches, dedicated daily shows, and an extensive digital footprint. In addition,…
Stripe on Monday released a preview of a new feature that could help AI startups (and other companies) solve the problem of passing through the underlying costs of AI model usage to their customers. Stripe’s feature, however, goes even further than just passing through the costs of the tokens. It allows startups to charge a markup percentage on token usage. So a company can, for instance, charge an automatic 30% above the cost of the tokens that the startup will pay the model maker. As Stripe described it, “Say you’re building an AI app: you want a consistent 30% margin…
“There are Chinese components as well—we are totally open about it—but the key is that as we compile the software ourselves and install it in Finland, we protect the integrity of the product,” Pienimäki says.What makes Sailfish OS unique over competitors like GrapheneOS or e/OS is that it’s not based on the Android Open Source Project, but Linux. That means it has no ties to Google—no need for the company to “deGoogle” the software; meaning there’s a greater sense of sovereignty over the software (and now the hardware). Still, it’s able to run Android apps, though the implementation isn’t perfect.…
In a new 44-slide pitch deck, obtained exclusively by ADWEEK, X is once again pitching itself as a highly safe environment for advertisers. The slides promote various tools for transparency, campaign measurement, and brand safety that debuted between 2022 and 2025. X presented the deck to brand- and agency-side advertisers last week, according to a source familiar with the matter. These include keyword controls, blocklists, as well as partnerships with leading media quality firms DoubleVerify, Integral Ad Science (IAS), and Trustworthy Accountability Group. Notably, the deck positions Grok—the AI chatbot operated by X’s parent company xAI and integrated natively into X—as a…
U.S. app uninstalls of ChatGPT’s mobile app jumped 295% day-over-day on Saturday, February 28, as consumers responded to the news of OpenAI’s deal with the Department of Defense (DoD), which has been rebranded under the Trump administration as the Department of War. This data, which comes from market intelligence provider Sensor Tower, represents a sizable increase compared with ChatGPT’s typical day-over-day uninstall rate of 9%, as measured over the past thirty days. Meanwhile, U.S. downloads for OpenAI competitor, Anthropic’s Claude, jumped up by 37% day-over-day on Friday, Feb. 27, and 51% as of Saturday, Feb. 28, after the company announced…
In the lead-up to the United States and Israel’s attack on Iran, prediction markets saw a frenzy of activity tied to the conflict. Speculators rushed to guess when the first missile strikes would begin and who might be impacted, placing trades worth hundreds of millions of dollars in total. There are already big winners—and some big losers. This weekend, following the death of Iranian Ayatollah Ali Khamenei, Kalshi faced a customer revolt over how it handled a $54 million market about the fate of Iran’s leadership. “People are absolutely livid,” says Kalshi trader Nicholas Mahoney.The market offered “yes” or “no”…
Paramount ads leader Jay Askinasi is making moves.Today, Askinasi, in an internal memo obtained by ADWEEK, announced that Paramount is hiring Danielle Carney, Amazon Ads’ former head of live sports and video sales, as its new head of U.S. ad sales. The company is also bringing on Chris Brady, former Tribeca Enterprises president and global chief commercial officer, as evp of Paramount Media Labs, a role designed to help develop brand integrations and partnerships. The moves are effective March 9, with both execs reporting to Askinasi.An Amazon Ads spokesperson confirmed Carney’s departure, saying, “We appreciate her contributions to the Amazon…
PayPay, Japan’s leading mobile payment app, has reportedly postponed its US IPO due to market volatility and recent conflict in the Middle East. The company was planning to release its IPO price range on Monday, March 2. PayPay aimed for a valuation of at least ¥1.5 trillion ($10 billion), Bloomberg reported. PayPay was founded in 2018 as a joint venture between SoftBank and Yahoo Japan, with technical collaboration from India’s Paytm. In late 2024, Paytm sold its remaining stake to SoftBank for approximately $279 million. While 2026 opened with high expectations for tech IPOs, several companies withdrew or delayed their…
Uber’s delivery service pays for every pickup and drop-off as well as a per-mile rate, along with any tips given by customers. In some cities, drivers also get a per-minute rate. This means that refusing to take an order has a direct impact on earnings.The driver for Deliveroo added that he has not received any safety guidelines or advice from the company with regards to ongoing missile and drone strikes.Essential WorkDelivery apps also bring groceries, medicine and other supplies to people staying inside. Careem noted a surge in demand for pantry staples including water, rice, pasta, and fresh produce.According to…
Anthropic is making the most of its fallout with the U.S. Department of Defense—and the subsequent influx of interest in its answer engine Claude, promoting its memory import feature, which lets users port over their chat history from other AI chatbots.The memory tool was originally debuted in October of last year, but the company is promoting it anew after integrating memory import interface tools directly into Claude’s settings and publishing a dedicated landing page over the weekend. The dedicated landing page includes demo videos and clear instructions for how users can “switch to Claude without starting over.”The memory import feature…
A group of hacktivists calling themselves “Department of Peace” claimed to have hacked the Department of Homeland Security (DHS), leaking allegedly stolen documents online. On Sunday, the nonprofit transparency collective DDoSecrets published data relating to contracts between DHS, Immigration and Customs Enforcement (ICE), and more than 6,000 companies, including defense contractors Anduril, L3Harris, Raytheon, and surveillance provider Palantir, as well as tech giants Microsoft and Oracle. The hacktivist said the data comes from the Office of Industry Partnership, a unit within DHS that procures technology from the private sector. DHS and ICE did not immediately respond to a request for…
The housing doesn’t feel too cheap or too luxurious. It’s toylike, but not in a chintzy way. The unit can run on three AA batteries (a set is included) or on the included USB-A to DC adapter (you’ll need your own wall charger). The included instruction manual helps you make sense of what the heck all the knobs, levers, buttons, and lights mean.You’ll start with the sequencer, which is where you’ll find a selection of hundreds of premade melodies with or without drum beats. Then you’ll use the other controls to manipulate this sound. The tempo lever controls the speed,…
Performance marketing teams have no shortage of dashboards, but what they often lack is speed. That gap is what the startup Plurio is trying to close.To do so, the San Francisco-based company has raised $3.5 million in seed funding from investors including Altair, DVC, Yellow Rocks, Finom co-founder Kos Stiskin, and ManyChat co-founder Mike Yan, according to CEO and co-founder Seva Ustinov. The funding will support the rollout of its AI agent, which analyzes campaign data across channels, predicts downstream performance, and executes approved changes automatically.Founded as a marketing analytics platform called Elly Analytics, the company repositioned itself last year around…
Following the surprising news that Netflix had withdrawn its bid to acquire Warner Bros. Discovery (WBD), Paramount Skydance stepped in to purchase the company. On Monday, CEO David Ellison announced during a call with investors that the company plans to merge Paramount+ and HBO Max into a single, unified platform. “Our combined company will be home to many of the greatest, most recognizable and beloved franchises in the world, from ‘Harry Potter’ to ‘Top Gun,’ ‘Star Trek’ to ‘Looney Tunes,’ ‘Game of Thrones’ to ‘Yellowstone.’ This represents a tremendous opportunity, and we fully intend to invest in the creative engines…