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865 With Adept Deal, Amazon Copies Microsoft; Do Businesses Really Need GPT-5?

The Information
Stephanie Palazzolo @ The Information · 07/01/2024 10:00 EDT

I never thought I’d say this about a nearly 50-year-old company, but Microsoft is turning out to be a trendsetter.First, Microsoft’s $10 billion investment and partnership with OpenAI early last year prompted rival cloud providers to team up with conversational artificial intelligence developers—namely, Amazon Web Services’ similar pact with Anthropic. Then Microsoft’s Copilot AI products set the roadmap of Google. Now, Microsoft seems to be teaching AWS how to do an acquisition-like deal with a well-funded

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Sahil Patel @ The Information 2 place · 11/19/2024 20:54 EDT

Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more

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The Information
Anita Ramaswamy @ The Information 1 place · 11/25/2024 13:25 EDT

Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more

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The Information
Michael Roddan @ The Information 1 place · 11/23/2024 09:00 EDT

Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more

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The Information
Erin Woo @ The Information 2 place · 11/21/2024 16:19 EDT

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The Information
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The Information
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The Information
Rocket Drew @ The Information 3 place · 11/21/2024 17:52 EDT

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The Information
Theo Wayt @ The Information 3 place · 11/21/2024 11:13 EDT

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The Information
Erin Woo @ The Information 2 place · 11/19/2024 22:07 EDT

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