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The Information
Juro Osawa @ The Information · 04/14/2025 04:27 EDT

As Chinese exporters of consumer products face challenges due to President Donald Trump’s tariffs, some of China’s biggest e-commerce companies are launching new initiatives to help export-oriented merchants sell their goods in the domestic market. JD.com, a major online retailer, on Friday ... Read more

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The Information
Laura Mandaro @ The Information · 04/13/2025 13:13 EDT

Commerce Secretary Lutnick Says Electronics, Chip Exemptions Are Temporary

U.S. Commerce Secretary Howard Lutnick indicated Sunday that the exemptions to smartphone and semiconductor imports announced by the Trump administration late Friday were only temporary. “All those products are going to come under semiconductors, and they’re going to have a special focus type of ... Read more

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The Information
Laura Mandaro @ The Information 1 place · 04/12/2025 12:25 EDT

Trump Exempts Smartphones, Electronics Components From Tariff Hikes

The Trump Administration late Friday said it would exempt smartphones and certain electronics components from its “reciprocal” tariff increases that increased levies on some items from China to as much as 145%. In a message from the Customs and Border Protection agency, the administration ... Read more

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The Information
Sara Germano @ The Information 1 place · 04/12/2025 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Patrick Collison’s political philosophy could change America • The Top 5: The very best podcasting gear• A look inside the Breakthrough Prize gala • Plus, our Recommendations: An “All-In” alternative; the liberal hoax that fueled deep-state paranoia; and John le Carré meets Agatha ChristieCongrats on making it through one of the most volatile weeks in the history of global markets! To be... Read more

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The Information
Paris Martineau @ The Information 1 place · 04/12/2025 09:00 EDT

When Ed Zitron launched his podcast “Better Offline” in 2024, a gift from the show’s publisher soon arrived at his Las Vegas home: an imposing seven-foot-tall black felt-clad box known as a VocalBooth. “It’s like a foam prison with lights inside it,” said Zitron. “It’s wonderful.” Nowadays, he steps inside the chamber usually once a week to “get pissed off for, like, an hour and a half”—meaning record an episode... Read more

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The Information
Rocket Drew @ The Information · 04/11/2025 20:58 EDT

A dozen former OpenAI employees argued in a court brief filed Friday that OpenAI’s nonprofit should remain in control of the ChatGPT maker’s business. The document in support of Tesla CEO Elon Musk’s lawsuit against OpenAI includes former employees such as Daniel Kokotajlo and William Saunders ... Read more

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The Information
Natasha Mascarenhas @ The Information · 04/11/2025 20:40 EDT

Safe Superintelligence Inc., the secretive artificial intelligence lab started by OpenAI co-founder Ilya Sutskever, has raised $2 billion in capital at a $32 billion valuation, including the investment, according to a report from the Financial Times. The funding is double the amount that SSI was ... Read more

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The Information
Martin Peers @ The Information · 04/11/2025 18:27 EDT

Google appears to have learned a lesson from 2023, when its layoffs of 12,000 people, or 6.4% of its workforce, became big news and sparked anger among employees used to its cushy culture. In the past 18 months or so, Google has made a series of smaller cuts, mostly at the scale of “hundreds of people” each time, according to news reports in The Information and elsewhere. These have occurred... Read more

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The Information
Kalley Huang @ The Information · 04/11/2025 18:20 EDT

Meta Adds Former Trump Adviser and Stripe CEO to Board

Meta Platforms on Friday announced it had named Dina Powell McCormick, a banking executive and former adviser to President Donald Trump, and Stripe CEO Patrick Collison to its board of directors. “Patrick and Dina bring a lot of experience supporting businesses and entrepreneurs to our board,” ... Read more

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The Information
Jon Victor @ The Information · 04/11/2025 18:00 EDT

U.S. Secretary of Defense Pete Hegseth on Thursday directed the Department of Defense to cancel $5.1 billion in contracts with consulting firms including Deloitte, Accenture and Booz Allen Hamilton, part of the Trump Administration’s efforts to slash government spending. The contracts included ... Read more

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The Information
Jessica E. Lessin @ The Information · 04/11/2025 17:58 EDT

Jessica is joined by Daily Beast Chief Content Officer Joanna Coles to discuss the latest secret tech confabs and this wild, wild week. Apple Spotify YouTube Read more

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The Information
Sahil Patel @ The Information · 04/11/2025 16:27 EDT

Cable TV pioneer John Malone will not seek re-election to Warner Bros. Discovery’s board of directors and will instead transition to the role of Chair Emeritus, the company announced on Friday. In that role, Malone will continue to attend board meetings and provide strategic counsel and support ... Read more

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The Information
Ann Gehan @ The Information · 04/11/2025 15:33 EDT

Albert Saniger, the founder and former CEO of e-commerce startup Nate, has been charged with defrauding investors by making false claims about the company’s AI capabilities, the U.S. Department of Justice said on Wednesday. Saniger, 35, was charged with one count of securities fraud and one ... Read more

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The Information
Natasha Mascarenhas @ The Information · 04/11/2025 14:16 EDT

IVP, the 45-year-old firm known for investments in Brex and Perplexity, is advising startup founders to re-adjust their annual budgets and raise capital, even if they have to forgo a valuation increase. “Liquidity matters more than valuation in an uncertain market and holding up for an up round ... Read more

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The Information
Julia Black @ The Information 1 place · 04/11/2025 10:05 EDT

Nearly every summer in recent years, Patrick Collison, Stripe’s 36-year-old Irish billionaire co-founder, has hosted a multiday summit on the West Coast with a bold underlying intention: unlock a more abundant future. The very first such conclave happened in 2018 when Collison and several other co-founders, including his brother John and GitHub CEO Nat Friedman, gathered about 200 scientists, economists, investors and entrepreneurs in a Sebastopol, Calif., field. Some attendees... Read more

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The Information
The Information Staff @ The Information 2 place · 04/11/2025 10:00 EDT

Scientists and starlets can make strange bedfellows. But at this year’s Breakthrough Prize ceremony in Santa Monica, Calif., hundreds of scientists, tech leaders and Hollywood stars gathered for a night of celebrating breakthroughs in subjects such as gene editing, mathematics and physics. A crowd including Katy Perry, Lauren Sánchez and Rupert Murdoch joined tech’s most prominent founders to watch six groups of scientists each receive coveted $3 million prizes. Read more

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The Information
Juro Osawa @ The Information 2 place · 04/11/2025 09:00 EDT

ByteDance, the owner of TikTok, is planning to sell its own version of artificial intelligence–powered smart glasses, according to two people with direct knowledge of the effort. It’s the latest sign that tech giants globally see gadgets as the next new market for AI services. Meta Platforms has had success with its Ray-Ban smart glasses, which offer access to its AI chatbot as well as the ability to take photos... Read more

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The Information
Juro Osawa @ The Information 2 place · 04/11/2025 05:23 EDT

China Retaliates with 125% Tariffs on U.S. Imports

The Chinese government on Friday increased tariffs on U.S. imports to 125% from 84%, as the trade war between the two nations continues to escalate. China’s Ministry of Finance said in a statement that, if the U.S. decides to impose further tariffs from now on, Beijing will ignore such moves ... Read more

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The Information
Erin Woo @ The Information 2 place · 04/11/2025 00:31 EDT

Google Lays Off Hundreds of Employees in Android, Pixel Group

Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software, Pixel phones and the Chrome browser, according to a person with direct knowledge of the situation. The cuts follow the company’s move in January to offer buyouts to employees in ... Read more

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The Information
Martin Peers @ The Information · 04/10/2025 20:00 EDT

A global trade war could get very ugly for big tech—and not just for importers of physical products, like Apple. A Financial Times report on Thursday quoted the European Commission president, Ursula von der Leyen, as suggesting that Europe could retaliate against U.S. tariffs by imposing a levy on digital ad revenues generated by companies like Meta Platforms and Google in Europe. OK, even for a European regulator, that idea... Read more

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10.11.2025 14:49
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