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Cory Weinberg @ The Information · 04/10/2025 18:26 EDT

Venture capitalists typically aren’t macroeconomic or geopolitical experts, despite what you may read on X or hear on podcasts. But they do need to have a sufficient worldview to understand where markets are growing, where to put investment dollars and how to raise money.In that way, it’s become clear that General Catalyst CEO Hemant Taneja was onto something as the U.S. and China face off in a trade war. In... Read more

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The Information
Alex Perry @ The Information · 04/10/2025 17:42 EDT

Autonomous Driving Startup Wayve Partners With Nissan

Wayve, an eight-year-old autonomous driving software company, said Thursday that its self-driving technology will be used in Nissan’s ProPilot assisted driving feature in Nissan’s fiscal year starting April 1, 2027. The London-based company sells the Wayve AI Driver, a mapless approach to ... Read more

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The Information
Martin Peers @ The Information · 04/10/2025 17:37 EDT

The president of the European Commission, Ursula von der Leyen, said Europe could tax digital ad revenues of Meta Platforms and Google in retaliation for tariffs imposed by the U.S. on Europe. Von der Leyen was speaking in an interview with the Financial Times. She said the European Commission ... Read more

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The Information
Ann Gehan @ The Information 1 place · 04/10/2025 17:00 EDT

How AI Could Eat Creators’ Affiliate Revenue

Creators are staring down what they say is a growing threat: artificial intelligence-powered searches cutting into their lucrative product recommendations. More people are turning to AI tools like ChatGPT and Perplexity to search the web for information and shopping inspiration, and Google has started adding more AI-powered features to its search, such as quick summaries of answers that appear at the top of a search results page called AI Overviews.... Read more

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The Information
Catherine Perloff @ The Information · 04/10/2025 16:05 EDT

Advertisers are rethinking their spending plans, a sign that economic uncertainty sparked by President Donald Trump’s tariff program is having an impact on business investment. But the impact won’t be felt evenly. Big tech companies that sell advertising—Google, Meta Platforms and Amazon—are likely to hold up better than other media firms, ad executives say, because ads on those services tend to drive sales. Worst affected could be TV and streaming... Read more

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The Information
Erin Woo @ The Information · 04/10/2025 13:00 EDT

Google Cloud pulled out all the stops at its annual developer conference in Las Vegas this week to demonstrate that customers are getting good results from artificial intelligence services, speeding up production and offering new services to customers. But as tariffs roil markets and dampen the economic outlook, how much businesses spend on AI remains the biggest question.David Glick, senior vice president of enterprise business services at Walmart, spoke glowingly... Read more

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The Information
Natasha Mascarenhas @ The Information · 04/10/2025 12:16 EDT

Honeycomb, a San Francisco-based startup that helps engineers identify and resolve bugs, has acquired Grit, a coding startup that helps companies maintain their software and codebase, Honeycomb CEO Christine Yen confirmed. Grit raised a $7 million seed round in 2023 from firms such as Founders ... Read more

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The Information
Jing Yang @ The Information 3 place · 04/10/2025 10:37 EDT

ByteDance’s revenue from international operations, which are primarily TikTok, rose 63% to $39 billion in 2024, said a person with knowledge of the company’s financials. The international revenue accounted for a quarter of ByteDance’s total last year, the highest it has ever been, as growth in the company’s Chinese operations slowed. The results highlight how much the Chinese tech giant has riding on the future of TikTok’s U.S. operations, which... Read more

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The Information
Theo Wayt @ The Information · 04/10/2025 10:36 EDT

Amazon CEO Andy Jassy earned $40.1 million last year, according to Amazon’s proxy statement published on Thursday. That figure includes stock that vested during the year, as well as salary, and was a 37% increase from the $29.2 million Jassy earned in 2023. Even though Jassy had 6% fewer shares ... Read more

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The Information
Sylvia Varnham O'Regan @ The Information · 04/10/2025 10:30 EDT

Donald Trump signed an order Wednesday that targets Christopher Krebs, a critic of the president and the former head of the Cybersecurity and Infrastructure Security Agency during the first Trump administration. The order is the latest in a string of attacks the president has mounted on people, ... Read more

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The Information
Stephanie Palazzolo @ The Information · 04/10/2025 10:00 EDT

I don’t envy AI investors right now. The price of AI startup shares (unlike the value of my stock portfolio) seem to be only going up, which means it’s riskier to make new bets. And the way startups are disclosing financial metrics to investors seems to be getting more muddied. Take annual recurring revenue, which typically multiplies the past month’s subscription revenue by 12. It’s a crucial metric for investors... Read more

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The Information
Wayne Ma @ The Information · 04/10/2025 09:00 EDT

Last June, at Apple’s annual developers conference, the company offered a dazzling demonstration of how artificial intelligence could supercharge Siri, the iPhone’s virtual assistant. But behind the scenes and in the months that followed, the Siri team couldn’t make up its mind about the basic technology needed to make it all work. One option they considered was to build small and large language models, which they dubbed Mini Mouse and... Read more

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The Information
Rocket Drew @ The Information · 04/09/2025 22:24 EDT

OpenAI countersued Elon Musk, saying Musk has harmed the ChatGPT maker by using Musk’s X network to conduct “malicious campaigns,” unfairly disrupted its business and issued a “sham bid” to acquire OpenAI. As a result, OpenAI’s lawyers in a Wednesday filing said it is entitled to restitution and ... Read more

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The Information
Martin Peers @ The Information · 04/09/2025 20:00 EDT

Shoutout to Thomas Kurian, chief of Google Cloud, who delivered a roughly 90-minute-long keynote address at the cloud unit’s developer conference in Las Vegas today. Even as chaos reigned in the markets and talk of a looming recession circulated, Kurian stood onstage wearing a suit, calmly talking up Google Cloud’s new artificial intelligence services, with a presentation supplemented by some snazzy videos and cameo appearances by his boss, Sundar Pichai,... Read more

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The Information
Ann Gehan @ The Information · 04/09/2025 18:04 EDT

Glossier Discussing Funding With Sharp Valuation Cut

Skincare and cosmetics startup Glossier is in talks to raise a new round of funding that could cut the company’s valuation nearly in half, Puck reported Wednesday. The company is aiming to raise $100 million and a potential deal could value the company at less than $1 billion, a sharp decline ... Read more

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The Information
Kaya Yurieff @ The Information · 04/09/2025 17:38 EDT

China Says TikTok Deal Must Comply with Its Laws

China on Wednesday said that any deal for TikTok to remain operating in the U.S. will have to comply with Chinese law, reiterating what TikTok’s Chinese parent company ByteDance said last week.  When asked about Trump’s second 75-day deadline extension, China said it “opposes practices that ... Read more

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The Information
Kaya Yurieff @ The Information · 04/09/2025 17:15 EDT

A nonprofit is trying to bring more legal rigor to the creator economy. Creators Guild of America is releasing a legal document for creators that outlines basic protections for their deals with brands, social platforms and agencies. It aims to provide a standard for the industry, covering topics including timely payments and how a creator's content can be reused or repurposed, including by artificial intelligence systems.  Read more

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The Information
Martin Peers @ The Information · 04/09/2025 16:14 EDT

President Donald Trump suspended for 90 days plans to impose higher tariffs on 75 countries around the world, while simultaneously raising tariffs charged on Chinese imports to 125%, sending the stock market roaring on Wednesday afternoon. The Nasdaq Composite Index rocketed 12%, recovering much ... Read more

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The Information
Alex Perry @ The Information · 04/09/2025 15:40 EDT

Self-driving Car Startup Nuro Raises $106 Million at $6 Billion Valuation

Nuro, which sells autonomous driving software and sensors, said it has raised $106 million in a Series E round that values the 9-year-old company at $6 billion, 30% lower than its last round in 2021. The investment brings its total funding to $2.2 billion. The latest round’s investors include T. ... Read more

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The Information
The Information Partnerships @ The Information · 04/09/2025 15:35 EDT

Recap: What’s Working and What’s Not With AI Agents

Although many businesses are still experimenting with LLMs, some enterprise leaders are already eyeing the next evolution of AI: autonomous agents that act on their own rather than merely generating outputs on command. But which early use cases are the most promising? What benchmarks can organizations use to measure the success (or failure) of their new digital workers? And how can leaders overcome the skepticism of employees who are worried... Read more

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10.11.2025 16:35
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