The Information

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03.11.2025 − 09.11.2025
The Information
Theo Wayt @ The Information 2 place · 11/04/2025 09:54 EDT

Norway’s Sovereign Wealth Fund to Vote Against’s Elon Musk’s Tesla Pay Package

Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 02/03/2025 10:17 EDT

OpenAI’s release on Friday of o3-mini, its latest artificial intelligence reasoning model, wasn’t a surprise. CEO Sam Altman had previously said it would drop by then.But it was impossible to ignore the coincidence of the release coming a few days after a blaze of news erupted over DeepSeek R1, a Chinese reasoning model that has matched or even outperformed models from OpenAI, Anthropic and Meta Platforms. More importantly, DeepSeek is... Read more ›

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The Information
Kevin McLaughlin @ The Information 2 place · 02/03/2025 09:00 EDT

In the months after Thomas Kurian became CEO of Google Cloud in early 2019, he made a discovery: Another Google team that oversaw the company’s centrally managed information technology services had been overcharging the cloud unit for its use of software and other computing resources, according to a former Google Cloud manager who saw the bills. For example, Google Cloud was paying the technology group for a user interface design... Read more ›

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The Information
Jing Yang @ The Information · 02/03/2025 00:29 EDT

Shein has returned to India via a licensing agreement with billionaire Mukesh Ambani’s Reliance, after the China-founded online retailer was banned in the country in 2020 along with scores of other Chinese-owned apps. In December, the Indian government approved an agreement that ... Read more ›

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The Information
Jing Yang @ The Information · 02/03/2025 00:19 EDT

Trump Tariffs Will End Trade Loophole Used by Shein and Temu

President Donald Trump’s impending new tariffs on Canada, Mexico and China will plug the trade loophole that has fueled the growth of Shein and Temu, as well as a Temu-like service offered by Amazon. Trump on Saturday signed an executive order that will impose 25% tariffs on imports from Canada ... Read more ›

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The Information
Stephanie Palazzolo @ The Information 1 place · 02/01/2025 13:05 EDT

Paid subscribers to OpenAI’s ChatGPT nearly tripled to 15.5 million last year from 5.8 million a year earlier, The Information reported. Based on pricing for ChatGPT, that growth implies that the popular chatbot was likely generating at least $333 million in revenue per month by the end of last ... Read more ›

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The Information
Abram Brown @ The Information 2 place · 02/01/2025 10:01 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: As Microsoft and Google move in, a battle over hallowed ground erupts• The Arena: The NFL and Netflix likely share a supersize dream• Artificial Intelligence: our new Glossary of AI Jargon • Plus, our Recommendations: Trackers of Gilded Age glam; requiem for the rock stars; and a Year of the Snake treatWait, is that a Musk idea—or a Trump idea? It’s getting... Read more ›

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The Information
Sara Germano @ The Information 1 place · 02/01/2025 08:00 EDT

When selecting the venue for next weekend’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles, the NFL went with a traditional choice: New Orleans. It’ll be the 11th time the Big Easy has hosted the Big Game, tying it with Miami for hosting the most Super Bowls ever. Recently, however, the world’s richest professional sports league has hinted it may be ready to dispense with tradition: A Super... Read more ›

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The Information
Kevin McLaughlin @ The Information 2 place · 01/31/2025 21:00 EDT

Texas Republican Gov. Greg Abbott has banned the use of the Chinese AI software Deepseek on government-owned devices to protect the state’s critical data, intellectual property, and other assets from being accessed by the Chinese government, his office said in a statement. The Texas ... Read more ›

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The Information
Stephanie Palazzolo @ The Information 3 place · 01/31/2025 19:41 EDT

ChatGPT Subscribers Nearly Tripled to 15.5 Million in 2024

Paid subscribers to ChatGPT nearly tripled to 15.5 million last year from 5.8 million a year earlier, OpenAI recently told some shareholders, despite competition from chatbots made by Google, Anthropic and Meta Platforms. Based on what OpenAI charges for the chatbot subscriptions, the increase means ChatGPT was likely generating at least $4 billion in annualized revenue around the end of last year, or $333 million per month, just two years... Read more ›

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The Information
Erin Woo @ The Information · 01/31/2025 18:37 EDT

Joan Braddi, who negotiated Google’s deals to put its search engine on Apple devices beginning more than 20 years ago, left at the end of last year, a company spokesperson said. The initial deal Braddi—one of the company’s earliest employees—negotiated did not include a revenue share. But by ... Read more ›

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The Information
Martin Peers @ The Information · 01/31/2025 18:23 EDT

Is Mark Zuckerberg auditioning for the role of Elon Musk’s Mini-Me? We’re kidding, but it is uncanny how much Zuckerberg seems to be following Musk’s lead lately. In the latest example, The Wall Street Journal reported on Friday that Meta Platforms is considering moving its legal incorporation to Texas, out of Delaware, just as Tesla did last year. This follows Zuckerberg’s recent decision to adopt a “community notes” feature for... Read more ›

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The Information
Jessica E. Lessin @ The Information · 01/31/2025 17:29 EDT

This week on More or Less: DeepSeek, memes and Dave quits social media. Apple Spotify YouTube Episode Transcript Read more ›

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The Information
Sri Muppidi @ The Information · 01/31/2025 16:36 EDT

Zyphra, a Palo Alto, Calif., developer of open-source models that can be downloaded to devices like phones or home entertainment devices, is in talks to raise $100 million in Series A funding at a $1 billion valuation, according to a person close to the company. Returning investor Metaplanet, ... Read more ›

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The Information
Catherine Perloff @ The Information · 01/31/2025 16:25 EDT

As Meta Platforms sets about turning its massive investment in artificial intelligence into ways to make money, it’s asking ad agencies for help. Meta has been sending its engineers to work with ad agencies on developing AI tools designed to do everything from tweaking videos and static images in ads to evaluating the effectiveness of such images in ads, ad agency executives said. Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 01/31/2025 15:16 EDT

Meta Platforms is considering reincorporating its business outside of Delaware, possibly in Texas or other states, according to a report in the Wall Street Journal. Such a move would put Meta CEO Mark Zuckerberg in step with Elon Musk, who has reincorporated several of his companies, including ... Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 01/31/2025 15:11 EDT

Meta Platforms CEO Mark Zuckerberg told employees Thursday that Meta sold more than one million of its Ray-Ban smart glasses in 2024, marking the first time the company has disclosed sales figures for the product. Meta has invested heavily in the glasses, designed in partnership with Ray-Ban ... Read more ›

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The Information
Yueqi Yang @ The Information · 01/31/2025 14:20 EDT

Kraken, a crypto exchange, said its revenue last year was $1.5 billion, more than doubled from $671 million in 2023. The company said its adjusted earnings before interest, taxes, depreciation, and amortization was $380 million last year. In comparison, Coinbase, the biggest U.S. crypto ... Read more ›

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The Information
Erin Woo @ The Information · 01/31/2025 13:49 EDT

Apple filed an emergency motion Thursday evening seeking to pause the U.S. government’s antitrust case against Google as the iPhone maker appeals a district court judge’s decision to block it from intervening. The judge last year ruled that a contract between the companies to make Google Search ... Read more ›

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The Information
Theo Wayt @ The Information · 01/31/2025 12:14 EDT

In 1862, from a hill in northern Virginia, troops under Confederate General Stonewall Jackson rained artillery fire upon a column of Union soldiers on a dirt road about a thousand feet away, in the opening shots of the Second Battle of Manassas. When I visited a farmhouse on the site on a frigid day earlier this month, I saw the signs of a modern-day conflict unfolding on the same ground.... Read more ›

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The Information
Juro Osawa @ The Information · 01/31/2025 09:00 EDT

DeepSeek has shaken up Silicon Valley and Wall Street with its stunning advances in artificial intelligence. But its technological success doesn’t mean China’s AI industry has figured out how to make money. The rise of DeepSeek contrasts with the struggles of other Chinese competitors, especially the best-known AI unicorns dubbed the “six little dragons.” The six startups—MiniMax, Moonshot AI, Zhipu AI, Stepfun, Baichuan and 01.AI—spearheaded China’s AI push in the... Read more ›

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11.11.2025 13:01
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