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The Information
Rocket Drew @ The Information · 01/21/2025 18:48 EDT

President Donald Trump said he would be open to Tesla CEO Elon Musk and Oracle co-founder and CTO Larry Ellison buying TikTok, which is facing a ban in the U.S. if it doesn’t separate itself from its Chinese parent ByteDance. “I’d like Larry to buy it, too,” Trump said, noting that he had met ... Read more ›

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The Information
Cory Weinberg @ The Information · 01/21/2025 18:32 EDT

The AI hype machine got another boost last week when Goldman Sachs CEO David Solomon said artificial intelligence could produce the key document for an initial public offering that’s essentially “95% of the way there in just a few minutes.” Solomon might have been trying to scare Wall Street's high-priced bankers and lawyers. If that's true, they're buying little of it. At least, not yet. Read more ›

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The Information
Anita Ramaswamy @ The Information · 01/21/2025 18:25 EDT

Seagate Technology, which makes hard drives for data storage, saw its stock price rise by 4% shortly after it reported a 50% increase in revenue to $2.3 billion in the December quarter. Seagate CEO Dave Mosley attributed the uptick in large part to growing demand for data storage products from ... Read more ›

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The Information
Aaron Holmes @ The Information · 01/21/2025 18:16 EDT

Microsoft will no longer be OpenAI’s exclusive cloud provider, but will still have “right of first refusal” over OpenAI’s new cloud deals, the company said Tuesday. The change to that agreement came as the CEOs of OpenAI and Oracle announced a new artificial intelligence data center venture ... Read more ›

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The Information
Kaya Yurieff @ The Information · 01/21/2025 17:23 EDT

Instagram is offering some TikTok creators cash bonuses ranging from $10,000 to $50,000 per month or more to post exclusive videos to Reels, according to people with direct knowledge of the conversations. The creators can’t post those videos to other rival apps for a certain period of time, such ... Read more ›

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The Information
Kaya Yurieff @ The Information · 01/21/2025 17:16 EDT

Well, a lot has happened since we last sent out this newsletter! Although TikTok is back online for existing U.S. users, its future is far from certain. We’ll be watching to see if the Google and Apple app stores decide to reinstate the video app—and how Trump’s executive order that promises he won’t enforce the ban-or-divest law for 75 days plays out. Amid all the chaos, TikTok’s rivals are pouncing.... Read more ›

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The Information
Sahil Patel @ The Information · 01/21/2025 16:22 EDT

Netflix added a staggering 19 million members in the fourth quarter, lifting its total membership to 302 million globally, the best quarter for new subscribers it has ever had. The company’s stock price jumped 10% in after-hours trading. The bonanza quarter, which involved growth of between 4 ... Read more ›

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The Information
Anissa Gardizy @ The Information 3 place · 01/21/2025 13:15 EDT

President Donald Trump is preparing to announce that OpenAI, Softbank and Oracle are planning a joint venture to invest in building data centers for artificial intelligence in the U.S., according to a CBS News report. The report said Softbank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle ... Read more ›

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The Information
Jon Victor @ The Information · 01/21/2025 13:00 EDT

Microsoft and Google’s injection of generative artificial intelligence features into apps like Docs and Word is just the start of a dramatic shift for enterprise apps in the coming years, says Shishir Mehrotra, CEO of Grammarly, which develops writing assistant software.Instead of a chatbot like Google’s Gemini or Microsoft’s Copilot that responds to customers’ questions, Mehrotra says the future of productivity software involves AI bots that will proactively suggest information... Read more ›

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The Information
Yueqi Yang @ The Information · 01/21/2025 12:39 EDT

Stablecoin giant Circle said on Tuesday it is acquiring Hashnote, a firm that puts money market funds on blockchain, in a deal that will allow Circle to offer a stablecoin alternative that pays out interest—an attractive area for investors while interest rates remain high. That could give ... Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 01/21/2025 10:59 EDT

CapCut, a video-editing app that is owned by TikTok’s Chinese parent company ByteDance, is back online in the U.S. The app shut down Saturday along with TikTok in anticipation of a federal law coming into effect that banned TikTok unless it cut ties with ByteDance. Both CapCut and TikTok are ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 01/21/2025 10:16 EDT

A Competitor of Scale AI Doubles Its Revenue, Thanks to Reasoning

Before we get into today’s column, President Donald Trump’s repeal of Joe Biden’s executive order on AI on Monday evening has to be the biggest news in AI. In case you’ve forgotten, Biden’s executive order required companies training large AI models to share details about their models with the federal government. Trump’s decision won’t have surprised anyone—Trump has been critical of Biden’s executive order for months. What’s not clear is... Read more ›

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The Information
Juro Osawa @ The Information · 01/21/2025 09:00 EDT

ByteDance Is a Steal Even Without TikTok

TikTok might have restarted operations in the U.S., but investors in the app’s parent company, ByteDance, remain in the dark about its future. For those debating buying into ByteDance shares, however, it doesn’t matter. Whatever happens, ByteDance stock is severely undervalued. Even if TikTok were to disappear entirely from the U.S., cutting off the app’s biggest market for advertising and a major source of its content, ByteDance should be worth... Read more ›

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The Information
Wayne Ma @ The Information 2 place · 01/21/2025 01:26 EDT

President Trump on Monday revoked dozens of executive orders issued by the Biden administration including a key directive related to artificial intelligence. Biden’s executive order on AI was issued in October 2023 and required companies developing advanced AI models to share information with ... Read more ›

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The Information
Juro Osawa @ The Information · 01/20/2025 21:06 EDT

President Trump signed an executive order to delay the enforcement of the TikTok sale-or-ban law for 75 days from Monday. In the order, Trump said his administration plans to find a solution “that protects national security while avoiding an abrupt shutdown of a communications platform used by ... Read more ›

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The Information
Martin Peers @ The Information · 01/20/2025 19:45 EDT

Donald Trump is president again, as of today! And in tech, among the most immediately affected will be viewers of the long-running drama “TikTok—Ban or Not?”. Trump on Sunday promised to renew the series for an expected three months. So far, Apple and Google don’t appear to be sticking around for the new season. While cloud service Oracle turned TikTok back on after a nearly 12-hour outage Sunday, the app... Read more ›

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The Information
Kaya Yurieff @ The Information 3 place · 01/20/2025 19:31 EDT

Instagram isn’t letting a good TikTok crisis go to waste. Representatives for the Meta Platforms–owned app in the last week have been contacting creators with large TikTok followings, offering cash bonuses ranging from $10,000 to $50,000 per month or even more to make short videos for Instagram Reels, according to a person with direct knowledge of the discussions. The richest cash offers are tens of thousands of dollars more than... Read more ›

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The Information
Martin Peers @ The Information · 01/20/2025 16:46 EDT

A parade of tech luminaries were prominent amongst attendees at Donald Trump’s presidential inauguration on Monday, signaling a major shift in relations between the tech industry and Trump for his second term. Among high level people sitting immediately behind Trump as he was sworn in ... Read more ›

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The Information
Natasha Mascarenhas @ The Information 2 place · 01/20/2025 09:00 EDT

Venture capital firms have increasingly been acting like private equity firms by investing in or buying mature businesses in need of a turnaround. Now those firms are utilizing another PE strategy—rolling up multiple competitors into a single company that can operate more efficiently by combining costs. Venture capital firms such as General Catalyst and 8VC are creating or investing in these types of holding companies in fields such as call... Read more ›

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The Information
Kalley Huang @ The Information 2 place · 01/19/2025 15:14 EDT

Instagram is creating a competitor to ByteDance’s video creation and editing app CapCut, called Edits, Instagram head Adam Mosseri said on Sunday. The announcement came after CapCut and TikTok, the larger ByteDance-owned app, shut off services for U.S. users late Saturday. A federal law came ... Read more ›

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12.11.2025 16:58
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