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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For decades, the path toward federal government employment has involved a long and winding journey for full-timers and contractors alike. The Department of Government Efficiency, the pseudo-governmental entity run by Elon Musk and Vivek Ramaswamy, is doing things differently. Recruitment to join DOGE, as the Musk-Ramaswamy group has styled itself, often starts with a message like this one sent by Shahed Khan, a co-founder of video-messaging startup Loom who is... Read more ›
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I was at the Supreme Court on Friday—and things aren’t looking too rosy for TikTok’s hopes to stay alive in the U.S. Judging from the justices’ questions and comments, it sounds like they’re inclined to uphold a U.S. law that could ban TikTok in just nine days. That’s the opening its potential suitors, such as Activision Blizzard’s former CEO, Bobby Kotick, have been waiting for.But Kotick and any other potential... Read more ›
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Top U.S. antitrust regulators on Friday asked a federal judge in California overseeing Elon Musk’s lawsuit against OpenAI to decide whether the artificial intelligence developer and its partner Microsoft ran afoul of federal antitrust laws in recent years. The request lends credence to Musk’s ... Read more ›
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This week on More or Less: The group takes sides on Meta's moderation overhaul. Plus, why we are happy we skipped CES. Apple Spotify YouTube Read more ›
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Meta Platforms on Friday ended many of its diversity, equity and inclusion efforts, according to an internal post viewed by The Information. The company said it would stop requiring consideration of a diverse pool of candidates for job openings; focus on sourcing from small and medium businesses ... Read more ›
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The Supreme Court on Friday, in what’s emerged as a landmark case over free speech, national security and social media, seemed to indicate it would uphold a U.S. law that would ban TikTok. The justices grilled TikTok about its argument that the law violates its freedom of speech, impinging on ... Read more ›
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Amazon is ending a service that allowed Prime members to order clothing, try it on and decide whether or not they want to keep it before being charged for the goods. The service, Prime Try Before You Buy, will end on Jan. 31, according to notices Amazon has sent U.S. users. Amazon, which ... Read more ›
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Kelly Weld didn’t know what to expect when she finally managed to unlock her son’s iPhone in February 2023. Still, she had hoped to find an answer as to why the then-16-year-old had recently started failing classes, skipping school and acting out at their home in central Florida. She found a disturbing explanation in his web-browsing history: For almost two years, her son had been having sex with adult men... Read more ›
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Amazon has removed language about its diversity, equity and inclusion goals, as well as its support for transgender employees, from its corporate website, The Information reported on Friday. It’s the latest example of a big tech firm tacking right following Donald Trump’s victory in the ... Read more ›
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Fox, Warner Bros. Discovery and Disney’s ESPN have called off plans to launch Venu, a live sports streaming service. Venu Sports, the joint venture that would have overseen the streaming service, will discontinue operations, the three companies said in a joint statement on Friday. “In an ... Read more ›
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Like most big technology companies, Amazon began publishing pages and blog posts on its corporate website in recent years declaring its commitment to diversity, equity and inclusion along with other issues. Over the past few weeks, though, some of those webpages have been undergoing curious makeovers—or disappearing altogether. For example, a page outlining Amazon’s stances on a variety of political issues as recently as mid-December mentioned that the company would... Read more ›
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Amazon’s decision to stuff its search results and product pages with ads over the past several years might annoy some shoppers like me, but it’s paid off handsomely for the company. Those ads are thought to account for the lion’s share of the $50 billion in ad revenue it is expected to have taken in last year. Now Amazon is going to start selling the technology behind the ads to... Read more ›
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Five-year-old Wiz, a $16 billion–valuation startup that sells cloud cybersecurity software to large companies, has always had a flair for the dramatic. A few years ago, CEO Assaf Rappaport declared it the fastest-growing software company ever. In 2023, it openly mulled a takeover of larger, publicly held SentinelOne. And last year Wiz told its employees it was turning down a $23 billion acquisition offer from Alphabet—a rich offer to reject.So... Read more ›
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I’m in Washington D.C. ahead of oral arguments at the Supreme Court on Friday morning, where TikTok will argue against a U.S. law that could ban the app in 10 days if it doesn’t sever ties with its Chinese parent ByteDance. Despite this threat, TikTok is pushing forward as normal—so much so that this week at the major tech conference CES in Las Vegas, TikTok executives held a panel where... Read more ›
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SoftBank and its Arm Holdings chip design subsidiary are considering an acquisition of Ampere Computing, a server chip design startup led by former Intel executive Renée James, Bloomberg reported. The acquisition interest reflects SoftBank CEO Masayoshi Son’s desire to make Arm the main focus of ... Read more ›
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Amazon is exploring creating more news programming after it aired a live U.S. Election Night special hosted by veteran news anchor Brian Williams last November, according to Variety. While the talks are early, the streaming video giant is reportedly interested in creating more news specials tied ... Read more ›
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Fast-growing human resources and payroll startup Deel has been dragged into a dispute involving a Florida Ponzi scheme, in the latest legal action connecting the firm to fraudulent or illegal movement of money. In a lawsuit filed in federal court in Florida last week, Deel was accused of transferring money for a Ponzi operation the Securities and Exchange Commission says ripped off elderly church members. The complaint, filed by the... Read more ›
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Conversational AI startup Cohere unveiled a preview of North, a new product that marries its large language models and search models to help corporate users work faster, co-founder and CEO Aidan Gomez said in a blog post. The Information reported last month that Cohere was working on such a ... Read more ›
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If there’s one thing artificial intelligence sellers learned in 2024, it’s that customers want AI to be a cinch to set up. Businesses are even willing to pay a premium and take their chances with AI models or chatbots like ChatGPT that have fewer built-in security features than they’re used to—as long as they just work out of the box.That explains why OpenAI and Anthropic each grew revenue 500% or... Read more ›
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The Information is pleased to announce that Ken Brown is joining The Information as senior finance editor. Ken’s name is synonymous with in-depth financial reporting about the biggest business stories of our time. As an editor at the Wall Street Journal, he has overseen investigative teams devoted to breaking news on financial scams, corporate bad behavior, private equity and cryptocurrency. As Money & Investing editor, he oversaw the Journal’s coverage... Read more ›
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12.11.2025 03:42
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