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Kalley Huang @ The Information · 01/08/2025 19:15 EDT

Employees of Meta Platforms and European regulators criticized changes to the company’s content policies announced Tuesday. CEO Mark Zuckerberg said Meta would end its third-party fact-checking program in the U.S., take less action on content that might violate its policies and recommend more ... Read more ›

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The Information
Amir Efrati @ The Information · 01/08/2025 17:30 EDT

President Joe Biden’s administration is planning to make one last set of sweeping restrictions on the sale of Nvidia’s vaunted artificial intelligence chips before Biden leaves office later this month, Bloomberg reported. The new rules may aim to block sales to adversary countries ... Read more ›

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Kaya Yurieff @ The Information · 01/08/2025 17:00 EDT

Creators sometimes have trouble sifting through their vast libraries of videos to find a specific clip or sponsorship. A new artificial intelligence startup is developing new products to quickly surface those visual moments.IJW, which stands for It Just Works, plans to unveil its first offering, StarZero, on Sunday at the 1 Billion Followers Summit, a creator conference in Dubai. Read more ›

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The Information
Kevin McLaughlin @ The Information · 01/08/2025 16:50 EDT

Google Cloud has appointed Francis deSouza, a software industry veteran and former senior executive at cybersecurity provider Symantec, to serve as its chief operating officer, he announced in a LinkedIn post. This is the latest sign of both the growing maturity of Google Cloud’s business ... Read more ›

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The Information
Aaron Holmes @ The Information · 01/08/2025 14:02 EDT

Microsoft is planning to cut less than 1% of its 228,000 employees in the coming months, according to someone briefed on the plans. The layoffs will be based on performance and are likely to affect divisions across the company, this person said. The news of the layoffs were first reported by ... Read more ›

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The Information
Wayne Ma @ The Information · 01/08/2025 13:35 EDT

LAS VEGAS—Donald Trump takes office in less than two weeks, vowing to impose a new round of tariffs on imports—particularly those coming from China. And yet Chinese electronics makers—including those in cutting-edge industries like clean energy, artificial intelligence, robotics and electric vehicles—are out in full force at this week’s Consumer Electronics Show in Las Vegas, pitching their products as though nothing was amiss. More than 1,200 of the roughly 4,500... Read more ›

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The Information
Stephanie Palazzolo @ The Information 1 place · 01/08/2025 10:00 EDT

Lightspeed Pays a Pretty Penny for Anthropic

Well that didn’t take long! We’re barely a week into the new year and already we’ve reported that Anthropic is in talks to raise $2 billion in new funding at a $60 billion post-investment valuation. Lightspeed Venture Partners, a venture capital firm that’s also backed rival AI developers including Mistral, Stability AI and Cartesia, is set to lead the deal.That valuation is not cheap, even by AI standards. Anthropic recently... Read more ›

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Ann Gehan @ The Information · 01/08/2025 09:46 EDT

The livestreaming e-commerce platform Whatnot raised $265 million in new funding, boosting its valuation to $4.97 billion. Greycroft Partners, DST Global and Avra, the investment firm founded by former Y Combinator growth investor Anu Hariharan, led the funding round. The company was last valued ... Read more ›

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The Information
Catherine Perloff @ The Information · 01/08/2025 09:00 EDT

Meta Ad Changes Threaten Telehealth’s Weight Loss Boom

Telehealth companies including Hims & Hers, Sesame and Noom have flocked to Facebook and Instagram to promote their booming weight loss drugs. But pressure from regulators concerned about consumers’ health data privacy has prompted Meta Platforms to limit how advertisers target users with health-related ads, starting this month. That is upending weight loss campaigns in the middle of the New Year’s resolution marketing season. And more broadly, marketers are scrambling... Read more ›

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The Information
Sri Muppidi @ The Information · 01/07/2025 20:54 EDT

Global Startup Investments Rebound While Number of Deals Fall

Global investments in startups rose 5% to $368.5 billion last year after falling the prior year, according to PitchBook. Investments are down sharply from a high of $751.5 billion in 2021. At the same time, the number of startup investments fell 18% to 35,686 last year, the lowest since 2017. ... Read more ›

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The Information
Martin Peers @ The Information 3 place · 01/07/2025 20:00 EDT

The year is just a week old and already things are getting shaken up. Meta Platforms’ announcement on Tuesday that it was eliminating its fact-checking program in favor of an X-like community notes feature is a seismic event for social media. No longer will Meta, owner of Facebook, Instagram and Threads, try to pretend it has a monopoly on truth. Instead, Meta will leave it to members of the public... Read more ›

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The Information
Cory Weinberg @ The Information · 01/07/2025 18:41 EDT

We’re in a new year, but the major headline in venture capital is the same: It’s all about megadeals for artificial intelligence startups. Lightspeed Venture Partners is expected to lead a $2 billion round of funding for Anthropic at a $60 billion valuation, Stephanie confirmed. The new funding, at a higher valuation than we reported four months ago, would give Anthropic more firepower to take on well-heeled OpenAI. Already, Anthropic... Read more ›

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The Information
Erin Woo @ The Information · 01/07/2025 18:04 EDT

These are not golden days for the individuals working in the trust and safety teams of social apps.  Late last year, we reported on the fights within TikTok to make the app more appealing for President-elect Donald Trump and his supporters in which the company’s lobbying arm prevailed over its content moderation staff. Then on Tuesday, Meta Platforms’ CEO Mark Zuckerberg went a step further, ending Meta’s fact-checking program run... Read more ›

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The Information
Ann Gehan @ The Information 2 place · 01/07/2025 18:00 EDT

U.K. Parliament Committee Grills Shein and Temu Over Labor Issues

U.K. lawmakers grilled bargain sellers Shein and Temu in a hearing Tuesday, pressing for answers about the potential use of forced labor in their supply chains as part of a broader government inquiry into labor rights. Liam Byrne, the lawmaker who chairs the committee, said the committee was ... Read more ›

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The Information
Martin Peers @ The Information · 01/07/2025 16:24 EDT

Getty Buying Shutterstock for Around $1.35 Billion

Getty Images is buying rival photo licensing site Shutterstock for around $1.35 billion in cash and stock, a combination that will create a company better able to fend off the threat posed by artificial intelligence-powered image creation. The precise price will depend on the mix of cash and ... Read more ›

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The Information
Jon Victor @ The Information 3 place · 01/07/2025 16:15 EDT

Welcome to Applied AI, The Information’s twice-weekly newsletter that will take you inside how businesses are using artificial intelligence.I’m Jon Victor, the lead writer for Applied AI. For seven years I have been reporting on technology and most recently on how businesses are using AI. I recently interviewed Marc Benioff for a profile of Salesforce’s big push into AI agents and Databricks’ Ali Ghodsi about how AI is helping workers... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 01/07/2025 15:01 EDT

Artificial intelligence developer Anthropic is in discussions to raise $2 billion in new funding at a $60 billion post-investment valuation, according to a person with direct knowledge of the fundraise. Venture capital firm Lightspeed Venture Partners, which is primarily known for investing in ... Read more ›

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The Information
Anissa Gardizy @ The Information · 01/07/2025 13:56 EDT

Trump: Emirati Firm to Spend $20 Billion on U.S. Data Centers

President-elect Donald Trump on Tuesday said Emirati real estate firm Damac Properties plans to spend at least $20 billion to develop data centers in the U.S. Hussain Sajwana, the chairman of Damac, said the data centers will cater to artificial intelligence and cloud computing businesses of ... Read more ›

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The Information
Kaya Yurieff @ The Information · 01/07/2025 13:32 EDT

ByteDance Releases Short Drama App Melolo

TikTok’s parent company ByteDance released an app called Melolo featuring short dramas, TV and movies on Google’s app store. Minidramas have proved to be a huge hit for TikTok’s sibling app Douyin in China. The company has also explored bringing such short dramas to the U.S. on TikTok to broaden ... Read more ›

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The Information
Jon Victor @ The Information 2 place · 01/07/2025 12:00 EDT

Within hours of OpenAI’s demonstration of its latest advanced reasoning model, o3, social media platforms and online forums were filled with posts from software engineers questioning their future: What happens to their jobs when artificial intelligence can write code better than they can? But Turing CEO Jonathan Siddharth, whose firm helps OpenAI, Google and others to develop code-writing AI, thinks doomsayers about the future of software engineers have it all... Read more ›

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