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Theo Wayt @ The Information · 12/17/2024 20:00 EDT

As Amazon looks to sell its nascent satellite internet service to foreign governments, a big part of its pitch ought to be: Jeff Bezos and Andy Jassy are not Elon Musk. That seems to be the appeal for Taiwan, which on Tuesday revealed it was talking with Amazon about a “collaboration” with the company’s Project Kuiper satellite internet service. The talks are part of a broader effort by Taiwan to... Read more ›

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The Information
Jon Victor @ The Information · 12/17/2024 19:00 EDT

Grammarly said Tuesday that it agreed to buy Coda, which develops productivity software that competes with tools from Notion, Google and Microsoft, and appointed Coda’s founder, ex-Googler Shishir Mehrotra, as Grammarly’s new CEO. Rahul Roy-Chowdhury, the previous CEO, is stepping down and will ... Read more ›

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The Information
Kevin McLaughlin @ The Information 1 place · 12/17/2024 18:51 EDT

Salesforce unveiled the latest version of its AI agents product, called Agentforce, which comes with new reasoning abilities that let it handle complex questions and can now be accessed from within the company’s other products, such as Slack. The new version, which comes less than two months ... Read more ›

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The Information
Cory Weinberg @ The Information · 12/17/2024 18:31 EDT

Many of the investment firms that wrote some of the largest checks into Databricks’ record-smashing $10 billion fundraising haul announced Tuesday are among the tech world’s best known venture names, such as Andreessen Horowitz, Thrive Capital and Insight Partners.Then there’s an investment giant that is expected to wire at least $300 million to Databricks but prefers you never think about them: Capital Group.  Read more ›

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The Information
Anissa Gardizy @ The Information · 12/17/2024 17:49 EDT

In the past two years, Nvidia has quietly gone into competition with its biggest customers: cloud providers such as Amazon Web Services and Microsoft. Nvidia now rents out servers powered by its artificial intelligence chips to businesses directly, and also provides software to help them develop AI applications. Nvidia says it is already among the biggest sellers of AI cloud services. And in a little-noticed disclosure, it told investors that... Read more ›

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The Information
Kaya Yurieff @ The Information · 12/17/2024 17:00 EDT

We published a ton of our popular charts and tables this year, comparing everything from TikTok’s growing list of rivals to shifts in how creators make money. After looking back at our work, three data points stand out for representing major themes in the creator economy this year.First up: podcasting’s big boom. The most popular hosts, including Joe Rogan and Alex Cooper, signed lucrative, nine-figure deals with companies such as... Read more ›

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The Information
Rocket Drew @ The Information · 12/17/2024 14:37 EDT

The European Commission, the executive branch of the European Union, opened an investigation into TikTok on Monday to determine whether TikTok violated the election integrity provisions of the bloc’s Digital Services Act, the law governing online platforms. The Commission requested information ... Read more ›

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The Information
Abram Brown @ The Information · 12/17/2024 13:36 EDT

Nima Momeni has been convicted of second-degree murder for killing Cash App founder Bob Lee, a concluding moment in a drama that brought national attention to San Francisco’s struggle with crime after the pandemic. Lee was stabbed three times in April 2023 in downtown San Francisco, and his ... Read more ›

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The Information
Jon Victor @ The Information · 12/17/2024 12:23 EDT

Databricks said Tuesday that it has raised $8.6 billion in funding at a $62 billion valuation, with plans to raise $10 billion total—a higher-than-expected amount that will alleviate pressure on the data analytics software firm to go public in the near term. The funding round, one of the largest ... Read more ›

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The Information
Theo Wayt @ The Information · 12/17/2024 10:22 EDT

Taiwan is in talks with Amazon about using its Project Kuiper satellite internet service, a Taiwanese official told multiple media outlets on Tuesday. The deal could help Taiwan preserve communications if it were attacked by China, similar to Ukraine’s use of SpaceX’s Starlink service. Taiwan’s ... Read more ›

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The Information
Juro Osawa @ The Information 2 place · 12/17/2024 10:05 EDT

Many of you may not have heard of Talkie, a competitor to Character.AI in providing personalized artificial intelligence chatbots.But Talkie, developed by Chinese firm MiniMax, is one of the most-downloaded AI apps in the U.S., according to multiple firms that track downloads. Its core base of users is young people, many of whom use the app for intimate conversations with fictional characters or fictional versions of celebrities such as Selena... Read more ›

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The Information
Rocket Drew @ The Information · 12/17/2024 09:00 EDT

Ned Segal, the former CFO of Twitter, will serve as San Francisco’s chief of housing and economic development, Mayor-elect Daniel Lurie was set to announce Tuesday. “For too long, it’s been too hard for companies and families to thrive in San Francisco, and we’ll know that we’ve been successful ... Read more ›

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The Information
Jing Yang @ The Information 2 place · 12/17/2024 07:30 EDT

As the U.S. restricts China’s access to American technology, Beijing is striking back—with antitrust reviews of both ongoing and long-completed acquisitions. The Chinese antitrust regulator’s decision a week ago to investigate Nvidia for alleged violations of antitrust rules in relation to its 2020 purchase of Mellanox Technologies is likely to be the first of a series of such reviews by the Chinese government, according to three people familiar with Chinese... Read more ›

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The Information
Martin Peers @ The Information · 12/16/2024 20:00 EDT

Is Nvidia’s great bull run over? For the moment, at least, it seems so. Even as other big tech stocks have been riding the wave of bullish sentiment in recent weeks—shares of Apple, for instance, hit $251 on Monday, giving it a market capitalization of $3.8 trillion—Nvidia stock has been going in the opposite direction. On Monday it was down 1.7% to $132, which means it has now fallen 11%... Read more ›

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The Information
Sri Muppidi @ The Information · 12/16/2024 18:08 EDT

President-elect Donald Trump said on Monday Japanese telecom company SoftBank Group planned to invest $100 billion in the U.S. over the next four years of his administration. The proposed investment is expected to create at least 100,000 jobs in strategic fields like artificial ... Read more ›

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The Information
Natasha Mascarenhas @ The Information 2 place · 12/16/2024 17:12 EDT

For three years, venture capitalists struggled to return cash to their investors. In 2025, many believe the dam is about to break. With more than a dozen tech startups on track to list publicly next year, early and large investors in companies including Klarna, Chime and CoreWeave will have the opportunity to cash out their shares. Below, we list the VC firms and investment partners who are likely to have... Read more ›

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The Information
Kaya Yurieff @ The Information · 12/16/2024 17:07 EDT

TikTok CEO Shou Chew was scheduled to meet with President-Elect Donald Trump at his Florida club Mar-a-Lago on Monday, CNN reported. Earlier the same day, TikTok asked the Supreme Court to temporarily halt a U.S. law that could ban the app on Jan. 19. At a press conference on Monday, Trump ... Read more ›

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The Information
Kaya Yurieff @ The Information · 12/16/2024 16:29 EDT

TikTok on Monday asked the Supreme Court to temporarily halt a U.S. law that could ban the app early next year. The move is a last-ditch effort by TikTok to prevent the law from going into effect, following a federal court’s decision on Friday to deny the company’s request for an injunction. The ... Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 12/16/2024 15:02 EDT

Meta Platforms has named advertising-product lead John Hegeman as the company’s new chief revenue officer and Justin Osofsky, who oversees Meta’s work with small businesses, as the head of partnerships and business development, a Meta spokesperson confirmed. The changes come as Meta puts ... Read more ›

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The Information
Theo Wayt @ The Information · 12/16/2024 11:51 EDT

Amazon’s health and safety staff recommended the company relax work quotas for warehouse workers due to elevated injury rates, but company leadership ignored them, according to an investigation by a U.S. Senate committee published Sunday. Two internal Amazon studies—Project Soteria and Project ... Read more ›

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13.11.2025 09:26
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