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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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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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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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Yueqi Yang @ The Information · 12/16/2024 11:32 EDT

Crypto company Ripple said its new stablecoin Ripple USD will launch on Tuesday, after receiving approval from the New York Department of Financial Services last week. The stablecoin, called RLUSD and pegged to $1, will be available on crypto trading platforms and payment services including ... Read more

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Stephanie Palazzolo @ The Information · 12/16/2024 10:20 EDT

Runway Shows There’s Money to Be Made in AI Video Too; ‘Scaling Laws’ and Reasoning Dominate NeurIPS

AI-generated video seems to be having somewhat of a renaissance this month: OpenAI released its long-awaited Sora video model last Monday and startup Pika released an updated version of its video AI on Friday.Still, the question remains as to whether video model developers can make money off such tools, especially given how expensive and finicky they can be to run. (OpenAI, for instance, suspended signups to Sora last week due... Read more

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The Information
Akash Pasricha @ The Information · 12/16/2024 09:00 EDT

Airbnb rebounded strongly from the early days of the Covid-19 pandemic. This year, however, revenue is projected to grow less than 12%, down from 40% as recently as 2022. To reignite growth, CEO Brian Chesky a year ago shifted Dave Stephenson, the company’s longtime chief financial officer, to a role plotting new products and international expansion. Stephenson quickly brought in four outsiders—including three Apple veterans—to help. Read more

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Juro Osawa @ The Information · 12/16/2024 08:26 EDT

China’s Alibaba Group is selling Intime, a major domestic department store chain it acquired seven years ago, as the e-commerce giant pulls back from brick-and-mortar retail operations, the South China Morning Post reported. Alibaba’s deal to sell Intime to Chinese apparel firm ... Read more

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Laura Mandaro @ The Information · 12/15/2024 19:36 EDT

Apple is developing a large version of the iPad that unfolds into the approximate size of two iPad Pros next to each other, Bloomberg reported. It’s targeting selling the super-sized iPad around 2028, the report said. Currently, the largest iPaid is 13 inches. The Cupertino, Calif., company is ... Read more

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The Information
Laura Mandaro @ The Information 1 place · 12/14/2024 14:09 EDT

Apple CEO Tim Cook had dinner with president-elect Donald Trump Friday at Trump’s Mar-a-Lago residence, according to the Associated Press. Cook follows other leaders of tech giants, including Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg, who have travelled to meet with the incoming ... Read more

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The Information
Abram Brown @ The Information 2 place · 12/14/2024 10:00 EDT

OpenAI’s New Toy Could Be a Problem

Welcome, Weekenders! In this newsletter:• The Big Read: Inside tech’s embrace of devout Christianity• Media and Entertainment: Silicon Valley’s favorite videogames of 2024• The Top 5: The best disaster kit supplies • Plus: A play that morphs; America’s only universal creed; and a saga’s brilliant end.Santa won’t show up for weeks yet, but thanks to Sam Altman, some of us already have a fancy new toy to enjoy: Sora, OpenAI’s... Read more

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The Information
David Ewalt @ The Information · 12/14/2024 08:00 EDT

Despite China’s massive presence in the tech world, the country’s videogame industry never had a big-budget, AAA game release until this August, when Shenzhen-based Game Science released Black Myth: Wukong, an action role-playing game inspired by the classic Ming dynasty novel “Journey to the West” about a demigodlike monkey warrior. The game debuted to critical acclaim, with players lauding its stunning graphics and often punishing gameplay. “I’m a big fan... Read more

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The Information
Todd Plummer @ The Information 3 place · 12/14/2024 08:00 EDT

A twofold panic washed over Northern California last week. The first was very immediate when everyone’s phones got the same alert: an unexpected tsunami warning sparked by a rare 7.0 magnitude earthquake 40 miles off Cape Mendocino. In the end, it was a false alarm, and the warning was canceled. Yet that’s when the second panic hit, with many techies realizing how little prepared they were for any sort of... Read more

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The Information
Kalley Huang @ The Information 2 place · 12/13/2024 21:08 EDT

Meta Platforms has asked California Attorney General Rob Bonta to block OpenAI’s planned conversion from a nonprofit organization to a for-profit company, The Wall Street Journal reported Friday. In a letter sent to Bonta’s office Thursday, Meta said that allowing OpenAI to become a for-profit ... Read more

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The Information
Rocket Drew @ The Information · 12/13/2024 20:44 EDT

Federal Court Denies TikTok’s Request for Injunction

The U.S. Court of Appeals for the D.C. Circuit denied TikTok’s request on Friday for a temporary halt to the law that would ban the social media app in the U.S. The court said that TikTok did not show a legal precedent for receiving an injunction in its position, and TikTok could request an ... Read more

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The Information
Rocket Drew @ The Information · 12/13/2024 18:41 EDT

Liquid AI, which is developing a new approach to building generative artificial intelligence models, announced Friday that it had raised $250 million in Series A funding, led by chipmaker AMD. The round values the startup at $2.3 billion, Bloomberg reported. That’s smaller than the $300 million, ... Read more

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The Information
Amir Efrati @ The Information · 12/13/2024 18:39 EDT

Suchir Balaji, who spent nearly four years at OpenAI before leaving and accusing the company of copyright violations, was found dead at his apartment in San Francisco late last month, the San Francisco Police Department told the Mercury News. He was 26. Balaji, who said he had helped OpenAI ... Read more

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The Information
Jessica E. Lessin @ The Information · 12/13/2024 18:31 EDT

This week on More or Less: Sora reveal, Google's AI agents and digital trade under Trump. Apple Spotify YouTube Read more

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The Information
Martin Peers @ The Information 2 place · 12/13/2024 18:00 EDT

Broadcom Stock Soars on Upbeat AI Talk

Broadcom CEO Hock Tan wants some of Jensen Huang’s limelight. Stock of the chip and software firm rocketed 24% on Friday, the day after Tan claimed that the company had a “massive” opportunity in artificial intelligence chips over the next three years. Speaking on an earnings call on Thursday night, he said Broadcom had three customers whose AI chip road map implied a potential market of between $60 billion and... Read more

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The Information
Amir Efrati @ The Information · 12/13/2024 16:19 EDT

The U.S. effort to stop China from accessing the best American-made artificial intelligence chips is expanding geographically. American officials are preparing to restrict the number of advanced AI chips made by firms such as Nvidia from being sold in regions such as the Middle East and ... Read more

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The Information
Stephanie Palazzolo @ The Information · 12/13/2024 15:18 EDT

OpenAI on Friday hit back at Elon Musk, who co-founded the artificial intelligence developer but is now its biggest antagonist. Two weeks after Musk asked a court to stop OpenAI from converting itself to a for-profit enterprise from a nonprofit, OpenAI has responded with claims that Musk not ... Read more

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13.11.2025 11:42
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