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 ›
81
Netflix stock hit an all-time high of $765 on Friday, up 11%, as investors applauded the company’s third quarter earnings released Thursday evening. At Friday’s price, Netflix has a market capitalization of $328 billion, about what Walt Disney and Comcast are worth between them. The video ... Read more ›
0
U.S. regulators are investigating whether Tesla’s self-driving software stringently requires motorists to retake the wheel in dangerous driving conditions, following a fatal crash involving a Tesla electric vehicle equipped with the technology. The National Highway Traffic Safety ... Read more ›
0
First thing each weekday, Jessica Alter hits the road and runs three miles through the Marina District near her San Francisco home. On Saturdays, she swaps Golden Gate Bridge views for countryside scenes with longer trail runs close to her second home in Sonoma County. In both instances, the exercise inspires some of Alter’s best ideas as the board chair of Tech for Campaigns—one of the most consequential liberal PACs... Read more ›
22
When Greg Brockman returns to OpenAI in the next month or so, as senior leaders expect him to, the artificial intelligence startup’s co-founder will rejoin a company that’s already changed a lot in the two months since he started a sabbatical. In the time he was gone, OpenAI Chief Technology Officer Mira Murati and several other senior researchers left; the startup’s valuation soared to $157 billion in its latest funding... Read more ›
0
The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, produced chips for China’s Huawei Technologies, in potential violation of U.S. export controls, The Information reported. The department has ... Read more ›
2
The U.S. Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Co. has been making artificial intelligence or smartphone chips for Chinese tech giant Huawei Technologies in what would be a breach of U.S. export rules, said two people with direct knowledge of the matter. Since 2020, the U.S. has banned Huawei from buying chips manufactured using American equipment, citing national security concerns. The U.S. restrictions also block Huawei from using... Read more ›
1
Google might move slowly but it gets there eventually. Well, at least that’s the theory. A shake-up in the management ranks of the tech giant, unveiled on Thursday, belatedly fixes a flaw in the company’s artificial intelligence organization, one that had constrained its ability to compete with ChatGPT’s creator, OpenAI.CEO Sundar Pichai today moved the team behind Google’s Gemini AI chatbot from its search and ads unit to its DeepMind... Read more ›
0
Meditation app Calm said Thursday it had entered into a partnership with healthcare giant UnitedHealth that will make the app’s services available to more than 13 million people. The partnership follows its move, first reported by The Information, to set aside tens of millions of dollars of ... Read more ›
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Zuora, which sells software for businesses to manage subscription billing, has agreed to be bought by private equity firm Silver Lake and Singaporean sovereign wealth fund GIC for $1.7 billion, the company said Thursday. The deal values Zuora 20% higher than its valuation in April, before media ... Read more ›
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Amazon has opened a new type of small grocery store next to a Whole Foods Market, a spokesperson confirmed. The store, branded Amazon Grocery, offers products that aren’t sold in Whole Foods, due in part to the health grocer’s restrictions on ingredients like artificial sweeteners and color ... Read more ›
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Meta Platforms on Wednesday reorganized and laid off staff on several teams, according to a spokesperson for Meta. The affected teams included Instagram, WhatsApp and Reality Labs, Meta’s augmented and virtual reality unit, The Verge reported. Meta in June culled middle managers from Reality ... Read more ›
0
The rebound in funding for creator startups has faded.Funding for U.S. creator economy startups fell nearly 16% to $253.1 million during the September quarter compared to a year earlier, according to the latest update to The Information’s Creator Economy Database. Globally, funding for creator-related startups dropped about 20% to $415.8 million year over year. Read more ›
0
Payment giant Stripe is in talks to buy Bridge, a San Francisco-based stablecoin infrastructure startup, for $1 billion, Forbes reported, citing people familiar with the discussions. Founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, Bridge helps companies convert dollars or ... Read more ›
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Netflix revenue grew 15% year over year to $9.8 billion in the third quarter of 2024, the company said in its earnings report. Netflix also said based on its forecast for the fourth quarter, it expects full-year 2024 revenue to be up 15% as well. However, Netflix also expects revenue growth to ... Read more ›
0
General Catalyst is swiftly widening its global footprint. On the heels of acquiring two smaller venture firms in India and Germany, the firm plans to lead an investment in Riyadh, Saudi Arabia-based financial technology startup Lean Technologies, according to a person with direct knowledge of the firm’s investments.The deal would represent General Catalyst’s first investment in Saudi Arabia, the person said, and is a sign Silicon Valley investors are changing... Read more ›
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As Facebook owner Meta Platforms has backed away from news, Microsoft’s LinkedIn has leaned into it. LinkedIn is doubling down on its long-standing efforts to promote news articles and work with news publishers, in hopes of driving both usage and ad revenue. In the latest sign of that, in the next few days it will start testing a new News Banner atop the feed on its mobile app, highlighting news... Read more ›
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It's the early days of the artificial intelligence revolution. At this stage, enterprises are developing mostly tactical AI use cases. The next step is a more strategic, higher-value approach. As part of The Information’s San Francisco AI Summit, Stephanie Palazzolo, The Information’s AI reporter and author of the AI Agenda newsletter, sat down with three AI executives to discuss how they see the AI revolution progressing: Lenore Lang, executive vice... Read more ›
1
Currently, healthcare is reactive. Economic rewards are not always matched with the best outcomes for patients. Artificial intelligence is opening new possibilities for change. During The Information’s WTF Summit, Kaya Yurieff sat down with two healthcare visionaries to discuss what patients want and new, proactive ways of staying healthy: Alina Ioani, vice president of business development and strategic partnerships, Prenuvo Sarah Russell, managing director, bellwether, X, The Moonshot Factory  Becomin Read more ›
0
Harvard Management Company delivered a 9.6% return for its fiscal year ending June 30, 2024, according to its annual report released Thursday. This exceeds the $53.2 billion endowment’s 9.3% annualized return over the last seven years. While Harvard’s performance in a ... Read more ›
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Today’s economy is challenging for startups as many new ventures find scaling a tougher climb. But that may not be a bad thing. At The Information’s 2024 Women in Tech, Media and Finance Summit, Kate Clark, The Information’s deputy bureau chief, sat down with three experts to discuss how entrepreneurs can grow their businesses in today’s market: Shikha Goyal-Allain, Bay Area market executive and managing director, Innovation Economy Banking, J.P.... Read more ›
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Most popular sources
Business Insider
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19% 5 |
Tom's Hardware
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17% 12 |
The Verge
|
14% 6 |
Wired
|
7% 0 |
Gizmodo
|
6% 0 |
| View sources » | |
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14.11.2025 00:42
Last update: 00:35 EDT.
News rating updated: 07:32.
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