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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Smart devices and connected apps are a part of daily life for many people—sharing our location, keeping an eye on our homes, and even monitoring our sleep cycles and heart rates. This ecosystem of connected experiences offers new conveniences and insights, but it also raises critical questions about information overload, data privacy, and whether these technologies will one day be able to successfully integrate with existing systems and processes. At... Read more ›
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Elon Musk’s SpaceX began its fifth test flight of its giant Starship rocket on Sunday morning, as scheduled, and made major progress when it landed the second stage booster back on the launch pad by having the tower “catch” it. Musk tweeted video of that operation as it occurred. ... Read more ›
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Elon Musk’s SpaceX plans the fifth test flight of its giant Starship rocket on Sunday morning, after getting FAA approval for the flight on Saturday. In a post on its web site, SpaceX said the fifth test flight aims to “take another step” to reusing the rocket. In the fourth ... Read more ›
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When Beth Galetti, Amazon’s senior vice president of people, experience and technology, joined the company in 2013, it employed around 100,000 people—a number that has since exploded to 1.5 million. The responsibility of overseeing one of the world’s largest workforces requires Amazon to balance two crucial outcomes: maintaining its marketplace edge by optimizing productivity, while also meeting the needs of its employees. The company’s much-discussed September announcement, calling for workers... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Ben Horowitz, an investor of many contrasts • Social Media: The moms at war with social media• The Top 5: Our favorite protein bars • From AI to Chelsea Clinton’s Plea, Inside The Information’s Latest WTF Summit • Plus: SF’s nerd mecca; the videogame company obsessed with winning and sex; and another great British reality show.At this point, we’ve hurtled past the... Read more ›
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The macro of the moment is protein, and it’s not much of a competition. Everyone is paying attention to their protein intake for one reason or another: The longevity movement’s practitioners are focusing on it for strength training. Anyone on a GLP-1 has likely gotten a doctor’s lecture on getting the right amount of protein. And then there are the ongoing debates about just how much you need. “It’s become... Read more ›
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When Andrew Gounardes needed help rallying support for two social media bills he’d introduced in the New York State Senate earlier this year, he knew who to call: Mothers Against Media Addiction. The New York-based nonprofit parental advocacy group had caught Gounardes’ attention even before it officially launched in March, thanks to its founder, Julie Scelfo, whom a colleague had introduced Gounardes to earlier that year. “It was a match... Read more ›
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Could a breakup be good for Google? The gang had a lot to debate and discuss. Plus, Jessica recaps The Information's WTF. Enjoy! Apple Spotify YouTube Read more ›
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MatX, a two-year-old startup developing a server chip for artificial intelligence, is looking to raise between $75 million to $100 million in new capital, according to a pitch deck viewed by The Information and an investor with knowledge of the deal. The company’s target valuation could not be ... Read more ›
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Khosla Ventures has raised a $405 million special purpose vehicle to invest in OpenAI’s $6.6 billion funding round, according to a person close to the firm and a regulatory filing. The SPV will consist of capital contributed by both Khosla and outside investors, the person said. Venture ... Read more ›
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Coatue Management, an early and substantial backer of TikTok parent ByteDance, has shelved its earlier plan to sell part of its stake in the Chinese tech giant, at least for the moment, The Information reported on Friday. In August, The Information reported that Coatue was considering selling ... Read more ›
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You certainly can’t accuse Wall Street of being taken in by a glitzy presentation, at least not this week. Elon Musk’s big robotaxi reveal on Thursday night went down like a lead balloon with investors today. Tesla shares fell 9%, while shares of Uber, whose business is theoretically at risk from a Tesla robotaxi, rose nearly 11% to $86. That puts Uber stock a few dollars above where it was... Read more ›
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TikTok has set aside $1 billion for future fines from regulators in Europe, according to a corporate filing in the U.K. from the ByteDance-owned company. One potential hefty fine could be coming soon, as The Information previously reported. Irish regulators are preparing a draft ... Read more ›
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The Information’s annual summit for women in tech, media and finance is a wrap! This year’s sold out conference in Napa Valley included leaders from Amazon, Google, J.P. Morgan, Salesforce, PagerDuty, Instacart, Block, Airbnb and many more. In case you missed some of the coverage, here is your weekend WTF reading. Artificial intelligence is the steel thread that ran throughout the two days’ sessions. Google’s head of search Liz Reid... Read more ›
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JPMorgan CEO Jamie Dimon said geopolitical tensions are “treacherous and getting worse” and that the bank was preparing for a situation that could have “far-reaching effects on both short-term economic outcomes and more importantly on the course of history.” The gloomy outlook came as the bank— ... Read more ›
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On the night of Sept. 21, a group of Black entrepreneurs, investors and Congressional Black Caucus members navigated a labyrinth of gated security to reach a megamansion with views of the Las Vegas Strip. Their hosts: venture capitalist Ben Horowitz, his wife Felicia and Rep. Steven Horsford, chair of the Democratic congressional group. As guests mingled by the Horowitzes’ wraparound pool, their discussions focused on cryptocurrency, artificial intelligence and how... Read more ›
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Until Julie Gao joined ByteDance as chief financial officer two years ago, she was one of the highest-profile initial public offering lawyers in Asia. Over the course of 20 years, she helped take public a succession of Chinese tech giants, including JD.com, Temu parent PDD Holdings and Meituan. The one company Gao hasn’t been able to take public, though, is ByteDance, one of the world’s most valuable private tech companies. Read more ›
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Tesla CEO Elon Musk said the company would release Robotaxis costing less than $30,000 in 2026, though he stopped short of promising the vehicles would be fully autonomous, describing them as “highly optimized for autonomous transport.” Musk also said the company would sell $20,000 humanoid ... Read more ›
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It’s become well understood that the high-stakes political world more closely mirrors the satire “Veep” than the prestige-draped “The West Wing.” Behind the pomp, circumstance and power are humans who, like all of us, are prone to bumbling mistakes.   The same thing can be said, it seems, about highly choreographed, stealthy corporate activist investors. Case in point today: Starboard, one of the largest such firms, had its $1 billion activist... Read more ›
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A federal judge in Virginia on Thursday denied domain registrar GoDaddy’s effort to dismiss an antitrust lawsuit alleging that the company deterred its customers from using software tools made by a competitor. Entri, a startup that helps domain owners connect their websites to software tools ... Read more ›
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14.11.2025 02:53
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