The Information

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03.11.2025 − 09.11.2025
The Information
Theo Wayt @ The Information 2 place · 11/04/2025 09:54 EDT

Norway’s Sovereign Wealth Fund to Vote Against’s Elon Musk’s Tesla Pay Package

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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The Information
Yueqi Yang @ The Information · 07/23/2024 09:44 EDT

Exchange-traded funds holding spot ether tokens begin first-day trading on Tuesday, after nine issuers including BlackRock, Fidelity, and Franklin Templeton received full approvals from the Securities and Exchange Commission. Ether, the second largest cryptocurrency, rose above $3,500 on Tuesday ... Read more

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The Information
Ann Gehan @ The Information · 07/23/2024 09:11 EDT

Shoppers these days have a wide range of drink options to choose from, from probiotic kombucha to lychee-flavored sparkling water, thanks to an investment boom in beverage startups three years back. As welcome as that may be for parched consumers, the flood of new drink options is turning into a headache for young drink companies such as Recess, which sells beverages and supplements that promise to aid relaxation, and Sanzo,... Read more

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The Information
The Information · 07/23/2024 05:55 EDT

AMD President to Retire Two Years After Joining Due to Xilinx Deal

AMD President Victor Peng will retire at the end of August, the company said in a statement Monday. Peng, who previously was the CEO of Xilinx, became AMD’s president two years ago when AMD acquired Xilinx in a $35 billion deal. Before the deal, Xilinx had provided specialized chips for ... Read more

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The Information
Aaron Holmes @ The Information · 07/22/2024 22:59 EDT

Wiz has ended deal talks with Google after the tech giant offered to acquire the startup for $23 billion, Wiz told staff on Monday. The cybersecurity startup instead plans to pursue an initial public offering and aims to surpass $1 billion in annual recurring revenue this ... Read more

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The Information
Martin Peers @ The Information · 07/22/2024 20:00 EDT

What Verizon’s Numbers Mean for Apple

After the weekend excitement over presidential politics, we’re getting back to business. And here’s a notable nugget from Verizon’s quarterly earnings today that should be of interest to Apple shareholders and other iPhone watchers: The number of Verizon subscribers upgrading their phones fell 13% in the quarter compared to a year earlier.That decline followed a 21% drop in the first quarter. And this isn’t just Verizon: Both T-Mobile and AT&T... Read more

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The Information
Amir Efrati @ The Information · 07/22/2024 17:31 EDT

Google Reverses Decision to End Ad Trackers in Chrome

In an unexpected reversal, Google on Monday said in a blog post that it would no longer phase out cookies, trackers that websites use to follow people as they browse the internet so they can target them with ads and other services, on its ubiquitous Chrome browser. The change is a win for a ... Read more

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The Information
Scott Thurm @ The Information · 07/22/2024 17:30 EDT

Plans for a new city 45 miles from San Francisco by a group that includes prominent tech executives and investors are on hold for at least two years. California Forever, the group behind the plan, and the Solano County Board of Supervisors said in a joint statement that they would delay a ... Read more

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The Information
Sahil Patel @ The Information · 07/22/2024 16:47 EDT

Warner Bros. Discovery has elected to match one of the offers for the NBA’s new rights deals, setting the stage for a legal battle between the sports league and one of its oldest partners. Last week, the NBA’s Board of Governors approved a new rights package with Disney’s ESPN, Comcast’s ... Read more

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The Information
Scott Thurm @ The Information · 07/22/2024 16:05 EDT

Plans for a new city 45 miles from San Francisco by a group that includes prominent tech executives and investors are on hold for at least two years. California Forever, the group behind the plan, and the Solano County Board of Supervisors said in a joint statement that they would delay a ... Read more

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The Information
Sahil Patel @ The Information · 07/22/2024 13:19 EDT

Condé Nast Sends Cease-and-Desist Letter to AI Search Engine Perplexity

Magazine giant Condé Nast has sent a cease-and-desist letter to artificial intelligence search engine Perplexity, demanding that it stop using content from Condé Nast publications in its search results, according to a copy of the letter obtained by The Information. Condé Nast’s publications include The New Yorker, Vogue and Wired. The legal demand from Condé Nast comes a month after Forbes sent a similar letter to Perplexity, accusing it of... Read more

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The Information
Stephanie Palazzolo @ The Information · 07/22/2024 11:55 EDT

Canadian model developer Cohere announced on Monday that it has raised $500 million in funding at a $5.5 billion valuation, in a round led by Canadian pension fund PSP Investments and including Canada’s export credit agency EDC, AMD Ventures. The announcement confirms earlier reporting by The ... Read more

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The Information
Stephanie Palazzolo @ The Information 2 place · 07/22/2024 10:00 EDT

Silicon Valley VCs don't exactly have the best rep when it comes to putting causes like helping the environment or fixing income inequality ahead of financial returns and technological advancements.But the artificial intelligence boom has forced these investors to focus on clean power. More sources of renewable energy are necessary to power data centers employed by tech giants and AI startups to train large language models.And as last week’s piece... Read more

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The Information
Theo Wayt @ The Information · 07/22/2024 09:46 EDT

Amazon said Monday that it had acquired Bray Film Studios, a production facility outside London where the company most recently shot the second season of the Prime Video series “The Lord of the Rings: The Rings of Power.” Amazon did not disclose how much it paid for the facility, which includes ... Read more

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The Information
Sahil Patel @ The Information 2 place · 07/22/2024 09:00 EDT

Reddit, known for its chat forums on everything from Proust to Wall Street stocks, is going big on sports. The newly public social media company has struck deals with sports leagues including the NFL, NBA and MLB to get videos and other content for its social media site, according to Reddit’s chief operating officer, Jen Wong. Reddit will use the content to draw advertisers and then share the revenue it... Read more

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The Information
Jing Yang @ The Information · 07/22/2024 06:51 EDT

Temu has opened up its platform to European sellers, as the Chinese bargain-shopping site ramps up offering of locally shipped products in an intensifying rivalry against Amazon. Since last week, merchants who have corporate entities registered in Europe and who hold European passports can apply ... Read more

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The Information
Qianer Liu @ The Information · 07/22/2024 02:53 EDT

Nvidia is working on modifying its latest artificial intelligence chips to comply with U.S. export controls for China, Reuters reported. In response to the multiple rounds of U.S. rules on semiconductor exports to China, Nvidia has been taking proactive steps to develop chips tailored for this ... Read more

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The Information
Martin Peers @ The Information · 07/21/2024 16:49 EDT

Biden’s sudden departure from the presidential race sparked intense chatter this afternoon about his successor. Techies don’t seem to be of one mind (not surprisingly), but a good number seem to be backing Kamala Harris, whom Biden himself endorsed.According to several of my colleagues, who’ve been checking in with tech people today, some people see Harris as a moderate on many bread-and-butter issues, while she’s progressive on issues like reproductive... Read more

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The Information
Scott Thurm @ The Information · 07/21/2024 15:38 EDT

Former President Donald Trump took aim at the Biden administration’s policies on electric vehicles, signaling changes if he is re-elected. In his speech accepting the Republican nomination for president Thursday night, Trump said he would “end the electric vehicle mandate on day one.” The ... Read more

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The Information
Martin Peers @ The Information · 07/21/2024 14:31 EDT

President Joe Biden dropped out of the presidential race on Sunday, and endorsed his vice president Kamala Harris to be the nominee. Biden’s decision followed after weeks of intensifying pressure from a range of powerful Democrats. In a letter posted on X, Biden said that it was “in the ... Read more

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The Information
Martin Peers @ The Information · 07/21/2024 14:16 EDT

President Joe Biden dropped out of the presidential race on Sunday, after weeks of intensifying pressure from a range of powerful Democrats. His decision leaves open the question who will replace him as the Democratic candidate to take on former president Trump. In a letter posted on X, Biden ... Read more

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15.11.2025 19:01
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