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The Information
Juro Osawa @ The Information · 01/21/2025 09:00 EDT

ByteDance Is a Steal Even Without TikTok

TikTok might have restarted operations in the U.S., but investors in the app’s parent company, ByteDance, remain in the dark about its future. For those debating buying into ByteDance shares, however, it doesn’t matter. Whatever happens, ByteDance stock is severely undervalued. Even if TikTok were to disappear entirely from the U.S., cutting off the app’s biggest market for advertising and a major source of its content, ByteDance should be worth... Read more â€ș

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The Information
Wayne Ma @ The Information 2 place · 01/21/2025 01:26 EDT

President Trump on Monday revoked dozens of executive orders issued by the Biden administration including a key directive related to artificial intelligence. Biden’s executive order on AI was issued in October 2023 and required companies developing advanced AI models to share information with ... Read more â€ș

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The Information
Juro Osawa @ The Information · 01/20/2025 21:06 EDT

President Trump signed an executive order to delay the enforcement of the TikTok sale-or-ban law for 75 days from Monday. In the order, Trump said his administration plans to find a solution “that protects national security while avoiding an abrupt shutdown of a communications platform used by ... Read more â€ș

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The Information
Martin Peers @ The Information · 01/20/2025 19:45 EDT

Donald Trump is president again, as of today! And in tech, among the most immediately affected will be viewers of the long-running drama “TikTok—Ban or Not?”. Trump on Sunday promised to renew the series for an expected three months. So far, Apple and Google don’t appear to be sticking around for the new season. While cloud service Oracle turned TikTok back on after a nearly 12-hour outage Sunday, the app... Read more â€ș

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The Information
Kaya Yurieff @ The Information 3 place · 01/20/2025 19:31 EDT

Instagram isn’t letting a good TikTok crisis go to waste. Representatives for the Meta Platforms–owned app in the last week have been contacting creators with large TikTok followings, offering cash bonuses ranging from $10,000 to $50,000 per month or even more to make short videos for Instagram Reels, according to a person with direct knowledge of the discussions. The richest cash offers are tens of thousands of dollars more than... Read more â€ș

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The Information
Martin Peers @ The Information · 01/20/2025 16:46 EDT

A parade of tech luminaries were prominent amongst attendees at Donald Trump’s presidential inauguration on Monday, signaling a major shift in relations between the tech industry and Trump for his second term. Among high level people sitting immediately behind Trump as he was sworn in ... Read more â€ș

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The Information
Natasha Mascarenhas @ The Information 2 place · 01/20/2025 09:00 EDT

Venture capital firms have increasingly been acting like private equity firms by investing in or buying mature businesses in need of a turnaround. Now those firms are utilizing another PE strategy—rolling up multiple competitors into a single company that can operate more efficiently by combining costs. Venture capital firms such as General Catalyst and 8VC are creating or investing in these types of holding companies in fields such as call... Read more â€ș

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The Information
Kalley Huang @ The Information 2 place · 01/19/2025 15:14 EDT

Instagram is creating a competitor to ByteDance’s video creation and editing app CapCut, called Edits, Instagram head Adam Mosseri said on Sunday. The announcement came after CapCut and TikTok, the larger ByteDance-owned app, shut off services for U.S. users late Saturday. A federal law came ... Read more â€ș

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The Information
Kaya Yurieff @ The Information 2 place · 01/19/2025 12:54 EDT

TikTok said it’s working with its service providers to restore availability of its app on Sunday. Oracle started turning TikTok servers back on morning Pacific time, according to someone with direct knowledge of the matter. “We thank President Trump for providing the necessary clarity and ... Read more â€ș

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The Information
Juro Osawa @ The Information 3 place · 01/19/2025 11:30 EDT

Donald Trump said he plans to issue an executive order on Monday to delay the enforcement of the TikTok ban and bring the app back. Trump also proposed a joint venture deal for TikTok with 50% U.S. ownership to allow the app to stay in operation in the U.S. “I’m asking companies not to let ... Read more â€ș

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The Information
Sylvia Varnham O'Regan @ The Information 1 place · 01/18/2025 23:08 EDT

TikTok has stopped working in the U.S., hours before a law comes into effect banning the app unless it cuts ties with its Chinese parent company, ByteDance. Users of the app are now shown a pop-up message that takes them to a webpage with information about the ban and details about how to ... Read more â€ș

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The Information
Anissa Gardizy @ The Information · 01/18/2025 20:54 EDT

Leaders at Oracle, the main cloud computing provider for TikTok’s U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data on Saturday night as early as around 9 p.m. Eastern, in advance of a U.S. law that bans the app starting Sunday. Oracle CEO Safra Catz is expected to give the final go ahead to cut off the TikTok servers, according to a... Read more â€ș

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The Information
Yueqi Yang @ The Information 1 place · 01/18/2025 16:18 EDT

President-elect Donald Trump on Friday evening announced on social media the launch of his “official” meme token, a solana-based asset whose price jumped to $26 per token within a day, giving it a market value of $5 billion on paper. The token, called $TRUMP, is intended to be an expression ... Read more â€ș

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The Information
Kaya Yurieff @ The Information · 01/18/2025 16:17 EDT

A message from TikTok to some sellers that use its shopping features that its app will be “suspended” at 8:30 PM Eastern Saturday, ahead of a law forcing the shutdown of the U.S. app that goes into effect on Sunday, January 19, was erroneous, according to a spokesperson. “Today, an ... Read more â€ș

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The Information
Kaya Yurieff @ The Information · 01/18/2025 14:56 EDT

With a U.S. ban of TikTok just hours away, the company’s U.S. staff has been scrambling to contain the fallout for the millions of creators and merchants who have tied their livelihoods to the app. TikTok is considering creating a website to handle TikTok Shop returns once the company shuts down the app, managers told staff in its e-commerce division during a meeting on Friday. TikTok also wants to ensure... Read more â€ș

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The Information
Abram Brown @ The Information · 01/18/2025 10:00 EDT

Wildfire Startups Need a SpaceX Moment

Welcome, Weekenders! In this newsletter:‱ The Big Read: Sports league startups bet on selfies and shape-shifting putting greens* Power and Influence: The tech industrial complex gets ready to party over Trump‱ Media and Entertainment: Apple’s most intriguing TV show‱ Plus, our Recommendations—for deep-winter binges: A buffed-up Baldur’s Gate 3; the merry in Derry; a surreal swamp; and Baden-Baden–style bumps in the nightThe complete extent of the devastation wrought by the... Read more â€ș

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The Information
Kaya Yurieff @ The Information · 01/18/2025 08:53 EDT

TikTok on Friday night said it would be “forced to go dark” on Sunday, the deadline for a ban of the app to go into effect, unless it gets assurances from the Biden Administration and the Department of Justice. TikTok’s statement confirms reporting from The Information earlier this week that the ... Read more â€ș

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The Information
The Information · 01/18/2025 08:00 EDT

In the streaming era’s current period, deducing the whereabouts—and fate—of a favorite series is often a more complex mystery than the ones that confront the fictional investigators and detectives in many of these shows. Some shows air weekly, while others get released in a single drop. Certain episodes arrive in the evening, while others populate on landing pages as the sun comes up. It’s getting nearly impossible to predict if—let... Read more â€ș

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The Information
Nick Wingfield @ The Information · 01/18/2025 08:00 EDT

On Thursday, about 200 founders and investors tucked into seared sea bass and key lime pie at Mar-a-Lago, Donald Trump’s Palm Beach private club. The mood was celebratory, and the attendees talked about their hopes for a deregulatory boom in the nuclear and space industries. Each attendee received a black baseball cap emblazoned with the slogan “Make Nuclear Great Again,” courtesy of one of the startups attending, Valar Atomics. Meanwhile,... Read more â€ș

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The Information
Martin Peers @ The Information · 01/17/2025 18:00 EDT

When future historians chronicle recent events in the tech industry, they’re likely to marvel at the endurance of TikTok, which has become like a cockroach in a nuclear war: the ultimate survivor. Today’s Supreme Court decision upholding the ban-or-sell law should have been the nail in the coffin for the company. After all, as we recounted in this piece today, its management had no backup plan other than the legal... Read more â€ș

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