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
Abram Brown @ The Information 2 place · 07/06/2024 09:00 EDT

A couple years ago, Rembert Browne, a former journalist turned Twitter editorial director, received the type of phone call many former journalists dream about: Would he like to do some screenwriting? He very much did want to, so he blocked off chunks of time on his corporate calendar as unavailable—“I was not doing a lot of work,” he said with a laugh—and signed on to co-write “Clipped,” a dramatization of... Read more ›

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The Information
Cory Weinberg @ The Information 2 place · 07/05/2024 17:30 EDT

Another day, another barrage of stories about fretful Democratic donors, worried Democratic insiders and a defiant reelection campaign from President Joe Biden. If you’re a liberal Silicon Valley or Hollywood type with strong Biden allegiances and political proclivities, you may find yourself stuck between two playbooks used in business.One would dictate ignoring Biden’s critics, battening down the hatches and riding out the news cycle. Plenty of business success stories are... Read more ›

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The Information
Anissa Gardizy @ The Information · 07/05/2024 16:34 EDT

EU Watchdogs Keeping Close Eye on Nvidia, Competition Chief Says

European Union competition chief Margrethe Vestager said the antitrust watchdog was looking into potential ways that Nvidia could be abusing its market dominance in selling artificial intelligence chips, Bloomberg reported. Speaking to a Bloomberg reporter while on a trip to Singapore, Vestager ... Read more ›

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The Information
Anissa Gardizy @ The Information · 07/05/2024 13:57 EDT

European Union competition chief Margrethe Vestager said the antitrust watchdog was looking into potential ways that Nvidia could be abusing its market dominance in selling artificial intelligence chips, Speaking to a Bloomberg reporter while on a trip to Singapore, Vestager said her group has ... Read more ›

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The Information
Jessica E. Lessin @ The Information · 07/05/2024 13:23 EDT

We hope you all had a wonderful Fourth of July. My how summer is flying by! Next week marks the start of Allen & Co.'s Sun Valley mogul-fest. And while, in many ways, the event is becoming less important to the tech conversation, I think this year will be interesting, as I lay out. Plus, Sam's very, very definitive guide to the summer's best racquet sports. And more. I hope... Read more ›

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The Information
Theo Wayt @ The Information · 07/05/2024 13:04 EDT

The European Union on Friday asked Amazon to share more information about its recommendation algorithms and ads business, a request the bloc said was required for the company to comply with a law called the Digital Services Act. The EU said Amazon must detail how it’s complying with parts of the ... Read more ›

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The Information
Nick Wingfield @ The Information · 07/05/2024 12:00 EDT

The summer gatherings of the alphas are upon us. This weekend, the annual running of the bulls will commence in Pamplona, Spain. And a couple days later, the media, tech and finance moguls of the world will begin descending in their private jets on Sun Valley, Idaho, for the annual confab hosted by Allen & Co., boutique investment bank. While the chances are slim that they’ll rampage like bulls among... Read more ›

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The Information
Theo Wayt @ The Information · 07/05/2024 10:25 EDT

The European Union on Friday asked Amazon to share more information about its recommendation algorithms and ads business, a request the bloc said was required for the company to comply with a law called the Digital Services Act. The EU said Amazon must detail how it’s complying with parts of the ... Read more ›

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The Information
Jon Victor @ The Information 2 place · 07/05/2024 09:00 EDT

Sometime in the next few months, a judge is expected to rule on the U.S. Department of Justice’s antitrust lawsuit against Google over its dominance of internet search. One of the biggest risks Google faces is the possibility that the judge will end the agreement making Google the default search engine on Apple’s Safari app for iPhones. For several years, Google has been trying to protect itself against that possibility... Read more ›

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The Information
Juro Osawa @ The Information 3 place · 07/05/2024 05:05 EDT

SoftBank is discussing with banks how to fund investments of up to $10 billion in energy-related projects, as artificial intelligence drives an enormous increase in demand for power, The Information reported. The company is also exploring ways to secure access to a large volume of Nvidia’s ... Read more ›

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The Information
Theo Wayt @ The Information · 07/04/2024 18:26 EDT

Saks Fifth Avenue parent company HBC has agreed to buy rival Neiman Marcus for $2.65 billion, with Amazon taking a minority stake in the newly combined company, the companies announced on Wednesday. The companies didn’t disclose the size of Amazon’s stake, saying only that ... Read more ›

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The Information
Juro Osawa @ The Information 2 place · 07/04/2024 09:00 EDT

SoftBank’s $10 Billion-Plus Plan to Get Into the AI Race Centers on Power and Chips

The next phase of SoftBank CEO Masayoshi Son’s plan to make the company a leader in artificial intelligence is coming into focus. And it is complicated—and potentially costly. SoftBank has recently talked with banks about borrowing money to fund investment of up to $10 billion in energy-related projects, where AI is driving an enormous increase in demand, according to a person with direct knowledge of the discussions. SoftBank also is... Read more ›

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The Information
Jon Victor @ The Information 3 place · 07/03/2024 19:16 EDT

Alphabet is shutting down agriculture startup Mineral, one of the companies in its portfolio of “other bets,” and will license Mineral’s technology to berry producer Driscoll’s, Bloomberg reported. Alphabet didn’t return a request for comment. Mineral developed specialized software and hardware ... Read more ›

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The Information
Martin Peers @ The Information 3 place · 07/03/2024 18:30 EDT

Andy Jassy has a July 4 gift for Federal Trade Commission chair Lina Khan. Amazon is, according to The Wall Street Journal, planning to back HBC, owner of the Saks department store chain, in the acquisition of rival upscale chain Neiman Marcus. Yes, that’s right. The online retailing goliath, blamed by many for crushing old-fashioned bricks-and-mortar retailers, is now coming to the rescue of one of them. But despite the... Read more ›

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The Information
The Information @ The Information · 07/03/2024 17:21 EDT

The Information Welcomes Nathaniel Popper as Bureau Chief for AI, Enterprise Software

The Information is pleased to announce Nathaniel Popper as bureau chief for our artificial intelligence and enterprise coverage. He will help our team report on an electrifying period for AI and the industries that surround it, getting inside the companies shaping it and helping readers to separate hype from reality. Popper has been at the forefront of covering technology and finance for more than a decade. He wrote “Digital Gold,”... Read more ›

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The Information
Theo Wayt @ The Information 2 place · 07/03/2024 16:55 EDT

Amazon to Take Minority Stake in HBC-Neiman Marcus Tie Up

Saks Fifth Avenue parent company HBC has agreed to buy rival Neiman Marcus for $2.65 billion, with Amazon taking a minority stake in the newly combined company, the Wall Street Journal reported on Wednesday. The Journal did not report the size of Amazon’s stake in the new company, which will be ... Read more ›

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The Information
Kaya Yurieff @ The Information · 07/03/2024 16:30 EDT

Between investors Mary Meeker and Chamath Palihapitiya’s latest reports referencing the power of creators—we are so back!This week, Meeker released the first edition of her widely-read internet report in more than four years. She focused on artificial intelligence and education, but spilled quite a bit of ink on how a young generation of internet users want to pursue careers as creators. The investor, who is dubbed “The Queen of the... Read more ›

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The Information
Theo Wayt @ The Information · 07/03/2024 15:27 EDT

Jeff Bezos to Sell $5 Billion More Worth of Amazon Shares

Amazon founder and executive chair Jeff Bezos plans to sell about $5 billion worth of his stake in the company, his second major round of share sales this year. Amazon shares have risen 32% this year and hit an all-time high on Tuesday. Bezos’ proposed sale of 25 million shares, disclosed in a ... Read more ›

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The Information
Julia Hornstein @ The Information · 07/03/2024 15:16 EDT

In the past two years, almost 200 venture capital firms have invested in young generative artificial intelligence companies without knowing exactly how those bets would pay off. Now it seems likely that several won’t. The technology has created winners such as OpenAI, but it’s also spawned a growing number of startups that could follow Adept AI and Inflection AI, whose founders left the companies to work for tech giants. Then... Read more ›

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The Information
The Information · 07/03/2024 14:49 EDT

Amazon founder and executive chair Jeff Bezos plans to sell about $5 billion worth of his stake in the company, his second major round of share sales this year. Amazon shares have risen 32% this year and hit an all-time high on Tuesday. Bezos’ proposed sale of 25 million shares, disclosed in a ... Read more ›

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16.11.2025 02:55
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