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The Information
Sylvia Varnham O'Regan @ The Information · 11/26/2024 17:16 EDT

Meta’s text app, Threads, has gained 35 million new signups since Nov. 1, according to company spokesperson Andy Stone. Meta provided the update to Axios amid a flurry of news reports about the growth of rival text app Bluesky, which has surged in popularity in the wake of the presidential ... Read more ›

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The Information
Catherine Perloff @ The Information · 11/26/2024 17:15 EDT

The judge overseeing Google’s search antitrust case warned that he doesn’t want to delay the upcoming trial of remedies to deal with Google’s illegal search monopoly, now scheduled for the spring. At a status conference for the case on Tuesday, the judge said the incoming presidential ... Read more ›

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The Information
Rocket Drew @ The Information 2 place · 11/26/2024 17:11 EDT

Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›

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The Information
Sahil Patel @ The Information · 11/26/2024 17:08 EDT

The biggest rap beef in music history now includes threats of legal action—and allegations that the most powerful music label in the world engaged in an illegal payola scheme by paying influencers to promote a hit song. The allegations illustrate the Wild West of influencer marketing, which lacks some of the enforcement mechanisms that keep other, more traditional forms of advertising in check.On Monday, lawyers representing Drake filed a legal... Read more ›

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The Information
Rocket Drew @ The Information · 11/26/2024 16:41 EDT

Black Forest Labs, the German artificial intelligence startup, is in talks to raise $200 million in a funding round led by venture capital firm Andreessen Horowitz, Bloomberg reported Tuesday. That would be a substantial sum for a company as young as Black Forrest, which launched in August of ... Read more ›

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The Information
Kevin McLaughlin @ The Information · 11/26/2024 13:34 EDT

Collaboration software provider Airtable is now growing at a 30% annual rate and has turned cash flow positive, and Chief Financial Officer Ambereen Toubassy said the company hopes to be ready for a possible initial public offering next year, as we reported today. The numbers show ... Read more ›

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The Information
Andrew A. Rosen @ The Information · 11/26/2024 12:00 EDT

Don Allen Stevenson III is a former trainer for Dreamworks Animation who uses artificial intelligence tools to create videos for his 124,000 followers on Instagram, where he goes by Don Allen III. Stevenson uses the videos to showcase how he uses AI tools. In one recent video, he used 3D animation software called Cinema 4D to build an animated vortex that he superimposed on various images. He then used video... Read more ›

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The Information
Kalley Huang @ The Information · 11/26/2024 11:00 EDT

Earlier this year, a string of founders left their artificial intelligence startups for Google, Amazon and Microsoft after striking licensing deals with the technology giants. Now things are reversing: some founders lately have left their startups for bigger rivals after exploring—but not inking—acquisitions.On Monday, Justin Uberti, cofounder and chief technology officer of Fixie.ai, announced he had joined OpenAI to lead its real-time AI efforts, which aim to allow people to... Read more ›

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The Information
Jon Victor @ The Information · 11/26/2024 10:31 EDT

After a brutal downturn, software startups are doing better. Airtable, an app firms use to help employees collaborate on projects, is growing at a 30% annual rate, according to Chief Financial Officer Ambereen Toubassy, and has turned cash flow positive. Toubassy said Airtable hopes to be prepared for a possible initial public offering next year. Read more ›

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The Information
Qianer Liu @ The Information 1 place · 11/26/2024 09:00 EDT

If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›

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The Information
Qianer Liu @ The Information · 11/26/2024 05:57 EDT

China’s Huawei Technologies has unveiled its latest flagship smartphone featuring a homegrown operating system designed to compete with Google’s Android and Apple. This launch marks the company’s renewed effort to penetrate China’s high-end smartphone market, a sector predominantly dominated by ... Read more ›

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The Information
Rocket Drew @ The Information · 11/25/2024 21:54 EDT

Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›

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The Information
Theo Wayt @ The Information · 11/25/2024 20:00 EDT

Klarna has been louder than most other companies about using artificial intelligence to cut jobs and save money—part of a broader AI rebrand as the installment lender polishes itself up for a potential IPO. A fresh batch of financial details the company released today, alongside an AI-generated avatar of CEO Sebastian Siemiatkowski discussing the highlights, gave us some evidence that AI really is moving the needle for the firm.Klarna’s sales... Read more ›

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The Information
Kalley Huang @ The Information · 11/25/2024 19:23 EDT

Bluesky is Violating Information Disclosure Rules, EU Says

Bluesky, a microblogging platform that competes with Elon Musk’s X and Meta Platforms’ Threads, is violating the EU’s information disclosure rules, a spokesperson for the European Commission told Reuters Monday. “All platforms in the EU… have to have a dedicated page on their website where it ... Read more ›

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The Information
Erin Woo @ The Information · 11/25/2024 18:30 EDT

The Department of Justice argued on Monday that Google had monopolized the market for advertising technology, in its closing arguments in its second monopoly trial against the Internet giant. Next, the judge in the case will decide Google’s liability in the coming months. Aaron Teitelbaum, a ... Read more ›

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The Information
Kevin McLaughlin @ The Information · 11/25/2024 18:23 EDT

Shares of Zoom dropped more than 4% after its third-quarter earnings after the videoconferencing provider reported sales growth of 3.6% to nearly $1.18 billion compared to last year. But the bigger news was Zoom’s decision to change its legal name to Zoom Communications, dropping the ... Read more ›

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The Information
Akash Pasricha @ The Information · 11/25/2024 18:04 EDT

Elon Musk’s Neuralink said it was approved to begin testing a robotic arm that can be controlled with its brain chip implant. The company did not provide much further detail about the project. The company’s existing device has been implanted in two patients and currently allows them to control ... Read more ›

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The Information
Rocket Drew @ The Information · 11/25/2024 14:56 EDT

Nvidia on Monday unveiled it was working on Fugatto, a new artificial intelligence model for generating audio based on text prompts. Fugatto, an abbreviation of Foundational Generative Audio Transformer Opus 1, can compose a new piece of music based on a text prompt, or users can upload their ... Read more ›

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The Information
Anita Ramaswamy @ The Information 1 place · 11/25/2024 13:25 EDT

Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›

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The Information
Wayne Ma @ The Information 2 place · 11/25/2024 10:30 EDT

Apple’s desire to make its products thinner could dampen sales in China if its engineers can’t overcome a design hurdle with the slim iPhone planned for release next fall—it can’t fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more ›

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