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10.11.2025 − 16.11.2025
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Juro Osawa @ The Information 3 place · 11/12/2025 13:02 EDT

Android Creator Andy Rubin Launches Robotics Startup in Tokyo

Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more â€ș

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Maria Heeter @ The Information · 11/17/2023 09:00 EDT

‘Figma Took Their Lunch Money’: How $2 Billion Design Startup InVision Fell Apart

The founder and CEO of InVision saw the siege coming. His successful user interface design startup was growing fast, having built a product that some expected to put Adobe, the juggernaut of the design industry, back on its heels. But Adobe was working on a next-generation app of its own, and another upstart, Figma, was gaining momentum with software that could be a game changer. So InVision’s CEO, Clark Valberg,... Read more â€ș

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Jessica E. Lessin @ The Information · 11/16/2023 20:12 EDT

Tech Kisses the Ring

Lately, when San Francisco makes national headlines, it’s about crime, homelessness or questions about whether tech companies will ever return to downtown. So this week, it was nice to see San Francisco in the news for a different reason, as U.S. President Joe Biden and Chinese President Xi Jinping of China came to town for the Asia-Pacific Economic Cooperation Summit, a summit of world leaders to promote trade.I have never... Read more â€ș

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Jon Victor @ The Information 2 place · 11/16/2023 19:07 EDT

Google Delays Release of Gemini AI That Aims to Compete With OpenAI

Google’s company-defining effort to catch up to ChatGPT creator OpenAI is turning out to be harder than expected. Google representatives earlier this year told some cloud customers and business partners they would get access to the company’s new conversational AI, a large language model known as Gemini, by November. But the company recently told them not to expect it until the first quarter of next year, according to two people... Read more â€ș

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Sylvia Varnham O'Regan @ The Information 1 place · 11/16/2023 18:53 EDT

How Whistleblowers Changed Our Understanding of Meta

Before Frances Haugen became a global public figure for leaking a trove of internal documents on Facebook, she carefully avoided alerting Facebook’s security to her plans. The details on how—fascinating to journalists and probably alarming to any CEO—suggest Haugen knew she was about to launch a grenade into the strenuously cultivated public image of the company now called Meta Platforms.“To thwart potential surveillance to the greatest degree possible, I had... Read more â€ș

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The Information
Kate Clark @ The Information · 11/16/2023 17:10 EDT

Venture Capitalists Can’t Hold Off on Markdowns Forever

A debate has resurfaced in the venture capital industry over the value of regularly updating portfolio startups’ valuations to better reflect current conditions—in particular, how aggressively to lower the value of the stakes. Many venture capitalists argue that markdowns are arbitrary and therefore meaningless, and that a VC firm’s limited partners won’t really know the value of a stake until it’s sold or the startup goes public. But some LPs... Read more â€ș

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The Information
Natasha Mascarenhas @ The Information · 11/16/2023 10:30 EDT

Two Startups Reject Web Summit Money in Fallout From Ex-CEO’s Remarks

Web Summit attempted to put a turbulent chapter behind it this week, drawing more than 70,000 attendees to the annual tech conference in Lisbon. But the fallout from its former CEO's remarks isn’t over. Two Israeli startups, Lasso Security and Ask-AI, are rejecting the investments of the tech conference’s venture arm after former Web Summit CEO Paddy Cosgrave referred to Israel’s retaliatory strikes on Gaza as “war crimes.” Startups rarely... Read more â€ș

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The Information
Stephanie Palazzolo @ The Information · 11/16/2023 10:00 EDT

Regulation Drama in Silicon Valley; Why AI Agents Haven’t Lived Up To The Hype

Before we get into today’s main topic, here’s a piece from our editor in chief Jessica Lessin and me that will be interesting if you’re into the drama of Silicon Valley and AI regulation.The article digs into the divisions between tech investors—well known to be an opinionated bunch—around how to regulate new AI technology. The most recent argument was triggered by the VC industry group Responsible Innovation Labs’ release of... Read more â€ș

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Michael Roddan @ The Information · 11/16/2023 09:00 EDT

JPMorgan’s Blockchain Business Onyx Searches for Its Identity—and Revenue

In early 2022, JPMorgan Chase proudly claimed it was the first bank to enter the metaverse. Inside a crypto-focused virtual world called Decentraland, users could visit the swanky Onyx lounge, named after the bank’s blockchain operations, to mingle with fellow crypto enthusiasts and watch videos of the bank’s experts discussing crypto markets. Read more â€ș

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The Information
Steve LeVine @ The Information · 11/16/2023 07:30 EDT

The Electric: After GM and Cruise, Dan Ammann’s New Adventure—Big-Time Lithium Mining

Two years after abruptly exiting robotaxi developer Cruise, Dan Ammann is onto a new big thing—large-scale lithium mining. His employer is oil behemoth ExxonMobil, which—if Ammann is successful in an Arkansas drilling operation he announced this week—is poised to become a global player in lithium just as it is today in oil, gas and chemicals. Read more â€ș

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The Information
Martin Peers @ The Information · 11/15/2023 20:00 EDT

Shein and Amazon Are Both Good for the Ad Business

If you’re a fashion plate on a budget, you’re probably a fan of Shein, known for selling ultracheap and trendy clothes. By all accounts, it’s popular with the kids. As we scooped today, the Singapore-based online store’s global revenue surged 40% in the first three quarters of this year, which means its revenue is now bigger than that of another fast-fashion retailer, H&M. We’ve no doubt that Shein’s investors, including... Read more â€ș

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The Information
Erin Woo @ The Information · 11/15/2023 18:45 EDT

Spiegel’s Shakeup Hits Snap Stories Group

For the past week and a half, I’ve been reporting on a social media CEO who’s been slashing product management staff, taking a hands-on role with product decisions and extolling the benefits of spending longer hours in the office. It wasn’t Elon Musk.Instead, Snap co-founder and CEO Evan Spiegel has taken the hard-core mantle from Musk as Spiegel tries to lift Snap’s business out of its ad slump, I reported... Read more â€ș

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The Information
Jessica E. Lessin @ The Information · 11/15/2023 16:26 EDT

VCs and Tech Companies at Odds Over AI Regulation

Regulating artificial intelligence was always going to be a thorny issue. But a few months into Washington’s push to do so, the question of how to oversee powerful large language models and other AI is sharply dividing the tech community. On Tuesday, a venture capital industry group released a set of guidelines on “responsible AI,” calling on companies to promote measures such as AI safety checks, and “fostering trust through... Read more â€ș

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The Information
Kate Clark @ The Information 2 place · 11/15/2023 15:36 EDT

Coatue Raises $1.4 Billion Fund, Cuts Fees as Venture Firms Navigate Frigid Market

To entice their investors off the sidelines, venture capital firms are turning to a tactic used during the dot-com bust: discounts. Coatue Management recently raised $1.4 billion for a companion fund to its $7.7 billion VC growth fund, according to two people with direct knowledge of the matter. Coatue is not charge existing investors in the growth fund management fees to invest in the companion fund. That saves the backers... Read more â€ș

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The Information
Aidan Ryan @ The Information · 11/15/2023 12:06 EDT

Another Fintech Drops Crypto

Crypto prices have been creeping up over the past month, fueling hope that the crypto winter could be thawing. But some trading and investing apps have already thrown in the towel. I reported earlier this week that Stash, an app that offers stock, ETF and crypto trading, is pulling the plug on its crypto trading service in December. The fintech had already taken crypto out of portfolios it manages for... Read more â€ș

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The Information
Theo Wayt @ The Information · 11/15/2023 10:30 EDT

Before TikTok Turned Into a Rival, Amazon Saw a Potential Partner

Late last year, Amazon executives met with their counterparts at TikTok parent ByteDance to propose a novel idea: creating a new advertising format that would let customers buy items from Amazon ads on TikTok without leaving the app, according to a person with direct knowledge of the discussions. A partnership could have been a breakthrough for both companies. Amazon knew ads on TikTok that provided the ability to buy things... Read more â€ș

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The Information
Stephanie Palazzolo @ The Information 2 place · 11/15/2023 10:20 EDT

NEA Leads Funding of Startup That Helps Customers Cut AI Costs; A Chinese Startup Seizes on Meta’s Open-Source Llama Model

In September, I wrote about an emerging group of startups that help developers manage the exploding costs of AI. These companies figure out what tasks can be handled by cheap-to-use AI models so their customers don’t end up paying for a more expensive model from OpenAI that they don’t really need. There’s signs these companies have legs, at least in the eyes of venture capitalists. One of the earliest of... Read more â€ș

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The Information
Jing Yang @ The Information · 11/15/2023 09:38 EDT

Shein’s Revenue Surged More Than 40% in First Three Quarters of 2023

Shein’s revenue surged more than 40% to $24 billion between January and September from a year earlier, people familiar with its finances said, growth that highlights the mounting threat for Amazon as the China-founded retailer looks to expand beyond fast fashion by ramping up sales of other goods like appliances and electronics. Shein, last valued at $66 billion and backed by investors including Sequoia Capital and General Atlantic, has already... Read more â€ș

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The Information
Annie Goldsmith @ The Information 2 place · 11/15/2023 07:30 EDT

Healthcare Without Health Workers: A Unicorn Pivots to an AI Doctor-in-a-Box

If Adrian Aoun has his way, the next time you visit the doctor’s office, you won’t see a single medical professional. In fact, he said, “I don’t even believe a doctor’s office should exist.” Instead, the outspoken founder and CEO of primary care startup Forward wants you to entrust your health to a landmark new product, the CarePod—a whirring, purring autonomous module that looks like an airport lactation room crossed... Read more â€ș

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The Information
Jessica E. Lessin @ The Information 3 place · 11/14/2023 20:02 EDT

Raimondo on AI Safety: ‘Off to a Good Start’

A day before U.S. President Joe Biden and China President Xi Jinping are scheduled to meet in a highly anticipated meeting in San Francisco at the Asia-Pacific Economic Cooperation summit, I sat down in a small conference room off Market Street with one of Biden’s key deputies, who will be by his side in the meeting: Secretary of Commerce Gina Raimondo.Most recently Raimondo has been busy building new relationships with... Read more â€ș

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The Information
Kaya Yurieff @ The Information 3 place · 11/14/2023 17:20 EDT

TikTok Reorganizes Content Operations After Pappas’ Exit

I’m kicking off today’s newsletter with some new details about internal changes happening at TikTok, this time in its operations division, which includes creators and content. The company has organized the hundreds of operations staff around three key areas: creators, publishers, and content strategy and policy. That’s different from the structure under chief operating officer V Pappas, who announced her exit in June. That group included marketing and distribution, as... Read more â€ș

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19.11.2025 09:56
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