If Bob Iger decides to update his 2019 memoir, âRide of a Lifetime,â with a chapter on his return to Disney a year ago, heâll have plenty of juicy material. The executive once widely admired for his success in running the entertainment giant is now being assailed on all sides. Today, we had Elon Musk, still irritated that Disney joined other advertisers in pulling money off X last month after... Read more âș
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This afternoon, we published a story about TikTokâs latest moves to address mounting criticism that antisemitism and other hate speech has proliferated in videos about the Hamas-Israel war, including an upcoming âSwipe Out Hateâ campaign in its app and a new âanti-hate and discriminationâ task force to tackle antisemitism and Islamophobia. Creators are a key part of these efforts, as TikTok pulls from a now familiar playbook of garnering their... Read more âș
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Hereâs a number that might surprise you: In the first six months of the year, California Public Employeesâ Retirement System committed about $4.5 billion to venture capital funds, according to public filings. Thatâs almost 15% of the total capital raised by U.S. VC firms in the same period, and a staggering increase over Calpersâ 2022 commitments to VC funds, which totaled about $1.5 billion.As most LPs take a step back... Read more âș
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TikTok is preparing a slew of initiatives to defuse growing complaints that antisemitism and other hate speech has proliferated in videos about the Hamas-Israel war. The ByteDance-owned app is planning a social media campaign this month called âSwipe Out Hateâ that will involve creators to spread its message, according to a person with knowledge of its plans. It is also working to open up its research application programming interface, a... Read more âș
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After months of build-up, developers were excited to finally see the long-awaited release of Googleâs Gemini models yesterday. But their enthusiasm was tempered by the fact that the only model available right now is Gemini Nano, which you can guess means itâs smallâso small it can run on Googleâs Pixel phones. Developers have to wait until next weekâs release of Gemini Pro, Googleâs equivalent of GPT-3.5, to have a model... Read more âș
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Amazon Web Services last week said it would allow Nvidia to operate a cloud service using AWS data centers, making AWS the last major cloud provider to do so. With the new service, known as DGX Cloud service, Nvidia will rent servers that contain its graphics processing units from AWS, then sell access to the servers to its own customers, The Information has reported. As part of the deal, AWS... Read more âș
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For a year or two, Chinese auto and battery companies have circled North America in search of an opening to sell their products in the U.S.âthe worldâs second-largest car market, but one hostile to goods made in China, the U.S.âs chief geopolitical rival. None of the Chinese companies, however, has been as bold as battery developer Gotion, which, eschewing any uncertainty, announced that it would build lithium-ion batteries in Michigan... Read more âș
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Today tells you a lot about the current state of Google and its parent company Alphabet. The tech giant, once the leader in artificial intelligence, unveiled its answer to OpenAIâs ChatGPT with a productâGemini Proâthat is comparable to what OpenAI released a year ago. Itâs easy to miss this nuance amid the deluge of positive press, but Googleâs more competitive productâGemini Ultraâwonât be out until January at the earliest, as... Read more âș
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You probably first came across House of Highlights years ago on Instagram after the channel posted a clip of LeBron James blocking a shot or Steph Curry hitting a three-point shot from deep. You may have also noticed these NBA stars liking and commenting on those posts. House of Highlights, or HOH for short, has become as much of a household name for many younger sports fans as ESPN.In recent... Read more âș
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Ten years ago, on December 4, 2013, The Information hit the ground sprintingâand it hasnât slowed down since. Day 1 saw the publication of a pair of instantly buzzy stories. The first, by founder and CEO Jessica Lessin, was titled âHow Apple Gives Some Apps an Edge.â The second, co-bylined by Jessica and nowâexecutive editor Amir Efrati, was headlined âGoogleâs Andy Rubin Pursues âReplicantâ Robots.â Both stories offered a hint... Read more âș
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Warner Bros. Discovery executives talked up their gaming business as a growth opportunity in a recent call with investors. That makes sense. In 2023, gaming and Hollywood increasingly overlapped in the zeitgeist: The second-highest-grossing movie of the year is âThe Super Mario Bros. Movie,â based on a videogame. âFriday Night at Freddyâs,â a horror movie based on the popular videogame franchise, recently became the highest grossing movie from Blumhouse Productions,... Read more âș
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After months of anticipation, Google executives are sharing details about Gemini, its high-stakes effort to catch up to OpenAI. Thereâs a lot to talk about but the bottom line is that Googleâs competitor to OpenAIâs GPT-4 isnât ready yet.Google today is letting developers sign up to access a miniature version of the model, named Gemini Nano, to build AI apps for Android. A bigger version of Gemini, known as Pro,... Read more âș
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Say this for 2023âit was better for tech than 2022 was. Shares of the biggest tech companies recovered, while Nvidiaâs soared, boosting the chipmakerâs market capitalization past $1 trillion. There were even a handful of initial public offerings. Chatbots powered by artificial intelligenceâmost notably OpenAIâs ChatGPTâcaptivated the public. That said, the news wasnât all good. Venture investments in startups fell for a second consecutive year, despite a surge of investment... Read more âș
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Booking Holdings and Airbnb have long resembled a father-son duo of the online travel industry. Airbnb has traditionally been the cool kid of the two, a fast-growing San Francisco media darling that customers flocked to. Its product became a verb. Bookingâwhich came from an older internet generation, marked by a utilitarian, Dutch-influenced corporate cultureâhad to advertise heavily on Google search engines in order to attract anyone. But, just as people... Read more âș
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The creator economy is global, but many creators make content in only one language. To reach more fans, some creators are replacing the audio with a translated version, known as dubbing. But dubbing can cost as much as $75 per minute, according to Bunny Studio, which provides creative services including voiceovers. Generative artificial intelligence may change that, though. In addition to YouTube, at least three venture-backed companies released AI-powered dubbing... Read more âș
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OpenView Venture Partners, a Boston-based venture capital firm that has backed enterprise software firms such as Calendly and Expensify, has laid off most of its staff and will not make new investments, according to a person with knowledge of the situation. The sudden fall of the firm, which employed at least 74 people, according to its website, could be a sign of rising pressure on VC firms to generate returns... Read more âș
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Sequoiaâs investing empire is shoring up control at one of its startup crown jewels during a critical time for the Silicon Valley firm. Venture capital firm Sequoia Capital recently added Luciana Lixandra, a partner based in London, to the board of $50 billion payments company Stripe, one of the most valuable holdings in Sequoiaâs sprawling portfolio. Separately, Sequoia Heritage, the firmâs separate wealth management business, added a partner, Kevin Kelly,... Read more âș
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New PayPal CEO Alex Chriss is fast-tracking an effort to bolster the companyâs defenses against Stripe and Apple Pay, highlighting how the payments giant has fallen behind newer, slicker competitors. Teams across the payments giant have been racing to add a slew of new features to make its digital wallet and online checkout more attractive for shoppers and merchants, two employees said, part of a project code named Quantum Leap... Read more âș
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If anyone knows anything about me, itâs that Iâm terrible at giving gifts. But, if I were BFFs with any of the model developers, Iâd know what would be at the top of their Christmas lists: AI chips.These pieces of specialized hardwareâknown as âgraphics processing units'' in industry parlanceâhave been the hottest commodity of 2023, so much so that VCs have been offering them to entice buzzy startups to take... Read more âș
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On Redditâs founding anniversary in June, CEO Steve Huffman and Y Combinator founder Paul Graham reminisced in front of employees about old times, when the online forum hatched out of the first class of the famed startup accelerator in 2005. Others in the Y Combinator class had since moved on and folded their early startups. âReddit is the last oneâ to survive, said Jodi Anderson, Jr., who worked in ad... Read more âș
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01.04.2026 03:58
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