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The Information
Sahil Patel @ The Information · 09/10/2024 16:56 EDT

It’s YouTube’s second year offering customers the NFL’s Sunday Ticket service, which streams every regular season game outside of a viewer’s local market on Sunday afternoons. As part of that deal, the organizations have invited some top YouTubers to shoot videos from the stadiums, as well as use NFL-owned highlights and other intellectual property to make content throughout the season.It’s easy to see YouTube’s NFL deal becoming a benchmark for... Read more ›

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The Information
Sahil Patel @ The Information · 09/10/2024 15:24 EDT

Amazon’s decision to bring ads in Prime Video continues to upend the TV and streaming video ad markets. Speaking at a Goldman Sachs conference, Fox Corp. CEO Lachlan Murdoch said the ad-supported Prime Video has flooded the streaming ad market with a lot more commercial ad inventory, which has ... Read more ›

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The Information
Michael Roddan @ The Information · 09/10/2024 13:39 EDT

Last year, staff inside Stripe got some alarming news: The payment giant’s relationship with a key bank partner was about to change—for the worse. Wells Fargo executives had told Stripe co-founder and CEO Patrick Collison they wanted to end a partnership powering Stripe’s payments, according to three former Stripe employees briefed on the conversations. Wells Fargo had been canceling its partnerships with fintechs across the board, according to a person... Read more ›

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The Information
Stephanie Palazzolo @ The Information 3 place · 09/10/2024 10:00 EDT

Strawberry, OpenAI’s reasoning-focused artificial intelligence, is coming sooner than we thought.OpenAI plans to release Strawberry as part of its ChatGPT service in the next two weeks, earlier than the original fall timeline we had recently reported, said two people who have tested out the model. Release timelines are always subject to change, of course, but we have a few other new details about the product.We should explain that while Strawberry... Read more ›

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The Information
Martin Peers @ The Information · 09/10/2024 09:11 EDT

The European Court of Justice ruled against Apple and Google on Tuesday, imposing billions in penalties against the tech giants. Apple will have to pay 13 billion euros in back taxes to Europe, as a result of the court ruling which overturned a 2020 lower court judgement in favor of ... Read more ›

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The Information
Kaya Yurieff @ The Information · 09/10/2024 09:00 EDT

Inside TikTok, It’s Business as Usual-ish as Ban Looms

Next Monday, attorneys for TikTok will attempt to convince a U.S. appeals court to slam the brakes on a government law that would shut the short video app down in January. Inside TikTok, executives have expressed confidence they will be able to pull that off, according to two people who have recently spoken to TikTok leaders. That legal challenge could delay a ban for a half year or even longer.... Read more ›

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The Information
Juro Osawa @ The Information · 09/10/2024 04:36 EDT

Alibaba Group’s stock has been included in the program that makes it easier for investors in mainland China to trade the e-commerce giant’s Hong Kong-listed shares. The long-awaited inclusion could help the stock attract potentially billions of dollars from Chinese investors, especially ... Read more ›

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The Information
Qianer Liu @ The Information · 09/10/2024 04:16 EDT

Chinese tech giant Huawei Technologies unveiled its latest smartphone, a tablet-sized smartphone that can be folded twice, just hours after Apple’s highly anticipated new iPhone announcement. The so-called tri-fold phone underscores Huawei’s resilience in the face of the U.S. sanctions ... Read more ›

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The Information
Rocket Drew @ The Information · 09/10/2024 02:10 EDT

More than 120 people who say they are current and former employees of generative artificial intelligence companies signed an open letter in support of California’s artificial intelligence bill. Signatories include researchers and engineers at seven companies, including OpenAI, Google and ... Read more ›

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The Information
Erin Woo @ The Information · 09/09/2024 21:58 EDT

Second Google Antitrust Trial Begins

A federal judge in Virginia on Monday heard opening statements in the U.S. government’s antitrust case against Google’s advertising technology business for allegedly misusing its control over tools used by graphical-ad buyers and sellers across the web. Karen Dunn, a lawyer for Google, argued ... Read more ›

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The Information
Martin Peers @ The Information · 09/09/2024 20:00 EDT

There may never be a company with a bigger demand for antitrust lawyers than Google has right now. A little over a month after a court issued its ruling in one Justice Department lawsuit against Google, the trial of the government’s second antitrust lawsuit against Google opened on Monday. This one centers on how Google dominates the market for buying and selling ads across the internet, with implications for independent... Read more ›

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The Information
Ann Gehan @ The Information · 09/09/2024 17:59 EDT

Shopify Adds PayPal as Payment Processor in the U.S.

Shopify is adding PayPal to help process credit and debit card transactions for its Shopify Payments payment processing service in the U.S., PayPal said Monday. PayPal will join Stripe, which handles much of Shopify’s U.S. payment processing business. It marks PayPal’s latest effort to ... Read more ›

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The Information
Sahil Patel @ The Information · 09/09/2024 17:30 EDT

Elon Musk’s X has hired Angela Zepeda, the former chief marketing officer of Hyundai, as its new global head of marketing, X’s CEO Linda Yaccarino announced in a post on the platform on Monday. Zepeda brings a wealth of experience and understands how to grow a brand globally, Yaccarino said. ... Read more ›

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The Information
Jon Victor @ The Information · 09/09/2024 17:21 EDT

Oracle continues to benefit from renting out specialized servers to AI developers such as Microsoft and xAI. The database pioneer’s cloud server rental revenue rose 45% to $2.2 billion in the quarter ending Aug. 31 compared to the same period a year ago, the company said Monday. That growth was ... Read more ›

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The Information
Rocket Drew @ The Information · 09/09/2024 16:58 EDT

Apple Shows Off AI-Powered iPhones, Watch

Apple unveiled the next generations of the company’s devices on Monday, many of which will use Apple Intelligence, the AI technology Apple previewed in June that taps OpenAI’s ChatGPT for some queries. Siri will receive an AI makeover that will allow users to direct the virtual assistant to ... Read more ›

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The Information
Jing Yang @ The Information 2 place · 09/09/2024 10:21 EDT

If you’re looking for a bargain backpack or pair of shoes, Temu might seem like the ideal place to look. If you’re looking for a bargain stock, the price tag on Temu’s parent, PDD Holdings, certainly seems tempting. Since PDD’s top management warned two weeks ago that rising competition would put downward pressure on its profits in the future, PDD stock has been trading 40% below its high for the... Read more ›

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The Information
Qianer Liu @ The Information · 09/09/2024 10:00 EDT

The frenzy around AI may be abating, but in a good way. That’s my takeaway from last week's Semicon Taiwan, the chip industry’s big annual convention. Instead of just gushing about the raw power of AI, the conversations on and off stage revolved more around the technical challenges of developing semiconductor technology capable of supporting high-performance AI. Companies like Nvidia and other AI chip developers have been showcasing their latest... Read more ›

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The Information
Kate Clark @ The Information · 09/09/2024 09:00 EDT

In mid-July, OpenAI CEO Sam Altman flew into Idaho to mingle with entertainment and tech elites at the annual Sun Valley retreat. Among those by Altman’s side was Josh Kushner, founder of Thrive Capital, the New York venture capital firm that had led a recent share sale valuing the ChatGPT maker at $86 billion. Less than a month later, Altman publicly gave Kushner a pat on the back. Replying to... Read more ›

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The Information
Abram Brown @ The Information 3 place · 09/08/2024 17:05 EDT

Elon Musk’s AI startup, xAI, has talked with Tesla, Musk’s publicly traded car manufacturer, about a deal that would give it a piece of Tesla revenue. The two companies have discussed Tesla licensing the startup’s AI models to help the carmaker develop its Full Self-Driving ... Read more ›

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The Information
Amir Efrati @ The Information 2 place · 09/07/2024 18:49 EDT

Enterprise software firm Palantir and data center server provider Dell are joining the S&P 500 index of stocks, S&P Global said late Friday, while American Airlines and product marketplace Etsy are being removed. Both Palantir and Dell have benefited from the generative artificial ... Read more ›

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25.11.2024 05:32
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