The chassis lurking under the skin of most cars is a pretty pedestrian thing—mostly sections of stamped and welded steel perforated with mounting points for the engine, suspension and everything else required to make the machine whole. The 3D-printed chassis of the Czinger 21C, however, has an unnervingly organic look. Imagine a car not so much designed as evolved out of a puddle of primordial goo, formed around a skeleton... Read more ›
0
A former ambulance driver was whizzing me through the rainy streets of Shanghai to meet an eight-car motorcade and—hopefully—U.S. Commerce Secretary Gina Raimondo. She’d been a hard person to wrangle during her three-day diplomatic trip to China, and I had been given the smallest of windows for a face-to-face interview: just 15 minutes in the back of her vehicle, en route to an engagement. The trip had been a whirlwind:... Read more ›
0
The high-profile spat between Gemini co-founders Cameron and Tyler Winklevoss and Digital Currency Group founder Barry Silbert is poised to get even uglier. Gemini is trying to rally other creditors behind a plan to wring more money out of DCG to help pay back the more than $3.5 billion owed by its bankrupt lending subsidiary, Genesis, two people familiar with the matter said. The new proposal, viewed by The Information,... Read more ›
21
Bob Iger’s path to rescuing Disney just ran into a roadblock. Disney’s cable channels, including ESPN, went dark on Thursday on the No. 2 cable operator, Charter Communications, amid a fight about how much Charter should pay to carry the channels. Make no mistake: This is not one of those boring cable TV industry battles that have been going on intermittently for years. This is shaping up to be a... Read more ›
0
Sometimes VCs need a therapy session. Reporters and editors, too. And so, with this week’s episode, you get a little bit of both—and some news nuggets on what I learned about China and AI on my quick trip to Beijing and Shanghai this week. Hope you enjoy and have a great Labor Day weekend! Spotify Apple YouTube Read more ›
0
Early one Saturday morning in August, a dozen men—a mix of startup founders, software engineers, designers and one professional Dungeons & Dragons dungeon master—gathered inside a small San Francisco condo to get their blood drawn. Testosterone levels had been in steep decline globally, the men had learned, and they wanted to find out if they were part of the “low T” epidemic. “My pitch is to help you guys go... Read more ›
38
As companies have shifted more of their computing tasks to cloud providers, their payments to Amazon Web Services, Microsoft, Google and others have become a significant cost of doing business. New updates to The Information’s Cloud Database reveal how those payments rise and fall with those companies’ financial results.Take Robinhood, for example. Cloud expenses at the online stock and cryptocurrency trading company fell 36% to $67 million in the first... Read more ›
0
After a flood of earnings today, from the likes of MongoDB, Broadcom and Nutanix, we’re pretty much done with tech’s latest quarterly earnings season. (Next earnings season is only six weeks away—whoopee!) As we look back at what we learned, here’s something that’s worth thinking about: Price increases for enterprise software firms are likely to underwrite revenue growth in the next year or so. Various companies in the sector have... Read more ›
14
CoreWeave, a fast-growing cloud computing startup that rents specialized servers for developing artificial intelligence, has hired Morgan Stanley to sell employee stock to investors at a valuation of at least $6 billion, three times higher than its valuation in an equity financing in May, according to someone with direct knowledge. The deal involves selling about $500 million worth of existing common shares, which would represent about 8% or CoreWeave’s stock,... Read more ›
24
More creators are joining forces to promote their work. The latest example: Bryan Reisberg and Cliff Brush, the owners of two social-media famous dogs, are collaborating on a deal to develop and promote a super-sized dog backpack. Reisberg two years ago launched Little Chonk, a line of dog backpacks, after he couldn’t find a suitable carrier for his dog Maxine, a corgi with 1 million Instagram followers under the handle... Read more ›
84
Shopify is making peace with the threat posed by TikTok Shop. This week, the Canadian e-commerce software firm quietly began rolling out a way for merchants using its software to integrate more closely with TikTok’s small but growing online shopping service, according to a person familiar with the matter. The arrangement is a concession of sorts from Shopify, which sells software and services to more than 2 million online sellers... Read more ›
40
Venture capitalists need to show their limited partners they can make money off their past investments if they have any hope of raising another fund in the future. That’s what’s driving a number of attempted startup stake sales this summer. In two of the latest instances, Tiger Global Management and Chamath Palihapitiya’s Social Capital are trying to sell positions in their venture portfolios, as The Information reported. In some cases,... Read more ›
9
Over the past five years, Morgan Stanley CEO James Gorman spent $14 billion buying the pieces of what is now the world’s second-biggest provider of corporate stock plans. It was a bold bet to get an inside track to people sitting on valuable company equity who one day will be rich. The business now oversees plans with 12 million individual participants at 2,100 public companies and 1,000 private companies, bank... Read more ›
18
In a year that’s seen one out of every four dollars of venture funding go to an artificial intelligence startup, a historically un-sexy breed of investor has dominated the field: corporations.And not just the tech behemoths. It’s no secret that Microsoft, Google, Nvidia and Oracle have collectively invested billions of dollars into AI startups that turn around and spend the capital on the investors’ cloud services or chips. But it... Read more ›
0
In the hours after JPMorgan Chase bought troubled First Republic Bank for $10.6 billion in a government fire sale, its consumer banking chiefs Marianne Lake and Jennifer Piepszak—both potential successors to CEO Jamie Dimon—flew to California. What they found when they arrived the morning of May 1 was startling: The business JPMorgan bought was hamstrung by a tangle of old tech systems that held together a patchwork of hundreds of... Read more ›
0
When considering an electric vehicle, a motorist will typically focus on its looks, how fast it accelerates and how far the vehicle will go on a charge. What the motorist will almost certainly not contemplate: the average of 58 days they will have to wait for repairs should they wreck that brand-spanking-new car, and the average $6,587 it will cost to fix it, according to auto insurance processing company CCC... Read more ›
0
It was a relaxed Marc Benioff who addressed Wall Street analysts on Wednesday afternoon, after Salesforce reported its July-quarter earnings. Not only did he tease a couple of his top executives on the call, but he waxed lyrical about his experience using Google’s Bard chatbot and talked up the potential of AI startups to revive San Francisco’s downtown. And of course, there was the usual Benioff serving of superlatives about... Read more ›
0
It looks like efforts to ensure young influencers get a share of earnings from their social media work could become more widespread. Earlier this month, the Illinois state legislature passed an amendment to a state law that mandates guardians of children under 16 who appear in monetized social media posts must set aside portions of the child’s total earnings in a trust. It’s the first U.S. state law that mandates... Read more ›
2
AI21 Labs, an Israel-based rival to OpenAI, has neared a new round of funding that would value the six-year-old startup at around $1.2 billion, according to two people familiar with the matter. It’s the latest sign of investor appetite for firms developing conversational artificial intelligence as the technology becomes a material business for OpenAI. Two of the startup’s existing investors, Walden Catalyst and Israeli firm Pitango, have been in talks... Read more ›
105
Valor Equity Partners made a name for itself thanks to early bets on Elon Musk companies such as Tesla, and its repeat investments in Musk’s Space Exploration Technologies have paid off handsomely. Yet despite the Musk glow, Valor’s recent and biggest funds are only performing slightly better than those of its venture capital peers, according to internal data reviewed by The Information. Valor’s most recent two funds, launched in 2017... Read more ›
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02.04.2026 03:35
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