Near the corner of Sixth and Market streets in downtown San Francisco, Frontier Tower has become a 15-story haven for the wildest and weirdest thinkers in technology. Floor 11 is full of longevity and health tech enthusiasts. The crypto folks are a floor above, with a lounge full of expensive furniture. AI is on floor 9. And the big event there this weekend is down on floor 8, where a... Read more ›
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Amazon has had early talks with Disney about working on the streaming version of ESPN it is developing, said people familiar with the matter. The tech giant could offer the service through one of its streaming offerings, helping to expand its distribution, while possibly also taking a minority stake in ESPN. Such an arrangement could shore up ESPN’s status as the biggest force in sports media, even as declining TV... Read more ›
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The Hollywood strike has highlighted the lack of a similar labor movement within the creator economy, but new efforts to change that are emerging. The latest: the Creators Guild of America, a new group that aims to protect the rights and promote the interests of digital creators, launches Thursday. The nonprofit advocacy organization backed by creators such as YouTuber Justine Ezarik (iJustine) plans to provide its members with benefits such... Read more ›
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The U.S. Securities and Exchange Commission approved new rules for private funds Wednesday meant to give limited partners—the individuals and institutions that invest in these funds—more transparency. The ramifications for the much larger private equity industry have drawn most of the attention, but venture capital funds will also need to bend to the new rules. VC firms will have to provide their LPs quarterly financial statements, which remarkably isn’t standard... Read more ›
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Ticket-reselling company StubHub has hired a new finance chief to try to take it public next year, following the departure of its previous CFO in 2022, according to people familiar with the matter. StubHub’s new CFO is Connie James, the people said. She stepped down last month from the same post at Light & Wonder, a publicly traded company that sells slot machines to casinos. StubHub is one of many... Read more ›
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Convoy, a digital trucking marketplace that counts Jeff Bezos and Bill Gates as angel investors and Fidelity and T. Rowe Price as later-stage backers, is weighing strategic options that could include a sale of the company, according to people familiar with the matter. The company, which competes with Uber Freight, hired an investment bank within the past few months to explore options that could also include a merger or a... Read more ›
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Apple in June revealed its Vision Pro mixed-reality headset, which it hopes will change how humans engage with technology as much as—or perhaps more than—the iPhone and mobile computing did. Developers building for this new platform don’t think of themselves as just creating applications, but new digital worlds that users will inhabit. But the Vision Pro is arriving in a very different physical world, marked by an increasingly tense intersection... Read more ›
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Nvidia stock is trading up Thursday morning, as investors applaud Wednesday evening’s blowout quarterly earnings report. Of course, that quarter is history now: what’s more important is what comes next. On that subject, CEO Jensen Huang was less than illuminating on Wednesday’s call. Nevertheless, we learned a lot from listening to comments from Huang and Chief Financial Officer Colette Kress. Here’s our takeaways, from Anissa and me:Supply bottlenecks. Huang and... Read more ›
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Nvidia dominates the market for graphics processing units used to train artificial intelligence models, although rivals like AMD and Intel are trying to catch up. Now some scrappy startups are entering the fray with alternative designs for AI chips they claim work better and more efficiently than Nvidia’s GPUs. Other startups are targeting Nvidia’s app-writing software, which keeps companies using its chips. Young companies such as d-Matrix and Rain Neuromorphics... Read more ›
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Gotion's facility in Fremont, Calif. Photo: Courtesy GotionFor the first time, Chinese battery manufacturer Gotion has said it expects lithium-ion batteries it plans to make in the U.S. to qualify for millions of dollars in U.S. tax credits under the Inflation Reduction Act, a law designed to create a U.S.-led battery supply chain. Read more ›
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Rivos, a server chip developer that Apple sued for alleged trade secret theft, has since struggled to raise funds from investors and recruit employees, its co-founders have told some staff. Apple sued the startup last year after it hired numerous employees from Apple’s chip design unit. Rivos last week laid off nearly two dozen employees, 6% of staff, and its leaders made comments to remaining staff implying it had limited... Read more ›
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Nvidia CEO Jensen Huang should be taking notes about his daily life. This is sure to be a year he’ll want to remember in detail. Nvidia’s dominance of chips that are vital for generative AI is translating into growth that is extraordinary for a 30-year-old company. Not only did it report better-than-projected second-quarter revenue growth of 101% on Wednesday, Nvidia projected third-quarter revenue that would be up 170% on a... Read more ›
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This morning, my colleague Jing and I published reporting on how far TikTok is willing to go to make shopping a big business on the app. Leaders are aiming for TikTok Shop, its name for its fledging shopping service, to generate about $200 billion in annual customer orders in the U.S. by 2028—or roughly what TikTok’s Chinese sister app Douyin generated last year. To do that, it’s spending a ton... Read more ›
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Space Exploration Technologies, Elon Musk’s rocket company, is working with Cloudflare to boost the performance of SpaceX’s satellite internet service Starlink, according to a person with direct knowledge of the project. The two companies are working on a way to increase Starlink’s terrestrial network of mini data centers around the globe—known as points of presence. That, in turn, could help it deliver faster network speeds to its customers, the person... Read more ›
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The past week has been filled with NFT drama, with OpenSea changing its policy for collecting royalty fees and drawing the ire of investors and NFT creators alike. But first, let’s take a look at the latest in a string of NFT startups that are calling it quits. Recur, a startup that helps other businesses create and manage NFT collections, said on Friday that it’s shutting down on November 16.... Read more ›
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Chip designer Arm filed its prospectus for an initial public offering Monday and readers of The Information expect more IPOs to follow soon. More than 40% of respondents to our latest reader survey expect the pace of IPOs to accelerate later this year. Nearly 60% of the respondents expect IPOs to pick up by the first half of next year. Readers are also more optimistic about tech than at any... Read more ›
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A smattering of artificial intelligence apps have emerged recently to help consumers organize their lives. Some, like Rewind, help people keep track of all their digital activity so they can always remember what happened in the past. Others, such as HyperWrite, aid users with tedious web tasks like booking restaurant reservations or flights.The latest entrant is Crate, which launched today, and can best be described as an AI-fueled version of... Read more ›
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The cost of TikTok’s online shopping expansion in the U.S. is beginning to add up. TikTok Shop, the app’s nascent shopping service, is expected to lose more than $500 million in the U.S. this year, according to a person with direct knowledge of the matter. The loss reflects TikTok’s heavy investment in hiring, building a delivery network and subsidizing merchants that offer double-digit–percentage discounts and free shipping. Read more ›
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There’s a tendency in reporting—and in life—to assume that the status quo will remain the status quo. But if there’s one thing I’ve learned as a tech reporter—one who was covering BlackBerry when the iPhone came out—it’s that the world and business are in constant flux. What’s dominant today won’t be forever. And even the tech behemoths that have tremendous staying power will need to evolve or die. I’ve been... Read more ›
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Meta Platforms’ launch of a web version of Threads could help boost adoption after usage has plunged. But it still has some major features missing. Here’s a look at what it could roll out next, especially if it wants to compete with what made Twitter, now called X, a success: • Direct messages: DMs are a core way that creators interact with fans. Currently, sharing a Thread privately is quite... Read more ›
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Salesforce is leading a financing round in Hugging Face, one of the most highly valued startups helping businesses use artificial intelligence, at a valuation north of $4 billion, according to two people with knowledge of the situation. The roughly $200 million funding round more than doubles the share price and private valuation of the New York–based company, one of these people said. Salesforce is paying a high price for a... Read more ›
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09.04.2026 23:42
Last update: 23:35 EDT.
News rating updated: 06:31.
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