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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Social audio’s heyday has definitively come and gone. After Clubhouse became an overnight sensation, other tech companies were quick to launch their own products that invited people to chat in live virtual rooms. But as the chart above shows, some such as Reddit and Spotify have recently shut down their Clubhouse rivals. And even Clubhouse, which says it still has “millions” of users, says it is evolving its product after... Read more ›
0
Google’s once-a-year product showcase on Wednesday confirmed what employees and rivals have been saying for months: the company is playing catch-up to rivals in conversational artificial intelligence and other fronts. During its annual event for software developers, the company announced new AI features for web search, Docs and Bard—its answer to OpenAI’s ChatGPT chatbot—but none of them seemed more advanced than what rivals have already launched. Still, Google’s preview of... Read more ›
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Over the past few months, crypto fans have been fixated on a pair of new tools that allow them to trade NFTs and create new tokens using bitcoin’s underlying blockchain network. That has sparked a surge in trading of Bitcoin-based digital artwork collections including BTC DeGods, Bitcoin Wizards, Bitcoin Punks and Bitcoin Pizzas. There’s more. Memecoins, or cryptocurrencies created as a joke and with no underlying function, have also spiked.... Read more ›
20
For Tesla employees, the sight of Tom Zhu’s face early this year around the electric car maker’s factory in Austin, Texas, was a relief. For months, the absence of key Tesla executives in Austin had paralyzed the multimillion-dollar purchasing decisions required to build out the assembly line for its newest vehicle, a futuristic stainless-steel hulk called the Cybertruck. The company’s CEO, Elon Musk, had been preoccupied with Twitter since October,... Read more ›
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In February, Microsoft’s Bing search engine launched a chatbot that gives humanlike answers to questions, a feature CEO Satya Nadella said would energize Bing and pressure web-search leader Google. But Bing has barely eked out any gains against Google in the past few months, new data show. That reality may leave Bing with only one option to try to move the needle in search: Win deals to replace Google as... Read more ›
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Before we get to today’s column, I must point you all to the news that ousted Fox host Tucker Carlson is planning to launch a show on Twitter—if he can first win a legal battle with Fox. You can read that great scoop here. The news reminds me of a column I wrote when Musk bought Twitter. I said he was doing it to become Rupert Murdoch. As an aside,... Read more ›
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Oracle and Microsoft recently discussed an unusual agreement to rent servers from each other if either company runs out of computing power for cloud customers that use large-scale artificial intelligence, according to a person with direct knowledge of the negotiations. A deal would help the two rival cloud providers meet surging demand for servers that can run AI software, which has caused a shortage. The proposed server-sharing deal talks have... Read more ›
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Creator economy workers are making another attempt at organizing, as the story I published earlier today details. The effort, dubbed Creator Project 1.0, is in the early stages, but aims to advocate for the rights, welfare and creative freedom of creators, according to organizing documents viewed by The Information. That got me thinking about whether creators would see more success than gig workers, who have attempted to use their growing... Read more ›
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There’s a new financial power segment in town: content creators. But creators have a unique profile that’s currently underserved and distinct from those of other small businesses. Creators span all ages, are global by default, and need to be paid faster to create content at a viral speed—all of which opens up new opportunities for banks and fintech solutions. Jessica Lessin, founder and CEO of The Information, explored this during... Read more ›
0
The tensions surrounding TikTok in the U.S. have been building for years, but lately they have reached a boiling point. More than half of all states have either partially or fully banned TikTok on government devices. The Biden administration gave the platform an ultimatum, demanding that ByteDance, the app’s Chinese owners, spin off their share of the business or else face a total U.S. ban. In late March, members of... Read more ›
0
Morgan Stanley’s decision to cut roughly 5% of its staff, or 3,000 people, has drawn headlines as a sign of how banks are responding to the near-dead initial public offering and deal markets. But the cuts at Morgan Stanley, as at other banks, will only make a small dent in workforces that expanded sharply in the pandemic era. Between the end of 2019 and the end of December 2022, Morgan... Read more ›
5
In 2020, Amazon went on a blitz offering up the grab-and-go cashierless technology behind its Amazon Go convenience stores to large retailers around the world. That included offering up the Just Walk Out technology to Woolworths, the largest retailer by revenue in Australia, according to a person with knowledge of the talks. And executives at department store chain Kohl’s weighed the pros and cons of installing Just Walk Out, a... Read more ›
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Creator economy workers are taking a fresh stab at labor organizing. A group of digital influencers and professionals who work with them has started an effort to push tech companies to increase creators’ compensation and take action on other issues, including unexplained removals of creators’ accounts from apps, according to documents reviewed by The Information and people involved with the effort. Ezra Cooperstein, a president at Night—the talent management company... Read more ›
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The old-fashioned TV business is slowly but surely sliding into the ocean. Yes, folks, while we’ve been obsessing about the money TV companies are losing on streaming, the older businesses have been falling apart. Rates of cord cutting from cable and satellite worsened in the first quarter. Today’s report from Dish Network, a satellite TV operator, showed that it had more TV subscriber defections in the period than in any... Read more ›
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Ramit Sethi started a website called “I Will Teach You To Be Rich” from his dorm room at Stanford University in 2004 to help teach his college friends about money. Now 40, he has a best-selling book of the same name, a podcast, 500,000 Instagram followers, and most recently, a new show on Netflix, which began streaming last month. In the lead-up to the premiere, he launched a newsletter sharing... Read more ›
0
The elder members of Gen Z are now 26 years old. That means they have considerable purchasing power—and they turn to their fellow Gen Z creators for product recommendations. How can brands tap into that power and meaningfully connect with young creators and their audiences? Annie Goldsmith, reporter for the The Information, sat down to discuss the topic with three experts who specialize in working with creators: Jamie Gutfreund, chief... Read more ›
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Amazon, Microsoft and Google are known for their software, but now they are collectively spending billions of dollars to develop and produce microchips to power servers and artificial intelligence. As the companies’ AI and cloud rivalries grow, the chip projects are becoming a critical part of their strategy to reduce costs and win over business customers. The above chart, based on The Information’s reporting and public sources, shows eight server... Read more ›
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Since the collapse of Silicon Valley Bank, Rocky Gor, the founder and CEO of Los Angeles–based loan marketplace Capx, has been approached by a handful of small venture capital firms with a problem: No one will lend to them. In the past, these VC firms relied on a specialized credit line offered by SVB and a handful of other banks, including First Republic Bank, that plugged the gap between when... Read more ›
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In the 1980s and 1990s, Silicon Valley revolved around semiconductors, and T.J. Rodgers stood out. The company he founded, Cypress Semiconductor, was relatively small, but a 1991 BusinessWeek cover story showcased him as “The Bad Boy of Silicon Valley,” and The New York Times declared him “Silicon Valley’s most flamboyant cowboy capitalist.” This fireplug of a man attracted outsize attention in part from his readiness to express outrageous opinions and... Read more ›
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Until late last year, Bank of America branch staffers would learn how to handle a potential stick-up through guidebooks and online videos. Today, tellers are immersed in a 3D virtual reality environment, in which a gunman aims a weapon at them or furtively hands them a threatening note demanding money. The bank measures tellers’ reactions and the time it takes them to respond to a robber’s threat. With those analytics... Read more ›
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10.04.2026 23:29
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