Welcome, Weekenders! In this newsletter:âą The Big Read: Meet the father of Claude Codeâą Artificial Intelligence: The hijinks around tokenmaxxing ⹠Plus, Recommendationsâour weekly pop culture picks: âWho Blew Up the Georgia Guidestones?â âThose Who Are About to Dieâ and âIt Was Just an AccidentâOver a good many years, âSilicon Valley,â the HBO show, accomplished a very rare feat: It got the elite of Silicon Valley, the place, to laugh... Read more âș
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Welcome back!Every time The Information publishes another great org chart, I scan the names listed in the C-suite and see what trends pop out at me. And lately thereâs one thatâs pretty clear: There are a relatively large number of female general counsels and chief legal officers in the world of tech. I counted 10 females and 22 males among those in our current org chart stable. In tech, women... Read more âș
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The slowdown in enterprise software spending is forcing some software firms to go to extraordinary lengths to win business. Palo Alto Networks, for instance, is giving away cloud security serviceâliterally. The company, which is the biggest stand-alone security software firm measured by market capitalization, is offering its cloud security software for free for up to two years to customers who ditch a competing service to sign up with it, according... Read more âș
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Andy Jassy needs a raise. Amazon's annual disclosure of its top executives' compensation, released today, portrays a CEO who is woefully underpaid given the immensity of the job he has. The company's stock-heavy executive compensation packages are laudable in how they align the interests of executives and shareholders. But shareholders also need top executives to stick around. And seriously, Jassy has good reason to be hunting for a better-paying job.In... Read more âș
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Our latest update to the Creator Economy Database shows signs of life in the industry despite doom-and-gloom fundraising totals. We tallied 15 U.S.-based creator startups that raised money in the first quarter of this year, all of which were early-stage funding rounds. We also added more than two dozen startups as well as tracked the closure or sale of three others. Hereâs more of what happened:âą Startups that provide services... Read more âș
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Two Twitter alternatives, two Web3-based startups and a social music platform for communal DJing: These are some of the 15 creator startups that bucked a severe downturn in funding to raise money in the first quarter, according to The Informationâs newly updated Creator Economy Database. The database now tracks more than 350 private companies both in the U.S. and overseas in the sector, offering everything from software that hosts virtual-shopping... Read more âș
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Tech firms may be known for their big personalities and frequent turnover. But thatâs not DoorDash. The restaurant-meal delivery serviceâs CEO and co-founder, Tony Xu, keeps a low profile and his management team has been remarkably stable. Seven of his nine direct reports have been with him for an average tenure of five years, half as long as DoorDash has existed. So far, the stability has paid off:Â the company... Read more âș
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We probably all know by now that artificial intelligence, particularly generative AI, is venture capitalâs current obsession. Whatâs interesting, though, is that firms like Spark Capital and Greylock Partners, respectable outfits but generally not considered in the same league as Sequoia Capital or Benchmark, have led the industryâs latest push into the sector. Successful bets could propel them to VCâs upper echelons. Not that Sequoia has been absent from the... Read more âș
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Last month, the U.S. gave TikTok a choiceâeither its owner, Chinese artificial intelligence company ByteDance, has to sell it, or it will face a federal ban. As we wait to see how ByteDance responds, more than 25 U.S. states have gone ahead and banned the app from state employeesâ devices. And in the event that ByteDance wonât sell, Congress is currently workshopping a legislative fix. That is no simple propositionâthere... Read more âș
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To gain an edge in the suddenly hot artificial intelligence category, one venture firm is hiring from the startupâOpenAIâthat set off the generative AI craze in the first place. Spark Capital has hired Fraser Kelton, the former head of product at OpenAI, as a venture partner, Kelton and Nabeel Hyatt, a Spark general partner, told The Information. Kelton, who started last week after leaving OpenAI in January, will lead investments... Read more âș
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Lithium prices are down almost 70% since a peak in November, depressing shares of a number of mining companies, but many analysts and industry veterans say a shortfall of the metal will soon drive a new surge in prices. The Biden administration on Wednesday announced a plan to significantly accelerate the creation of a U.S. electric vehicle industry. But where lithium prices go from hereâand whether there is enough of... Read more âș
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Better late than never. That could be the motto of Warner Bros. Discovery, which today put on a glitzy presentation to promote its overhauled streaming service, to be renamed Max (dropping HBO from the name) on May 23. The new service, combining shows from the companyâs Discovery portfolio of reality shows with HBO Maxâs lineup, is a worthy competitor to Netflix. Itâs even got similar price points, Netflix-like program recommendations... Read more âș
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When I got verified on Instagram in October 2020, my friends were very impressed. It felt like a big flex. The coveted symbol gave my account an aura of importance. But the significance of that checkmark has been going through a major upheaval across social media. The genesis of the shift, of course, comes from Elon Muskâs acquisition of Twitter last fall. Soon after, he decided he would begin charging... Read more âș
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Weâre excited to see everyone on April 20th at The Information's Creator Economy Summit. Our masterclass breakout sessions are an important part of the Summit. At this yearâs event, weâll have two sets of 45-minute breakout sessions. Hereâs a preview of this yearâs topics. Gen Z and the Creator Economy (1:30 p.m. PT) Gen Z is quickly becoming a key piece of the consumer puzzle, as it matures and its... Read more âș
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In a recent panel hosted by The Information in partnership with Comcast NBCUniversal LIFT Labs, several experts took a look at where artificial intelligence is now and where itâs going. Amir Efrati, executive editor at the Information, acted as moderator. The panelists included AI experts from the worlds of customer support, technology, entertainment and investing: â Isaiah Jenkins is senior manager of startup programming and employee engagement for Comcast NBCUniversal... Read more âș
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Itâs not just in your headâour deals section has been thinner as of late, and recent data on venture funding for crypto startups show why.Crypto and blockchain startups raised just $900 million in the first quarter, according to PitchBook data on announced deals, down 87% from the same period in 2022 and the smallest haul since the fourth quarter of 2020, when crypto fundraising came in at $800 million. The... Read more âș
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Last year, Google cut the number of employee performance reviews it conducts annually from two to one, responding to complaints that twice-a-year reviews consumed too much time. In the new system, managers were asked to talk more casuallyâbut more frequently, once a quarterâwith their subordinates about their performance. And Google wanted managers to record the results of the conversations. But the new system hasnât worked as intended, according to one... Read more âș
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Competition between the two of the biggest cybersecurity firms selling software monitoring employee access to cloud applications and data is set to intensify after influential market research firm Gartner cut its ranking on the market leader, Zscaler. In a regular update about the best positioned firms, Gartner ranked privately held Netskope ahead of its publicly held rival Zscaler, a 16-year old firm which has maintained 50%-plus annual revenue growth over... Read more âș
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Tech startups and investors have had a tumultuous few months. There was the crypto meltdown, the collapse of Silicon Valley Bank and, before that, the overall economic fallout from the weak economy and hammering of tech stocks. And as the dust has settled, thereâs a new vibe in the air: concernâeven a little desperation. Read more âș
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When thousands of people gathered at Los Angelesâ historic Greek Theatre in early February to pay tribute to P-22, a mountain lion who became something of a viral hit as he roamed the Hollywood Hills neighborhood, the house music star Diplo delivered a eulogy to the crowd. He credits OpenAIâs ChatGPT for helping him write a remembrance tinged with some humor for the only-in-L.A. event.âA guy came up to me... Read more âș
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Venture-backed Cross River Bank, a key partner to companies including Affirm and Coinbase, rode the coattails of the crypto and fintech boomâas well as a pandemic-era government business lending program. Now, as both sectors struggle with the impact of rising interest rates, some are losing faith in Cross Riverâs potential. Mutual fund giant T. Rowe Price, which invested in Cross River when it raised money at a $3 billion valuation... Read more âș
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13.04.2026 06:29
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