Flavrs, a three-year-old creator-focused cooking app, is taking an unusual approach to attracting creators: It’s promising to give online food influencers a small stake in the startup if they post short-form videos on the app. Creators approved for what Flavrs is calling a creator equity fund will receive shares that vest over time. In exchange, Flavrs asks them to spend “5% to 10% of their time and energy” making and... Read more ›
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Sequoia Capital’s decision this week to split off its China operations showed the impact of growing tensions between Washington and Beijing. But the political conflict has sparked a bigger and more important change: Suddenly, American capital has stopped flowing to Chinese venture capital and private equity funds en masse. The University of Chicago, the Robert Wood Johnson Foundation and other major U.S. endowments and foundations have recently indicated to Chinese... Read more ›
8
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the Francisco Partners acquisition closed last month,... Read more ›
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Hi, welcome to your Weekend.Jon, our intrepid Weekender in Chief, is out. I’m happily subbing for him. Indeed, I feel particularly energized this week after spotting something I haven’t seen in what feels like for-ev-er: an actually audacious piece of technology—that might never take off. I’m talking, of course, about Apple’s newly debuted $3,499 VR-AR headset, the Vision Pro. Candidly, its launch marks the first time I’ve seriously wondered whether... Read more ›
0
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access to Cohere’s LLMs, similar to the way thousands... Read more ›
6
Andreessen Horowitz has combined its finance and consumer investment teams into one, merging what were two of the hottest pandemic-era investment categories that have since cooled. The investment firm’s leaders have encouraged the combined team, led by general partner Alex Rampell, to pursue artificial intelligence deals, two people briefed on the change said. The shakeup is an example of how Andreessen Horowitz, one of the world’s highest profile startup backers,... Read more ›
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Parts of the federal government are pulling back from advertising on TikTok, according to an advertising executive who works with government agencies, as the U.S. government restricts federal employees’ and contractors’ use of the app, a unit of China’s ByteDance. Last week, NASA, the Department of Defense and the General Services Administration issued an interim rule prohibiting contracts that would require using TikTok, including “where social media advertising services might... Read more ›
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On a warm night last month, pop singer Mike Posner was working to whip up a crowd gathered in front of the Great Pyramids. “Is anybody out there aliiive?” he yelled from a stage. The 200-person group let out an affirmative whoop. Posner, clad completely in white from headscarf down, launched into a rendition of his pop-chart hit “Cooler Than Me.” It was just part of a lively desert evening... Read more ›
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Delian Asparouhov, newly minted Founders Fund partner and co-founder of Varda Space Industries, is obsessed with speed. As a hobby, he’s getting his pilot’s license, hoping to eventually fly a fighter jet. On the ground, he prefers to listen to audiobooks at triple the normal tempo. And when he started Varda in late 2020, he set a moonshot goal: Launch one of its meter-wide pharmaceutical factories into space within two... Read more ›
0
Welcome back!This week, we added seven companies to The Information’s Generative AI Database, which now includes 46 companies building generative artificial intelligence technology or services. Six of the new entrants develop their own AI models, which ingest large amounts of data to learn patterns, even though building and training these models can be expensive and require a lot of computing power.In all, 25 companies in the database develop their own... Read more ›
0
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the acquisition, WePay employees experienced botched systems integration and bureaucratic... Read more ›
2
For proponents of a return to working in the office, it’s two steps forward and one step back. The haze of Canadian smoke that hung over New York City and other parts of the East Coast this week gave people a reason to stay inside. Some schools shuttered their doors. People on the streets have been wearing masks. Yes, it has felt a bit like 2020. But no one should... Read more ›
3
Well, that was fast! Twitch on Wednesday walked back its new branded content guidelines that restricted how streamers on the livestreaming platform are allowed to display paid promotion.The new rules, released just one day earlier, would have prevented or limited popular ad formats that streamers embed in their livestreams, including video, display and audio ads, with the exception of display ads that take up less than 3% of the screen.... Read more ›
0
Will the startup Stability AI be the first spectacular flameout of the new AI boom? That’s what I was asking myself as I read Forbes’ investigation into the three-year-old generative AI company, which raised $100 million at a valuation that last fall reached $1 billion. Without going into exhaustive detail, the article alleged the startup’s founder and CEO, Emad Mostaque, made misleading statements about his own background and the company’s... Read more ›
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Will the startup Stability AI be the first spectacular flameout of the new AI boom? That’s what I was asking myself as I read Forbes’ investigation into the three-year-old generative AI company, which raised $100 million at a valuation that last fall reached $1 billion. Without going into exhaustive detail, the article alleged the startup’s founder and CEO, Emad Mostaque, made misleading statements about his own background and the company’s... Read more ›
0
In recent weeks, open-source software funded by the United Arab Emirates burst on the artificial intelligence scene as one of the most promising challengers to proprietary large-language models developed by OpenAI and Google. The value of the UAE-backed software, known as Falcon, became clear when one of the key researchers behind it was hired by prominent AI startup Hugging Face, according to the researcher’s Twitter profile. Hugging Face, which operates... Read more ›
6
Seat belts protect children in cars. Safety standards protect children from faulty or dangerous toys. All these are the result of regulatory mandates. And yet for far too long, social media companies have been allowed to develop addictive design features such as endless scroll, autoplay and push alerts that keep kids and teens hooked on their products. The longer vulnerable kids and teens are online, the more likely they are... Read more ›
2
Citadel Securities, a prominent high-frequency trading firm, has told startup founders and investors it is looking to license software from artificial intelligence startups working on large-language models or to buy stakes in them, according to two people with knowledge of the conversations. The discussions highlight how interest in the latest wave of AI advances has spread to Wall Street, where firms have long battled to eke out gains by making... Read more ›
0
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both struggling... Read more ›
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Brian Brushwood’s online career illustrates how regularly social apps go up in smoke. The magician, who spent 15 years touring college campuses, started to post video clips of his life on the road online in 2006. He amassed more than one million followers on six-second video app Vine and one million followers on Google+. Then, both shut down. “I am king of the failed platforms,” Brushwood, 48, said in an... Read more ›
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24.06.2026 22:56
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