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29.06.2026 − 05.07.2026
The Information
Abram Brown @ The Information 1 place · 07/04/2026 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Pickleball is the past—the tech elite is obsessed with padel. • Plus, an Americana-themed batch of Recommendations—our weekly pop culture picks: “The Americans,” “East of Eden,” “High Desert Daydream,” “Lonesome Dove,” USA vs. Belgium, and “The Twilight Zone.” The year’s midpoint is an apt moment for some studied reflection, and I’ve been thinking about how much has changed in the last six... Read more ›

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The Information
Aaron Holmes @ The Information · 05/25/2023 09:00 EDT

How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI

Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI. Lee told Nadella Microsoft’s researchers were blown away by the model’s ability to understand conversational language and generate humanlike answers, and they believed it showed... Read more ›

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The Information
Steve LeVine @ The Information · 05/25/2023 07:30 EDT

The Electric: Ford EVs Will Use Iron-Based Batteries, but Not Many and Not for a While

The world’s top-selling electric vehicle makers, Tesla and China’s Byd, have one thing in common—they largely use inexpensive iron-based batteries in their cars. By contrast, legacy Western car manufacturers have stuck almost entirely with more costly nickel-based EV batteries. Volkswagen, Mercedes-Benz and Stellantis have said they will use iron batteries in some of their EVs, but they have declined to say when or how many.Now Ford has offered some specifics:... Read more ›

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The Information
Amir Efrati @ The Information · 05/24/2023 20:31 EDT

Nvidia’s AI Victory Lap

The most important acronym in business right now is AI, but another one—GPU—isn’t far behind. Today’s earnings forecast from chip designer Nvidia, which makes graphics processing units that power ChatGPT and its ilk, shows what surging demand for the data center chip is worth. Nvidia said it expected to generate about $11 billion in revenue in the current fiscal quarter, which ends in July, up 64% from the same period... Read more ›

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The Information
Jon Victor @ The Information · 05/24/2023 18:13 EDT

Shareholder Advisory Firms Call for Alphabet Chair’s Ouster

Two influential shareholder advisory firms have taken an aggressive stance against Alphabet’s board of directors ahead of the company’s June 2 annual meeting, telling clients they should vote in favor of a majority of proposals submitted by shareholders to improve the company’s corporate governance—proposals the board hopes to squash. The advisory firms, Institutional Shareholder Services and Glass Lewis, also called for voting out two directors, including the chair, John Hennessy.... Read more ›

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The Information
Kaya Yurieff @ The Information · 05/24/2023 17:57 EDT

Twitch Weighs Live Shopping and Even a Chatbot for Creators

Given that Amazon owns Twitch, you’d think that the live streaming service would have made commerce a key part of its product. That hasn’t been the case, though it’s tested features like affiliate links and even live shopping games. But Mike Minton, Twitch’s chief monetization officer, said it still has hopes for commerce—and live shopping may be a better fit. “We’re trying to balance and figure out what’s the right... Read more ›

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The Information
Akash Pasricha @ The Information · 05/24/2023 12:00 EDT

The Volatility of Crypto Customer Loyalty

Crypto fans are freaking out! What else is new? Over the past week, the crypto hardware wallet maker Ledger came under fire for a product update that customers worried could jeopardize the safety of their digital assets. That prompted an apology from the company over how the change was communicated. And this is a familiar rhythm for crypto startups, which increasingly are being forced to alter—or at least jump through... Read more ›

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The Information
Kevin McLaughlin @ The Information · 05/24/2023 11:00 EDT

After Years of Resistance, AWS Opens Checkbook for Open-Source Providers

Several years ago, providers of open-source software had a beef with Amazon Web Services. They complained that AWS was selling cloud-based versions of their software, depriving them of hundreds of millions of dollars in annual revenue. The dispute was a public relations nightmare for AWS and risked inviting trouble from competition regulators. So the company found ways to make peace with the open-source providers—short of sharing revenue with them. More... Read more ›

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The Information
Kate Clark @ The Information · 05/24/2023 09:00 EDT

Venture Capitalists Face Pressure to Divest From China

Silicon Valley venture capitalists are coming to terms with a new reality: Their once-prized China investments may be victims of a simmering cold war. As tensions between the U.S. and China have risen, some firms have sought ways to distance themselves from China’s tech scene. NEA, a VC firm whose Chinese investments date back two decades and include TikTok parent ByteDance, hasn’t made a new investment in China since 2021,... Read more ›

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The Information
Jessica E. Lessin @ The Information · 05/23/2023 20:00 EDT

It’s been refreshing to hear BuzzFeed CEO Jonah Peretti declare that the era of media riding social media is over. But it’s depressing to hear his views on what’s next.Today, BuzzFeed announced a chatbot that helps people find recipes and said it hopes to charge subscription fees for similar services in the future. It’s part of the company’s pivot to focus more on revenue and profits and build a direct... Read more ›

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The Information
Isabelle Sarraf @ The Information · 05/23/2023 17:58 EDT

The Exclusive College Club Training Student Influencers

At the University of Southern California, college kids aren’t just making TikTok videos for fun in their dorms: they’re teaching each other how to go viral. Reach, a social media and content creator club that started at USC, has cultivated a community of over 500 college students nationally who want to be influencers, digital marketers or work in social media. Running the show is Dylan Huey, a USC junior studying... Read more ›

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The Information
Rodney Williams @ The Information 3 place · 05/23/2023 12:00 EDT

Black Founders Needed SVB

My first SXSW was 11 years ago. Arriving there in 2012 with just an idea for my first company—a secure communications platform called Lisnr—was scary, to say the least. I wasn’t on any event lists. But more than that, there wasn’t any programming aimed at encouraging Black founders, or even seemingly any desire to do so. I kept attending SXSW over the years as both my company and the offerings... Read more ›

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The Information
Akash Pasricha @ The Information · 05/23/2023 10:47 EDT

Enterprise Software’s Laggards: Firms Growing Slowly And Still Burning Cash

It’s the age-old refrain in American business: You have to spend money to make money. And it’s particularly true of the tech industry, where startups pour millions into untested new businesses and technologies. Investors usually don’t mind companies burning cash as long as they’re growing quickly—but some enterprise software companies aren’t growing fast even after burning money for many years. The Information looked at 90 of the best known publicly... Read more ›

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The Information
Jon Victor @ The Information · 05/23/2023 09:00 EDT

Google and OpenAI’s Next Battleground: Firefox?

The race between Google, OpenAI and Microsoft for chatbot supremacy has only just begun. But the companies may soon compete to put their artificial intelligence–powered chatbots in front of nearly 200 million people who use Mozilla’s Firefox web browser each month. Mozilla plans to prominently feature a chatbot like Google’s Bard or OpenAI’s ChatGPT in Firefox to give users a more conversational web-search experience, Chief Product Officer Steve Teixeira said... Read more ›

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The Information
Martin Peers @ The Information · 05/22/2023 20:00 EDT

Europe’s Meta Ruling Tangles Web

If you’re prone to narcolepsy, don’t try reading the European Data Protection Commission report on Meta Platforms’ data transfers, which led to today’s $1.3 billion fine of the Facebook owner. The report is so dry it makes the Sahara look like a rainforest. That’s a pity because it’s dealing with something of significance to everyone in the world—the free availability of internet services across borders. The European regular is fining... Read more ›

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The Information
Isabelle Sarraf @ The Information 3 place · 05/22/2023 17:09 EDT

Pocket.watch’s Streaming Expansion

Pocket.watch, a TI 50 startup and entertainment company that helps young YouTube stars such as 11-year-old Ryan Kaji develop original shows, games and toys, is bringing its ad-free streaming service to Comcast’s Xfinity X1 and Stream platforms this summer. The move will bring kid creator content to Comcast’s 16 million customers.Ryan and Friends Plus, which costs $3.99 a month, is among the largest subscription-based independent kids and family services, with... Read more ›

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The Information
Anissa Gardizy @ The Information · 05/22/2023 10:30 EDT

TikTok Says U.S. Survival Plan is Going Forward. Its Cloud Provider Isn’t So Sure

TikTok’s leaders have spent much of this year telling Washington insiders the company was moving forward with Project Texas, a plan to run the viral video app in a way that alleviates U.S. government concerns about potential meddling by China. The reality isn’t so simple. Project Texas requires Oracle, the app’s cloud provider, to monitor for malicious activity as well as inspect the app’s prized algorithm, which decides which videos... Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 05/22/2023 09:00 EDT

How Meta’s Acquisition of Giphy Went South

When a U.K. antitrust regulator initially ordered Meta Platforms to sell Giphy 18 months ago, it hoped to ensure that the startup—a library for animated images known as GIFs—would prosper as an independent company. Instead, Giphy’s once-promising business has atrophied under Meta’s ownership, making finding a buyer a tall order. Meta killed Giphy’s nascent ad sales operation immediately after completing the purchase in May 2020. Making matters worse, the U.K.... Read more ›

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The Information
Steve LeVine @ The Information 2 place · 05/22/2023 07:30 EDT

The Electric: Welcome to CATL's World

In April 2022, Chinese battery manufacturer Contemporary Amperex Technology Ltd. announced a blockbuster deal in Indonesia: With local partners, it would spend $6 billion on a complex on North Maluku island that would mine nickel, process it into electrodes and then manufacture electric vehicle batteries. There would even be a factory to recycle defects and production scrap.Though the project's ambitious scale was highly unusual for the nascent EV battery industry,... Read more ›

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The Information
Jon Steinberg @ The Information 2 place · 05/20/2023 09:00 EDT

The Great Pickleball Gold Rush

Hi, welcome to your Weekend.Not everyone can be Josh Harris, the private equity mogul who just dropped $6 billion to purchase the NFL’s Washington Commanders. Most people who want a piece of a pro sports franchise have to start a little lower. Enter pickleball. A sport you probably hadn’t heard of before it became a thing around five years ago is now the premier arena for celebrities and billionaires who... Read more ›

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The Information
Scott Alan Lucas @ The Information 1 place · 05/20/2023 09:00 EDT

While Hollywood Writers Fret About AI, Visual Effects Workers Welcome It

Is there anybody here who is afraid of AI taking their job?” Visual effects veteran James Blevins, whose credits include “The Mandalorian,” “Icarus,” “Air Force One” and “Space Jam,” was speaking last Wednesday to a crowd of several hundred people at the Hollywood offices of FYI, the productivity platform for creatives founded by Black Eyed Peas frontman will.i.am. Only one person—a reporter on assignment for a news organization (me)—raised his... Read more ›

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