A truism in the media sector is that economic uncertainty leads marketers to reduce ad spending. And right now, President Donald Trump’s on-again, off-again tariffs on imports from Canada, Mexico and other countries are beginning to make marketers question how much they actually want to spend on advertising in the coming months.In the past week, four senior ad buyers have told me clients have begun talking with them about the... Read more ›
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Blake Chandlee, who oversees advertising sales and marketing at TikTok, is leaving the company, according to a person familiar with his plans. The former Meta executive has been TikTok’s president of global business solutions since 2019. In a memo to staff, Chandlee said he would remain in an ... Read more ›
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The Information is pleased to announce the addition of two new reporters to The Information’s newsroom—and the extended fellowship of a third reporter who is already here. Aaron Tilley is returning to The Information as a reporter after more than five years at The Wall Street Journal to cover Apple at one of the most fascinating junctures in the company’s history. Aaron is a familiar (and much-respected) face to many... Read more ›
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Roi Tiger, the co-founder of the Onavo mobile analytics startup bought by Facebook, is working on a new cybersecurity startup and has already raised money from top investors. The Israel-based company, whose name and product couldn’t be learned, has already raised a seed round from Index Ventures ... Read more ›
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Is Wall Street ready to work with artificial intelligence? Two of OpenAI’s biggest investors think so.Thrive Capital is set to lead at least a $40 million financing into Rogo AI, an artificial intelligence startup selling AI software for investment bankers and Wall Street analysts and investors, at a valuation of up to $350 million, according to a person with direct knowledge. Existing Rogo investor Khosla Ventures, which like Thrive is... Read more ›
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Genetic testing firm 23andMe filed for bankruptcy late Sunday, the company said, the culmination of years of financial pressure on the company. The filing is designed to “facilitate a sale process to maximize the value of the business,” the company said. The company CEO, Anne Wojcicki, a ... Read more ›
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Dating apps are looking for love. Consumers, and investors, are looking elsewhere. Bumble, Tinder, Hinge and the like were once part of the popular crowd. That’s been changing for a while now. Any lingering affection that investors had for them was wiped out last month when weak earnings, poor outlooks and declining users sent stocks tumbling. Read more ›
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OpenAI has told some employees the company may cut the price of ChatGPT’s premium subscription in India to as low as several dollars a month, 75% to 85% less than the $20 per month it charges customers in the rest of the world. This price is high relative to the country’s median monthly salary. ... Read more ›
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Apple is experimenting with adding cameras and some AI features to the Apple Watch, a signal the company is accelerating its efforts to stay competitive in the shift toward artificial intelligence. The cameras would allow the watch to see the world around it and deliver information about the ... Read more ›
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OpenAI executives in recent months have spoken multiple times with their counterparts at Reliance Industries, which owns the world’s largest oil refinery, India’s top wireless carrier and numerous retailers, about a potential product and sales partnership, according to two people who spoke to executives at both companies. OpenAI wants Reliance businesses, such as wireless carrier Jio, to distribute or sell its artificial intelligence, which could include ChatGPT, these people said.... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside the Deel-Rippling spy drama• The Arena: Exclusive new database! Meet all the techies who own sports teams• The Top 5: The people who help Silicon Valley hone its taste in art • Politics and Policy: Why Section 230 may finally get changed • Biotech: The woolly mammoth gets ready for its close-up• Plus, our Recommendations: The emperor richer than Bezos; Robert... Read more ›
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A while back, Thomas Tull, billionaire Hollywood mogul turned venture capitalist, invited a group of friends to a rodeo in Dallas. One of those people was Ben Lamm, co-founder of Colossal Biosciences, a Texas-based startup backed by Tull that hopes to resurrect the woolly mammoth. Another was Mike Dougherty, a director who has made several movies with Tull, including one of the latest Godzilla pictures and the cult-favorite anthology tale... Read more ›
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Well-chosen art is the ultimate flex. The right Twombly or Basquiat on a wall telegraphs more than just taste: It implies access, wealth and an understanding of very expensive assets and how they appreciate over time. In other words, it’s exactly the type of thing to hang in a bedroom or the front hall of an Atherton manse. But should you go Twombly—or Basquiat? Decisions, decisions. And when it comes... Read more ›
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For the second Friday in a row, a long-anticipated IPO candidate made it official. Last week it was Klarna, and today it’s StubHub. And as I read StubHub’s prospectus today, I couldn’t help but think of a twist on an old idiom: Hell hath no fury like a founder scorned. The filing revealed that Eric Baker—StubHub’s founder, who was fired from the business two decades ago only to buy it... Read more ›
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ByteDance’s U.S. investors are considering participating in an Oracle-led deal to take control of TikTok and avert a ban of the app, according to reports in the Financial Times and Reuters. According to the reports, shareholders such as Coatue, KKR, General Atlantic and Susquehanna would ... Read more ›
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Coinbase is in advanced talks to acquire Deribit, the world’s largest crypto options exchange, Bloomberg reported on Friday, a deal that would significantly expand Coinbase’s derivatives business outside of the U.S. Coinbase, the biggest U.S. crypto exchange, launched an international ... Read more ›
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Last June, the Boston Celtics clinched their 18th NBA Championship, making them the most decorated pro basketball franchise of all time. On Thursday, Symphony Technology co-founder Bill Chisholm reached an agreement to buy the team at a valuation of $6.1 billion, giving the Celtics yet another title: the most expensive U.S. sports club ever sold. Once the transaction is approved, it’ll mark the latest American sports team sold to someone... Read more ›
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Yahoo has sold its tech publication TechCrunch to Regent, a media investment firm that owns other websites including PCWorld and Macworld. Financial terms of the deal were not disclosed. TechCrunch has had a number of owners over the years. Yahoo came to control the influential tech news outlet ... Read more ›
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On this week’s More or Less: Google’s $32B deal and a Silicon Valley spy scandal! Apple Spotify YouTube Read more ›
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In June 1995, two young congressmen reached across the aisle to introduce legislation that would become the defining legal protection of the internet era: Section 230 of the Communications Decency Act, which shields internet companies from liability for content created by users. Now, nearly 30 years later, another bipartisan duo hopes to drastically alter that law. With both parties aligned—and President Donald Trump seemingly interested too—they stand a better shot... Read more ›
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05.04.2025 01:04
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