Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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Palo Alto Networks’ chief executive officer Nikesh Arora has joined Uber’s board of directors, the ride hailing company said in a securities filing. Arora previously was president of SoftBank and also worked at Google as chief business officer. Uber disclosed earlier this week that ... Read more ›
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A federal appeals court denied Apple’s request for a stay of a court order that forced it to allow external payments inside apps for Apple devices like the iPhone. The company sought the stay as it appealed an April order that required it to comply with a 2021 court decision that it had violated ... Read more ›
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Circle Internet Group, the stablecoin issuer, said it would raise $1.1 billion in an upsized initial public offering, giving it a market value of $6.9 billion based on outstanding shares. Investors showed strong interest in the first major crypto IPO since Coinbase went public in 2021. The ... Read more ›
0
OMG! What a day we had in Hollywood on Tuesday at The Information’s Future of Influence event. I loved meeting new readers, seeing familiar faces and hearing from our fabulous lineup of speakers including creators Adam W and Victoria Garrick Browne and executives from Meta Platforms, YouTube, Spotify and Substack. A big thank you to everyone who traveled from near and far (including Brazil and Germany!) to spend the afternoon... Read more ›
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You.com, an artificial-intelligence search startup making a push into business software, is in talks with media conglomerate Cox Enterprises to raise funds valuing the company at $1.4 billion, said people familiar with the discussions. The funding would support You.com’s push into selling AI search tools to businesses, after the company’s consumer product fell behind competitors like Perplexity. Startups are beginning to make inroads offering AI services to companies looking to... Read more ›
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Reddit is suing Anthropic in a California court for what it alleges is unlawful scraping of its content. The forum-based social network has become a useful source of training data for large language models because it offers a repository of real human conversations. While Reddit has entered into ... Read more ›
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XAI co-founder Christian Szegedy has joined Morph, a startup whose software aims to improve the quality of computer code generated by artificial intelligence, as its chief scientist, a person with knowledge of the hire said. Szegedy appears to be the first of xAI’s 12 co-founders to leave the ... Read more ›
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Economic uncertainty related to the Trump administration’s tariff programs has made advertisers more cautious about spending this year. But that caution could be an opportunity for influencers, who can often charge less and move faster than traditional ad agencies, said speakers at The Information’s Future of Influence conference on Tuesday. “I think 2025, we always knew it would be a harder year. I think every industry has felt it,” said... Read more ›
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SpaceX is set to make about $15.5 billion this year, CEO Elon Musk said on his social media platform X, with only about $1.1 billion of the private rocket company’s revenue coming from NASA. Next year, he said SpaceX’s commercial revenue will likely exceed NASA’s budget, which President Donald ... Read more ›
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Microsoft is reorganizing its top ranks of executives overseeing applications like Office 365 and Dynamics as the company prioritizes sales of AI agents, CEO Satya Nadella told staff on Wednesday. The move is a sign that Microsoft is throwing its weight behind AI products that can automate white ... Read more ›
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Among privately held firms, there’s no beating OpenAI when it comes to generating revenue from selling artificial intelligence. But startups selling the digital picks and shovels of the AI gold rush, including to OpenAI and other AI developers, are doing OK too. The latest example is Vercel, a cloud service companies use to develop artificial intelligence and commerce applications and websites. The San Francisco-based firm, which also offers website hosting,... Read more ›
2
In March, at a Microsoft all-hands meeting, one of the company’s newest executives, Jay Parikh, laid out a rough vision for Microsoft’s path forward in artificial intelligence. AI models made by OpenAI and others were quickly becoming commoditized by more efficient models from DeepSeek and Microsoft’s own research arm that performed nearly as well for a fraction of the cost, Parikh said, sitting alongside chief executive officer Satya Nadella and... Read more ›
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Snap CEO Evan Spiegel defended his company’s ability to stay independent despite competition from deep-pocketed rivals like Meta Platforms, predicting that the Snapchat parent was on “the cusp of a real transformation in the way that people think about and use computers.” That transformation, Spiegel said, will involve his company’s augmented reality glasses, Spectacles. He said that he expected consumers to widely adopt AR glasses by the end of the... Read more ›
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One of venture capital’s big misses has to be AppLovin, an ad-tech firm specializing in selling ad space in gaming apps. Its shares have soared more than 900% since the beginning of last year, giving AppLovin a market capitalization today of $135 billion. That makes it just a bit smaller than Spotify, Shopify and Arm Holdings—and bigger than companies such as Comcast, Intel and DoorDash. And yet according to AppLovin... Read more ›
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Apple’s court-ordered relaxation of controls on its App Store has been “a big win for independent media,” according to Substack’s co-founder and CEO Chris Best. But that’s one of the few positives in the media landscape, where Google’s use of AI-powered search results is hurting publishers’ traffic while advertisers are increasingly shifting their ad spending to social, streaming video and retail platforms. Vox Media CEO Jim Bankoff said Vox, owner... Read more ›
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The most dangerous game in artificial intelligence investing right now is CoreWeave. Retail traders have helped bid up its stock price by 277% since its lackluster initial public offering, powering its market valuation from $23 billion to a remarkable $72 billion in two months. “It’s the most incredible thing I’ve ever seen,” one hedge fund manager told me. “It’s coming to an end. I just don’t know when.” Read more ›
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Deel has accused Rippling of directing an employee to set up fake entities to pose as a Deel customer and scour the rival payroll startup’s systems for contracts, policies and pricing information, the latest twist in a long running battle between the two HR software firms. The accusations form ... Read more ›
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As we send out this newsletter, we are kicking off our Future of Influence event in Los Angeles. We look forward to seeing so many of our subscribers in person! Keep an eye on theinformation.com for our latest coverage from the event, and we’ll be back with more highlights in Wednesday’s newsletter. One of the major themes of our event is that people are spending more time watching creators online,... Read more ›
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Elon Musk stepped up his rhetoric against the Trump Administration on Tuesday, calling the president’s tax and spending bill a “disgusting abomination” on his social media platform X. Musk had previously clashed with Donald Trump on tariffs and said last month he would spend less on future ... Read more ›
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Thoma Bravo raised $24.3 billion for its main buyout fund and a total of $34.4 billion across three funds, marking its biggest fundraising year ever. The software-focused buyout firm raised $8.1 billion for its midsize software companies-focused Discover Fund and $2 billion, or 1.8 billion ... Read more ›
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Most popular sources
Business Insider
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45% 21 |
Wired
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18% 14 |
Gizmodo
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8% 2 |
MacRumors
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7% 6 |
Vox
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5% 3 |
| View sources » | |
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05.11.2025 10:15
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