Things have never been better for Shopify. The e-commerce firmâs 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 âș
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LLMs are improving rapidly, with new capabilities and record-setting scores on reasoning and coding benchmarks seemingly announced each week. And yet there remains a significant adoption gap, with organizations of all sizes still in the early days of translating these improvements into measurable business impacts. During a panel discussion at The Informationâs Financing the AI Revolution event at the NYSE, reporter Stephanie Palazzolo discussed how companies are adopting AI with... Read more âș
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New AI-powered programming tools like OpenAIâs Codex or Googleâs Jules might not be able to code an entire app from scratch just yet. But when it comes to working with large amounts of previously written code, those products could soon be saving developers a ton of time.For example, Codex excels at finding bugs in a large code base and suggesting potential fixes, according to Ryan Cox, who manages a team... Read more âș
3
Meta Platforms on Tuesday overhauled its generative artificial intelligence group, which is responsible for the companyâs key bets in AI, including its flagship large language model Llama and its Meta AI assistant, according to an internal post reviewed by The Information. As part of the ... Read more âș
0
PDD Holdingsâ revenue growth slowed and profits plunged in the first quarter, the Chinese e-commerce giant reported Tuesday, as U.S.-China trade tensions battered the companyâs overseas discount bargain site Temu. PDD shares were trading down 15% on Tuesday morning. PDD, which doesnât break out ... Read more âș
0
Salesforce struck a deal to buy data management firm Informatica for $8 billion in cash, as the subscription software company looks once again to acquisitions to accelerate its growth. The acquisition is the first big deal struck by Salesforce since it bought Slack in 2021 for $28Â billion, ... Read more âș
0
Anthropicâs drop on Thursday of its latest generation of modelsâClaude Opus 4 and Claude Sonnet 4âlanded lots of praise on social media, as early users highlighted how the models were able to stay on track for long-running coding tasks, like creating an entire CRM or complicated video games. (Our readers already knew some of this since we had scooped the upcoming model launches earlier this month.)The hype continued until a... Read more âș
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Three years ago, Elon Musk approached Apple with an eleventh-hour offer. Musk had heard that Apple was about to announce a feature for the upcoming iPhone 14 in partnership with satellite firm Globalstar that would allow iPhones to send text messages to emergency services in areas without cellular reception. He wanted Apple to instead use satellite internet service from Starlink, a Globalstar rival operated by Muskâs rocket company, SpaceX. His... Read more âș
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OpenAI said Monday it was opening an office in Seoul, its third office in Asia after Tokyo and Singapore. In a LinkedIn post, chief strategy officer Jason Kwon said weekly users of its ChatGPT have grown 4.5 times in South Korea over the last year. The country has more paid subscribers to the ... Read more âș
0
Chime, a fintech that offers banking services to people with low and moderate incomes, says it aims to address the âfundamental misalignment between whatâs good for banks and whatâs good for consumers.â Now Chime is planning to go public, and the big question is what will be good for investors. The answer is complicated. Chime straddles the divide between fintechs that make their money on transaction fees and those that... Read more âș
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SoftBank Group founder Masayoshi Son has floated the idea of creating a U.S.-Japan sovereign wealth fund for investments in technology and infrastructure in the U.S., the Financial Times reported. The move could help the U.S. Treasury Department earn revenue without raising taxes, the newspaper ... Read more âș
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Global payroll startup Deel is bolstering its governance and ending some of its unusual practices as it fights accusations in a lawsuit that its CEO and board chair recruited and paid a corporate spy at its archrival, Rippling. Deel is moving its official corporate headquarters from its current location: a two-bedroom apartment in a San Francisco luxury high-rise. The fintech startup, which was valued at $12.6 billion in its most... Read more âș
3
Welcome, Weekenders! In this newsletter:âą The Big Read: How the âTechnology Brothersâ seized Silicon Valley ⹠The Arena: The WNBA and sports have an online abuse problemâand few good optionsâą Policy: 5 ideas for fixing the FAA ⹠Plus, our Recommendations: A journalistâs guilt trip; the secret of superkids; and a humorous, homicidal humanoidIncreasingly, we live in a time of hollow castles. What exactly do I mean? Iâm talking about... Read more âș
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Last Saturday, the WNBAâs Indiana Fever hosted the Chicago Sky for their 2025 season opener, a highly anticipated matchup between archrival stars Caitlin Clark and Angel Reese. It was a hard-fought game until the third quarter, when everything went off the rails. Clark, who is white, committed a flagrant foul on Reese, who is Black, leading to a near-scuffle between the teams. Afterward, Reese headed to the line to shoot... Read more âș
1
Judging by the ongoing disruptions at Newark Liberty International and other airports across the country, the Federal Aviation Administration faces enough issues to fill up a 747 jet. And the agencyâs responsibilities are only going to grow in the coming years as startups push out of Earthâs atmosphere amid the intensifying commercial space race. But what exactly should the FAA do to improve? Read more âș
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Salesforce, after unsuccessfully trying to acquire Informatica last year, is back in talks with the data management software provider, according to Bloomberg. Informatica, which has a market capitalization of $6.8 billion, would be Salesforceâs largest acquisition since its $27.7 billion ... Read more âș
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Woo-hooâitâs Memorial Day weekend, which means summer is just around the corner. And in a typical year, we would expect to soon see tech reviewers telling consumers not to upgrade their iPhones now, because new models will be coming in September. Not surprisingly, the June quarter is typically Appleâs weakest for iPhone sales. But this year, things may be different. President Donald Trumpâs threat on Friday that heâll impose 25%... Read more âș
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President Donald Trump threatened to impose a tariff of at least 25% on Apple devices imported into the U.S. until it makes iPhones in the U.S., rather than overseas. âI have long ago informed Tim Cook of Apple that I expect their iPhoneâs that will be sold in the United States of America ... Read more âș
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Readers of The Information said they are overwhelmingly optimistic about the operating environment for technology companies for the coming six months, according to our April survey. In all, 54% of readers said they expect conditions to improve, while 15% said they expect conditions will worsen ... Read more âș
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In recent months, John Coogan and Jordi Hays, co-hosts of âTBPN,â a daily tech news talk show that has captured the attention of Silicon Valleyâs investors and founders, have followed the same morning routine. The two men meet in downtown Los Angeles at the members-only Jonathan Club to work out, then sauna together while reading print copies of The Wall Street Journal. The image of Coogan, 36, and Hays, 29,... Read more âș
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Hollywood used to shrug off social media influencers. But in the last year, five big streaming services, including Netflix, Amazon Prime Video and Hulu, between them have announced or released more than 25 new shows featuring creators, ranging from reality TV series to scripted comedies to licensing deals. And streaming services hope to strike even more deals with popular creators, seeing them as a less risky bet than paying a... Read more âș
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05.11.2025 14:34
Last update: 14:25 EDT.
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