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27.10.2025 − 02.11.2025
The Information
Ann Gehan @ The Information 1 place · 10/29/2025 09:00 EDT

How Shopify’s Leadership Shake-Up Affects Its Push for Growth

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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The Information
Rocket Drew @ The Information · 05/13/2025 18:38 EDT

SoftBank Notches First Profitable Year Since 2020

SoftBank said it earned 517 billion yen ($71.8 billion) before taxes in the quarter ending March 31, up from only $32 billion during the same period last year. For the fiscal year, the Japanese telecom conglomerate run by Masayoshi Son earned $1.2 billion, its first profit in four years. The ... Read more

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The Information
Cory Weinberg @ The Information · 05/13/2025 18:19 EDT

Chime Shows Faster Revenue Growth in IPO Filing

Banking app Chime accelerated revenue growth in the first quarter, it revealed in a securities filing Tuesday, a positive sign for its long-awaited initial public offering as the stock market rebounds. The company grew revenue, which it largely makes from interchange fees on Chime-branded ... Read more

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The Information
Kaya Yurieff @ The Information · 05/13/2025 17:02 EDT

A big theme I’ve been tracking this year is the growing convergence between Hollywood and the creator economy. In the latest example of that trend, Skybound Entertainment, the Los Angeles studio behind franchises including “The Walking Dead” and comic book and TV series “Invincible,” has acquired Nine Four Entertainment. The talent management firm represents creators such as Jack Douglass, a YouTuber better known as Jacksfilms who has nearly 5 million... Read more

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The Information
Anissa Gardizy @ The Information · 05/13/2025 14:58 EDT

OpenAI to Announce Stargate Data Center in UAE

OpenAI is preparing to announce a new data center in the United Arab Emirates as part of its Stargate data center effort with SoftBank, according to a person with direct knowledge of the talks. The move is part of a broader push by OpenAI to grow its business in non-U.S. markets, while countries ... Read more

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The Information
Sahil Patel @ The Information · 05/13/2025 14:30 EDT

YouTube to Stream NFL Game in Brazil for Free

YouTube has won the rights to live stream an NFL game from Brazil on September 5. This will be the first time that an NFL game will be exclusively streamed live and for free in its entirety on YouTube, the NFL said in announcing the deal on Tuesday. It will also be available globally on YouTube ... Read more

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The Information
Evan Robinson-Johnson @ The Information · 05/13/2025 13:43 EDT

Federal Regulators Expand Tesla Probe to Robotaxis

Federal safety regulators investigating Tesla’s full self-driving feature expanded their probe last week to include the planned June launch of a robotaxi service in Austin, Texas. Regulators want to know how Tesla keeps its cars safe on public roads, especially when weather conditions make it ... Read more

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The Information
The Information Staff @ The Information · 05/13/2025 13:30 EDT

Free Agents: Amazon, OpenAI, Google Execs Poised for Their Next Role

The nation’s biggest tech companies have reshuffled the ranks of their senior leaders in the last year. That means executives with decades of experience in enterprise software, digital ad sales and product development are newly or soon to be available for their next job. Below we have details on six leaders. They include Amazon Web Services’ former CEO, Adam Selipsky, as well as OpenAI’s former chief research officer, Bob McGrew,... Read more

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The Information
Anissa Gardizy @ The Information · 05/13/2025 13:29 EDT

Nvidia, AMD Announce AI Chip Deals With Saudi Arabia

Nvidia and Advanced Micro Devices each announced strategic partnerships with Saudi Arabia on Tuesday, in which they plan to sell a large amount of their artificial intelligence chips to the country. The announcements come as President Doanld Trump and U.S. tech leaders, including OpenAI CEO Sam ... Read more

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The Information
Jon Victor @ The Information · 05/13/2025 13:00 EDT

The AI Startup Using a Private Equity Growth Playbook

As the cost of running artificial intelligence models falls, the land grab in customer support automation has reached a new level of intensity. Nearly every major enterprise software vendor now offers a product for automating customer support, according to our analysis, which also breaks down how the race to automate knowledge work has bred new turf wars among these firms.Against this backdrop, a one-year-old startup, Crescendo, is taking a different... Read more

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The Information
Aaron Holmes @ The Information · 05/13/2025 11:17 EDT

Microsoft to Cut 3% of Staff, Targeting Middle Management

Microsoft will lay off roughly 3% of its staff across all departments and geographies, including subsidiaries LinkedIn and GitHub, the company said on Tuesday. Microsoft employed around 228,000 people worldwide as of last June, meaning thousands of roles will be cut. The layoffs are not related ... Read more

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The Information
Sahil Patel @ The Information · 05/13/2025 10:59 EDT

New ESPN Streaming Service Will Cost $30 Per Month

ESPN’s new streaming service, which will also be called ESPN and launch in the fall, will cost $29.99 per month. The service will bring all of ESPN, including all of its cable TV channels, coverage of more than 47,000 live sporting events per year and original studio shows and documentaries, to ... Read more

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The Information
Ann Gehan @ The Information · 05/13/2025 10:38 EDT

VMG Partners Raises New $1 Billion Consumer Fund

VMG Partners announced it has raised a new $1 billion fund to invest in consumer businesses on Tuesday, a vote of confidence in the sector at a time when many generalist firms have pulled back. VMG was founded in 2005 and is best known for backing food, beverage and beauty companies with checks ... Read more

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The Information
Stephanie Palazzolo @ The Information · 05/13/2025 10:00 EDT

Google’s ‘Always-On’ Coding Agent Is Coming. Where Is OpenAI’s?

AI coding assistants today have saved software engineers lots of time. The CEOs of Amazon, Google and many others can’t stop talking about it during their earnings calls.But even the most popular AI coding tools today often work side-by-side with human engineers and require a lot of prompting and hand-holding.That’s about to change.Google, for instance, has been demonstrating new AI for software development ahead of its annual I/O developer conference,... Read more

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The Information
Evan Robinson-Johnson @ The Information · 05/13/2025 09:00 EDT

As Tesla’s Robotaxi Deadline Nears, Start of Key Testing Phase Is Uncertain

Elon Musk’s deadline for launching Tesla’s first robotaxi service, in Austin, Texas, is weeks away, but the company hadn’t started testing its cars without a human safety driver as of last month, according to an engineer close to the testing and a former employee. That’s a crucial step required before Tesla can launch the pilot service for customers. Tesla has been training its most popular model, the Model Y, in... Read more

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The Information
Jing Yang @ The Information · 05/13/2025 03:49 EDT

Trump Slashes Tariffs on Low-Value Parcels from China

President Donald Trump slashed tariffs on low-value parcels imported from mainland China and Hong Kong by more than half, in a step that could revive e-commerce marketplaces like Shein, Temu and Amazon Haul. From May 14, parcels valued at $800 or less will only face 54% duties, instead of the ... Read more

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The Information
Rocket Drew @ The Information · 05/12/2025 20:47 EDT

House Committee Proposes Decade Ban on State AI Laws

The U.S. House Committee on Energy and Commerce on Sunday proposed a 10-year ban on state and local laws regulating artificial intelligence. That measure would block laws such as a New York state bill that would require AI companies to test AI models for safety risks, similar to a California ... Read more

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The Information
Erin Woo @ The Information · 05/12/2025 20:32 EDT

Google Developing Software AI Agent, Pinterest-Like Feature

Google is working on an AI agent for software development intended to help software engineers navigate every stage of the software process, The Information reported. Google employees demonstrating the product have pitched it as an always-on coworker that can help identify bugs or fix ... Read more

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The Information
Martin Peers @ The Information · 05/12/2025 20:00 EDT

Temu’s Clouded Future

You wouldn’t know it from checking out Temu’s website today—it’s as full of schlocky cheap items as ever—but the Chinese-owned shopping site is not what it was a few months ago. Thanks to changes made in response to President Donald Trump’s tariffs, it now lists all the items on the home page as coming from “local” warehouses rather than being directly shipped from China under the duty-free de minimis loophole,... Read more

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The Information
Aaron Holmes @ The Information · 05/12/2025 18:56 EDT

CrowdStrike CEO Gives Away 92% of Voting Power

CrowdStrike CEO George Kurtz gifted more than $1 billion worth of his shares in the cybersecurity company, reducing his shares from 31% to 2.5% and eliminating all of CrowdStrike’s supervoting stock, the company disclosed in a proxy filing last month. Kurt’z gifts triggered a clause that ... Read more

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The Information
Erin Woo @ The Information · 05/12/2025 17:43 EDT

Google Developing Software AI Agent, Pinterest-Like Feature Ahead of I/O

After weeks of news about Google’s antitrust travails, the tech giant will try to reset the narrative next week by highlighting advances it is making in artificial intelligence, cloud and Android technology at its annual I/O developer conference. Ahead of I/O, Google has been demonstrating to employees and outside developers an array of different products, including an AI agent for software development. Known internally as a “software development lifecycle agent,”... Read more

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07.11.2025 11:56
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