Temu Slashes Google, Meta Ad Spending as Tariffs Bite
Heavy ad spending from Temu and its fellow China-founded rival, Shein, has buoyed digital ad revenue for Meta and Google and driven up costs for other advertisers.
Weekday mornings
The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy
Recent Editions
OpenAI Develops X-Like Social Feature in ChatGPT
The feature could help people discover what they can do with the chatbot.
Chinese AI Startup Zhipu Targets IPO as Soon as This Year
Backed by Alibaba and Tencent, the company could become the first Chinese AI model developer to go public.
NATO, Palantir Strike Deal on Warfighting AI
Palantir stock rose 4.6% after the announcement Monday.
Autonomous Truck Company Kodiak Robotics to Go Public via SPAC
The company, which burned $20 million last quarter, will get an influx of cash from the deal.
OpenAI Releases New Models for Software Developers
The new models perform better in areas like coding, academic knowledge and following instructions compared to OpenAI's previously-released GPT-4o.
Zuckerberg Sees Facebook’s Decline Major Threat to Meta
Zuckerberg in 2022 suggested wiping out friend lists on Facebook to freshen it up, noting it was a "potentially crazy idea."
Nvidia Says it Will Manufacture Some Chips, Supercomputers in US
The announcement comes after President Donald Trump said he will announce a tariff rate for semiconductors in the coming week.
FTC Kicks Off Meta Antitrust Trial
Meta argued that it faces competition in social media, citing TikTok, YouTube and other apps as competitors.
Intel Sells Control of Altera Chip Unit to Silver Lake
The value put on Altera in the deal is about half of what Intel paid to buy the chip company in 2015.
China Urges U.S. to Cancel All ‘Reciprocal’ Tariffs
The tensions between the two nations persist despite the Trump administration’s decision to temporarily exempt some electronics from tariff increases.
China’s E-Commerce Giants Support Exporters Hit by Trump Tariffs
The moves by Alibaba and JD.com come amid increasing hostility between the U.S. and China over trades and tariffs.
Trump, Lutnick Say New Semiconductor Tariffs Are Coming
The administration will pursue separate tariff hikes to push makers of chips, smartphones and flat panel TVs to manufacture them in America.
Trump Exempts Smartphones, Laptops From Tariff Hikes
The exemption should be a relief to Apple and Nvidia.
OpenAI Should Remain Nonprofit, Former Employees Tell Court
The nonprofit’s mission requires control over OpenAI’s operations, they argue.
Safe Superintelligence Inc Raises $2 Billion at a $32 Billion Valuation
The funding is double the amount that SSI was looking to raise as of two months ago.
Meta Adds Former Trump Adviser and Stripe CEO to Board
Dina Powell McCormick and Patrick Collison's terms start on April 15.
Pentagon to Cancel $5.1 Billion in IT Services Contracts
The move comes amid broader efforts to cut federal technology spending.
John Malone Won’t Seek Re-Election to Warner’s Board
The cable TV pioneer will instead transition to a Chair Emeritus role at Warner Bros. Discovery as the company explores options for its cable TV business.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy