Google Announces Second Generation of Gemini AI Models
Google also announced an update to its AI assistant, a new computer-using agent and a new AI coding assistant.
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TikTok Launches E-Commerce in Spain, Ireland
TikTok's latest effort to expand its business in Europe comes as the app is facing a potential ban in the U.S.
Tiger Global’s 2021 Megafund Shows Loss for California Teachers Pension
The report shows that funds have not fully recovered their value from their pandemic-era inceptions.
Trump Names New FTC Chief as Probe of Microsoft-OpenAI Deal Heats Up
While Ferguson is unlikely to be as hawkish as Khan, he has signaled a willingness to scrutinize big tech companies.
GM Stops Development of Cruise Robotaxis
Company to focus on developing autonomous and advanced driver safety technology for future models
Ex-Amazon Executive Dave Clark Eyes Acquisitions
Auger recently hired Alex Ceballos, a former corporate development executive at Amazon who will work on potential acquisitions.
Amazon Tests 15-Minute Delivery in India
The move puts Amazon in competition with other rapid delivery services from companies like SoftBank-backed Swiggy and Walmart's Flipkart.
Suspect in Healthcare CEO’s Killing Has Tech, Ivy League Background
Internet sleuths began scouring Luigi Mangione’s online presence after police arrested him in Pennsylvania on Monday.
Oracle Shares Slump Despite New Meta AI Contract
Oracle's shares dropped after it reported its latest quarterly results, which included a slowdown in a metric representing contracted but unrecognized revenue .
Rupert Murdoch Loses in Attempt to Change Family Trust
Murdoch was in a legal dispute with some of his children over changes to his family trust that would have consolidated power over Fox and News Corp under his eldest son, Lachlan.
Google Announces New Quantum Chip
Many companies, including IBM, Microsoft and Amazon, are trying to build a more powerful computing system based on qubits.
OpenAI Launches Video-Generating Sora Model
The official launch comes nine months after the software was first teased in February.
Comcast Gets Rights to Bundle Warner Bros.‘ Max in the U.S. and U.K.
Comcast's Sky will bundle Warner Bros. Discovery's Max once the streaming service finally launches in the U.K. in early 2026.
TikTok Asks Court To Suspend Ban Ahead of Supreme Court Appeal
TikTok wants the court to give it time to appeal the sell-or-ban law to the Supreme Court.
Omnicom to Buy Interpublic For $12.5 Billion in Stock
The deal suggests the ad industry feels the need for greater scale so it can better compete with Google, Amazon and Meta Platforms.
China Probes Nvidia for Potential Anti-Monopoly Violations
Chinese regulators alleged that Nvidia had breached terms attached to the approval of its $7 billion acquisition of Israeli firm Mellanox Technologies.
Amazon Makes AI-Assisted Tool Available to Chinese Sellers
Amazon is wooing China-based sellers with a host of measures.
Grok Chatbot Available to All X Users
The ‘freemium’ model mirrors similar offerings from OpenAI and Anthropic.
TikTok CEO: Will Seek Supreme Court Review to Halt Ban
To get an injunction to halt the ban, TikTok would need to show it would suffer irreparable harm during an appeal, experts say.
Meta Releases New Version of Llama 3
The model, called Llama 3.3, performs as well as one of Meta’s older, larger models but is easier and more efficient to run, Meta CEO Mark Zuckerberg said.
Weekday mornings
The Information AM by The Information Staff
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