TSMC Profits Surge 57% on Strong Demand for AI Chips
The world’s largest chipmaker said the latest U.S. restriction on chipmaking orders from China had a “manageable” impact on the business.
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Apple Eyes Barclays, Synchrony to Replace Goldman for Credit Card
Goldman has struggled to make the credit card profitable and is trying to end its partnership with Apple early.
Biden Administration Explores Ways to Keep TikTok Accessible on Sunday
TikTok is preparing to switch off its app for U.S. users after the Jan. 19 ban deadline.
U.S. Tries to Stop TSMC From Producing Chips For Blacklisted Chinese Firms
The rules come after a U.S. probe of whether Taiwan Semiconductor Manufacturing Co. made advanced chips that ended up at Huawei, which the U.S. had blacklisted.
Trump Weighs Executive Order to Save TikTok
President-elect Trump is weighing options for how to save TikTok, including issuing an executive order.
Axios Signs Content Licensing Partnership with OpenAI
OpenAI expanded its roster of content licensing deals to include Axios
Microsoft, Google Roll Out New AI Pricing for Businesses
The changes show how both companies are willing to experiment with pricing in order to coax corporate customers to spend more on AI.
TikTok Prepares for Immediate Shut-Off in the U.S. on Sunday
The app was expected to continue operating past the Jan. 19 ban date for existing U.S. users.
SEC Sues Musk for Not Disclosing Twitter Purchase
Musk's lawyer accuses the agency of "harassment"
Intel’s Venture Fund To Spin Off Into Standalone Firm
The firm will now seek external investors for the first time.
Brazil’s Government Says Meta’s Content Changes May Lead to Violations of Local Law
Brazilian President Luiz Inacio Lula da Silva earlier called Meta’s decision to end fact-checking in the U.S. “extremely serious.”
Warner Bros. Adds SoFi CEO and IAC CEO to Board of Directors
Warner Bros. Discovery has added Anthony Noto and Joey Levin to its board. It praised both executives' backgrounds in M&A as WBD is on the hunt for new deals.
Biden Releases Executive Order for Half a Dozen Gigawatt-Plus AI Data Centers
Developers at these sites must adhere to several conditions, such as ensuring their sites are powered by a certain amount of clean energy.
EU Reviews Big Tech Probes
U.S. tech executives have complained about EU enforcement to President-elect Donald Trump.
JPMorgan Names Piepszak as COO, Replacing Pinto
All corporate functions will now be jointly managed by Jamie Dimon and Jennifer Piepszak.
Chinese Officials Evaluate Potential Sale of TikTok U.S. to Elon Musk
Under the U.S. law, TikTok will be banned on Jan. 19 unless its owner ByteDance sells the app's U.S. operations.
Databricks Raises $5 Billion in Debt Financing
The financing comes on the heels of a $10 billion equity round in December.
Instagram Leader Says App will Prioritize Original Content in 2025
The comments come days ahead of a potential ban of TikTok, Instagram’s biggest rival.
Google Cloud Forms New AI Sales Team, Cuts 60 Jobs
Google Cloud is reassigning some of its most AI-savvy salespeople and engineers to work with AI startups and enterprise software providers.
Chainalysis Buys Fraud Detection Startup Alterya for $150 Million
Y Combinator incubated Alterya was founded in 2022.
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.
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