OpenAI Hires Ex-White House Official as First Chief Economist
OpenAI's new chief economist, Aaron Chatterji, will lead research into how AI will affect economic growth and job creation.
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Anthropic Announces Software That Operates Devices, New Models
The software will be able to take actions on behalf of users on their devices, like building websites and editing spreadsheets.
Wayfair Launches Rewards Subscription
The online home goods retailer has been battling a sales slowdown and increased competition from Temu and Amazon.
Walmart to Add Same-Day Pharmacy Delivery Nationwide
The announcement comes shortly after Amazon announced an expansion of its own same-day pharmacy delivery service.
New Rules for U.S. Tech Investments in China Under Final Review
President Biden's executive order last year cited concerns about how investments in sensitive technologies in China could threaten U.S. national security.
Meta Ray Bans Sells Strongly in Europe, EssilorLuxottica Says
EssilorLuxottica, a global eyewear giant and owner of the Ray-Ban brand, is Meta's partner on the smartglasses, which let people stream music, make phone calls and take photos.
News Corp Sues AI Search Startup Perplexity for Copyright Infringement
In July, Perplexity struck revenue-sharing deals with publishers including Fortune and Time.
Disney Names Jim Gorman as New Chairman
The CEO search has taken on immense significance for Disney, given the problems the company has had in finding a longterm successor for Bob Iger.
Perplexity Hopes to More Than Double Valuation to $8 Billion
Investor enthusiasm for AI startups doesn’t seem to be dimming.
Netflix Series May Spark New Jail Terms for Menendez Brothers
‘Monsters: The Lyle and Erik Menendez Story’ has resurrected interest in their case.
Musk Promises $1 Million Payout to Voters, Raising Legal Questions
The billionaire’s gifts are meant to further support Donald Trump.
Judge Temporarily Stays Google-Epic Decision
The ruling was due to go into effect on Nov. 1 but the judge has stayed its implementation, giving Google time to appeal.
Netflix Stock Hits All Time High
Netflix is hoping its nascent ad business jumpstarts growth after next year. Analysts aren't so sure.
U.S. Probes Tesla Self-Driving Software Following Fatal Crash
Tesla has reported four crashes involving sun glare, fog and airborne dust
U.S. Investigates TSMC’s Business With Huawei
The Commerce Department is investigating whether TSMC has been manufacturing AI chips or smartphones chips for Huawei in violation of U.S. export controls.
Calm Inks Deals With UnitedHealth
The startup had previously disclosed plans to lure strategic partners with cheap stock.
Silver Lake, GIC to Take Software Firm Zuora Private for $1.7 Billion
The deal is the latest in a string of software deals by Silver Lake this year.
Amazon Debuts New Type of Grocery Store Next to Whole Foods
The store, branded Amazon Grocery, offers products that aren’t sold in Whole Foods, which bars ingredients like artificial sweeteners and color additives.
Meta Reorganizes and Lays Off Staff on Several Teams
Separately, Meta also fired employees for violating policies around meal credits, according to posts on the anonymous forum Blind.
Stripe in Talks to Buy Crypto Startup Bridge for $1 Billion
Deal, which could still fall apart, would represent Stripe’s deepening support for crypto payments for merchants.
Weekday mornings
The Information AM by The Information Staff
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