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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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Recent Editions

Briefing

Salesforce to Buy Data Management Firm ‘Own’ for $1.9 Billion

Sep 6, 2024 · 12:37pm PDT
It’s Salesforce’s second acquisition this week, showing how CEO Marc Benioff may be changing his playbook after pledging to slow down deals last year following pressure from activist investors.
Briefing

OnlyFans Revenue Jumped 20% in 2023

Sep 6, 2024 · 7:35am PDT
Unlike other creator economy startups, OnlyFans’ business has continued to boom post pandemic.
Briefing

Broadcom CEO: Tech Giants’ Shift Toward Custom AI Chips Will Accelerate

Sep 6, 2024 · 1:27am PDT
Broadcom, which helps tech giants like Google and Meta Platforms design custom AI chips, could benefit from the trend.
Briefing

Trump Says He’ll Appoint Musk to Lead an Audit of Federal Spending

Sep 5, 2024 · 1:52pm PDT
Tesla CEO has become a vocal supporter of the former president
Briefing

Billionaire Larry Ellison Will Control Paramount After Skydance Deal Closes

Sep 5, 2024 · 1:04pm PDT
Ellison will control 77.5% of Paramount Global after his son's deal to buy Paramount's current owner and merge Paramount with his Skydance studio closes.
Briefing

Nvidia Backs Applied Digital, a GPU Data Center and Cloud Startup

Sep 5, 2024 · 8:01am PDT
Nvidia has also backed CoreWeave, a larger startup that also rents access to its GPUs.
Briefing

Shares of AI Software Firm C3.ai Drop 17% Despite Stronger Revenue Growth Projection

Sep 4, 2024 · 7:44pm PDT
In response to a question about “lumpy” subscription revenue, CEO Tom Siebel said it would fluctuate between 10% to 20% of total revenue for a while.
Briefing

Elon Musk’s X Launches New TV App

Sep 4, 2024 · 10:53am PDT
X hopes to revive its deteriorating advertising business with a new streaming app featuring videos from sports leagues, creators and others.
Briefing

Uniswap Settles With CFTC Over Leveraged Retail Crypto Trading

Sep 4, 2024 · 10:05am PDT
The decentralized crypto exchange agrees to pay a $175,000 fine without agreeing or denying the findings.
Briefing

Andreessen Horowitz Closes Miami Office

Sep 4, 2024 · 8:57am PDT
Miami startups inked only 71 VC deals in the second quarter, according to PitchBook data.
Briefing

Safe Superintelligence Inc Raises $1 Billion

Sep 4, 2024 · 8:28am PDT · 1 comment
Investors in the company include NFDG, Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel.
Briefing

Microsoft-Inflection Deal Cleared by UK Antitrust Regulator

Sep 4, 2024 · 7:21am PDT
The regulator found that Microsoft’s deal to hire Inflection’s staff and license its AI should be considered a merger, but was not likely to harm competition. 
Briefing

Alibaba’s Domestic Shopping Sites to Accept Tencent’s WeChat Pay

Sep 4, 2024 · 3:53am PDT
Alibaba's move to accept rival Tencent's payment service comes after the Chinese government's antitrust crackdown between 2021 and 2022.
Briefing

Altman’s AI Data Center, Power Project Could Start in U.S.

Sep 3, 2024 · 6:55pm PDT
Altman has said other companies, in addition to OpenAI, would benefit from the project, which would include the build out of data centers, power facilities and chip manufacturing plants to expand AI computing capacity.
Briefing

DOJ Sends Subpoena to Nvidia as Part of Antitrust Probe

Sep 3, 2024 · 4:23pm PDT
The Information previously reported that the DOJ reached out to Advanced Micro Devices and AI chip startups, to gather information about Nvidia's practices.
Briefing

TikTok Parent Hikes Share Price in Latest Buyback

Sep 3, 2024 · 2:38pm PDT
ByteDance increased the share price in its latest employee buyback.
Briefing

Federal Safety Regulator Calls For Investigation Into Shein and Temu

Sep 3, 2024 · 2:20pm PDT
Two commissioners said they want closer regulation of e-commerce to be a top priority.
Briefing

ByteDance in Talks With Banks for $9.5 Billion Loan

Sep 2, 2024 · 7:23am PDT
ByteDance has tens of billions of cash on its balance sheet but, like U.S. tech companies, also borrows money.
Briefing

Disney Pulls Content From DirecTV

Sep 2, 2024 · 6:49am PDT
The two companies exchanged dueling statements about the issues underlying their dispute.
Briefing

Intel Considers Selling Altera

Sep 2, 2024 · 6:42am PDT
Intel has fallen behind on a number of fronts for several years, most recently in AI.