Alibaba’s Global E-Commerce Grows But Core Businesses Remain Sluggish
The Chinese tech giant has struggled to convince investors that its domestic e-commerce and cloud computing businesses can find new engines for growth.
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Tencent’s Strong Ad Business Boosts Profits
The Chinese tech giant cited a notable increase in spending by advertisers in gaming, internet services and consumer goods sectors.
OpenAI Hires Former Google Search Ads Leader
The move coincides with OpenAI's development of a search engine.
Cruise Cofounder Kyle Vogt Raises $150 Million For New Robot Startup
The Bot Company will build technology to handle chores.
Serena Ventures Shakes Up Management
Founding partner Stillman has departed, FirstMark’s Ferreira joins
Google Cloud Accidentally Deleted Pension Fund’s Data
The cloud computing provider inadvertently cut off a pension fund’s customers.
Tesla Rehires Some Fired Members of Supercharger Team
CEO Elon Musk said last week the company would spend more than $500 million to grow the network this year.
BuzzFeed Q1 Revenue Fell 18%
The company said it's also starting to see growth in people visiting its websites directly and automated ad revenue generated by that traffic.
Squarespace Agrees to Permira Buyout for $6.9 Billion
The web design firm's shares rose 13% on the announcement of the proposed deal, which includes participation from investment firms General Atlantic and Accel.
Melinda French Gates Leaves Gates Foundation
The billionaire will pursue new philanthropy around women and families.
OpenAI Confirms Voice AI Assistant Ahead of Google Event
The announcement came several days after The Information reported on the new tech.
U.S. Investigates Amazon’s Self-Driving Taxi Unit Over Crashes
The transportation safety agency is investigating two cases in Zoox cars “unexpectedly braked suddenly, leading to rear-end collisions."
Apple Mulls Performance-Based Payouts for Studios
They're considering giving writers a bonus if their material is a hit while reducing upfront payments.
Arm Said to Develop AI Chips
If the AI chip becomes ready for mass production, it could be spun off under a new SoftBank subsidiary.
Google’s Waymo Crosses 50,000 Paid Driverless Rides Per Week
Waymo's paid service is expanding in more cities.
OpenAI to Announce ChatGPT, GPT-4 Updates on Monday
CEO Sam Altman said that the company would not announce GPT-5 or a search engine on Monday.
Apple to Announce Siri AI Upgrades Next Month
Apple has focused on improving Siri for tasks people already use it for, like setting timers and creating grocery lists.
Circle Ventures Lead Lonergan Departs
Stablecoin firm to find replacement to lead venture investing.
Another Top Spotify Podcast Executive to Depart
Spotify's head of podcast studios, Julie McNamara, is reportedly leaving the company as the company aims to turn its podcast business profitable.
Reddit Bans Data Partners from Ad Targeting
Reddit said its $203 million data licensing deals are compliant with the new policy
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