Palo Alto Networks Shares Rise After Steady Growth in Security Sales
Free cash flow margin widened in the fiscal fourth quarter compared with the same quarter one year ago.
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Blackstone Marketing Head Leaves for General Catalyst
General Catalyst has expanded beyond venture into wealth management. It’s also bought a hospital system.
Autonomy Founder Mike Lynch Missing After Superyacht Sinks
Mike Lynch had only recently been acquitted of fraud charges stemming from Autonomy’s 2011 sale to HP.
AMD to Buy AI Infrastructure Firm ZT Systems for $4.9 Billion
AMD has been trying to catch up to Nvidia in AI chips.
Palantir Co-Founder Karp Says He’s Supporting Kamala Harris
The billionaire earlier gave Joe Biden’s campaign $360,000.
California Democrats Spar Over AI Bill
The state’s contested AI regulation would impose safety requirements on companies training large AI models.
Judge Blocks Disney, Warner and Fox From Launching New Sports Service
A federal judge has ruled that Venu, which would stream sports channels from Disney, Fox and Warner Bros. Discovery, would harm rival services like Fubo TV.
Trump Appoints Cantor Fitzgerald CEO, WWE Co-Founder for Transition Team
Donald Trump is tapping Howard Lutnick and Linda McMahon as chairs for his presidential transition team if he’s elected
Rivian Pauses Production of Delivery Vans Used by Amazon
Rivian expects to make up all missed production, a spokesperson said, though they did not say when production will resume.
TikTok Doubles Down on First Amendment Defense in U.S. Legal Battle
TikTok argued that a U.S. law that could ban the app is "the most sweeping speech restriction in this country’s history," in its latest court filing.
Warner Bros. Discovery’s U.S. Cable Networks Chief to Retire
Kathleen Finch, who was in charge of Warner Bros. Discovery's cable TV networks business in the U.S., is retiring at the end of the year.
Andreessen Horowitz Plans to Open Japan Office
The firm opened its first international outpost last year in London.
Ben Horowitz Claims Mike Moritz Ordered ‘Hit Pieces’
The online tirade brings to the fore simmering political tension between the two VC heavyweights.
San Francisco Sues 16 Websites Over AI-Generated Porn
The city's top lawyer wants a court to shut the sites down.
Media Mogul Edgar Bronfman Jr. Prepares Bid for Paramount Owner
Bronfman Jr., who formerly ran Warner Music, is reportedly seeking to bring in other investors for his bid including Fortress Investment Group and Roku.
Disney Hires YouTube Executive as New Product and Technology Chief
Adam Smith, a 20-year Google and YouTube veteran, will be responsible for overseeing Disney's streaming services and other technology initiatives.
SoftBank’s Talks With Intel About AI Chips Break Down
Softbank sought a partnership with Intel because it is a U.S.-based company, which could have given it the opportunity to get funding from the Biden administration’s Chips Act.
Alibaba’s Profit Drops as China Commerce Revenue Dips
As Alibaba faces fierce competition and a slow economy in China, a recovery in its e-commerce transactions hasn't translated to solid revenue.
Meta Shuts Down Social Media Research Tool CrowdTangle
The company moved forward with the shutdown despite pushback from lawmakers ahead of the U.S. election.
New xAI Model Grok-2 Produces Inappropriate Images
Elon Musk has criticized the content restrictions of popular AI models.
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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