Former Coinbase Custody Head Joins Anchorage as COO
At Coinbase, Aaron Schnarch was instrumental in supporting the launch of bitcoin exchange-traded funds.
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U.S. Commerce Secretary Reiterates Tough Position on China
Her comments come as Washington struggles to rebuild trade relations with Beijing.
TikTok Plots Suit Over U.S. Ban Bill, Exec Tells Staff
TikTok’s U.S. policy chief called the divest or ban bill ‘unconstitutional.’
Microsoft Hires Ex-Meta Platforms Exec to Boost Data Centers, OpenAI Supercomputers
Jason Taylor may take over some of the duties of Brian Harry, a senior executive involved in the Microsoft data center team, who has told colleagues that he plans to retire.
House Approves TikTok Sell or Ban Bill
The bill, part of a broader legislative package containing aid for Ukraine and Israel, now goes to the Senate where it is expected to be approved as soon as Monday.
Katie Haun to Leave Coinbase’s Board
With Haun's departure, Coinbase plans to reduce the size of the board from eight to seven.
Warner Bros. Discovery CEO Earns More Cash Than Netflix’s Chiefs
WBD CEO David Zaslav earned a cash bonus of $22 million for 2023, more than either of Netflix's co CEOs Ted Sarandos and Greg Peters.
U.K. Regulator Finds Flaws With Google’s Ad Privacy Plan
The U.K.’s privacy regulator believes Google’s proposal to crack down on user tracking would allow it to continue even after it’s implemented.
Aid Package, Including TikTok Bill, Advances in House
Support from Democrats in the House helped advance the bill past Republican opposition.
Tesla Recalls All 3,878 Cybertrucks Over Pedal Problem
Tesla must replace or rework all accelerator pedals on Cybertrucks.
Apple Pulls WhatsApp, Signal, Telegram And Line From China App Store
Although the apps’ services had already been blocked in China for years, the apps themselves could still be downloaded in China.
Ibotta Trades Up 17% After IPO
The first-day performance continues the sprinkling of good vibes in the IPO market, even as the broader stock market fell for the fifth straight day.
Netflix’s Topline Growth Accelerates
Netflix said it will stop reporting subscriber numbers next year, eliminating what has been a key metric used by investors to monitor the company's growth.
Google Merges Android, Pixel Teams
The unexpected move, announced in a companywide memo from CEO Sundar Pichai, will bring together two major business units.
Meta Updates Its AI Assistant and Releases Smaller Versions of Llama 3
Meta's AI assistant will now be integrated into the search boxes of Facebook, Instagram, WhatsApp and Messenger. It will also be available through a website.
Google Fires 28 Employees Involved in Cloud Protest
A group of employees in Sunnyvale, Calif., was arrested Tuesday night after occupying the office of Google Cloud CEO Thomas Kurian for more than nine hours.
Coding Bootcamp CEO Austen Allred Fined by Federal Watchdog
Bloomtech, formerly Lambda School, misled customers on its ‘income-sharing agreements’ and made false claims about its graduates’ hiring rates, the CFPB said.
Coatue Joins Rippling Board as Observer Amid $13.5 Billion Fundraising
Rippling is raising about $200 million and arranging for a sale of employee and investor shares worth $670 million.
EU Watchdog Says Meta Should Give Users Free Service Without Ads
Meta's decision to charge a subscription fee for ad-free versions of its services in Europe has faced scrutiny.
House Speaker Puts TikTok Bill on Fast-Track Path
The plan ties the TikTok bill to aid packages for Ukraine and Israel, which could speed its passage in the Senate after the bill stalled over the past month.
Weekday mornings
The Information AM by The Information Staff
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