Final Bids Due Soon for Bankrupt FTX’s Stake in Anthropic
Perella Weinberg has asked bidders to submit offers at $30 a share or higher
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Recent Editions
Former Google Engineer Stole AI Chip Secrets For Chinese Firms, U.S. Alleges
The Department of Justice said the former engineer stole trade secrets related to the company’s artificial intelligence chips and data centers.
Apple Shuts Epic’s Developer Account Ahead of Alternate App Stores
Apple’s decision might open itself up to criticism that it isn’t fully complying with the spirit of the law.
Complaints About Facebook and Instagram Account Takeovers Have Dramatically Increased, State Attorneys General Say
The complaints have drained law enforcement resources, a group of state attorneys general representing 40 states and Washington D.C. said in a letter to Meta's top attorney.
Lawmakers: Bill to Remove Chinese Owner Shows “Path Forward” for TikTok’s Survival
The bipartisan bill introduced this week creates renewed pressure for TikTok and highlights the uncertainty the app continues to face in Washington.
AWS Stops Some Cloud Fees, Following Google
A new EU law likely influenced the cloud providers' decision.
OpenAI Says Musk Wanted Full Control of For-Profit
Five of OpenAI’s senior leaders issued a joint statement Tuesday evening rebutting Elon Musk’s claims that the AI startup abandoned its founding mission.
Deel Buys Africa-Based PaySpace as its Revenue Crosses $500M ARR
The payroll provider also said it's been generating cash for the last 18 months.
CrowdStrike Shares Soar on Strong Results, First Annual Profit
Company also said it had agreed to acquire Flow Security.
Bipartisan Bill Would Force ByteDance to Divest TikTok
If ByteDance didn’t divest TikTok within 165 days of the bill passing, it would become illegal for app stores to offer TikTok or for web platforms to host it.
Facebook and Instagram Users Report Outages
Hundreds of thousands of users reported outages across Meta's apps, according to Downdetector.
KKR Taps BlackRock Veteran as Chief Information Officer
The private equity firm has hired Ruchir Swarup as its new technology head
Stitch Fix Forecasts Revenue Drop, Shares Tumble 16%
New CEO Matt Baer has tried to cut costs and restart growth.
Analyst: Apple’s China iPhone Sales Fell 24% Ahead of Lunar New Year
The data suggest Apple will face a slowdown in China sales this year due to stiff competition from Chinese brands.
Former Twitter Executives Sue Elon Musk for $128 Million
The executives claimed Musk denied them severance pay when he took over the company now known as X in 2022 and fired them.
AWS to Pay Up to $650 Million For Nuclear Data Center Campus
The cloud providers' interest in the site is significant because AWS and its rivals have been struggling to find enough power for their AI data centers.
Whole Foods to Open Smaller Stores in New York City
The new Whole Foods format won’t have Just Walk Out, the cashierless checkout technology that’s central to Amazon’s existing small retail format, Amazon Go.
AI Developer Anthropic Launches New Claude Models
Anthropic released Claude 2 in July last year.
European Commission Fines Apple 1.8 Billion Euros
The fine comes as Europe's new Digital Markets Act is coming into effect, forcing Apple to overhaul its App Store rules.
Reddit IPO Could Value it at $6.5 Billion
The valuation is a steep decline from its 2021 funding round.
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