Anthropic Seeks $2 Billion in New Funding
The deal talks are happening days after Amazon invested in the OpenAI rival.
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Amazon Used ‘Nessie’ Algorithm to Raise Prices
Amazon used the algorithm to make price increases on items and monitor whether competitors matched them, according to the Wall Street Journal.
Chainalysis Lays Off 15% of Staff
The firm is trying to sell more to the public sector after demand from private companies for blockchain data services plunged.
Netflix’s Ad Sales Chief Jeremi Gorman Is Leaving Company
Jeremi Gorman is out at Netflix, replaced by veteran Netflix executive Amy Reinhard. Peter Naylor, Gorman's no. 2, will remain at the company.
Campbell Brown to Leave Meta
Brown joined Meta in 2017 to lead Meta’s news partnerships team.
Meta Proposes $14 Subscription Fee for Ad-Free Instagram and Facebook
Meta reportedly detailed the plan to regulators in Ireland and Brussels in September.
TikTok Halts E-Commerce Service in Indonesia After Government Ban
The major setback in Asia is likely to increase pressure on TikTok's efforts to expand into the U.S. e-commerce market.
TiKTok-Parent ByteDance Generated Nearly $7 Billion in Cash
The company is also buying back stock from employees at a price that implies a valuation of about $223 billion.
Instacart, Facing Slowing Growth, Sees Stock Drop Sharply
Instacart's parent company saw its second-worst day since going public Sept. 19.
X Signs Live Shopping Deal with Paris Hilton
Linda Yaccarino is trying to court talent partnerships in an attempt to revive X’s fallen ad revenue.
Amazon Plans AI Chatbot for Search
The chatbot is the latest example of how Amazon is weaving generative AI into its e-commerce site.
Flexport Asked Dave Clark to Sign NDA After Ouster as CEO
Flexport and Dave Clark also engaged in bizarre legal wrangling around an alleged whistleblower.
TikTok Is Testing a $5-Per-Month, Ad-Free Version of Its App
TikTok's test is still in a very early stage and in one market outside of the U.S., said a person with direct knowledge of the matter.
Microsoft Was Willing to Lose $15 Billion Annually to Win Apple Search Deal
Google’s search deal with Apple has made it difficult for Bing to compete, Nadella said.
Tesla Deliveries Decline in Third Quarter
Tesla said factory downtime contributed to production slowdown
Big Tech Critic Luther Lowe Leaves Yelp
Lowe has been a key figure in convincing officials to pursue antitrust enforcement against tech companies.
Following Probe, SEC Won’t Recommend Enforcement Action Against Bolt
The SEC spent more than a year investigating whether federal securities laws had been violated in connection with statements made when Bolt was raising money.
Marc Lore’s Wonder to Buy Blue Apron for $103 Million
Blue Apron, which went public in 2017 at a valuation of $1.9 billion, had struggled in recent years amid mounting competition from competitors like Hello Fresh and Amazon.
X’s Daily Active Users Have Dropped Since Musk Bought Company
The decline in users could complicate Musk and X CEO Linda Yaccarino’s efforts to turn around the company.
Jasper Cuts Internal Valuation, Revenue Projections
Jasper AI CEO Dave Rogenmoser stepped down from the company on Thursday.
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