Reddit CEO Tells Employees To Ignore Blowback
Reddit CEO Steve Huffman addressed the criticism of the company’s increased API pricing in a memo to staff
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Recent Editions
EToro to Delist Four Tokens for U.S. Customers After SEC Sues Exchanges
The SEC’s lawsuits against Coinbase and Binance contained allegations that the tokens are securities.
Ex-Samsung Employee Accused of Stealing Chip-Making Secrets for China
The indictment ratchets up the confrontation between the U.S. allies and Beijing over semiconductors, which have become a national security issue.
TCV Misses $5.5 Billion Fundraising Goal, Filings Show
TCV joined Insight and Tiger in raising less money than expected for its new fund.
Google Reportedly Will Face EU Antitrust Complaint Over Advertising Business
The European Union’s competition watchdog will reportedly bring a formal complaint against Google as soon as Wednesday.
Oracle Confirms Cohere Deal, Says AI Startups Will Buy $2 Billion in Cloud Services
The company confirmed The Information’s story from last week.
Salesforce Launches AI Software, Starting at $360,000 Per Year
The tools will become available between this month and October.
Twitter Sends First Comms Email Since Takeover
The email, Linda Yaccarino's first all-staff communication since taking over as chief executive last week, was forwarded to some reporters by Yaccarino's first business hire.
FTC to Sue Microsoft to Block $69 Billion Activision Deal: Report
Microsoft President Brad Smith said the company welcomes the lawsuit because it would speed up the legal process to close the deal.
Reddit Crashes After Thousands of Forums Go Dark
The company told The Information it does not plan on reversing its move to charge developers for API access.
Nasdaq Buys Software Firm Adenza From Thoma Bravo for $10.5 Billion
Thoma Bravo will get cash, a 14.9% stake in Nasdaq and a seat on the exchange operator's board.
JPMorgan Settles Lawsuit With Epstein Victims
Suit had been brought by unnamed victim who alleged she was sexually abused by Epstein for years.
Twitter Isn’t Paying its Google Cloud Bill
The Elon Musk-owned company has been seeking to renegotiate its deals with cloud providers.
Andreessen Horowitz to Open U.K. Office With Crypto Focus
A prominent VC backer of crypto startups says it’s opening a London outpost because of the U.K.’s crypto-friendly climate.
Oracle Preps AI Pact with OpenAI Rival
It's Oracle's answer to the Microsoft-OpenAI alliance.
Andreessen Horowitz Restructures Investment Teams in AI Push
The firm has reorganized its fintech and consumer groups as it grapples with a decline in dealmaking and valuations.
Reddit CEO Cites Profit Push in Response to Backlash
In an Ask Me Anything session hosted on Reddit, CEO Steve Huffman defended the company’s decision to start charging for API access.
Robinhood Delists Cardano, Solana and Polygon Following SEC Suits
The Securities and Exchange Commission alleged that the three tokens are securities in lawsuits against Binance and Coinbase.
Binance.US to Lose Banking Access, Halts Dollar Deposits
Binance.US plans to operate as a “crypto-only exchange” for the foreseeable future.
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