Amazon Agrees to Invest up to $4 Billion in AI Startup Anthropic
Deal is part of a broader agreement that will see Anthropic shift to AWS and use AWS chips
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Recent Editions
Writers Guild Reaches Tentative Deal With Studios to End Strike
The dispute, which has shaken the entertainment industry to its core, has implications far beyond Hollywood.
Cybersecurity Venture Firm Cyberstarts Closes $480 Million Fund
The fund will be used to double down on Cyberstart's seed invesments
Apple Adds Option to Switch From Google Search in Safari
U.S. government lawyers have said it’s too difficult for Safari users to switch from Google because it takes multiple steps.
Unity Technologies Issues Apology, Revises New Business Model
The gaming software faced an uproar after it first announced a new business model that charged developers based on game installs and did not have a revenue share option.
Biden Administration Wants to Know Cloud Providers’ AI Customers
Companies like Amazon Web Services would have to disclose who their biggest cloud spenders are.
Snap Ad Executive Rob Wilk Exits After Short Tenure
Snap promoted Patrick Harris to the role of president of Americas as former exec Rob Wilk leaves the social network.
FTC to File Long-Awaited Amazon Lawsuit
It's expected to challenge a wide array of Amazon’s business practices, including how it prices items and runs its logistics and advertising services for outside sellers.
Amazon to Put Ads on Prime Video, Charge $3 For Ad-Free Tier
Amazon already displays ads during Prime Video broadcasts such as Thursday Night Football, and even customers who pay the extra $3 per month will still see ads during those programs.
Snapchat’s Subscription Product Has 5 Million Paying Users
Snapchat+ now has 5 million paying subscribers, up by 1 million since June.
Apple Pushes Back In-House Designed 5G Modem to 2025
The news comes after Apple and Qualcomm extended an agreement for Qualcomm to continue supply modem chips for the iPhone through 2025.
Broadcom Shares Slide After Google Considers Taking AI Chips In-House
If Google succeeds in taking TPU development fully in-house, it might ultimately save the company billions of dollars a year and would hurt Broadcom’s business of making specialized chips for customers.
TikTok Shop Plans Expansion in Seattle, Grows Order Volume
TikTok is requiring new U.S. e-commerce employees to be based in Seattle, encouraging employees to move there and looking for new office locations in the area.
ByteDance Retaliated after Racism Complaints, Black Ex-Employees Allege
The employees filed a class action charge with the Equal Employment Opportunity Commission on Thursday, alleging that the discrimination and retaliation they faced is part of a pattern within the company.
Microsoft to Release AI Features For Windows Users Next Week
Microsoft’s 365 Copilot will be broadly available on November 1.
Cisco to Buy Splunk in $28 Billion Cybersecurity Deal
Boutique advisory firm Tidal Partners, founded by former Centerview bankers David Handler and David Neequay, represented Cisco in the deal.
Rupert Murdoch Steps Down as Chair of Fox and News Corp.
Murdoch, 92, will assume a chairman emeritus role at his two media companies, Fox Corp. and News Corp.
Instacart Shares Lose Nearly All IPO Gains
The decline deflates some hopes for the IPO market.
Klaviyo Shares Rise 9% in Public Debut
The marketing software company is the third tech firm to go public in the past week.
Apple, Goldman Scuttled Stock-Trading App
Apple and Goldman Sachs were working on a stock-trading app for iPhones until markets soured last year.
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