BNY, Goldman Eye Managing Reserves for Stablecoin Issuers
The companies are each seeking SEC approval to launch stablecoin reserve funds.
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The Information AM
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Recent Editions
MSNBC to Rebrand as ‘MS NOW’ Following NBCU Spinoff
The left-leaning cable news channel will become "MS NOW," which stands for "My Source News Opinion World."
Thoma Bravo In Talks to Take HR Software Firm Dayforce Private
The software-focused buyout firm has been on an acquisition spree amid wider consolidation in the software sector.
Europe Trade Deal Statement Stalled Over EU’s Desire to Regulate Tech
The EU wants to keep its Digital Services Act intact.
Activist Starboard Value Ups Stake in Salesforce by Nearly 50%
Three years after Starboard and other activist investors successfully pushed for changes at Salesforce, signs are pointing to a new campaign.
OpenAI Staffers Plot $6 Billion Share Sale at $500 Billion Valuation
Thrive Capital, SoftBank Group Corp, and Dragoneer Investment Group are expected to participate.
Vercel Lands Unsolicited Investment Offers at $9 Billion
The new funding could nearly triple Vercel’s $3 billion valuation from a financing about 15 months ago.
Lyft’s Cofounders Leave Board, Abandons Dual Class Share Structure
The cofounders had a voting stake of 30% despite owning just 2.3% of the stock between them.
Opendoor CEO Quits After Online Campaign Against Her
Wheeler's departure followed weeks of blistering criticism of her management online, led by investor Eric Jackson with support from Keith Rabois, a co-founder of Opendoor .
SoftBank-owned Payments App PayPay Files for US Listing
The listing could help finance SoftBank’s massive ambition in AI.
Fed to Wind Down Crypto and Fintech Supervision Program
Banking regulators are making it easier for banks to offer crypto services.
Perplexity Offered Around $1 Billion for Brave Browser
Before its unsolicited $34.5 billion bid of Google’s Chrome, Perplexity quietly hunted for browser startups
Google Backs Bitcoin Miner’s Data Center Deal
The deal shows how startups have found it difficult to raise debt to buy AI chips or servers on their own.
Oracle Strikes Deal With Google to Host Gemini AI Models
In an extension to the longtime rivals' one-year-old cloud agreement, Oracle's cloud customers will be able to access advanced models like Gemini 2.5.
Trump Administration Said To Be in Talks to Take Stake in Intel
Intel stock rose more than 7% in trading on Thursday.
Trade Desk Stock Tumbles 7% After The Information Report
The new deal between Walmart and the Trade Desk is not exclusive, so Walmart now has the option of using other advertising tech firms.
Instagram’s Co-Head of Product to Leave Meta
Ashley Alexander is leaving Meta after 12 years at the social media giant.
Fintech, Crypto CEOs Sign Letter to Trump to Block Banks’ Data Fees
CEOs from Stripe, Kraken, PayPal among those pushing back on JPMorgan’s data access fees.
Cohere Raises $500 Million, Hires Ex-Meta Research Chief
The Canadian AI lab is now valued at $6.8 billion, a 24% increase to its valuation from an equity financing a year ago.
OpenAI’s Countersuit Against Musk to Proceed
The judge also threw out some of Musk’s complaints against OpenAI.
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