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 .
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Recent Editions
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.
xAI Co-Founder Babuschkin Leaves, Will Start Investment Firm
Babuschkin is starting a company that “supports AI safety research and backs startups in AI and agentic systems that advance humanity and unlock the mysteries of our universe.”
Stripe to Tap Paradigm Co-Founder Matt Huang to Lead New Blockchain
Crypto venture firm Paradigm’s co-founder Matt Huang will serve as blockchain Tempo’s CEO, Fortune reported.
Crypto Exchange Bullish Soars 84% in First-Day Trading
Bullish, which also owns CoinDesk, gets $10 billion market value after raising $1.1 billion in IPO.
Tencent President: We Have Enough Chips to Train Our AI Models
The Chinese tech giant’s remark comes as President Trump’s recent moves signal an easing of U.S. chip export controls.
Amazon Plans Same-Day Grocery Delivery Expansion
Amazon’s retail chief Doug Herrington has long advocated for growing the company’s grocery business as a way for it to get shoppers to make purchases more frequently.
OpenAI to Back Neuralink Rival Merge Labs
Sam Altman has written about the need for humans and machines to merge for years.
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