A Long, Strange Trip for the ‘Uber for Nurses’Read more

Briefing
enterprise cloud

Okta to Acquire Identity Management Rival for $6.5 Billion

By
Kevin McLaughlin
· · Source: The Information

Okta, which sells “identity management” software that companies use to let employees log into business apps and keep credentials secure, is making the biggest acquisition in its 12-year history, plunking down $6.5 billion in stock to buy Auth0, a startup that develops similar software. The deal, which amounts to about 20% of Okta’s market capitalization, reflects the growing importance of...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive amazon entertainment
How Amazon Misread the NFL Ad Market
By Sahil Patel and Theo Wayt · June 7, 2023 6:00 AM PDT
A Thursday Night Football game between the Jacksonville Jaguars and the New York Jets. Photo by Getty.
Last summer, advertising representatives for a national pizza chain in the U.S. met with Amazon ad executives to negotiate a potential sponsorship deal for Amazon Prime Video’s broadcast of “Thursday Night Football.” Amazon executives asked the pizza chain for commitments of up to $12 million for the full season, double what the chain wanted to spend, said a person with direct...
Latest Briefs
 
CNN Chief Departs
By Martin Peers · June 7, 2023
SEC Asks Court to Freeze Binance.US Assets
By Aidan Ryan · June 6, 2023
CFPB Says Banks That Use Chatbots Risk Legal Breaches
By Michael Roddan · June 6, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Instacart CEO Fidji Simo. Photo by Getty.
Exclusive startups Finance
Growth Wanes at Instacart, Gopuff
By Cory Weinberg
Grocery upstarts Instacart and Gopuff haven’t been able to deliver two things at once this year: growth and profits.
CareRev co-founder Will Patterson stepped down as CEO last week. Art by Clark Miller
Exclusive startups venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
By Paris Martineau
Will Patterson was on a hot streak. As the co-founder and CEO of CareRev—a gig-work platform sometimes described as an “Uber for nurses”—he saw his company’s business surge during the pandemic as hospitals and clinics scrambled to find healthcare workers.
Nvidia CEO Jensen Huang. Photo by Bloomberg
semiconductors ai
Why Nvidia Aids Cloud Rivals of AWS, Google and Microsoft
By Anissa Gardizy
Nvidia’s business of selling chips for artificial intelligence is going gangbusters, but the company faces a looming problem.
Tim Cook. Photo by Bloomberg
Exclusive apple ar/vr
Apple’s Learning Curve: How Headset’s Design Caused Production Challenges
By Wayne Ma
If Apple unveils its long-awaited mixed-reality headset next week as expected, it will represent the company’s riskiest gamble on a new product since the iPhone.
PRO
Introducing The Information’s Generative AI Database
By Kalley Huang
OpenAI’s ChatGPT launched six months ago, igniting a boom in generative artificial intelligence.
Adam D'Angelo photograph by Ko Sasaki. Art by Clark Miller
The 1:1 ai
Adam D’Angelo’s Endless Quest to Answer Everything
By Arielle Pardes
Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.