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Amazon Says Has “Zero Tolerance” for Wrongdoing After Media Report Alleges Graft

By
Shai Oster
· · Source: Bloomberg

Amazon said it had “zero tolerance” for graft after a local news report that Amazon had launched an internal investigation into allegations that its lawyers had bribed Indian officials. The report came from The Morning Context, which alleged that money paid in legal fees had instead been used for bribes. “We take allegations of improper actions seriously, investigate them fully, and take...

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From left, Alphabet CEO Sundar Pichai, DeepMind CEO Demis Hassabis and Google Brain chief Jeff Dean. Photos by Getty, Bloomberg
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Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
By Jon Victor and Amir Efrati
OpenAI’s success in overtaking Google with an artificial intelligence–powered chatbot has achieved what seemed impossible in the past: It has forced the two AI research teams within Google’s parent, Alphabet, to overcome years of intense rivalry to work together.
Art by Clark Miller.
Opinion startups
Don’t Build the Wrong Kind of AI Business
By Ben Parr
At a catch-up coffee a few weeks ago, a founder friend asked me, “What AI thing should we build?” It was the third time that week a founder had asked me the same question.
Orlando Bravo, co-founder of Thoma Bravo LLC. Photo by Bloomberg.
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Private Equity Firms’ Secret Weapon for Big Software Buyouts
By Rachel Graf
When Thoma Bravo was drawing up the financing of its $8 billion acquisition of Coupa Software last year, the private equity giant didn’t turn to a bank, and it didn’t get a traditional loan.
Art by Clark Miller.
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The Streaming Business Model Is Hitting Its Half-Life
By Andrew A. Rosen
Sign up for Rosen’s newsletter, Parqor, part of The Information’s newsletter network.
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The People Who Make OpenAI Run Fast
By Jon Victor
Sam Altman has been the face of OpenAI as it quickly outmaneuvered rivals such as Google to launch cutting-edge artificial intelligence to the public.
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Satellite Internet Plans from SpaceX and Others Deserve a Pinch of Salt
By Becky Peterson
If satellite internet providers like SpaceX’s Starlink have their way, the skies are going to get a lot more crowded with their orbiting antennas in the coming years—so crowded that it’s worth exercising a bit more skepticism about how many will actually get off the ground.