Special Offer: Try The Information today for only $10/month.
About Us
Pricing Corporate Sales
Briefing
Autonomous Vehicles

Self-Driving Truck Developer Kodiak Lays Off About 20% of Employees

By Amir Efrati and Cory Weinberg
· · Source: The Information

Kodiak Robotics, one of several prominent commercial efforts to fully automate semi-trailer truck driving, laid off about 20% of its employees Wednesday, or about 15, including some engineers. It’s the second case of layoffs for a major autonomous vehicle program amid the Covid-19 quarantines in the U.S., but it speaks to a broader shakeout in the field as the path to developing reliable and...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing
DoorDash’s Sky-High Valuation: The Information’s Tech Briefing
By The Information Staff · Dec. 4, 2020 5:31 PM PST
DoorDash’s Sky-High Valuation: The Information’s Tech Briefing
Next week is shaping up to be a big one for tech IPOs, with both DoorDash and Airbnb expected to hit the market. Both raise interesting questions for investors, given how each has fared through the pandemic. DoorDash’s offering arguably poses the biggest risks. The restaurant-meal delivery service on Friday raised its pricing range to between $90 and $95 a share, giving the company an...
Latest Briefs
 
U.S. to Let TikTok Ban Deadline Pass as Deal Talks Progress
By Alex Heath · Dec. 4, 2020
Activision Sues Netflix For Poaching CFO
By Tom Dotan · Dec. 4, 2020
DoorDash Valued at $29.4 Billion After Raising IPO Pricing Range
By Martin Peers · Dec. 4, 2020
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.
What We Learned From The Information’s List of the 50 Most Promising Startups
TI 50 Startups
What We Learned From The Information’s List of the 50 Most Promising Startups
By Amir Efrati
If you’ve wondered what startups could become the Google, Microsoft or Salesforce of the 2020s or ’30s, see our inaugural list of the 50 most promising tech startups that probably aren’t yet on your radar screen.
Uber’s Image Maker Emerges as Key Power Player
Exclusive Uber/Lyft
Uber’s Image Maker Emerges as Key Power Player
By Jessica E. Lessin and Amir Efrati
Minutes after Dara Khosrowshahi learned from a news report that he would be the next CEO of Uber, his phone rang.
The Underside of Silicon Valley’s Co-Founder Mantra
Opinion Venture Capital Startups
The Underside of Silicon Valley’s Co-Founder Mantra
By Tracy Chou
It was both maddening and somehow unsurprising to see that only 2.1% of VC dollars so far this year have gone to all-female teams.
SPAC Merger Class of 2020 Is Trading Better Than 2019
Markets
SPAC Merger Class of 2020 Is Trading Better Than 2019
By Ross Matican
Special purpose acquisition companies are the hottest investment phenomenon of the year. But they’re not a surefire way to make money, as many lose value after they merge with operating businesses.
Many Gen Zers Loathe Amazon—but Can’t Quit It
E-commerce COVID-19
Many Gen Zers Loathe Amazon—but Can’t Quit It
By Paris Martineau
Like most of her friends, Isobel Tollenaar isn’t a fan of Amazon. “I definitely find it to be an uncomfortably powerful and gross company,” said Tollenaar, 23, who graduated from college just last year and currently works at a nonprofit in the Chicago area.
Salesforce’s Bret Taylor: Company Didn’t Overpay for Slack
Q&A Startups Microsoft
Salesforce’s Bret Taylor: Company Didn’t Overpay for Slack
By Kevin McLaughlin
Salesforce didn’t overpay for Slack, the business messaging company it agreed to acquire on Tuesday for nearly $28 billion, Bret Taylor , Salesforce’s president and chief product officer said.