Palmer Luckey’s Erebor Bank Got Full Charter Approval
Erebor Bank aims to fill the hole left by Silicon Valley Bank.
Weekday mornings
The Information AM
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
Recent Editions
European Commission: TikTok’s ‘Addictive Design’ Breaches DMA
TikTok needs to “change the basic design of its service,” such as by disabling infinite scroll and implementing better screen time management tools, the Commission said.
Alibaba Battles for Chinese AI Users With $432 Million Holiday Campaign
This year, AI is at the center of Chinese tech giants’ battle to win over consumers during the Lunar New Year holiday.
OpenAI Reveals Frontier, an AI Agent Platform for Businesses
The company will also hire hundreds of AI consultants to support enterprise adoption of AI
Anthropic Releases New AI, Hurting Financial Services Stocks
Anthropic said its new AI would be better for tasks like financial analysis and creating spreadsheets and presentations.
Cook Acknowledges Apple Employee Unhappiness Over ICE Crackdown
Cook voiced his support for both immigrants and law enforcement and said he was saddened by the feelings people were experiencing around recent events
OpenAI in Talks to Power Amazon’s Alexa, Other AI Products
The talks are happening at the same time Amazon considers making an equity investment in OpenAI.
Snap Reports Steady Revenue Growth in Fourth Quarter
Daily Active Users slipped sequentially for the first time in years
Crypto Venture Capitalist Kyle Samani Steps Down From Multicoin
Kyle Samani will move on to exploring AI, longevity and robotics.
Alphabet Will Double CapEx to About $180 Billion as AI Cloud Business Booms
Alphabet reported a better than projected 18% increase in fourth quarter revenue, fueled by strong growth both in its core search ads business and in cloud sales.
Former PayPal Executive Marcus Explains How Payments Firm Lost Its Way
Marcus, who left PayPal in 2014 just before its spinoff from eBay, said the company had prioritized its bottom line over long-term vision.
AI Chip Startup Cerebras Raises $1 Billion at $23 Billion Valuation
The new funding round comes as Cerebras is expected to go public in the coming months.
Microsoft Replaces Security Leader with Windows Veteran
Before her roughly one-year stint at Google Cloud, Gallot spent more than 15 years at Microsoft.
Washington Post Lays Off One-Third of Newsroom
The newspaper has seen search traffic fall by half in the past three years.
AWS CEO Says Data Centers in Space are A Long Way Off
The comments come as Elon Musk is touting the idea to explain why he is merging SpaceX and xAI
Uber Reports 20% Higher Revenue As Growth Accelerates
Uber's food delivery business is growing particularly fast.
Nvidia’s H200 Chip Sales to China Remain Stalled By U.S. Government
The stall highlights how Nvidia is caught between the U.S. and China, both of which are using the chips sales to advance their national security and economic interests
Exclusive: Two Sequoia Capital Partners Leaving
Since the start of the year, four Sequoia partners have revealed plans to leave or step back from their roles.
Department of Justice Cross-Appeals Google Search Verdict
In ruling on how to remedy Google's search monopoly, the judge rejected the most extreme proposals from the Justice Department and plaintiff states.
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