Hard Drive Firm Seagate Sees Surging Cloud, AI Demand
Executives say rapidly-growing demand for its hardware from cloud computing providers is offsetting sluggishness in consumer-facing parts of its business.
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Microsoft Says it’s No Longer OpenAI’s Exclusive Cloud Provider
Microsoft still retains the exclusive rights to resell OpenAI’s models on its Azure cloud platform, as well as the rights to reuse OpenAI’s tech in its own products.
Instagram Looks to Attract TikTokers With Cash
Amid uncertainty around TikTok's future, rival Instagram is courting creators with cash for posting Reels.
Netflix Surpasses 300 Million Subscribers, Raises Prices
Netflix added a staggering 19 million paid members during the fourth quarter—the most ever in a quarter in its history, the company said.
Trump Announces $500 Billion AI Infrastructure Plan
The joint venture with OpenAI, SoftBank and Oracle aims to make sure that the U.S. will maintain its leadership in AI.
Circle Acquires Hashnote, Inks Partnership With DRW
The deal comes as Circle competes with Tether and a new crop of interest-bearing stablecoins.
ByteDance-owned CapCut Back Online in the U.S.
Despite President Trump’s pledges, the fate of ByteDance-owned apps in the U.S. is unclear.
Trump Revokes Biden Executive Order on Artificial Intelligence Safety
Biden’s directive would have required firms to share information about the safety and security of their AI models
Trump Signs Executive Order to Delay TikTok Ban For 75 Days
Trump threatens to impose tariffs on China if the country blocks a deal on TikTok.
Tech Executives Attend Trump’s Inauguration
Tech executives sat in prominent positions during Trump's swearing-in.
Instagram Launches Edits, Rival to ByteDance’s CapCut
Instagram had previously copied TikTok's most successful feature, vertical short videos.
TikTok Says It’s Temporarily Restoring Service on Sunday
TikTok said it’s working with its service providers to restore availability of its app on Sunday.
Trump Proposes Joint Venture Deal to “Save TikTok”
The president elect also plans to delay the enforcement of the TikTok ban so he can make a deal to allow the app to operate in the U.S.
TikTok Shuts Down in the U.S.
TikTok leaders are now pinning their hopes on Donald Trump finding a solution.
Trump Launches Memecoin Before Inauguration
The token, called TRUMP, rose to about $5 billion in market value within a day.
TikTok Shutdown Message to Sellers Was Wrong, Company Says
TikTok previously said it will "go dark" on Sunday.
TikTok Confirms It Plans To ‘Go Dark’ On Sunday
TikTok said it would be “forced to go dark” on Sunday, the deadline for a ban of the app to go into effect, confirming The Information's earlier reporting.
Amazon Pauses Drone Deliveries After Test Crashes
Two of Amazon’s newer delivery drones, known as the MK30, crashed during December test flights in Oregon, according to Bloomberg.
Meta to Break Up Civil Rights Team
Meta’s vice president of civil rights Roy Austin announced his departure last week, on the same day that the company ended many of its diversity efforts.
Sequoia, Paradigm Lead $150 Million Round for Phantom Wallet
The crypto wallet startup more than doubled its valuation to $3 billion.
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