Top TikTok North American Ad Sales Exec to Depart
Sameer Singh, who oversaw ad sales for North America at TikTok, is departing as TikTok braces for a hearing at the U.S. Supreme Court on Jan. 10.
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Shutterstock and Getty Images Consider Merger
The merger signals that the two photo-licensing sites are looking to consolidate and cut costs to fight the impact of AI-powered image creation.
Amazon Strikes Warrant Deal With Electronics Manufacturer Jabil
Jabil has previously disclosed that Apple and Amazon have been among its largest customers.
Microsoft to Spend $80 Billion on Datacenters This Year
The investment is a sharp increase from the $53 billion Microsoft spent on capital expenses the year prior.
Tether’s General Counsel Stuart Hoegner Retires
Hoegner will be succeeded by Michael Hilliard, who co-led legal affairs with him.
TikTok Knew About Child Safety, Money Laundering Issues, Utah AG Claims
The newly unsealed lawsuit comes as TikTok faces a possible ban in the U.S.
Several California AI Laws Go Into Effect
The bills primarily target AI-generated deepfakes.
Carvana Shares Drop 2% After Hindenburg Allegations
The family that controls the company deny the allegations.
Thiel Nonprofit Focused on Longevity, Defense and Political Philosophy in 2023
Peter Thiel’s nonprofit focused its 2023 giving on longevity research, defense and political philosophy
Meta Appoints Republican Joel Kaplan to Lead Global Affairs
Kaplan, Meta's most prominent Republican, will take over from Nick Clegg.
Cybertruck Exploded in Las Vegas Contained Gas Canisters, Fireworks
The Las Vegas police have videos of the truck's driver from Tesla charging stations.
Nasdaq Composite Rises 31% for Year as Nvidia’s Stock Triples
The increase reflects a good year for tech stocks, especially for companies like Nvidia with exposure to the AI boom.
Alibaba Cuts Pricing for Top Vision Language Model by 85%
This is the second time Alibaba's cloud unit has reduced LLM pricing this year, a sign of the growing competition for AI business among Chinese tech providers.
Accel Raises $650 Million to Invest in Indian Startups
Palo-Alto based Accel recently raised $1.35 billion for its latest growth fund.
Netflix’s NFL Games Drew Millions of Additional Viewers Overseas
As much as 5 million additional Netflix viewers tuned into the streaming giant's live telecasts of two NFL games on Christmas Day.
US Army Soldier Charged With Cybercrimes Related to AT&T, Verizon Hacks
The arrest is the latest development following a cybercrime spree stemming from a hack into Snowflake's sytstems earlier this year.
Volkswagen Unit Leaks Cloud Data From 800,000 EV Owners
The data from Cariad, a Volkswagen subsidiary that develops automotive software, included personal and geolocation data that could be used to track drivers.
Venezuela fines TikTok $10 million over Deadly Viral Stunts
TikTok has faced scrutiny in the past over dangerous trends that spread on the app.
U.S. Expands Lawsuit Against Fintech Dave, Adding CEO
Banking fintech Dave allegedly misled customers and charged hidden fees in lawsuit that has been expanded to company’s CEO Jason Wilk.
Weekday mornings
The Information AM by The Information Staff
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