Perplexity Says Google Deals Hindered Distribution
DuckDuckGo CEO Gabriel Weinberg also testified about how the government’s proposed remedies could benefit his company’s search engine.
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Tether, Softbank, Cantor Launch Bitcoin Investing Vehicle
Twenty One Capital, a new entity, will raise additional capital to buy bitcoin.
Neuralink Raising $500 Million at $8.5 Billion Valuation
The brain-computer interface company wants to sell implantable devices that could help people, including those who are paralyzed, control computers directly from their brain.
Google’s Gemini User Numbers Revealed in Court
Google's Gemini badly lags OpenAI's ChatGPT and, at least last fall, Meta Platforms.
ChatGPT is Cannibalizing Google Search but Not on Shopping
Google's ad chief believes "writing is on the wall" that Google search queries that generate ad revenue will be cannibalized.
Amazon Struggling to Scale Up Kuiper Satellite Production
Despite a Federal Communications Commission deadline of July 2026 to deploy more than 1,600 satellites, Amazon has produced just a few dozen satellites so far.
EU Fines Apple and Meta for Breaching Digital Competition Law
The two tech giants are the first companies to be fined under the region’s Digital Markets Act.
OpenAI Ex-Employees Ask Attorneys General to Block OpenAI Conversion
The letter argues that the nonprofit must maintain control over OpenAI’s business to fulfill its mission.
Intel Plans to Cut More Than 20% of Staff
The struggling U.S. chip giant is trying to turn around its business under its new CEO Lip-Bu Tan.
Sam Altman Steps Down From Nuclear Power Startup
Altman’s move could help him avoid a conflict of interest.
Sales Fall Drags Down Tesla’s Profit 66%
Tesla said it was on track for a June launch of its robotaxi service in Austin.
U.S. Plans to Push India to Give Amazon and Walmart Market Access
While Indian e-commerce firms produce and sell their own goods, U.S. firms in the country are only allowed to operate marketplaces where outside sellers list their products.
Northrop Grumman Taps Ex-Microsoft Manager to Lead AI Programs
In their search for AI talent, firms that work with government agencies are increasingly looking to hire seasoned managers from private sector companies.
Cookies will keep tracking users on Chrome, Google says
Google has ended a more than five year effort to bring privacy changes to advertising on the web
Instagram Co-founder Testifies in Meta Antitrust Trial
Instagram could have grown independently without an acquisition by Meta, Instagram co-founder Kevin Systrom said during his testimony.
Google Rebuffed OpenAI Request to Access Search Data
The judge hearing Google's search case signaled his support for requiring Google to share data with other companies.
Washington Post Signs Licensing Deal with OpenAI
OpenAI has struck content licensing deals with more than 20 publishers.
OpenAI, Meta and Microsoft Approach Samsung About AI Deals on Phones
Before Google lost the antitrust case last year, it was considering requiring phone makers to preinstall Gemini alongside Search and Chrome.
Crypto Companies BitGo, Coinbase Eye Bank Licenses
Getting a bank charter could pave the way for crypto firms to take deposits.
Amazon’s Anthropic Challenges Spell Opportunity for Google
Amazon Web Services can typically address any needs that customers have, but serving Anthropic models has been a challenge.
Weekday mornings
The Information AM by The Information Staff
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