Crypto Companies BitGo, Coinbase Eye Bank Licenses
Getting a bank charter could pave the way for crypto firms to take deposits.
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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.
Google Used Search Data to Train AI Models
The government argues that Google is using its dominance in search to buttress its AI products.
FTC Sues Uber, Alleging Deceptive Billing Practices
The commission says that the company’s subscription service is not easy enough to cancel.
Judge Questions Chrome Divestiture Idea
The judge signaled support for the government's proposal that Google have to share some search data with rivals.
Google’s Gemini Contracts Repeat Search Moves, Government Says
The government said an OpenAI representative will testify about the ChatGPT firm's difficulties in competing with Google on distribution.
Tesla Delays Production of Affordable SUV
The delay could push back release of the new model and add to pressure on Tesla's sales.
Regulators Approve Capital One’s Discover Acquisition
The approval signals a more favorable environment for bank mergers under the Trump administration.
DHgate, Taobao U.S. App Downloads Climb
Recent viral videos claimed the shopping apps could offer cheap versions of luxury goods.
Judge Halts CFPB Layoffs, Again
A federal judge halted agencywide job cuts at agency a day after employees at the agency received termination notices that would have cut 90% of staff.
Netflix Co-CEO’s 2024 Compensation Packages Surpass $60 Million
Ted Sarandos and Greg Peters both received a bump in their 2024 pay packages, though much of their pay is tied up in grants that will vest over multiple years.
Uber in Talks to Buy Turkish Food Delivery Platform Trendyol Go
Uber recently abandoned a plan to buy a food delivery app in Taiwan.
In 2020, Instagram Projected Billions in Lost Revenue to TikTok
In 2020, Instagram also expected time spent on its feed and Stories to fall short of projections prepared a year earlier, according to a document shown in court on Thursday.
Netflix Posts Strong Q1 as Reed Hastings Transitions to New Board Role
Co-founder Reed Hastings is transitioning from executive chairman to chairman of the board and non-executive director, signaling he's stepping back even more.
OpenAI Held Acquisition Talks with Owner of Coding Assistant Cursor
Acquiring a coding startup could help OpenAI gain access to more developer customers and more data to train its AI models on.
Meta Former COO Sandberg Testifies on Value of Ads
Meta is trying to undercut the government's antitrust case by pointing to competition in the ad market.
Court Rules Google Breached Antitrust Law in Ad Tech
Google will likely be forced to dismantle much of its ad tech business.
Nvidia Is Willing to Deepen its Presence in China, CEO Says in Beijing
Huang’s visit came days after the U.S. government banned more Nvidia chip sales to China.
TSMC: No Customer Behavior Changes Yet After Tariffs
The Taiwanese chipmaker said expansion in the U.S. would reduce its profit margin.
Congressional Committee Calls for Tougher Export Controls In Light of DeepSeek
The Select Committee on the Chinese Communist Party also sent a letter to Nvidia demanding answers to how some advanced AI chips ended up powering DeepSeek’s models
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