Founder of Sheertex Tights Maker Steps Down as Startup Looks for Lifeline
The company had sunk capital into bringing more of its manufacturing in-house to lower costs.
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Recent Editions
Cerebras IPO Delayed Again
The delay is the latest complication for the chipmaker’s IPO ambitions.
Napster Sells for $207 Million to VR Company
The new owner hopes to make a metaverse with streaming music.
European Firms Mulling Alternatives to U.S. Cloud Providers
European customers of U.S. cloud providers are wary about data privacy and security under the second Trump administration, but moving data and applications isn't easy.
U.S. TikTok Bidders Discuss Cloud Support from Microsoft, Google
Some of TikTok’s interested bidders are talking to major cloud providers to make sure they can keep the app running.
Samsung Electronics Co-CEO Dies of Heart Attack
The South Korean company said Jun Young-Huyn would become the sole CEO after being appointed as co-CEO last year.
Alibaba’s Joe Tsai Warns of AI Data Center “Bubble”
Tsai cautions some AI infrastructure being built without having customers lined up yet.
TikTok’s Blake Chandlee Latest Executive To Exit
TikTok executive Blake Chandlee is the latest senior leader to exit the company.
Onavo Co-Founder Roi Tiger Works on New Cybersecurity Startup
The startup has already raised a seed round from Index, Sequoia.
23andMe Files For Bankruptcy
Co-founder Anne Wojcicki said she will be a bidder for the company's assets.
OpenAI Considers Price Cut for ChatGPT in India
India is OpenAI’s second biggest market by users.
Apple Watch May Get Cameras in AI Push
The company hopes the cameras into a true AI wearable.
U.S. Investors Exploring TikTok Deal With Oracle
Oracle and existing ByteDance investors could work together to keep TikTok alive in the U.S.
Coinbase in Talks to Acquire Crypto Options Exchange Deribit
A deal would give Coinbase a big boost in the lucrative crypto derivatives market.
Yahoo Sells TechCrunch to Investment Firm
Yahoo has sold the tech news site TechCrunch to an investment firm called Regent, which also recently acquired websites such as PCWorld and Macworld.
Perplexity in Talks to Raise at $18 Billion Valuation
The AI search tool was last valued at $9 billion three months ago
ServiceTitan Rival BuildOps Mints $1 Billion Valuation
The company raised roughly $120 million in a round led by Meritech Capital.
Regulator Orders 46,000 Cybertrucks Recalled
Recall affects nearly all Cybertrucks made since November 2023
Weekday mornings
The Information AM by The Information Staff
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