BuzzFeed Q4 Revenue Fell 20%, Execs Talk Up New App
The revenue decline was driven by a drop in ad revenue. BuzzFeed is also investing $10 million in a new AI-based social media app.
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Salesforce Mulls Pricing Changes for AI Agents
Salesforce has already signed up more than 3,000 paying customers for its AI agents software, and now it's considering changes to get more customers to buy it.
Comcast Extends Olympics Sports Rights Deal for $3 Billion
The new deal includes the 2032 Winter Olympics and the 2034 Summer Olympics and is crucial as Comcast seeks to grow its streaming and advertising businesses.
Trump Family Held Deal Talks With Binance.US
Changpeng Zhao has been pushing for a pardon from Trump, WSJ reported.
Alibaba to Revamp Quark AI Search App
The move is the Chinese tech giant’s latest effort to beef up its AI offerings for consumers in China.
FTC Continues Microsoft Antitrust Probe Under Trump
The move indicates that FTC commissioner Andrew Ferguson, a Trump appointee, is carrying on a probe opened under the previous administration.
FTC Withdraws Request for Delay in Amazon Prime Case Due to Staffing Issues
“There is an extremely severe resource shortfall in terms of money and personnel,” an FTC lawyer said.
Intel Stock Soars On New CEO Pick, Lip-Bu Tan
The struggling chipmaker's CEO pick comes after a months-long search led by its board of directors following former chief executive Pat Gelsinger's departure.
Google Announces Robotics AI Models
Google's announcement comes amidst a surge of interest in applying AI to build general purpose robots that can complete a range of tasks
Niantic Sells Games Business to Scopely for $3.5 Billion
Niantic will spring out a new company, Niantic Spatial, to focus on AI and maps.
Binance Raises $2 Billion From Abu Dhabi’s MGX
MGX is taking a minority stake in the world’s biggest crypto exchange.
Wonder Acquires Media Company Tastemade for $90 Million
Marc Lore said the acquisition will help Wonder, which also owns Grubhub and Blue Apron, become an artificial intelligence-driven “super app” for food.
AI Agent Manus Partners With Alibaba to Serve Users in China
The partnership with Alibaba will enable Manus to offer its AI agent in China in compliance with local regulations.
TSMC Pitches Intel Foundry Joint Venture to Nvidia, AMD and Broadcom
The Trump administration is still pushing TSMC to back Intel’s chipmaking business even after the Taiwanese firm pledged a $100 billion investment in the U.S.
OpenAI Releases Tools For App Developers Building ‘Agents’
These tools will help developers make agents that can search the web, cite websites, search company files and more.
Anthropic Reaches $1.4 Billion in Annualized Revenue
The company recently released a new reasoning model, Claude 3.7, and Claude Code, a coding assistant.
Oracle Projects Faster Revenue Growth Due to AI Data Centers
CEO Safra Catz also said she expects revenue to grow 20% in the fiscal year that ends May 2027 due to a backlog of AI server deals.
OpenAI Signs $12 Billion Deal With CoreWeave, Will Get Equity Stake
As part of the cloud deal, OpenAI will also get a stake in CoreWeave expected to be worth $350 million when the company goes public.
Amazon Prime Video to Stream Trump’s Old TV Series ‘The Apprentice'
Amazon founder and executive chair Jeff Bezos has been seeking to strike a friendlier relationship with the current president.
Rocket to buy Redfin for $2.4 billion
The deal follows a period of stagnation for Redfin, whose revenue shrank in 2023 before recovering a little last year.
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