Blackstone, Vista Take Smartsheet Private for $8.4 Billion
The pending acquisition indicates that a lull in activity for buyout firms could soon ease.
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The Information AM
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Recent Editions
TikTok to Shut Down Its Spotify Competitor
TikTok is shutting down its music streaming service TikTok Music in November.
Microsoft to Spend $1.3 Billion in Mexico on Data Centers, AI
The announcement follows Microsoft’s disclosure of similar multibillion-dollar plans for new data centers across the globe in recent months.
Telegram Will Share User Info with Legal Authorities
The latest policy changes follow the arrest of CEO Pavel Durov.
Musk Intends to Let Blocked Users See Posts on X
The features are holdovers from Twitter’s anti-harassment efforts.
Microsoft Says 34,000 Engineers Are Working on Security After U.S. Government Criticism
The changes come after the US said a recent breach of Microsoft’s systems by Chinese hackers was the result of Microsoft’s “avoidable errors.”
Anthropic Discusses New Funding at $40 Billion Valuation
Anthropic may end up using an investment bank to help broker the round.
Coinbase Hires Citadel Securities General Counsel for Legal Team
Ryan VanGrack joins as vice president of litigation at the crypto exchange
U.S. to Propose Rules Banning Chinese Vehicle Software
The Biden administration had probed national security risks for connected vehicles.
Zoom to Scale Back Employee Stock Grants
Zoom's announcement follows similar moves by enterprise software firms Salesforce and Workday
Qualcomm Approached Intel About a Takeover
The approach follows Intel’s statements that it was looking at numerous options to turn around its flagging chip design business and money-losing chip manufacturing unit.
Microsoft Deal Will Reopen Three Mile Island Nuclear Plant to Power AI
Cloud providers like Microsoft and Amazon are scrambling for power and data centers to handle Nvidia chip servers used to develop and run AI.
Disney Reportedly Will Drop Slack After Data Breach
It’s a blow to Slack owner Salesforce, which featured Disney prominently in announcements at its Dreamforce conference this week.
TikTok’s Global Head of Marketing to Depart
Zenia Mucha, the ex-Disney exec who is running communications, will absorb her role.
Zuckerberg and Other CEOs Ask EU to Change Data Privacy Rules For AI
Meta and others sense an opportunity to weaken GDPR.
Axel Springer Splits in Two
Axel Springer CEO Mathias Dopfner said the restructuring would help both sides grow faster.
EU to Warn Apple to Further Open Up iPhone Software to Developers
The EU would stop short of launching a more formal probe and would instead just warn Apple that it needs to open up the iPhone’s features to developers.
Runway Will License Lionsgate Films
The deal follows the model that AI companies have used to license text from publishers.
EU Overturns Google Antitrust Fine on Adtech Practices
It's a rare win for Google in a period of recent antitrust challenges.
Seven of 23andme’s Eight Directors Quit
The directors said they differed “on the strategic direction” with Wojcicki, who has voting control.
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