Trump Proposes Joint Venture Deal to “Save TikTok”
The president elect also plans to delay the enforcement of the TikTok ban so he can make a deal to allow the app to operate in the U.S.
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Recent Editions
TikTok Shuts Down in the U.S.
TikTok leaders are now pinning their hopes on Donald Trump finding a solution.
Trump Launches Memecoin Before Inauguration
The token, called TRUMP, rose to about $5 billion in market value within a day.
TikTok Shutdown Message to Sellers Was Wrong, Company Says
TikTok previously said it will "go dark" on Sunday.
TikTok Confirms It Plans To ‘Go Dark’ On Sunday
TikTok said it would be “forced to go dark” on Sunday, the deadline for a ban of the app to go into effect, confirming The Information's earlier reporting.
Amazon Pauses Drone Deliveries After Test Crashes
Two of Amazon’s newer delivery drones, known as the MK30, crashed during December test flights in Oregon, according to Bloomberg.
Meta to Break Up Civil Rights Team
Meta’s vice president of civil rights Roy Austin announced his departure last week, on the same day that the company ended many of its diversity efforts.
Sequoia, Paradigm Lead $150 Million Round for Phantom Wallet
The crypto wallet startup more than doubled its valuation to $3 billion.
U.S. Moves to Restrict Trade ‘Loophole’ Used by Temu and Amazon
It means companies like Temu, Amazon and Shein that had been dodging tariffs by shipping goods directly to U.S. shoppers from China would have to start paying tariffs.
Supreme Court Upholds Law That Would Ban TikTok on Sunday
The Supreme Court on Friday upheld a U.S. law that forces TikTok to cut ties with its Chinese parent ByteDance or face a ban.
FTC Says Snap’s AI Chatbot Could Harm Users, Refers Case to Criminal Prosecutors
The FTC alleged the company’s AI chatbot poses “risks and harms to young users of the application” and that Snap “is violating or is about to violate the law.”
Amazon Lays Off 200 Employees in North America Stores Division
The division includes a wide variety of teams working on everything from fashion and fitness products to private brands.
Senior Microsoft Infrastructure Executive Kahn to Depart
Kahn played a key role in the development of the supercomputers that Microsoft has built for OpenAI.
Microsoft CEO Nadella Met with Trump and Musk on AI Data Centers, Security
Microsoft is hoping Trump will loosen regulations in order to make it easier for Microsoft to build and power data centers.
Microsoft Adds AI to Office Apps, Raises Price 30%
Existing customers will have the option to keep their current subscription without getting the Copilot features.
eToro Files Confidentially for U.S. IPO
The company is seeking a valuation of more than $5 billion, FT reported.
Rokt Valued at $3.5 Billion in Secondary Deal, Targets 2026 IPO
The e-commerce software maker was last valued at $1.6 billion in late 2021.
Jeff Bezos’ Blue Origin Launches New Rocket to Orbit
The first flight of its New Glenn rocket successfully delivered its payload to orbit.
Coinbase Reintroduces Bitcoin-Backed Loans to U.S. Customers
Customers can borrow USDC stablecoins with their bitcoin holdings.
Ex-Binance.US CEO Launches Stablecoin-Focused Startup
1Money, a decentralized payments network, raised over $20 million in funding.
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