CFPB Sues Zelle, JPMorgan, BofA, Wells Fargo For $870m Fraud Spree
The Consumer Financial Protection Bureau sued payments network Zelle and three of the banks that operate and own it.
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Amazon Has No New ‘James Bond’ Film Due to Clash With Family
A feature Bond film has not been released since 2021’s “No Time to Die.”
Netflix to Stream Next Two FIFA Women’s Soccer World Cups
Netflix has bought out all of the rights to the 2027 and 2031 FIFA Women's World Cups, a major expansion in its live sports strategy.
OpenAI Preps ‘o3’ Reasoning Model
Due to a potential copyright or trademark conflict with British telecommunications firm O2, OpenAI has considered calling the next update "o3" and skipping "o2."
Ōura Ring Raises $200 Million at $5.2 Billion Valuation
The round includes a strategic investment from glucose monitoring company Dexcom.
Google Releases AI Reasoning, Preps Chatbot in Search
Google on Tuesday released a new artificial intelligence model that aims to automate more complex tasks by spending a longer time processing a person’s instructions, known as reasoning.
Elon Musk Unexpectedly Joined Donald Trump-Jeff Bezos Dinner
It’s not the first time Musk has unexpectedly joined one of Trump’s meetings with a competitor.
Senior OpenAI Researcher Radford Departs
Radford had gained legendary status for being the lead author on the company’s seminal research paper on generative pretrained models, GPT.
Apple Criticizes Meta Over Interoperability Requests Under DMA
Apple warned that granting these requests ‘could enable Meta to read on a user's device all of their messages and emails.’
Chime Files Confidential Paperwork For IPO
Fintech banking startup Chime Financial has filed confidential paperwork for an initial public offering.
Apple in Talks With Tencent, ByteDance For AI Models in China iPhones
The talks come amid China’s tight rules over AI, which makes it challenging for foreign companies to operate their AI models without regulatory approval.
Workers Strike at Seven Amazon Facilities
The striking workers include some warehouse staff employed by Amazon, as well as delivery drivers that Amazon says are not its employees.
Apple Nears $1 Billion Deal with Indonesia to Lift iPhone Ban
While Apple’s sales in Indonesia are modest, the country’s status as the fourth most populous nation makes it a promising market for future growth.
Tencent Gives Up Epic Games Board Seats Over U.S. Antitrust Concerns
The Chinese gaming giant owns stakes in both Epic and rival Riot Games.
OpenAI Makes ChatGPT Available Through Phone, Text
The feature will help OpenAI reach more users, especially in international markets where WhatsApp is more popular.
Perplexity Acquires Startup That Paves Way for Enterprise Search
AI search startup Perplexity is aiming to take on Google, Snowflake and other search players by acquiring a startup that connects data from third-party apps.
Micron’s Shares Tumble On Weak Demand Expectations For Consumer Chips
Micron executives predict a decline in demand for its chips from its customers that make PCs and smartphones.
Warner Bros. Sets New Leadership Team for U.S. TV Business
Last week, WBD said it was reorganizing its operations into two units: one overseeing its streaming services and studios and another housing its TV networks.
Supreme Court to Take Up TikTok Ban Law
The court deferred a decision on TikTok's request for an injunction of the law until after oral arguments on Jan. 10.
Grammarly Buys Productivity Startup Coda, Names Founder as CEO
Coda’s founder, ex-Googler Shishir Mehrotra, will be Grammarly’s new CEO.
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.
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