Google Cloud Taps Software Veteran for COO Role
In the latest sign of Google Cloud's ascendance in the cloud industry, it now has a full-time chief operating officer overseeing its business.
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Microsoft Plans Company-Wide Performance Based Layoffs
The layoffs will be based on performance and will impact less than 1% of employees.
TikTok Shop Competitor Whatnot Boosts Valuation to $5 Billion
The livestreaming e-commerce app is poised for a boost in business if TikTok is banned Jan. 19.
Global Startup Investments Rebound While Number of Deals Fall
AI represents 46% of U.S. deals, or $97 billion
U.K. Parliament Committee Grills Shein and Temu Over Labor Issues
Shein’s “reluctance to answer basic questions” frustrated lawmakers.
Getty Buying Shutterstock for Around $1.35 Billion
The companies said the merger would provide more financial capacity for product investment and innovation.
Anthropic in Talks To Raise Funding at $60 Billion Valuation
The fundraise would more than triple the startup's valuation from around a year ago.
Trump: Emirati Firm to Spend $20 Billion on U.S. Data Centers
He said the first phase of the build out will involve building in Texas and Arizona, as well as several states in the Midwest.
ByteDance Releases Short Drama App Melolo
TikTok's parent company quietly launched a short drama app called Melolo.
Meta Platforms Shifting to Community Notes Fact Checking
Meta is explicitly following in the footsteps of Elon Musk's X, a far-reaching move with implications for the broader social media sector and advertising.
Tech Industry Raises Concerns Over Upcoming Chip Export Rules
The Semiconductor Industry Association suggests that the Biden administration hand over policymaking to Trump.
Tencent, CATL Added to Pentagon’s Blacklist
Both companies call the Department of Defense’s designation ‘a mistake.’
Nvidia Introduces Personal Supercomputer to Deploy AI Locally
The $3,000 supercomputer “sits on your desk” for local AI model development.
Salesforce Taps New Leader for AI Agents, Data Management
Salesforce's Agentforce and Data Cloud are two of its most important products, and now they have a new sales leader overseeing them.
Meta Adds Trump Ally Dana White, Two Others to Board
Meta's board of directors now has 13 members.
Google Slams Microsoft’s Bing for ‘Spoofing’ Google Search
Typing “Google” into Bing.com hides the Bing logo and brings up a graphic and search bar that looks similar to Google’s homepage.
Kevin O’Leary Joins Billionaire McCourt’s TikTok Bid
Celebrity investor Kevin O’Leary has signed onto billionaire Frank McCourt’s bid to buy TikTok.
Fed’s Top Banking Regulator Barr to Step Down
Barr’s decision opens the door for Trump to appoint another crypto-friendly bank regulator.
Uber Speeds Up Stock BuyBack
Uber shares had fallen 24% in recent months amid rising questions about the impact of self driving car robotaxis on ride-hailing firms.
Disney to Sell Streaming Cable Version of Hulu to FuboTV
The newly enlarged FuboTV, to be controlled by Disney, will be in a better position to compete with YouTube TV, a streaming version of cable TV.
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The Information AM by The Information Staff
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