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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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Recent Editions

Briefing

Amazon Pilots Grocery Delivery Subscription Fee

Dec 7, 2023 · 2:27pm PST
The company is offering unlimited deliveries on orders over $35 from Whole Foods and Amazon Fresh to Prime members who pay an extra $9.99 per month. 
Briefing

Meta Launches End-To-End Encryption as Default on Messenger

Dec 7, 2023 · 2:16pm PST · 1 comment
The National Center for Missing & Exploited Children said in a blog post that Meta's decision was a “devastating blow to child protection."
Briefing

Tesla Autopilot Hardware and Dojo Head Leaves Company

Dec 7, 2023 · 10:25am PST
Ganesh Venkataramanan left Tesla last month.
Briefing

Amazon Dropping Venmo as a Payment Method

Dec 7, 2023 · 8:33am PST
The decision is a blow to Venmo owner PayPal’s efforts to broaden the app’s usage beyond payments between friends.
Briefing

Data Center Startup Omniva Emerges From Stealth

Dec 6, 2023 · 6:34pm PST
Omniva wants to lower the cost of developing artificial intelligence software by designing more efficient data centers for servers that contain AI chips.
Briefing

SpaceX Valuation Could Surge 17% in New Tender Offer

Dec 6, 2023 · 3:26pm PST
The size of the offer and other terms haven't been finalized.
Briefing

AMD Holds Launch Event for AI Chips that Challenge Nvidia

Dec 6, 2023 · 2:02pm PST
Some of the biggest customers for AMD's new graphics processing units also buy Nvidia’s chips.
Briefing

OCC Warns Banks of Risks Associated with BNPL Loans

Dec 6, 2023 · 1:54pm PST
Federal regulators have stepped up their scrutiny of the relationships between banks and fintech firms.
Briefing

Index Partner Mark Goldberg Leaves to Start Fund

Dec 6, 2023 · 1:01pm PST
Goldberg, who started at Index in 2015, co-led the firm’s investment in Plaid’s 2018 Series C round.
Briefing

Bank CEOs Rail Against Capital Rules Before Congress

Dec 6, 2023 · 9:44am PST
U.S. banking executives laid out their arguments to a Senate committee on Wednesday on why proposed rules to force them hold more capital would backfire.
Briefing

New Mexico Lawsuit Accuses Meta of Creating ‘Marketplace for Predators'

Dec 6, 2023 · 8:19am PST
The suit, filed Tuesday, comes after a similar action was filed by a group of state attorneys general earlier this year.
Briefing

ByteDance Offers to Buy Back $5 Billion Worth of Shares From Investors

Dec 6, 2023 · 1:12am PST
The offer values ByteDance at $268 billion, down nearly 10% from the $300 billion valuation in a similar buyback program for investors last year.
Briefing

Boston-based Venture Firm Abruptly Stops New Investments, Cuts Staff

Dec 5, 2023 · 10:32pm PST
The firm is one of the most vivid examples of the strains on the venture capital industry.
Briefing

Another Activist Investor Calls for Disney to Add Nelson Peltz to Board

Dec 5, 2023 · 2:31pm PST
Ancora, a Cleveland-based firm, said Disney should add Nelzon Peltz to its board after the activist investor said he plans to mount a proxy battle.
Briefing

Rent the Runway Restructures Debt For Second Time In 2023

Dec 5, 2023 · 2:30pm PST
The clothing rental firm has struggled to boost subscriber numbers this year.
Briefing

Amazon Slashes Seller Fees on Cheap Apparel

Dec 5, 2023 · 1:08pm PST
The move coincides with mounting competition from discount online clothing retailers like Shein and Temu. 
Briefing

IPO Candidate Navan Lays Off 145 in Profitability Push

Dec 5, 2023 · 11:59am PST
The job cuts come as the eight-year-old company prepares to go public.
Briefing

Musk’s X.AI to Raise $1 Billion 

Dec 5, 2023 · 11:56am PST
The artificial intelligence startup disclosed its fundraise in an SEC filing.
Briefing

TikTok Nears Deal to Revive E-Commerce Service in Indonesia

Dec 5, 2023 · 10:56am PST
TikTok's partnership with Indonesia's GoTo comes after the country's new regulation forced the video app to halt its e-commerce service.
Briefing

Bitcoin Bump Boosts Robinhood Crypto Trading

Dec 4, 2023 · 2:57pm PST
Rough math suggests the company’s crypto trading was the highest it’s been since Nov. 2022.
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
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