EU Seeks Breakup of Google’s Adtech Business
The European Commission alleges that Google illegally abused its dominance in digital advertising.
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Recent Editions
Music Publishers Sue Twitter for Copyright Infringement
Unlike other social media companies, Twitter has no agreement in place to license copyrighted songs.
Databricks Sales Topped $1 Billion Last Year
Ali Ghodsi, Databricks' CEO, said the company wasn't in a hurry to go public as it invests in new products that it can sell to companies working on AI.
Walmart+ Leader Departs as Competition With Amazon Prime Heats Up
Chris Cracchiolo, an American Express veteran, led the program for two years.
Silicon Valley Law Firm Orrick Lays Off 90, Delays Start Dates
Move is the latest in a wave of cuts and delays for Silicon Valley-based law firms.
Stitch Fix Taps Macy’s and Walmart Vet As New CEO
Matt Baer will be tasked with turning around the struggling online styling service.
Cloudera’s CEO Says He Will Leave
In a town hall meeting, Rob Bearden didn't say who will replace him as CEO of the data management software maker.
AI Startup Mistral Raises Over €105 Million in Seed Round
The funding round for the startup, which hasn’t launched a product, highlights the intense investor interest in generative AI.
AWS Outage Appeared to Affect Delta, McDonald’s and Others
Companies from Shutterfly to Webflow say they are experiencing problems from the outage.
Shopify’s Deliverr U-Turn Started Six Months After Acquisition
The e-commerce giant’s quest to compete more closely with rival Amazon was marked by costly investments and tech that failed to deliver.
Microsoft CFO Says OpenAI and Other AI Products Will Add $10 Billion in Revenue
But she didn’t say how much they would cost.
Reddit CEO Tells Employees To Ignore Blowback
Reddit CEO Steve Huffman addressed the criticism of the company’s increased API pricing in a memo to staff
EToro to Delist Four Tokens for U.S. Customers After SEC Sues Exchanges
The SEC’s lawsuits against Coinbase and Binance contained allegations that the tokens are securities.
Ex-Samsung Employee Accused of Stealing Chip-Making Secrets for China
The indictment ratchets up the confrontation between the U.S. allies and Beijing over semiconductors, which have become a national security issue.
TCV Misses $5.5 Billion Fundraising Goal, Filings Show
TCV joined Insight and Tiger in raising less money than expected for its new fund.
Google Reportedly Will Face EU Antitrust Complaint Over Advertising Business
The European Union’s competition watchdog will reportedly bring a formal complaint against Google as soon as Wednesday.
Oracle Confirms Cohere Deal, Says AI Startups Will Buy $2 Billion in Cloud Services
The company confirmed The Information’s story from last week.
Salesforce Launches AI Software, Starting at $360,000 Per Year
The tools will become available between this month and October.
Twitter Sends First Comms Email Since Takeover
The email, Linda Yaccarino's first all-staff communication since taking over as chief executive last week, was forwarded to some reporters by Yaccarino's first business hire.
FTC to Sue Microsoft to Block $69 Billion Activision Deal: Report
Microsoft President Brad Smith said the company welcomes the lawsuit because it would speed up the legal process to close the deal.
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