Netflix Plans to Build Its Own Advertising Technology Platform
Netflix also said it has 40 million monthly active global users for its ad-supported tier. However, it has not disclosed how many subscriptions the tier has.
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Chime Adds Early Paycheck Cashouts to Boost Growth
Fintech banking startup Chime is launching a new cash advance product that allows customers to access up to $500 of their wages.
Microsoft’s AI Push Is Jeopardizing its Pledge to Go Carbon Neutral by 2030
The disclosure shows how energy-hungry the AI boom is proving to be.
Billionaire Frank McCourt Plans U.S. TikTok Bid
Frank McCourt, the billionaire former Los Angeles Dodgers owner, is the latest trying to organize a consortium to buy TikTok's U.S. operations.
Netflix to Stream Christmas Day NFL Games for Three Years
Netflix's deal with the NFL marks a notable expansion in the streaming giant's live sports strategy as the NFL adds another major media rights partner.
OpenAI’s Chief Scientist, a Former Foe of CEO Altman, Resigns with Key Ally
The resignations come after months of speculation Sutskever's future at the company.
White House Lifts Tariffs on China Electric Vehicles
Biden also announced higher chip tariffs in a move seen as countering presidential rival Trump.
Google Expands AI-Generated Search Responses
Google said Tuesday that more search users in the U.S. will encounter AI-powered results soon, and it plans to bring the feature to other countries.
TikTok Creators Sue Over Potential U.S. Ban
TikTok creators sued the U.S. government on Tuesday over the new law forcing a sale or ban of the short-form video app.
AWS CEO Adam Selipsky to Step Down, Replaced by Sales Chief Matt Garman
Garman, who reorganized his 60,000-person organization earlier this year, has long been a top cloud CEO candidate.
Alibaba’s Global E-Commerce Grows But Core Businesses Remain Sluggish
The Chinese tech giant has struggled to convince investors that its domestic e-commerce and cloud computing businesses can find new engines for growth.
Tencent’s Strong Ad Business Boosts Profits
The Chinese tech giant cited a notable increase in spending by advertisers in gaming, internet services and consumer goods sectors.
OpenAI Hires Former Google Search Ads Leader
The move coincides with OpenAI's development of a search engine.
Cruise Cofounder Kyle Vogt Raises $150 Million For New Robot Startup
The Bot Company will build technology to handle chores.
Serena Ventures Shakes Up Management
Founding partner Stillman has departed, FirstMark’s Ferreira joins
Google Cloud Accidentally Deleted Pension Fund’s Data
The cloud computing provider inadvertently cut off a pension fund’s customers.
Tesla Rehires Some Fired Members of Supercharger Team
CEO Elon Musk said last week the company would spend more than $500 million to grow the network this year.
BuzzFeed Q1 Revenue Fell 18%
The company said it's also starting to see growth in people visiting its websites directly and automated ad revenue generated by that traffic.
Squarespace Agrees to Permira Buyout for $6.9 Billion
The web design firm's shares rose 13% on the announcement of the proposed deal, which includes participation from investment firms General Atlantic and Accel.
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