Flexport Aims to Triple Revenue in 2024
The shipping startup will have to overcome a slump in freight rates to hit the ambitious target.
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Recent Editions
Tube Transport Startup Hyperloop One To Shut Down
The startup raised more than $450 million but never won a contract to build a working 'hyperloop'
Blue Origin, Others Make Buyout Bids For Rocket Maker ULA
ULA plans to launch its next generation Vulcan rocket on January 8.
Elon Musk’s X Suffers Major Global Outage
X, formerly known as Twitter, has had multiple outages since Musk bought the company last year.
Menlo Ventures to Lead $750 Million Anthropic Funding Round
The funding round comes weeks after Anthropic raised large rounds from Amazon and Google.
Apple Aiming to Sell Vision Pro in February
Apple has started mass production of the Vision Pro in China and recently told developers to get their apps ready for the product.
Warner Bros. Discovery and Paramount CEOs Discussed Potential Merger
Warner Bros. Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday. The topic of a potential merger came up.
One-Time Electric Scooter Darling Bird Files For Bankruptcy
Bird has raised more than $1 billion from venture capitalists before crashing in the public markets
Alibaba Replaces E-Commerce Chief Amid Slow Growth
The changes comes at a time when Alibaba's e-commerce dominance in China has been eroded by competitors like PDD and ByteDance.
Amazon Prepares to Shake Up AWS Sales Group
AWS, which has never revealed its headcount, has around 115,000 employees.
Google Plans Ad Sales Restructuring as Automation Booms
Some employees expect the changes to be announced next month.
Cybersecurity Firm Okta to Buy Startup Spera for Reported $100 Million
Spera was founded last year and had previously only just $10 million in seed funding.
Walmart Expands Affirm Partnership to 4,500 Stores
Affirm already has a large presence in e-commerce, including through an Amazon partnership. The Walmart deal helps Affirm increase its reach in physical stores.
Google to Pay $700 Million to Settle Play Store Litigation
Google will also allow Android developers to use alternative billing systems.
OpenAI Board Will Review New AI Models, Can Block Releases
OpenAI wants to show it's still adhering to its original mission.
Nikola Founder Trevor Milton Sentenced to 4 Years in Prison
MIlton had been convicted of one count of securities fraud and two counts of wire fraud.
Amazon Considers Investing in Regional Broadcaster Diamond Sports
Diamond has local rights to half of NBA and NFL matches, as well as one-third of NHL games.
Coupang Agrees to Acquire Farfetch, Loan it $500 Million
In recent months, Farfetch had been on the verge of bankruptcy as it struggled to make debt payments and the luxury goods market slowed.
Apple to Halt Sales of Some Watch Models in U.S. Due to Import Ban
The decision to halt some Apple Watch sales comes ahead of a deadline for the Biden Administration, which had 60 days to review and possibly veto the ban.
European Commission Opens Inquiry Into X
The regulator is examining whether X, formerly known as Twitter, breached the Digital Services Act related to how it deals with illegal content, among other things.
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