Max Altman Targets $200 Million in New Fund
Max Altman is teaming up with two seasoned entrepreneurs to raise around $200 million for seed-stage startups
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The Information AM
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
Representatives Probe X’s Election Integrity Team Cuts, Following Information Report
Congressperson Adam Schiff and six other members of Congress sent a letter to Elon Musk on Wednesday, asking for information on X’s election integrity capabilities.
Microsoft, AWS Cloud Businesses Targeted by UK Antitrust Probe
The antitrust regulator said its investigation will conclude in April 2025.
U.S. Startup Investments Drop to 2018 Low
U.S. venture capital investments fell 30% in the third quarter to $32.7 billion
Meta Launches Generative AI Products for Advertisers
Meta joins other big tech companies like Microsoft incorporating generative AI into offerings for core customers.
Google Overhauls its Mobile Voice Assistant with Bard AI Chatbot
The moves show how cutting edge artificial intelligence known as large language models is already finding its way into consumer devices.
Flexport Exits Continue as CEO Ryan Petersen Overhauls Top Ranks
At least 10 executives have left the company or been fired since Petersen returned as CEO.
GM’s New CTO Leaves After One Month
Gil Golan's departure follows publication of a profile by The Information.
Elon Musk’s X May Introduce Shopping in Direct Messages
X owner Elon Musk and CEO Linda Yaccarino are turning to shopping and sports to turn around the business of the social network previously known as Twitter.
SBF Trial Kicks Off With Opening Statements, First Witnesses
Prosecutors focused on allegations that Sam Bankman-Fried stole customer funds and the former FTX CEO’s defense argued he always operated in “good faith.”
Google Critic Luther Lowe Joins Y Combinator
Lowe pursued a long-running anti-trust crusade against Google and other large tech companies,
Anthropic Seeks $2 Billion in New Funding
The deal talks are happening days after Amazon invested in the OpenAI rival.
Amazon Used ‘Nessie’ Algorithm to Raise Prices
Amazon used the algorithm to make price increases on items and monitor whether competitors matched them, according to the Wall Street Journal.
Chainalysis Lays Off 15% of Staff
The firm is trying to sell more to the public sector after demand from private companies for blockchain data services plunged.
Netflix’s Ad Sales Chief Jeremi Gorman Is Leaving Company
Jeremi Gorman is out at Netflix, replaced by veteran Netflix executive Amy Reinhard. Peter Naylor, Gorman's no. 2, will remain at the company.
Campbell Brown to Leave Meta
Brown joined Meta in 2017 to lead Meta’s news partnerships team.
Meta Proposes $14 Subscription Fee for Ad-Free Instagram and Facebook
Meta reportedly detailed the plan to regulators in Ireland and Brussels in September.
TikTok Halts E-Commerce Service in Indonesia After Government Ban
The major setback in Asia is likely to increase pressure on TikTok's efforts to expand into the U.S. e-commerce market.
TiKTok-Parent ByteDance Generated Nearly $7 Billion in Cash
The company is also buying back stock from employees at a price that implies a valuation of about $223 billion.
Instacart, Facing Slowing Growth, Sees Stock Drop Sharply
Instacart's parent company saw its second-worst day since going public Sept. 19.
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