Twilio CEO Jeff Lawson Steps Down As CEO
Lawson will be succeeded by company president Khozema Shipchandler, Twilio said in a statement.
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Carta CEO Acknowledges Protocol Breach in Linear Investor Sale Approach
Linear, which uses Carta to manage its cap table, complained that Carta had reached out to angel investors about selling their shares, without authorization.
Thrive in Talks to Raise $3 Billion
Thrive was active on a number of fronts last year, including on deals involving OpenAI and Stripe.
Microsoft Exec Deanna Templeton Fills OpenAI Board Observer Role: Report
Templeton has been responsible for coordinating aspects of Microsoft’s partnership with OpenAI over the past year.
Synopsys in Talks to Buy Ansys for $35 Billion
The deal could value Ansys at around $400 per share.
DOJ Nears Decision on Apple Antitrust Lawsuit
The DOJ is reportedly investigating how Apple locks out rivals from iMessage, among other issues.
Google Preps an Advanced Version of Its ChatGPT Rival
Currently, Bard uses Gemini Pro, Google's medium-sized Gemini large language model.
Summit Partners Halts Credit Investments
The investment firm has put credit investments on pause
Digital Media Firm Puck Appoints CEO
Puck has hired former Twitter, Meta and Refinery29 executive Sarah Personette as its CEO. It reportedly generated more than $10 million in revenue last year.
Coatue Management to Shutter London Office
Cannon, a partner at Index for four years before joining Coatue as a general partner in early 2022, is leaving the firm.
Global Venture Investments Fall to Six-Year Low
For the fourth quarter, investments in retail and fintech picked up.
Amazon Hires Disney Veteran to Lead Prime Video Ads
At Disney, Helfand oversawt ad sales across all the company’s interactive businesses, including Hulu, Disney+ and ESPN.
Design Startup InVision, Once Valued at $2B, Is Shutting Down
InVision raised $350 million from investors including Spark Capital and Goldman Sachs
Sequoia Capital’s Split From China Affiliate is Officially Complete
The split comes amid a growing geopolitical conflict between the U.S. and China.
OpenAI To Launch Chatbot Store Next Week
OpenAI first announced its upcoming GPT Store during its developer day last November.
SpaceX Accused of Unlawful Firings By Federal Agency
A hearing is scheduled with the National Labor Relations Board for March.
Peloton and TikTok Strike Content Partnership
The deal will house live classes and content from Peloton instructors in a hub on the TikTok app.
Microsoft Adds Copilot Key to Windows Keyboards for Summoning AI Assistant
Microsoft will debut the new key at the CES tech conference next week.
Electric Carmaker Fisker Drops Direct To Consumer Sales Model
Fisker has struggled to deliver its cars to customers, which are built in a factory in Austria and shipped to the U.S.
Mobileye Stock Plunges on Lower 2024 Revenue Projection
Mobileye said customers held "excess inventory" which would result in revenues falling this year by as much as 12%.
Weekday mornings
The Information AM by The Information Staff
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