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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

Recent Editions

Briefing

OpenAI Sells GPT-4 Access to Developers

Mar 14, 2023 · 11:00am PDT
OpenAI is selling access to GPT-4 through an API that lets developers use it in their own software.
Briefing

Meta Platforms to Cut 10,000 Jobs, Zuckerberg Says

Mar 14, 2023 · 6:52am PDT · 1 comment
The cuts are the second in five months, part of what Zuckerberg calls Meta's Year of Efficiency.
Briefing

Qualtrics Accepts Silver Lake’s $12.5 Billion Buyout Bid

Mar 13, 2023 · 3:29pm PDT
Shares of Qualtrics, which sells software for analyzing customer and employee sentiment, have been hit hard by concerns over profitability.
Briefing

Most of BuzzFeed’s Cash Was at SVB

Mar 13, 2023 · 2:11pm PDT
BuzzFeed's disclosure shows how vulnerable the digital media firm was to SVB's failure.
Briefing

Amazon and Rivian Consider Ending Exclusivity Agreement

Mar 13, 2023 · 10:50am PDT
Rivian initiated the talks after Amazon said it plans to buy around 10,000 electric vans this year.
Briefing

Tesla Relaunches Powerwall Sales

Mar 13, 2023 · 7:59am PDT
Tesla stopped selling the Powerwall outside of bundles in 2021
Briefing

FDIC Taps Former Fannie Mae CEO as Chief of SVB ‘Bridge Bank’

Mar 13, 2023 · 5:04am PDT
FDIC will open the bank on Monday with normal operations while it continues to run a sale process.
Briefing

HSBC to Buy Silicon Valley Bank’s U.K. Subsidiary

Mar 13, 2023 · 2:33am PDT
The bank is buying the unit for 1 pound, the Bank of England said in a statement, as it sought to assure continuity for local startups.
Briefing

U.K. Plans to Ban TikTok From Government Devices

Mar 13, 2023 · 12:29am PDT
The U.K.'s decision would follow similar moves earlier by the U.S., Canada and the European Union’s executive branch. 
Briefing

First Republic Secures Additional Liquidity From Fed, JPMorgan

Mar 12, 2023 · 6:01pm PDT
Bank says it now has more than $70 billion of unused liquidity to fund operations.
Briefing

U.S. Moves to Fully Backstop SVB, Signature Depositors

Mar 12, 2023 · 4:28pm PDT
Regulators aim their moves at stemming panic in the financial system.
Briefing

Regulators Shut Signature Bank

Mar 12, 2023 · 4:11pm PDT
The bank was one alternative that crypto companies were increasingly looking to use after Silvergate Bank's collapse
Briefing

SVB Securities Execs Look to Buy Back Bank’s Investment Arm

Mar 12, 2023 · 2:04pm PDT
Jeff Leerink and management team are looking to help finance a potential management buyout of SVB's investment arm.
Briefing

Stablecoin Issuer Circle Reveals $3.3 Billion Exposure to Silicon Valley Bank

Mar 10, 2023 · 9:42pm PST
The price of USDC, which is meant to stay at 1 USD, fell to less than 92 cents Friday evening before recovering slightly.
Briefing

Silicon Valley Bank Experienced $42 Billion in Attempted Withdrawals

Mar 10, 2023 · 3:51pm PST
The bank was left with a negative cash balance of about $958 million after depositors rushed to pull funds, according to a regulatory filing.
Briefing

Meta Layoffs Expected to Begin Next Week

Mar 10, 2023 · 3:20pm PST
The cuts will reportedly involve shutting down certain teams and projects.
Briefing

Roku, Roblox and Others Disclose Exposure to Silicon Valley Bank

Mar 10, 2023 · 2:51pm PST
Roku, Roblox and EyePoint Pharmaceuticals disclosed they have cash tied up at Silicon Valley Bank as the ripples of the bank's collapse spread.
Briefing

Group Black Offers $400 Million for Vice Media

Mar 10, 2023 · 12:50pm PST
The offer values Vice Media at well below one times' 2022 revenue, in the same valuation range as where Vox Media recently raised money.
Briefing

Silicon Valley Bank Fails, Deepening Uncertainty for Startups and VCs

Mar 10, 2023 · 12:27pm PST
A wide range of startups and VCs in both the U.S. and China relied on the SVB for banking services.
Briefing

Allbirds Says Q1 Revenue to Fall Up to 28%, Shares Plunge

Mar 9, 2023 · 2:55pm PST · 1 comment
The direct-to-consumer brand said that it would refocus on its core consumer amid declining sales growth.
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
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