Chime Files Confidential Paperwork For IPO
Fintech banking startup Chime Financial has filed confidential paperwork for an initial public offering.
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Apple in Talks With Tencent, ByteDance For AI Models in China iPhones
The talks come amid China’s tight rules over AI, which makes it challenging for foreign companies to operate their AI models without regulatory approval.
Workers Strike at Seven Amazon Facilities
The striking workers include some warehouse staff employed by Amazon, as well as delivery drivers that Amazon says are not its employees.
Apple Nears $1 Billion Deal with Indonesia to Lift iPhone Ban
While Apple’s sales in Indonesia are modest, the country’s status as the fourth most populous nation makes it a promising market for future growth.
Tencent Gives Up Epic Games Board Seats Over U.S. Antitrust Concerns
The Chinese gaming giant owns stakes in both Epic and rival Riot Games.
OpenAI Makes ChatGPT Available Through Phone, Text
The feature will help OpenAI reach more users, especially in international markets where WhatsApp is more popular.
Perplexity Acquires Startup That Paves Way for Enterprise Search
AI search startup Perplexity is aiming to take on Google, Snowflake and other search players by acquiring a startup that connects data from third-party apps.
Micron’s Shares Tumble On Weak Demand Expectations For Consumer Chips
Micron executives predict a decline in demand for its chips from its customers that make PCs and smartphones.
Warner Bros. Sets New Leadership Team for U.S. TV Business
Last week, WBD said it was reorganizing its operations into two units: one overseeing its streaming services and studios and another housing its TV networks.
Supreme Court to Take Up TikTok Ban Law
The court deferred a decision on TikTok's request for an injunction of the law until after oral arguments on Jan. 10.
Grammarly Buys Productivity Startup Coda, Names Founder as CEO
Coda’s founder, ex-Googler Shishir Mehrotra, will be Grammarly’s new CEO.
Salesforce Launches AI Agent That Handles Complex Questions
Salesforce CEO and co-founder Marc Benioff has always been able to steer his company toward the latest tech trends, and now he is focused on AI agents.
EU Probes TikTok Over Romanian Election
TikTok previously told European regulators that it had removed a cluster of accounts posting content related to the election.
Bob Lee Murder Trial Ends in Guilty Verdict
The Cash App founder’s death was a flashpoint for San Francisco politics.
Databricks Says It Raised $8.6 Billion, Valuing Firm at $62 Billion
The fundraising, which was larger than expected, will alleviate pressure on the data analytics software firm to go public in the near term.
Amazon and Taiwan Discuss Kuiper Satellite Internet Deal, Official Says
Taiwanese officials don’t see SpaceX’s Starlink as an option due in part to CEO Elon Musk’s business interests in China, the Financial Times reported.
Ex-Twitter CFO Ned Segal Named SF Chief of Housing and Economic Development
Segal pledges to help businesses move to the city's downtown neighborhood.
Trump Says Masayoshi Son to Make $100 Billion U.S. Investment
The Japanese firm’s commitment aims to boost the U.S. economy and accelerate AI.
TikTok CEO Meeting With Trump at Mar-a-Lago
TikTok CEO Shou Chew was scheduled to meet with Trump at his Florida club Mar-a-Lago on Monday.
TikTok Asks Supreme Court to Freeze Law That Could Ban App
TikTok asked the Supreme Court to suspend a law that could ban the app early next year.
Weekday mornings
The Information AM by The Information Staff
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