Sales Fall Drags Down Tesla’s Profit 66%
Tesla said it was on track for a June launch of its robotaxi service in Austin.
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U.S. Plans to Push India to Give Amazon and Walmart Market Access
While Indian e-commerce firms produce and sell their own goods, U.S. firms in the country are only allowed to operate marketplaces where outside sellers list their products.
Northrop Grumman Taps Ex-Microsoft Manager to Lead AI Programs
In their search for AI talent, firms that work with government agencies are increasingly looking to hire seasoned managers from private sector companies.
Cookies will keep tracking users on Chrome, Google says
Google has ended a more than five year effort to bring privacy changes to advertising on the web
Instagram Co-founder Testifies in Meta Antitrust Trial
Instagram could have grown independently without an acquisition by Meta, Instagram co-founder Kevin Systrom said during his testimony.
Google Rebuffed OpenAI Request to Access Search Data
The judge hearing Google's search case signaled his support for requiring Google to share data with other companies.
Washington Post Signs Licensing Deal with OpenAI
OpenAI has struck content licensing deals with more than 20 publishers.
OpenAI, Meta and Microsoft Approach Samsung About AI Deals on Phones
Before Google lost the antitrust case last year, it was considering requiring phone makers to preinstall Gemini alongside Search and Chrome.
Crypto Companies BitGo, Coinbase Eye Bank Licenses
Getting a bank charter could pave the way for crypto firms to take deposits.
Amazon’s Anthropic Challenges Spell Opportunity for Google
Amazon Web Services can typically address any needs that customers have, but serving Anthropic models has been a challenge.
Google Used Search Data to Train AI Models
The government argues that Google is using its dominance in search to buttress its AI products.
FTC Sues Uber, Alleging Deceptive Billing Practices
The commission says that the company’s subscription service is not easy enough to cancel.
Judge Questions Chrome Divestiture Idea
The judge signaled support for the government's proposal that Google have to share some search data with rivals.
Google’s Gemini Contracts Repeat Search Moves, Government Says
The government said an OpenAI representative will testify about the ChatGPT firm's difficulties in competing with Google on distribution.
Tesla Delays Production of Affordable SUV
The delay could push back release of the new model and add to pressure on Tesla's sales.
Regulators Approve Capital One’s Discover Acquisition
The approval signals a more favorable environment for bank mergers under the Trump administration.
DHgate, Taobao U.S. App Downloads Climb
Recent viral videos claimed the shopping apps could offer cheap versions of luxury goods.
Judge Halts CFPB Layoffs, Again
A federal judge halted agencywide job cuts at agency a day after employees at the agency received termination notices that would have cut 90% of staff.
Netflix Co-CEO’s 2024 Compensation Packages Surpass $60 Million
Ted Sarandos and Greg Peters both received a bump in their 2024 pay packages, though much of their pay is tied up in grants that will vest over multiple years.
Uber in Talks to Buy Turkish Food Delivery Platform Trendyol Go
Uber recently abandoned a plan to buy a food delivery app in Taiwan.
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.
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