Wall Street Banks Offload Last Of Twitter Debt
A group of Wall Street banks sold the final tranches of debt it lent Elon Musk in 2022 for his takeover of Twitter, now called X.
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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
UK DeepMind Staff Seek to Unionize
The unionization push follows employee discontent over Google providing cloud computing services to the Israeli Ministry of Defense.
Palo Alto Networks to Buy Cybersecurity Startup Protect AI
Artificial intelligence advances have opened a new market for cybersecurity vendors.
Music Creation Startup Splice Buys Spitfire Audio
Spitfire’s catalog includes work from the composer behind music in The Lion King, Inception, Dune and Dunkirk.
OpenAI Adds Shopping Features to Search Results
The move heightens competition with search giant Google.
Spotify Paid Out $100 Million to Podcasters in First Quarter
Spotify, which has been pushing video and audio podcasts on its service, said it paid more than $100 million to creators during the first quarter.
Huawei to Test New AI Chip
Chinese Tech Company's Chip Is Meant to Compete With Nvidia Offerings
Alphabet CEO Sundar Pichai Says Waymos Could Be Personally Owned in Future
Pichai added that the robotaxi business is now completing 250,000 paid trips weekly
DoorDash Offers to Buy Deliveroo for About $3.5 Billion
A prior takeover discussion fell apart last year after the companies disagreed on valuation, according to Reuters.
Deel Paints Alleged Spy As ‘Whistleblower’, Launches Countersuit
Deel claims that Rippling has defamed Deel and interfered with its business in new countersuit.
Confidence in Tech Sector Drops: The Information Survey
Readers grew more pessimistic about 13 of 14 big tech firms we track.
Google Faces Second Antitrust Remedies Hearing May 2
Google and the government agreed to a September date for a hearing on remedying Google's ad tech antitrust violations but the judge wants the issue resolved faster.
Temu and Shein Hike Prices in Response to U.S. Tariffs
The U.S. plans to stop allowing importers to bring individual packages worth less than $800 from China and Hong Kong to the U.S. without paying tariffs under an executive order set to go into effect May 2.
Apple Aims to Make All U.S.-Sold iPhones in India by 2026
Apple plans to double output in India to mitigate impact from increased U.S. tariffs on China
China Quietly Drops 125% Retaliatory Tariff on Crucial U.S. Semiconductors
The exemptions only apply to chips, the development of which is dominated by U.S. firms
Benchmark Invests in Chinese Startup Behind Manus AI Agent
The deal comes at a time when Silicon Valley is starting to pay more attention to AI products coming out of China.
Meta Lays Off Reality Labs Employees
The cuts affected those working in Oculus Studios, which develops apps and games for Meta's Quest headsets, and on hardware efforts.
New Intel CEO’s Turnaround Plan Includes Layoffs, Fewer Meetings
Lip-Bu Tan, who took over as Intel CEO last month, is hitting the ground running with a broad-ranging plan to turn around the beleaguered chip firm.
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