Plaid In Talks for Secondary Share Sale at $6 Billion Valuation
The valuation would be a decline from the $13.4 billion price at which the company last raised money in 2021.
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Recent Editions
ByteDance Hikes Share Price in Latest Employee Buyback
The TikTok owner has been increasing its share price by about 5% to 6% for the last year, as its plans to go public remain indefinitely on hold.
Google Asks Justice Department To Drop Breakup Push
The Department of Justice last year called for Google to be forced to sell its Chrome browser and possibly its Android mobile operating system.
CoreWeave to buy Weights & Biases for $1.7 Billion
The deal to diversify its customers comes as CoreWeave prepares an IPO.
Amazon Web Services Forms New AI Agent Group
“Agentic AI has the potential to be the next multi-billion dollar business for AWS,” AWS CEO Matt Garman wrote in a memo The Information has viewed.
Anthropic Valued at $61.5 Billion
The funding makes the AI startup one of the most valuable private companies in the world.
Ramp Hits $13 Billion Valuation, Topping Pandemic Peak
Buyers included Stripes, GIC, Thrive Capital, Khosla Ventures and General Catalyst.
Stock Selloff Slams Tech Sector
Stocks fell across the board as investors embraced for new tariffs imposed by President Trump on Mexico and Canada.
Microsoft Launches AI Copilot for Health Care Admin Work
The product, Dragon Copilot, will be available in the U.S. and U.K. in May, Microsoft said.
Trump, TSMC Announce $100 Billion Chip Factory Investment in U.S.
The investment includes three new chipmaking plants and two advanced packaging facilities.
Alexis Ohanian Joins Project Liberty’s TikTok Bid
Reddit co-founder Alexis Ohanian signed on as an adviser to billionaire Frank McCourt's bid to buy TikTok's U.S. operations.
Trump Names Multiple Coins for Potential ‘Crypto Strategic Reserve’
Prices of crypto tokens mentioned by Trump rallied after his post on Truth Social.
Grubhub Lays Off 20% of Workforce After Wonder Acquisition
Grubhub CEO Howard Migdal said the move would help Wonder and Grubhub “work together to achieve our ambitious mission of becoming the primary destination for mealtime.”
Creator Startup Passes Hit With Lawsuit Alleging Child Porn
Creator startup Passes was hit with a class action lawsuit alleging that the fan membership site distributed child pornography.
Microsoft to Shut Down Skype, Shift Focus to Teams
Skype's user base steadily declined from 300 million users in 2016 to 36 million last year.
Tesla Applies for California Permit That Allows Ride-hailing
A Tesla operated ride-hailing service would rival incumbents Uber, Lyft and Waymo.
Sergey Brin Urges Google Employees To Work Harder and In Office Daily
Brin's comments come as Google is trying to catch up with AI upstart OpenAI.
Airbnb Cofounder Joe Gebbia Joins DOGE
Gebbia posted to X Thursday that he would bring his 'designer brain and start-up spirit' to the effort.
Meta Planning App for Meta AI Assistant
Meta may also test a paid subscription version of its AI assistant.
WPP CEO Says Clients Are Returning to X
X is Trying to Regrow its Ad Business After Elon Musk's 2022 Takeover
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