Casper Changes Hands Again After 2022 Take-Private
A private equity firm acquired Casper less than two years after its 2020 IPO.
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Recent Editions
Thoma Bravo, H.I.G. Capital to Buy CompTIA
The investment firms plan to split off the nonprofit trade group from the for-profit certification business.
Apple Explores Smart Glasses in Challenge to Meta, Snap
The move could be a sign that Apple is exploring its own smart glasses, a product category that Snap and Meta have popularized in recent years.
Andreessen Horowitz Plans Pro-Crypto Spending Binge on 2026 Election
The venture firm has already pledged millions of dollars to an influential PAC.
Palantir Stock Climbs 13% on Accelerating Growth, Higher Revenue Projection
Prior to reporting third quarter results, Palantir shares were up 150% this year.
Nvidia Has Been in Talks to Invest in xAI’s Multibillion-Dollar Financing
Nvidia already has a close relationship with xAI, which is building a Nvidia H100 supercomputer in Memphis.
Perplexity CEO Offers Help to NYT Amid Tech Staff Strike
Perplexity CEO and co-founder Aravind Srinivas has had a rocky relationship with some media outlets, and now he is once again facing scrutiny.
T-Mobile Agreed to Pay OpenAI $100 Million Over Three Years for AI
The deal is one of the largest contracts OpenAI has signed with an enterprise customer.
VC Running for San Francisco Mayor Hit With Record Ethics Fine
Ethics missteps have plagued Mark Farrell's political career.
NY Times Spent $7.6 Million Fighting AI Lawsuit In First Nine Months
The Times reported 7% higher revenues, lifted by growing digital subscribers.
Robotics Startup Physical Intelligence Raises $400 Million
The round was co-led by Jeff Bezos, Thrive Capital and Lux Capital.
U.S. Regulators Block AWS Nuclear Power Deal
AWS planned to buy up to 1 gigawatt of power from Talen Energy, which owns a nuclear power plant located in Luzerne County, Pa., to power several data centers.
Latest Okta Security Flaw Allowed Logins Without Passwords
Okta, which has had several major cybersecurity issues in recent years, tells customers it has fixed one that could have allowed logins without passwords.
Microsoft Plans to Spend $10 Billion on CoreWeave Servers Through 2030
CoreWeave is planning to file confidentiality for an initial public offering by December.
UBS Launches First Investment Fund on Ethereum Blockchain
UBS Asset Management is the latest entrant in tokenized funds, following BlackRock and Franklin Templeton.
Marc Benioff In Talks to Sell Time Magazine
Benioff and his wife, Lynne, bought the magazine from Meredith Corp. in 2018 for $190 million.
UAE Fund MGX Has Held Talks to Invest in Musk’s XAI
MGX, backed by Mubadala Investment Co. and G42, has also invested in OpenAI.
Chinese Researchers Built Military-Use AI Model on Meta’s Llama
There are growing concerns in Washington about how U.S. technologies could help China expand its military and intelligence capabilities.
Amazon Plans Capex Increase to Over $75 Billion Next Year
The company reported a record $22.6 billion in capital expenditures in the third quarter, up more than 80% year-over-year.
JPMorgan Fined $151 Million For Conflicts and Disclosure Failures
The civil penalty for five separate actions related to failures in the bank’s securities and investment management subsidiaries.
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