DTC Startup Quince Announces $120 Million in New Funding
The company, which sells lower-priced versions of high-end products, has expanded to new categories like furniture.
Weekday mornings
The Information AM
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
Recent Editions
Skild AI Raising from SoftBank at $4 Billion Valuation
The round follows a bumper Series A funding round in July that valued the young robotics company at $1.5 billion.
OpenAI Revenue Surged From $200-a-Month ChatGPT Subscriptions
OpenAI's premium ChatGPT subscriptions are generating at least $25 million in revenue per month, or at least $300 million on an annual basis.
Meta Overhauls Reality Labs Business Unit Ahead of Earnings Report
Meta is transferring oversight of Reality Labs’ business operations to company COO Javier Olivan.
Trump Says Microsoft in Talks to Acquire TikTok
Trump previously said his administration would reach a decision on TikTok in the coming month.
UK Watchdog: Microsoft Uses Software Licensing to ‘Make it Harder’ for Google, AWS to Compete in Cloud
Microsoft and Amazon each control about 40% of the UK cloud market, the report found.
OpenAI Announces ChatGPT For Government Agencies
The announcement is the latest example of how AI developers have made their models more accessible to government agencies and workers in recent months.
FTC Questions Temu About Amazon Pricing Policy
The FTC sent a letter with questions to Temu and spoke with representatives of the PDD Holdings-owned site on the phone.
Trump Vows to Impose Tariffs on Foreign-Made Chips
The president said the tariffs would help move chip production to the U.S. from Taiwan.
Whole Foods Workers in Philadelphia Vote to Unionize
It's the latest development in a flurry of labor organizing at Amazon.
Startup Perplexity Offers Uncensored DeepSeek AI Search
Perplexity co-founder and CEO Aravind Srinivas says his startup has brought DeepSeek's AI model to its search engine—without Chinese government censorship.
Amazon Elevates Whole Foods CEO to Run Entire Grocery Business
Buechel is taking on more responsibilities after the departure of his former boss Tony Hoggett.
Nvidia, Broadcom Tumble as Chinese DeepSeek AI Explodes in Popularity
Nvidia shares were down 17% Monday following the DeepSeek release.
China’s HongShan Acquires Guitar Amplifier Maker Marshall
The $1.15 billion European deal comes as the Chinese investor seeks more opportunities abroad amid a slowdown in domestic deals.
Trump Says He Will Likely Make Decision on TikTok in 30 Days
The president, who plans to make a deal to allow TikTok to continue operating in the U.S., says many people are talking to him about buying the app.
White House Discusses Oracle-Led Takeover of TikTok
ByteDance would keep a minority stake in the app.
Meta Brings Ads to Threads
The text app has over 300 million monthly active users, the company said.
Meta to Boost Capex 60% This Year to Develop AI Data Centers
Meta's projected capital expenditures will rise to between $60 billion and $65 billion this year, CEO Mark Zuckerberg said.
SEC Withdraws Crypto Accounting Guidance
The move will ease the path for banks to provide custody of crypto assets.
ShopMy Raises $77.5 Million as Influencer Marketing Booms
The four-year-old company makes software for brands and creators to manage influencer marketing campaigns.
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