Coinbase Hires Citadel Securities General Counsel for Legal Team
Ryan VanGrack joins as vice president of litigation at the crypto exchange
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Recent Editions
U.S. to Propose Rules Banning Chinese Vehicle Software
The Biden administration had probed national security risks for connected vehicles.
Zoom to Scale Back Employee Stock Grants
Zoom's announcement follows similar moves by enterprise software firms Salesforce and Workday
Qualcomm Approached Intel About a Takeover
The approach follows Intel’s statements that it was looking at numerous options to turn around its flagging chip design business and money-losing chip manufacturing unit.
Microsoft Deal Will Reopen Three Mile Island Nuclear Plant to Power AI
Cloud providers like Microsoft and Amazon are scrambling for power and data centers to handle Nvidia chip servers used to develop and run AI.
Disney Reportedly Will Drop Slack After Data Breach
It’s a blow to Slack owner Salesforce, which featured Disney prominently in announcements at its Dreamforce conference this week.
TikTok’s Global Head of Marketing to Depart
Zenia Mucha, the ex-Disney exec who is running communications, will absorb her role.
Zuckerberg and Other CEOs Ask EU to Change Data Privacy Rules For AI
Meta and others sense an opportunity to weaken GDPR.
Axel Springer Splits in Two
Axel Springer CEO Mathias Dopfner said the restructuring would help both sides grow faster.
EU to Warn Apple to Further Open Up iPhone Software to Developers
The EU would stop short of launching a more formal probe and would instead just warn Apple that it needs to open up the iPhone’s features to developers.
Runway Will License Lionsgate Films
The deal follows the model that AI companies have used to license text from publishers.
EU Overturns Google Antitrust Fine on Adtech Practices
It's a rare win for Google in a period of recent antitrust challenges.
Seven of 23andme’s Eight Directors Quit
The directors said they differed “on the strategic direction” with Wojcicki, who has voting control.
Amazon Raises Hourly Pay For U.S. Warehouse Workers
The hike brings average base wages for Amazon's hourly workers to more than $22 an hour.
Google Reportedly Proposed Selling its Ad Exchange to End EU Antitrust Attacks
This is the first indication Google is willing to let go of part of its ad tech empire.
Amazon Adds PayPal Checkout Option for Buy With Prime
PayPal has struck several partnerships recently as it looks to boost its checkout and payments businesses.
Calif. Gov. Newsom Says He’s Worried About AI Bill
Newsom made the comments while signing other bills that addressed more immediate risks of AI, such as election interference from deepfakes.
Microsoft, BlackRock to Launch $30 Billion Fund to Invest in Data Centers, Power for AI
The fund would be one of the largest of its kind, though it isn’t clear how much Microsoft is contributing.
Snap Launches New Augmented Reality Glasses
It’s pitching the $99 a month Spectacles at developers.
EssilorLuxottica Extends Smart Glasses Partnership with Meta
EssilorLuxottica has been working with Meta since 2019 on Ray-Ban smart glasses, which allow wearers to make phone calls, stream music or take photos.
Weekday mornings
The Information AM by The Information Staff
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