Fidelity Marks Up Investment in X by 32%
The valuation has fallen 72% since Elon Musk bought the social media site in 2022.
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Recent Editions
Intel CEO Gelsinger Abruptly Steps Down
Gelsinger's departure, less than four years after he took the helm to try and turn around the chipmaker, signaled that the board had lost confidence in his management.
U.S. Imposes Export Restrictions on Advanced Memory Chips to China
Commerce Secretary Raimondo said the new rules will set the Trump administration up to continue preserving American tech security and leadership.
Black Friday Sales Jump Over 10%
The increase was a bigger jump than online sellers saw in 2023 on the day after Thanksgiving.
Musk Asks for Injunction to Block OpenAI For-Profit Move
The filing is the xAI founder’s latest legal challenge to the artificial intelligence startup he once funded.
Canadian Publishers Sue OpenAI
A group of five Canadian publishers are the latest to sue the the AI giant for copyright infringement
Australia Passes Law Banning Social Media for Under 16s
Questions remain about how the ban will be enforced.
Amazon Develops AI That Understands Video, Image Content
Amazon has struggled to keep pace with rivals in AI-powered applications, but a forthcoming LLM it is developing could help it gain ground.
FTC Launches Broad Antitrust Investigation of Microsoft
Microsoft has managed to avoid the full scrutiny of U.S. antitrust regulators for more than two decades, but that appears to be changing.
Mark Zuckerberg Meets Donald Trump at Mar-a-Lago
The two men have had a contentious relationship in the past.
Reid Hoffman Considers Leaving America
The investor is a Democratic megadonor and fears Trump revenge.
SoftBank Plans to Buy OpenAI Shares Worth $1.5 Billion
The tender will triple SoftBank's investment in OpenAI.
Musk Follows Through on Giving X Shareholders Stock in xAI
The xAI stock grant may be enough to make up for what investors in X have lost on that company, whose business has collapsed since Elon Musk bought it.
Google Proposes New Search Changes in Europe
Google proposed changes to how price comparison sites like Booking.com or Airbnb show up in search results in Europe to comply with the continent’s Digital Markets Act.
Meta Shares Threads User-Number Update as Bluesky Gains Ground
Threads is battling competition from rival app Bluesky.
Google Subpoenas OpenAI, Perplexity and Microsoft as part of Anti-Trust Trial
The search giant argued with the AI firms about which kind of evidence it could access during a status conference that is part of its anti-trust trial in search
Uber Launches AI Data Labeling
Scaled Solutions provides labels for training AI models, as well as testing and translation.
Black Forest Labs in Talks to Raise $200 Million from A16z
The funding round could value the young startup at over $1 billion.
Airtable Turns Cash Flow Positive, Eyes Possible IPO Next Year
The project collaboration software provider is one of several companies that have returned to sales growth recently after the tech spending doldrums.
Huawei Launches New Phones to Rival Apple in China
Apple’s AI features still aren’t available in China, allowing local brands to take advantage of this opportunity to capture more market share.
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