G Squared Raises $1 Billion to Invest in Secondary Shares
Buying these shares gives investors access to discounted, pre-IPO startups.
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The Information AM
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Recent Editions
Apple CFO Maestri to Step Down
Maestri will stay on to oversee corporate services such as real estate and IT.
Telegram-Linked Token Falls After Pavel Durov Arrested
Toncoin plunged after Telegram CEO was detained by French authorities
PDD Shares Fall as Growth Slows, Competition Intensifies
The Chinese e-commerce giant’s executives said they planned to focus on higher-quality merchants.
IBM is Shutting Down China R&D Operations
More U.S. companies are reassessing their China operations amid growing geopolitical tensions between the two nations.
Telegram CEO Arrested in France
The detention of Pavel Durov came as part of a French investigation into a lack of content moderation on the messaging app.
DeepMind Employees Reportedly Push Google to End Military Contracts
The letter, representing about 5% of the AI group’s staff, didn’t specify specific militaries, but linked to reporting that Google’s Project Nimbus included work for the Israeli military.
Microsoft to Discuss Security Changes Following Crowdstrike Outage
Microsoft has said that it’s exploring changes to how Windows works with third party security software.
Three Co-founders Depart French AI Developer ‘H’ After It Raised $220 Million
H raised $220 million from investors including former Google CEO Eric Schmidt and LVMH CEO Bernard Arnault.
Shein Discloses Child Labor Cases, Cracks Down on Suppliers
The fast fashion giant has been trying to fight criticism it doesn’t do enough to address human rights violations.
Anthropic Says Benefits Outweigh Costs for California AI Bill
The AI company did not get every amendment it asked for, but still gave mild support.
Google Makes Former Character.AI CEO Shazeer a Co-Leader of Gemini AI
The move comes after an unprecedented deal by Google to rehire Shazeer.
The Information’s Peers Honored with Loeb’s Minard Editor Award
Peers, who is co-executive editor of The Information, was recognized for "elevating the quality of journalism."
NLRB Says Some Amazon Subcontracted Drivers Are Employees
Amazon argues that drivers for its thousands of subcontractors do not work for Amazon, which insulates the company from some costs.
CEOs of Meta, Spotify Argue EU Regulation Hampering Open-Source AI
The comments were made in an Economist opinion piece Wednesday written jointly by CEO Mark Zuckerberg and Spotify CEO Daniel Ek.
Peloton’s Revenue Stabilizes
Peloton's strategy of emphasizing subscriptions rather than selling equipment appears to be working.
Paramount Receives New Bid From Edgar Bronfman Jr., Extends ‘Go-Shop’ Period
Bronfman Jr., a former media mogul, has submitted a $6 billion bid for Paramount Global, which is extending a 'go-shop' period to review the offer.
Walmart+ Stalled at 8 Million Members Last Year
The retail giant has improved benefits and marketing in response.
Court Document Reveals List of X Shareholders
Sean Combs is one of the shareholders on the list, most of whom were previously known.
Google, California Strike $250 Million Deal to Fund News Organizations
The deal could be a model for other states or news groups that also want money from Google, but several journalism unions opposed the Google deal.
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