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By The Information Staff

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Recent Editions

Briefing

Twitter Tells Investors It Will Focus on Video, Payments

Jun 19, 2023 · 7:09pm PDT
Twitter's CEO, Linda Yaccarino, told investors that ad spending in some categories was up 40% year-over-year, although Twitter's overall ad revenue is reportedly down by the same amount.
Briefing

Tiger Global Fundraising 55% Short of Goal

Jun 19, 2023 · 3:09pm PDT
The shortfall comes as the frozen IPO market weighs on startup valuations.
Briefing

SVB’s Investment Bank Has Deal to be Sold to Its CEO, Jeff Leerink

Jun 18, 2023 · 6:04pm PDT
SVB Securities will go back to being Leerink Partners, the name the investment bank had before SVB bought it in 2019.
Briefing

Crypto Payments Firm Wyre is Shutting Down

Jun 16, 2023 · 2:23pm PDT
Wyre was left scrambling after a planned acquisition by payments company Bolt fell through.
Briefing

Binance Under Investigation in France

Jun 16, 2023 · 7:17am PDT
The investigation is the latest headache for Binance, which was sued by the U.S. SEC last week for violating securities laws.
Briefing

Amazon’s iRobot Acquisition Cleared by U.K. Regulator

Jun 16, 2023 · 7:08am PDT
The deal still faces hurdles in the U.S. and European Union, and iRobot shares were still trading roughly 18% below Amazon’s proposed acquisition price.  
Briefing

Vice Media in Talks to Sell to Media Firm GoDigital at Bankruptcy Auction

Jun 16, 2023 · 6:28am PDT
GoDigital, a little-known digital media firm based in Los Angeles, is weighing a bid for Vice Media at a bankruptcy auction next week.
Briefing

Revolut Investor Cuts Firm’s Valuation by 40%

Jun 15, 2023 · 2:29pm PDT
Molten Ventures is the third Revolut investor to mark down its stake in the UK based fintech this year.
Briefing

Longtime NEA General Partner to Depart

Jun 15, 2023 · 2:13pm PDT
Pete Sonsini, a general partner at NEA for almost 20 years, is leaving the firm.
Briefing

U.S. Regulators Examine Goldman’s Role in Leadup to SVB Collapse

Jun 15, 2023 · 1:54pm PDT
SEC, Fed, Justice Department are looking into Goldman's involvement in SVB's final days.
Briefing

Disney CFO Christine McCarthy Steps Down

Jun 15, 2023 · 1:46pm PDT
McCarthy will be replaced by Disney veteran Keith Lansberry on an interim basis as the company searches for a full-time successor.
Briefing

Amazon to Let More Prime Sellers Fulfill Orders Themselves

Jun 15, 2023 · 10:34am PDT
The move could help convince larger and direct-to-consumer brands with their own fulfillment infrastructure to start selling on Amazon.
Briefing

EU Seeks Breakup of Google’s Adtech Business

Jun 14, 2023 · 4:44pm PDT
The European Commission alleges that Google illegally abused its dominance in digital advertising.
Briefing

Music Publishers Sue Twitter for Copyright Infringement

Jun 14, 2023 · 2:35pm PDT
Unlike other social media companies, Twitter has no agreement in place to license copyrighted songs.
Briefing

Databricks Sales Topped $1 Billion Last Year

Jun 14, 2023 · 11:06am PDT
Ali Ghodsi, Databricks' CEO, said the company wasn't in a hurry to go public as it invests in new products that it can sell to companies working on AI.
Briefing

Walmart+ Leader Departs as Competition With Amazon Prime Heats Up

Jun 14, 2023 · 10:09am PDT
Chris Cracchiolo, an American Express veteran, led the program for two years.
Briefing

Silicon Valley Law Firm Orrick Lays Off 90, Delays Start Dates

Jun 14, 2023 · 7:55am PDT
Move is the latest in a wave of cuts and delays for Silicon Valley-based law firms.
Briefing

Stitch Fix Taps Macy’s and Walmart Vet As New CEO

Jun 14, 2023 · 7:10am PDT
Matt Baer will be tasked with turning around the struggling online styling service.
Briefing

Cloudera’s CEO Says He Will Leave

Jun 13, 2023 · 6:01pm PDT
In a town hall meeting, Rob Bearden didn't say who will replace him as CEO of the data management software maker.
Briefing

AI Startup Mistral Raises Over €105 Million in Seed Round

Jun 13, 2023 · 4:25pm PDT
The funding round for the startup, which hasn’t launched a product, highlights the intense investor interest in generative AI.