DoorDash Finalizes Deliveroo Purchase and Acquires Software Firm
The two acquisitions together will cost DoorDash close to $5 billion. DoorDash also reported first quarter earnings, showing steady growth.
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U.S. Lawmaker Pushes AI Chip Tracking Bill to Curb Smuggling
The new bill will mandate the Commerce Department to introduce regulations within six months.
Uber and WeRide to Expand Robotaxi Partnership to 15 More Cities
The two already operate together in Abu Dhabi with service in Dubai to start later this year
Palantir Raises Full-Year Outlook as Revenue Surpasses Guidance
First-quarter revenue rose 39% year over year to $884 million, fueled by strong demand from U.S. businesses and government agencies.
Databricks in Talks to Acquire Database Startup Neon
Databricks wants customers to use its services to build AI agents, and acquiring cloud database startup Neon could make that easier.
OpenAI Decides Not to Split From Its Nonprofit, Handing Musk a Partial Victory
The reversal is a win for OpenAI co-founder-turned-rival Elon Musk.
Trading App eToro Moves Ahead With IPO Plans
The company and its shareholders seek to raise up to $500 million in offering.
Top Trump Trade Official Advised Shein Prior To Joining Administration
Jamieson Greer, now the U.S. Trade Representative, advised Shein executives while at law firm King & Spalding, Wired reported.
Apple Plans iPhone Release Schedule Shakeup, New Styles
Apple’s hope is to rejuvenate long-stagnant sales of the iPhone by staggering its release and adding bigger upgrades, but there are risks involved.
Trump Open to Another TikTok Deal Extension
The president says he has “a little warm spot” in his heart for the app.
Warren Buffett to Exit Berkshire Hathaway
Investor makes surprise announcement at annual shareholder meeting.
Apple Teams Up With Anthropic in AI Coding Push
Apple, after struggling to build a AI coding tool for internal developers, is getting help from Anthropic, whose Claude models are well-regarded in this area.
MoneyGram Makes Crypto Push
The international money transfer firm will provide cash deposit and withdrawals capability for users of crypto apps.
Apollo Invested $25 Billion During Tariff Turmoil
Private-equity firm has a history of investing in downturns, including in Airbnb and Expedia during pandemic.
DOJ’s Google Data Sharing Proposal was Based on Google-Yahoo Japan Deal
Google has argued that the Department of Justice’s data sharing proposal would create privacy concerns and make it “unviable” for Google to continue investing in research and development.
Mozilla Says Revenue Would Drop ‘Precipitously’ Without Google Deal
Eighty five percent of Mozilla's revenue last year came from Google.
Temu Asks China-based Merchants to Fulfill Orders On Their Own
The move also marks a sea change to the bargain shopping site’s original model, under which it exercised tight control over merchants, dictating what they can sell and at what prices.
Judge Throws Out Some of Musk’s Claims Against OpenAI
The remaining claims will go to trial next March.
Instacart Revenue Rises on Ad Sales, Order Volume
Orders rise to highest in 10 quarters as shoppers took advantage of free delivery fees.
Airbnb Posts 6% Revenue Growth as Uncertainty Weighs on Travelers
Airbnb's first-quarter revenue growth was its slowest since the start of the 2021.
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