Databricks Raises $5 Billion in Debt Financing
The financing comes on the heels of a $10 billion equity round in December.
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Instagram Leader Says App will Prioritize Original Content in 2025
The comments come days ahead of a potential ban of TikTok, Instagram’s biggest rival.
Google Cloud Forms New AI Sales Team, Cuts 60 Jobs
Google Cloud is reassigning some of its most AI-savvy salespeople and engineers to work with AI startups and enterprise software providers.
Chainalysis Buys Fraud Detection Startup Alterya for $150 Million
Y Combinator incubated Alterya was founded in 2022.
Sonos CEO is Out After Bungled Software Rollout
Patrick Spence will be replaced by an interim CEO from the company’s board, Tom Conrad.
Microsoft Forms New Team Led by Jay Parikh Focused on AI Software Development
The changes reflect Microsoft’s bet that AI will be a core part of software development going forward, both for customers and Microsoft itself.
Biden Administration Unveils New AI Chip Export Regulations
Nvidia, Oracle and others have criticised the new rules.
Bezos’ Blue Origin Postpones New Rocket Launch
The delay is another setback in the company's effort to compete with Elon Musk's SpaceX.
U.K. to Boost Spending on Computing Capacity for AI
The Labor government is expected to announce the plans on Monday to expand its sovereign AI efforts.
Mark Zuckerberg Says Corporate World is ‘Culturally Neutered’
Zuckerberg’s comments aired after Meta rolled back content moderation on its platforms and abandoned its DEI work.
U.S. Antitrust Officials Boost Musk’s Lawsuit Against OpenAI
Lawyers for the FTC and DOJ on Friday said that federal antitrust laws could apply in the case and asked the court to consider prior legal cases when making that determination.
Meta Ends Diversity Programs
The company will stop requiring consideration of a diverse pool of candidates for job openings, among other cuts.
Supreme Court Justices Question TikTok Lawyers on Free Speech Claims
The hearing took place just three weeks after the TikTok appealed to the Supreme Court, setting up the possibility of a decision before the ban goes into effect January 19.
Amazon Ends ‘Prime Try Before You Buy’ Service
The service, which Amazon launched in 2017, will end on Jan. 31.
Amazon Wipes Language on Trans People, DEI Goals from Corporate Site
It’s the latest example of a big tech firm tacking right following Donald Trump’s victory in the presidential election.
ESPN, Fox and Warner Bros. Call Off Venu Sports Venture
The companies said they are discontinuing operations for Venu, days after they ended litigation with Fubo, a rival service that had sued on antitrust grounds.
SoftBank and Arm Eye Acquisition of Chip Startup Ampere
Ampere, led by former Intel executive Renée James and valued at $8 billion in 2021, could serve as an important piece of SoftBank's AI strategy.
Amazon Explores More News Specials for Prime Video
Amazon is reportedly in early talks to create more news specials tied to specific events after it aired a U.S. Election Night special hosted by Brian Williams.
Startup Cohere Moves Further Into Enterprise Search
Cohere hasn't generated revenue from its large language models as quickly as rivals, and it's hoping a new enterprise search product will help change that.
Amazon to Sell Ad Tools to Other E-Commerce Sites
A new product will let outside retailers use Amazon’s technology to sell ads throughout their website, including in search results.
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.
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