Kevin O’Leary Joins Billionaire McCourt’s TikTok Bid
Celebrity investor Kevin O’Leary has signed onto billionaire Frank McCourt’s bid to buy TikTok.
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Fed’s Top Banking Regulator Barr to Step Down
Barr’s decision opens the door for Trump to appoint another crypto-friendly bank regulator.
Uber Speeds Up Stock BuyBack
Uber shares had fallen 24% in recent months amid rising questions about the impact of self driving car robotaxis on ride-hailing firms.
Disney to Sell Streaming Cable Version of Hulu to FuboTV
The newly enlarged FuboTV, to be controlled by Disney, will be in a better position to compete with YouTube TV, a streaming version of cable TV.
Microsoft Pauses Some Construction on OpenAI Wisconsin Data Center
Microsoft said in May that it planned to invest $3.3 billion by the end of 2026 to build an AI data center campus in the area.
CES Kicks Off in Las Vegas This Week
Among the highlights will be speeches by Nvidia CEO Jensen Huang and X CEO Linda Yaccarino.
TikTok and Justice Department File Dueling Briefs to Supreme Court
The briefs set up the arguments to be presented next Friday as the Supreme Court decides TikTok's fate.
Tim Cook Donates $1 Million to Trump Inauguration
The Apple CEO is the latest tech executive to donate to the inaugural committee.
Top TikTok North American Ad Sales Exec to Depart
Sameer Singh, who oversaw ad sales for North America at TikTok, is departing as TikTok braces for a hearing at the U.S. Supreme Court on Jan. 10.
Shutterstock and Getty Images Consider Merger
The merger signals that the two photo-licensing sites are looking to consolidate and cut costs to fight the impact of AI-powered image creation.
Amazon Strikes Warrant Deal With Electronics Manufacturer Jabil
Jabil has previously disclosed that Apple and Amazon have been among its largest customers.
Microsoft to Spend $80 Billion on Datacenters This Year
The investment is a sharp increase from the $53 billion Microsoft spent on capital expenses the year prior.
Tether’s General Counsel Stuart Hoegner Retires
Hoegner will be succeeded by Michael Hilliard, who co-led legal affairs with him.
TikTok Knew About Child Safety, Money Laundering Issues, Utah AG Claims
The newly unsealed lawsuit comes as TikTok faces a possible ban in the U.S.
Several California AI Laws Go Into Effect
The bills primarily target AI-generated deepfakes.
Carvana Shares Drop 2% After Hindenburg Allegations
The family that controls the company deny the allegations.
Thiel Nonprofit Focused on Longevity, Defense and Political Philosophy in 2023
Peter Thiel’s nonprofit focused its 2023 giving on longevity research, defense and political philosophy
Meta Appoints Republican Joel Kaplan to Lead Global Affairs
Kaplan, Meta's most prominent Republican, will take over from Nick Clegg.
Cybertruck Exploded in Las Vegas Contained Gas Canisters, Fireworks
The Las Vegas police have videos of the truck's driver from Tesla charging stations.
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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