White House Discusses Oracle-Led Takeover of TikTok
ByteDance would keep a minority stake in the app.
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Meta Brings Ads to Threads
The text app has over 300 million monthly active users, the company said.
Meta to Boost Capex 60% This Year to Develop AI Data Centers
Meta's projected capital expenditures will rise to between $60 billion and $65 billion this year, CEO Mark Zuckerberg said.
SEC Withdraws Crypto Accounting Guidance
The move will ease the path for banks to provide custody of crypto assets.
ShopMy Raises $77.5 Million as Influencer Marketing Booms
The four-year-old company makes software for brands and creators to manage influencer marketing campaigns.
Trump’s AI Order Directs Sacks, Kratsios to Write Federal AI Plan
The executive order follows President Trump’s recent repeal of Biden’s AI policy.
Electric Semitruck Maker Nikola May Sell Itself
The Phoenix-based company faces a severe cash crunch.
Trump Signs Crypto Executive Order
President asks agencies to create regulatory framework and evaluate national digital asset stockpile.
Goldman Sachs Promotes Three Tech Bankers
Goldman Sachs elevated three dealmakers to the top of its tech investment banking division on Thursday, part of an effort to push a new generation of bankers up its ranks.
OpenAI Announces Web-Browsing Agent, ‘Operator’
The release comes after similar launches from Anthropic and Google.
Skky Partners Strikes First Beauty Deal With 111Skin Investment
The deal marks just the second investment by the consumer-focused private equity firm.
China’s Commerce Ministry Responds to Trump’s TikTok Proposal
Trump plans to make a deal for TikTok, but China’s government will have a say in what the app’s Chinese owner can accept.
Morgan Stanley Tech Banker Discusses Job in Trump Administration
A role in the administration could be an opportunity for the top banker to stay close to Elon Musk.
Google Reportedly Invests More than $1 Billion in Anthropic
Already, Anthropic has raised $8 billion from Amazon, and Google committed $2 billion to Anthropic in 2023.
SV Angel Raises $330 Million for Second Growth Fund
The firm, known for making seed-stage investments, backed OpenAI and Databricks out of its first growth fund.
Chip Reseller Startup Together AI Hits Over $3 Billion in New Round
General Catalyst has discussed leading the investment .
Microsoft Deals Chief Chris Young Resigns
Young ran a team of several hundred employees tasked with overseeing Microsoft’s deals with OpenAI and other firms.
Snap and Reddit Offer Advertisers Incentives As TikTok Uncertainty Swirls
The platforms are offering ad credits as brands’ longevity on TikTok remains unclear
OpenAI Preps ‘Operator’ Release For This Week
The release follows similar announcements from Anthropic and Google of new features that automate tasks for consumers and workers by taking control of their devices.
General Atlantic’s Ford Confident a TikTok Deal Will Get Done
Bill Ford said negotiations on TikTok's future could start as soon as the end of this week, involving the Chinese and U.S. governments and the company.
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