Fintech Bench To Be Acquired, Attempts To Bring Back Laid Off Staff
The deal, which came together over the holiday weekend, is set to close later today.
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Recent Editions
Trump Weighs in on H-1B Visas
Trump’s tech industry supporters including Elon Musk say the visa program is critical for U.S. companies to hire top talent.
Blue Origin Conducts Key Rocket Test Ahead of Launch
A launch of the New Glenn rocket from the Jeff Bezos-owned company could occur in early January.
Lawyers for Trump Urge Supreme Court to Pause TikTok Ban
Several groups filed briefs with the court Friday, for and against the law.
Musk Gains Another Ally in Effort to Block OpenAI For-Profit Conversion
Encode submitted an amicus brief in support of Elon Musk’s lawsuit.
Crypto Founder Do Kwon to be Extradited to U.S.
Terraform co-founder faces fraud charges in the U.S. and Korea.
Accounting firm Bench, which raised over $100 million, shutters
The company also laid off staff.
OpenAI Announces Plan to Become Delaware Public Benefit Corporation
The company plans to convert its existing for-profit entity into a public benefit corporation.
Alibaba to Create E-Commerce Joint Venture in South Korea
Alibaba's international business has boosted revenue at a time when its China business has struggled due to the country's economic slowdown.
Netflix’s Christmas Day NFL Games Reach 24 Million U.S. Viewers
The global viewership for Netflix's two Christmas Day NFL games will be higher as the streaming giant pushes more into live sports.
Microsoft and OpenAI Set $100 Billion Target For Achieving ‘AGI'
The financial definition still leaves some room for interpretation.
Microsoft Bundles Key AI Product With Consumer Apps Suite
Microsoft's latest effort to promote its Copilot digital assistant highlights its broader urgency to drive adoption of AI products.
Taiwan Antitrust Regulator Blocks Uber-Foodpanda Deal
The Taiwan Fair Trade Commission said the $950 million deal would hurt competition.
Founders Fund In Talks to Raise $3 Billion for New Growth Fund
The fundraising efforts are expected to culminate early next year.
Elon Musk’s xAI Raised $6 Billion from UAE, Saudi Arabia, Qatar, Nvidia and Others
The financing comes seven months after xAI raised another $6 billion investment round.
Amazon Workers File for Union Election at North Carolina Warehouse
Organizers said they believed at least 30% of workers at the RDU1 warehouse had signed union cards, the threshold to trigger a union vote.
Microsoft Eyeing Alternatives to OpenAI in Copilot Product
In the latest sign that Microsoft and OpenAI are charting separate paths, Microsoft is said to be looking to replace OpenAI models in a key product.
U.S. Launches Trade Probe Into China’s Supply of Legacy Chips
The investigation is part of the U.S. government's broader efforts to mitigate the risk of over-dependence on China's tech supply chain.
Thrive Capital Raises $179 Million For Growth Investment
The New York-based firm, led by Josh Kushner, has been on an investing spree this year.
Telegram Revenue Tops $1 Billion
Founder Pavel Durov said premium subscribers tripled on the app.
Weekday mornings
The Information AM by The Information Staff
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By providing your email, you agree to The Information’s Privacy Policy