Trump’s Social Media Group in Talks to Buy Crypto Platform Bakkt
Bakkt, a spinoff of Intercontinental Exchange, has been exploring options.
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Justice Department Will Reportedly Push Google to Sell Chrome
The Department of Justice will ask a federal judge to force Google to sell its Chrome browser to address its illegal search monopoly.
Software Firm ServiceTitan Files for IPO
The company, which sells software for tradespeople, grew its revenue by 31% to $614 million in fiscal 2024, but lost money overall.
Warner Bros. and NBA Resolve Legal Dispute, Sign New Media Deal
The new deal gives Warner Bros. Discovery rights to NBA games in some overseas markets. It is also licensing its popular studio show "Inside the NBA" to ESPN.
Goldman to Spin Off Digital Assets Platform to Drive Adoption
The bank is also seeking to resume its bitcoin-backed lending activities.
Sam Altman to Co-Chair New SF Mayor’s Transition Team
Mayor-elect Daniel Lurie has said he wants to renew the city's ties with the tech elite.
Nvidia Customers Worry About Snag With New AI Chip Servers
The snags involving server racks highlight the difficulties in Nvidia's quest to meet high customer demand for its AI hardware.
X Sues to Block Calif. Deepfake Law
The law is the second of its kind in California to face a lawsuit.
SEC Sued by 18 Republican States Over Crypto Authority
Gensler defended SEC’s work in crypto in a speech Thursday.
Trump’s Interior Pick Could Boost Data Center Energy Projects
North Dakota Gov. Doug Burgum has been a booster of large AI data center projects in his state.
Elon Musk Sues Microsoft as Part of His Case Against OpenAI
Musk’s amended lawsuit claims Microsoft played a central role in removing OpenAI board directors who ousted Altman a year ago.
Andreessen Horowitz Hires Ex-Facebook Director to Lead AI Policy
The Silicon Valley firm is amping up its D.C. presence to support “Little Tech.”
EV Shares Fall on Report That Trump Seeks End to Tax Credits
Eliminating the $7,500 credit could hurt demand for EVs
Autonomous Car Startup Pony Seeks $4.5 Billion Valuation in IPO
The IPO would make Pony the latest in a recent string of China-based vehicle companies to list on a U.S. exchange.
Salesforce’s Top AI Executive Departs
Clara Shih, a longtime Salesforce executive who was named to lead its broad AI efforts earlier this year, is leaving for another opportunity.
Amazon Met With House Committee Staffers About TikTok Partnership
The committee was concerned about the companies deepening ties amid an impending TikTok ban.
AI Video Model Startup Valued at Over $2 Billion in Latest Financing
NEA set to lead a new round in Synthesia, which helps companies create AI videos for marketing and training.
CFPB Takes Steps to Place Google Under Federal Supervision
The supervision could subject Google to regular inspections and monitoring, adding to the litany of regulatory enforcement Google faces
FTC to Open Probe of Microsoft’s Cloud Business
It’s unclear whether the FTC’s inquiries into Microsoft and other companies will continue under a Trump administration.
Google, OpenAI Prep Products to Rival Business-Search Startup
Startup Glean has raced out to an early lead in search chatbots for businesses, but now the competition is mounting from incumbents and new players.
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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