TikTok Pauses Shop Expansion Plans in Europe
TikTok is holding off on expanding its commerce efforts in Europe.
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The Information AM
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Recent Editions
U.S. Officials Confirm Cheap E-Commerce Import Crackdown
The statement confirms report from The Information on Wednesday that several brokers had been suspended from importing items under a program called Entry Type 86.
Google Scales Back ‘AI Overviews’ After Inaccurate Results
In a blog post, vice president Liz Reid said Google added better detection for “nonsensical queries” that shouldn’t show an AI-generated result.
Steve Jurvetson’s Future Ventures Raises $169 Million for New Fund
The new 'AI' fund comes a year after Future Ventures' last public fund announcement.
Paul Graham Denies Y Combinator Fired Sam Altman
The allegations emerged after OpenAI’s board fired Altman, citing a lack of candor.
MongoDB Shares Drop 26% on Weak Growth as Software Sector Woes Continue
The results cap a string of bad results for enterprise software firms.
OpenAI Restarted Its Robotics Team
OpenAI shuttered the robotics team in 2020 after struggling to find data to train AI software for the robots.
Elon Musk Agrees to Testify in SEC Probe of Twitter Purchase
The agreement ends a months-long dispute between Musk and the SEC.
Amazon Ends Fresh Grocery Delivery in Five U.K. Cities
Customers will still be able to order from at least one of the three major British grocery chains Amazon has deals with: Morrisons, Iceland and Co-op.
U.S. Escalates Crackdown on Trade Rule Behind Shein and Temu
Customs officials suspended the licenses of several customs brokers handling cheap imports
Meta Holds Annual Shareholder Meeting
Investors rejected 10 shareholder proposals, including one regarded by child safety backed by whistleblower Frances Haugen.
Salesforce Warns Of More Cautious Buying Habits Among Companies
The company projected revenue growth of only 7% to 8% in the second quarter, well down on the first quarter.
New AWS CEO Matt Garman Shares Leadership Changes
Several AWS sales executives will continue to report to him in his new role as CEO.
OpenAI Strikes Licensing, Product Deals with Vox Media, the Atlantic
OpenAI has previously struck deals with publishers including the Associated Press and Axel Springer.
Abu Dhabi AI Megafund MGX Holds First Board Meeting
MGX aims to create an "AI-focused investment powerhouse for Abu Dhabi."
PwC to Sell OpenAI’s ChatGPT For Businesses
The deal shows how OpenAI is trying to forge beyond its base of primarily consumers and win more enterprise business.
China’s Lenovo Announces $2 Billion Bond Deal With Saudi Arabia
Lenovo, the world's largest personal computer maker, will establish regional headquarters in the Saudi capital of Riyadh.
HubSpot Stock Surges on Google Takeover Report
The latest report suggests that Google plans to buy the marketing software firm, which has struggled with slowing growth and competitive risks posed by artificial intelligence.
Melinda French Gates Pledges $1 Billion for Women’s Rights Groups
The billionaire hopes to counter efforts by ‘the enemies of progress.’
TikTok Ban Lawsuit Set for Oral Arguments in September
TikTok and the Justice Department have asked for a ruling in the case by Dec. 6, which would give them time to pursue an appeal before the Supreme Court.
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