Arm Said to Develop AI Chips
If the AI chip becomes ready for mass production, it could be spun off under a new SoftBank subsidiary.
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Google’s Waymo Crosses 50,000 Paid Driverless Rides Per Week
Waymo's paid service is expanding in more cities.
OpenAI to Announce ChatGPT, GPT-4 Updates on Monday
CEO Sam Altman said that the company would not announce GPT-5 or a search engine on Monday.
Apple to Announce Siri AI Upgrades Next Month
Apple has focused on improving Siri for tasks people already use it for, like setting timers and creating grocery lists.
Circle Ventures Lead Lonergan Departs
Stablecoin firm to find replacement to lead venture investing.
Another Top Spotify Podcast Executive to Depart
Spotify's head of podcast studios, Julie McNamara, is reportedly leaving the company as the company aims to turn its podcast business profitable.
Reddit Bans Data Partners from Ad Targeting
Reddit said its $203 million data licensing deals are compliant with the new policy
Apple Apologizes for Widely Criticized iPad Pro Ad “Crushed!”
Apple said: "We missed the mark with this video, and we’re sorry."
DCG Revenue Up 51%, Driven By Higher Crypto Prices
Grayscale revenue flat from previous quarter amid bitcoin ETF outflows
Amazon to Launch Ireland Site Next Year
Amazon had slow-walked international expansion plans during CEO Andy Jassy’s cost-cutting efforts over the past couple of years
Warby Parker Shares Jump After Eyewear Maker Boosts Outlook
The one-time direct-to-consumer darling has seen sales growth return and narrowed losses.
Warner Bros. Discovery Adds Streaming Subscribers as TV Ad Revenue Drops 11%
Warner Bros. Discovery CEO David Zaslav also said the company remains in negotiations with the NBA to renew its live sports rights.
Arm Shares Fall 7% on Revenue Forecast
If Arm achieved the high end of its full year guidance range, it would represent revenue growth of around 26%.
Airbnb Forecasts Slowing Growth After Profit Doubles
It joins several consumer apps to predict a slowdown in the second quarter.
Instacart Shows Slight Improvement in Revenue and Profits
Instacart said its performance in the quarter was partly seasonal, "as more customers typically turn to our service in times of inclement weather."
Apple’s iPad Ad Draws Heavy Criticism
Paul Graham said Steve Jobs wouldn't have allowed the ad to go out.
Microsoft Announces New $3.3 Billion AI Data Center in Wisconsin
President Joe Biden will travel to the site of the data center Wednesday afternoon.
Uber Stock Falls After Company Projects Slower 2Q Growth
The quarter showed that the ride hailing business is growing more strongly than food delivery.
NY Times’ Digital Ad Revenues Grow Again in First Quarter
Digital subscriptions are growing at a higher rate than advertising, although the Times projected stronger ad growth in the second quarter.
U.S. Prosecutors Investigating Tesla for Securities and Wire Fraud Over Self-Driving Claims
The Department of Justice is reportedly looking into whether Tesla misled investors and consumers.
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