Microsoft Was Willing to Lose $15 Billion Annually to Win Apple Search Deal
Google’s search deal with Apple has made it difficult for Bing to compete, Nadella said.
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Recent Editions
Tesla Deliveries Decline in Third Quarter
Tesla said factory downtime contributed to production slowdown
Big Tech Critic Luther Lowe Leaves Yelp
Lowe has been a key figure in convincing officials to pursue antitrust enforcement against tech companies.
Following Probe, SEC Won’t Recommend Enforcement Action Against Bolt
The SEC spent more than a year investigating whether federal securities laws had been violated in connection with statements made when Bolt was raising money.
Marc Lore’s Wonder to Buy Blue Apron for $103 Million
Blue Apron, which went public in 2017 at a valuation of $1.9 billion, had struggled in recent years amid mounting competition from competitors like Hello Fresh and Amazon.
X’s Daily Active Users Have Dropped Since Musk Bought Company
The decline in users could complicate Musk and X CEO Linda Yaccarino’s efforts to turn around the company.
Jasper Cuts Internal Valuation, Revenue Projections
Jasper AI CEO Dave Rogenmoser stepped down from the company on Thursday.
Sarah Guo’s VC Firm Purchases AI Chips for Startups
The few VC firms that have acquired access to the in-demand chips are taking on the risk their price will drop.
Microsoft Reportedly Tried to Sell Bing to Apple in 2020
The revelation comes as the Justice Department seeks to prove that Google violated antitrust laws by abusing its dominance over the search market.
France Searched Nvidia Office in ‘Anti-Competitive’ Probe
Nvidia has been leveraging its AI hardware dominance to launch its own cloud services.
Epic Games Sheds 830 Employees, Sells Music and Ad-Tech Businesses
Separately, both Epic and Apple asked the Supreme Court to review lower-court rulings in their antitrust battle.
Y Combinator Laid Off Admissions Team
YC cut a small team overseeing admissions to the accelerator this summer, another indicator that YC's new president is focused on bringing back the old days.
OpenAI and Jony Ive in Talks to Raise $1 Billion from SoftBank for AI Device
No deal has been agreed upon yet, and it could be several months before a venture is formally announced.
Musk’s X Cuts Half of Election Integrity Team After Promising to Expand It
The cuts come less than a month after the company said it would expand the team and as X faces renewed criticism from the European Commission over the volume of misinformation on its platform.
Apple Used Bing Search Engine as ‘Bargaining Chip’ with Google, Microsoft Exec Says
Parakhin said that “Apple is making more money on Bing existing than Bing does.”
Meta Rolls Out New AI Products
Meta's new products included Meta AI, an assistant available on Messenger, WhatsApp and Instagram.
Amazon Aggregator Thrasio Hires Restructuring Advisers
The move is the latest sign of distress in the once-hot corner of e-commerce.
Shopify Invests in Wholesale Site Faire
The partnership is the latest deal between Shopify and a startup that works closely with its sellers.
Designer Jony Ive, OpenAI’s Sam Altman Discuss AI Hardware Project
Softbank's Masayoshi Son has been involved in some aspect of the conversation.
Investment Bank Centerview Punishes Bankers for Misconduct
The bank has also been battling with former partner David Handler, whose new firm recently landed the Cisco-Splunk deal.
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