The Information
WEBThe Information has a simple mission: deliver important, deeply reported articles about the technology business you won’t find elsewhere. Many of the most influential people in the industry turn to us for fresh information and original insight.
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Technology - The Information
WEBMicrosoft’s vision of using artificial intelligence to take some of the drudgery out of creating spreadsheets, documents and slide presentations is running into snags at businesses like Ascendion, a technology consulting firm. The firm has about 100 employees testing a Microsoft AI feature known as 365 Copilot that automates tasks in ...
IRL Suspended CEO Shafi After Reported Pattern of Misconduct; …
WEBApr 30, 2023 · A special committee of messaging app IRL’s board of directors suspended CEO Abraham Shafi on Friday after receiving a report from outside counsel that outlined a pattern of misconduct by Shafi, an IRL spokesperson told The Information. The spokesperson for the company, previously valued at $1.2 billion when SoftBank invested in it in 2021, declined to offer details on the misconduct ...
The Electric by Steve LeVine — The Information
WEBBy Steve LeVine · Sep 16, 2024 4:30am PDT. In a call with Wall Street analysts in February, Ford CEO Jim Farley and Chief Financial Officer John Lawler detailed the costs to the company of its flagship electric Mach-E SUV and F-150 Lightning pickup. Ford lost $47,000 for each electric vehicle it sold in the fourth quarter of 2023, and was on ...
On Shein and Temu, Deadly Baby and Toddler Goods Are Easy to …
WEBOn the site of Temu’s main rival, Shein, shoppers can buy toddlers’ and children’s drawstring hoodies, which regulators say pose a strangulation risk. Both companies have expanded quickly the past two years by offering ultralow prices on clothes, electronics and other goods shipped directly from overseas. That’s made things more ...
Nvidia AI Chip Smuggling to China Becomes an Industry
WEBAug 12, 2024 · Several months ago, an electric appliance company in eastern China put in a $120 million order for 300 servers powered by eight of Nvidia’s cutting-edge H100 chips. The order was for chips that U.S. export rules bar from sale in China. To get around those rules, the company didn’t go to one of Nvidia’s authorized distributors but to a …
What Altman Discussed at a Secret All-Male Retreat
WEBAug 10, 2024 · Altman indicated that superintelligence is much closer than many imagine, my source said. (An OpenAI spokesperson declined to offer specifics on Altman’s remarks, citing the retreat’s confidential nature; the Bohemian Club declined to comment and so did a Schmidt spokesperson.) During Altman’s talk at a standing-room-only outdoor ...
All Eyes on Nvidia’s Numbers — The Information
WEBAug 23, 2024 · But we’ve still got plenty of business news. Next week is particularly important: Nvidia will report earnings for its July fiscal quarter on Wednesday. In a note to clients yesterday, Wedbush analyst Dan Ives described the Nvidia report as “the most important tech earnings in years,” one example of how obsessed Wall Street is with it.
The Recession Fears Looming Over VC’s Booming July
WEBAug 8, 2024, 3:15pm PDT. Global venture funding reached $23 billion last month, up 20% compared to July 2023, according to Crunchbase data. Judging from the numerous funding announcements that arrived in my inbox this morning, those increases look poised to continue. However, investors are wary a recession could hamper the turnaround.