Articles from www.theinformation.com

Articles from www.theinformation.com

Andy Rubin is working on Simple Things, a startup focused on home surveillance services, and appears to have brought on staff from his previous firm Essential (www.theinformation.com)
2022-10-27 Startup

Source: Apple is working on an iPad with a 16-inch screen that the company hopes to release in Q4 2023 (www.theinformation.com)
2022-10-27 Apple 4Q iPad

Source: Israeli cybersecurity company Cybereason, which is valued at $2.5B, is looking for a buyer after abandoning plans to go public earlier in 2022 (www.theinformation.com)
2022-10-22 Israel

Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others (www.theinformation.com)
2022-10-21 Microsoft

Microsoft Forms New Team to Target ‘Industrial Metaverse' (www.theinformation.com)
2022-10-20 Microsoft

Sources: worried about a threat from Apple, Google doubles down on its own hardware and moves some staff from other teams to work on Google-branded devices (www.theinformation.com)
2022-10-19 Google Apple

Doc: a shareholders' agreement from Elon Musk for Twitter investors gives him “sole discretion” on an IPO decision, “exclusive authority” on board changes, more (www.theinformation.com)
2022-10-15 IPO Twitter Elon Musk

Sources: Instacart slashed its internal valuation to ~$13B, its third cut this year, as it seeks to reset investor expectations ahead of an IPO (www.theinformation.com)
2022-10-15 IPO

Sources: Apple's mixed reality headset is expected to have the ability to scan the irises of users to let them log in and make payments inside the headset (www.theinformation.com)
2022-10-15 Apple

Memo to staff: Adam Mosseri says its surveys of creators show Instagram lags behind TikTok and YouTube on the most important creator satisfaction dimensions (www.theinformation.com)
2022-9-16 YouTube Instagram

Bessemer Venture Partners raised $4.6B for two new funds in August: $3.85B for young startups, the firm's biggest fund to date, and $780M for PE buyouts (www.theinformation.com)
2022-9-9 Startup

Internal memo: Instagram plans to eventually eliminate its existing Shopping page and will test a simpler and less personalized page over the next few months (www.theinformation.com)
2022-9-7 Instagram

OnlyFans says revenue for the year ending November 2021 rose 160% YoY to $932M and number of creators rose 34% to 2.1M, earning ~$4B, with fans up 128% to 188M (www.theinformation.com)
2022-9-2

TikTok cut jobs in its US advertising department weeks ago as part of the unit's restructuring, offering affected employees 30 days to find roles in other units (www.theinformation.com)
2022-8-28

Source: Cisco CEO told staff that the company will increase operating expenses by $1B over the next year, in part to raise pay and stop employee departures (www.theinformation.com)
2022-8-20 Cisco

Source: BeReal had 7.9M DAUs in July, up from 2M in January 2022; this spring, BeReal raised a Series B led by DST Global at a pre-money valuation of $600M (www.theinformation.com)
2022-8-10

Sources: DataRobot's CFO and several other execs have resigned after CEO Dan Wright's resignation last month, amid an uproar over execs' quiet stock sales (www.theinformation.com)
2022-8-9

The Metaverse Real Estate Boom Turns Into a Bust (www.theinformation.com)
2022-8-4

Memo: Dan Wright, CEO of enterprise AI company DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives (www.theinformation.com)
2022-7-21 AI

Google says it will pause hiring for two weeks, not affecting offers that were already made, after saying last week it would slow hiring for the rest of 2022 (www.theinformation.com)
2022-7-21 Google

Inside Apple's Eight-Year Struggle to Build a Self-Driving Car (www.theinformation.com)
2022-7-17 Apple

In an internal post, Meta's Head of Remote Presence and Engineering Maher Saba instructed engineering managers to identify and “move to exit” low performers (www.theinformation.com)
2022-7-12

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