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Laura Mandaro

Laura Mandaro

Senior Editor at The Information

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Email address
l*****@*******.comGet email address
Influence score
44
Location
United States
Languages
  • English
Covering topics
  • Computers & Technology

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Recent Articles

theinformation.com

Trump Says He’s Negotiating With Four TikTok Bidders

President Donald Trump said he was dealing with “four different groups” of potential buyers for TikTok. “A lot of people want it and it’s up to me,” he told reporters on Air Force One Sunday. Trump didn’t elaborate on who the potential buyers are. Some groups, such as one led by former Dodgers owner Frank McCourt, have said publicly they are interested in acquiring the U.S. assets of TikTok
theinformation.com

Bluesky Said to Near $700 Million Valuation

Bluesky, an alternative to Elon Musk’s X, is in talks to raise money at a $700 million valuation in a round led by Bain Capital Ventures, Business Insider reported. The new funding, if completed, would follow a jump in users after Musk successfully campaigned for Donald Trump in last year’s presidential election, turning off some X users. Three-year-old Bluesky, started as a side project of
theinformation.com

Ben Horowitz to Support Kamala Harris’ Presidential Run

Ben Horowitz told employees at the venture capital firm he co-founded that he planned to donate to Vice President Kamala Harris’ run for president, an about-face from his own position–and that of his co-founder Marc Andreessen—to support former President Donald Trump. In a note to staff, which he posted on Twitter , Horowitz said he and his wife Felicia had known Harris for more than a
theinformation.com

Lightspeed, After Backing xAI and Anthropic, Aims to Raise $7 Billi...

Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from ...
theinformation.com

Stripe Likes Creators—as Long as They’re SFW

For creators, getting paid comes a close second in importance to reaching fans. But we don’t often get an inside look at how the payments—from tips to subscriptions—happen. That’s why our colleague Michael Roddan’s reporting on Stripe earlier this week is a must read.Fintech companies like ...
theinformation.com

California’s AI Bill Won’t Harm Open Source, Says Author

A California bill that could penalize the makers of large artificial intelligence models if they’re found to cause harm is headed to California Gov. Gavin Newsom, where its outcome is uncertain. “I do not know what the governor will do,” said Scott Wiener, the state senator from San Francisco ...
theinformation.com

What Scale AI Tells Us About Humans and AI

We’re in the throes of artificial intelligence fever, but lessons from the last AI hype cycle still linger.Nearly four years ago, my colleague Amir published two stories detailing how businesses were starting to use artificial intelligence in meaningful (if sometimes rarified) ways, from ...
theinformation.com

Bret Taylor’s AI Startup Said to Near $1 Billion Valuation

The artificial intelligence startup co-founded by ex-Salesforce co-CEO Bret Taylor is raising $85 million in a new round led by Sequoia Capital, according to a person familiar with the deal. The transaction is likely to value the startup Sierra near $1 billion, according to Bloomberg, which first reported on the fundraising. The new financing comes roughly six months after the startup, then
theinformation.com

Briefing: Foundry Ventures Says It Won't Raise a New Fund - The Inf...

Foundry Ventures, a Boulder, Colo.-based venture firm that made early investments in Zynga and FitBit, said its most recent fund would be its last. The firm joins a growing number of venture investors that have decided to end or greatly reduce their investing activity as startup valuations plummet and a generation of investors nears retirement. Partner Seth Levine, who co-founded the firm
theinformation.com

Briefing: GM to Slash Spending on Cruise - The Information

General Motors CFO Paul Jacobson said the automaker would cut spending on Cruise by “hundreds of millions of dollars” next year, signaling likely layoffs at the self-driving car unit. In the same conference call with investors, CEO Mary Barra said the company expects the “pace of Cruise expansion to be more deliberate when operations resume.” Cruise lost a license from California regulators to
theinformation.com

What Went Down at OpenAI

What a turn of events! OpenAI began the day once again as the hottest startup in tech, run by the smartest hotshots in artificial intelligence. But around lunchtime on the west coast, it was a car crash, one that kept getting worse throughout the day.First, the OpenAI board dropped a bombshell ...