Theo Wayt - Profile and Journalist Details
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Get connected with journalists todayTheo Wayt
Verified
Reporter, The Information
New York
Beats
culture personal financeBreaking tech
Teaching Methods
Content
By Theo Wayt Verified| The Information Verified Source: The InformationOnline bargain seller Temu is pulling back from buying digital ads on services including Google, Facebook and Instagram as U.S. tariffs strike at the heart of its direct-from-China business model. In early April, when President Donald Trump announced sweeping tariffs on U.S. trading partners, Temu parent WhaleCo Inc. had 60,000 active image, text and video ads on Google, according to the search giant’s ad transparency tool.
By Theo Wayt Verified| The Information Verified Source: The InformationAmazon CEO Andy Jassy earned $40.1 million last year, according to Amazon’s proxy statement published on Thursday. That figure includes stock that vested during the year, as well as salary, and was a 37% increase from the $29.2 million Jassy earned in 2023. Even though Jassy had 6% fewer shares vest in 2024 than 2023 under a 10-year equity grant he received when he became CEO, a surge in Amazon’s share price boosted the value of his compensation, Amazon said.
By Theo Wayt Verified| The Information Verified Source: The InformationAmazon is scheduled to launch the first non-prototype satellites for its Project Kuiper internet service into orbit on Wednesday night. The launch, which will bring 27 Kuiper satellites into orbit, is scheduled to take place after 7 p.m. EST on Wednesday in Cape Canaveral, Fla., according to Amazon. Amazon is launching the satellites aboard a rocket from United Launch Alliance, which is jointly run by Boeing and Lockheed Martin.
Company Info
The Information
The Information is a digital media company based in San Francisco, founded in December 2013 by journalist Jessica Lessin. It focuses on the technology industry, providing in-depth, data-driven analysis and exclusive investigative stories. The publication is recognized for its impactful reporting, which has influenced significant industry deals and garnered attention from major news outlets. The Information operates on a subscription-based model, offering exclusive articles and analysis to its subscribers. It also hosts global networking events for industry professionals and features a daily briefing that curates headlines with commentary on tech news. Additionally, it launched "The Tech Top 10" for consumer-focused technology news and "The Electric," a standalone publication dedicated to electric vehicle news. The Information has played a significant role in shaping industry discussions and has contributed to over $97 billion in brokered deals since its inception.
San Francisco, California, United States
Founded: 2013