Price Increases Lift Spotify’s Revenue and Bottom Line
Spotify reported 20% higher revenue in the first quarter, and a healthier operating profit than it has demonstrated in some time.
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Google Terminates Another 20 Employees Who Protested Israel Contract
The move raised the number of terminated employees to around 50.
Creator Startup Featured on Takeover List Sells Flagship Product
The target is one of dozens of creator startups that hadn't raised money since 2021, setting themselves up for a cash crunch.
Amazon to Add Drone Delivery in Arizona, End Service in California
Amazon’s drone delivery program, which dates back to at least 2013, has been slow to expand due in part to restrictions from the Federal Aviation Administration.
Meta Says Lenovo, Asus Will Use Its VR Software to Build Headsets
Meta is battling to develop the dominant operating system for AR and VR devices.
Tesla Cuts FSD and Car Prices
The price cuts come as Tesla struggles with declining sales ahead of its first quarter earnings.
Russian Court Sentences Meta Spokesperson to Six Years in Absentia
A military court in Moscow on Monday convicted Meta Platforms communications director Andy Stone of justifying terrorism, Russian independent news website Mediazona reported.
EU Probing New TikTok App Over ‘Addictive’ Rewards Program
The EU is probing TikTok's new app and its rewards programing for its 'addictive' design.
Former Coinbase Custody Head Joins Anchorage as COO
At Coinbase, Aaron Schnarch was instrumental in supporting the launch of bitcoin exchange-traded funds.
U.S. Commerce Secretary Reiterates Tough Position on China
Her comments come as Washington struggles to rebuild trade relations with Beijing.
TikTok Plots Suit Over U.S. Ban Bill, Exec Tells Staff
TikTok’s U.S. policy chief called the divest or ban bill ‘unconstitutional.’
Microsoft Hires Ex-Meta Platforms Exec to Boost Data Centers, OpenAI Supercomputers
Jason Taylor may take over some of the duties of Brian Harry, a senior executive involved in the Microsoft data center team, who has told colleagues that he plans to retire.
House Approves TikTok Sell or Ban Bill
The bill, part of a broader legislative package containing aid for Ukraine and Israel, now goes to the Senate where it is expected to be approved as soon as Monday.
Katie Haun to Leave Coinbase’s Board
With Haun's departure, Coinbase plans to reduce the size of the board from eight to seven.
Warner Bros. Discovery CEO Earns More Cash Than Netflix’s Chiefs
WBD CEO David Zaslav earned a cash bonus of $22 million for 2023, more than either of Netflix's co CEOs Ted Sarandos and Greg Peters.
U.K. Regulator Finds Flaws With Google’s Ad Privacy Plan
The U.K.’s privacy regulator believes Google’s proposal to crack down on user tracking would allow it to continue even after it’s implemented.
Aid Package, Including TikTok Bill, Advances in House
Support from Democrats in the House helped advance the bill past Republican opposition.
Tesla Recalls All 3,878 Cybertrucks Over Pedal Problem
Tesla must replace or rework all accelerator pedals on Cybertrucks.
Apple Pulls WhatsApp, Signal, Telegram And Line From China App Store
Although the apps’ services had already been blocked in China for years, the apps themselves could still be downloaded in China.
Ibotta Trades Up 17% After IPO
The first-day performance continues the sprinkling of good vibes in the IPO market, even as the broader stock market fell for the fifth straight day.
Weekday mornings
The Information AM by The Information Staff
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