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The Information AM

By The Information Staff

Start your morning with the important global tech news of the day, covered by The Information team across five time zones.

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Recent Editions

Briefing

Amazon Shuts Down Halo Health and Fitness Team, Discontinues Devices

Apr 26, 2023 · 1:49pm PDT
The Halo team sat within Amazon’s devices and services division, which has come under pressure as Amazon looks to cut costs.
Briefing

Meta’s Q1 Revenue Increases 3% as Ad Business Slowly Recovers

Apr 26, 2023 · 1:37pm PDT
The company’s stock surged in after-hours trading following the earnings announcement.
Briefing

Layoffs Begin at Amazon Web Services

Apr 26, 2023 · 10:43am PDT
Though AWS is Amazon's most profitable business unit, the company is trimming its size amid slowed sales growth.
Briefing

Founder of Fox Corp.-Owned Free Streaming Service Tubi to Step Down

Apr 26, 2023 · 10:13am PDT
Farhad Massoudi will depart Tubi, which he sold to Fox Corp. in 2020 for about $440 million. Fox is creating a new digital business unit led by longtime CTO Paul Cheesbrough.
Briefing

Disney Sues Florida Gov. Ron DeSantis in Disney World Spat

Apr 26, 2023 · 9:44am PDT
Disney, which employs 75,000 people in Florida, alleges the state governor of retaliating against the company for its opposition to the "Don't Say Gay" education bill.
Briefing

UK Regulator Blocks Microsoft’s $69 Billion Bid to Acquire Activision

Apr 26, 2023 · 6:35am PDT
Microsoft says it will appeal the decision.
Briefing

Meta’s Clegg: TikTok in U.S. Creates ‘Lack of a Level Playing Field’

Apr 25, 2023 · 5:28pm PDT
Clegg’s comments come as social media executives whose companies compete with TikTok have become more vocal in their opposition to the company.
Briefing

OpenAI Teases Business Version of ChatGPT With Privacy Controls

Apr 25, 2023 · 2:06pm PDT
In the latest sign that OpenAI's business side is maturing, the startup unveiled new features that give ChatGPT users more control over the data they generate.
Briefing

Google Ad Revenue Declined For the Second Straight Quarter

Apr 25, 2023 · 2:01pm PDT
Operating income fell 13% in the first quarter, reflecting $2.6 billion in costs related to layoffs and downsizing office space.  
Briefing

Binance.US Cancels Deal To Buy Bankrupt Crypto Firm Voyager

Apr 25, 2023 · 1:52pm PDT
Voyager will now move to directly distribute cash and crypto back to customers.
Briefing

Microsoft Revenue Rose 7% in Q1, Spurred by Office 365

Apr 25, 2023 · 1:43pm PDT
Revenue in the unit that includes its Office 365 software grew 11%, compared to 7% growth in the quarter prior.
Briefing

Spotify Wants to Raise Prices This Year, Ek Says

Apr 25, 2023 · 10:38am PDT
The streaming service hit 210 million paying subscribers, but quarterly revenue grew less than the company expected, at 14%.
Briefing

FAA Opens Investigation Into SpaceX’s Starship ‘Mishap’ 

Apr 25, 2023 · 9:14am PDT
Witnesses reported scattered debris following the 33-engine blast off.
Briefing

Endeavor Sells Sports School IMG Academy to EQT

Apr 25, 2023 · 8:14am PDT
All-cash deal has an enterprise value of $1.25 billion.
Briefing

Coinbase Sues SEC to Respond to Rulemaking Petition

Apr 25, 2023 · 7:07am PDT
The lawsuit is the latest spat between Coinbase and the SEC and comes roughly a month after the agency sent a Wells Notice to the crypto exchange.
Briefing

First Republic Saw More Than $100 Billion of Deposits Flee During Crisis

Apr 24, 2023 · 3:26pm PDT
Bank says it will restructure and look to cut costs.
Briefing

Microsoft to Separate Teams, Office Products Under EU Antitrust Scrutiny

Apr 24, 2023 · 1:02pm PDT
The move could help Microsoft head off a formal antitrust investigation in the EU.
Briefing

Apple Wins Legal Battle Over Epic, Which Appealed Antitrust Verdict

Apr 24, 2023 · 12:55pm PDT
The ruling is a blow to Epic, which likely has lost the equivalent of at least $400 million in annual sales from “Fortnite” due to its absence on iPhones.
Briefing

Tucker Carlson Is Out at Fox News

Apr 24, 2023 · 8:59am PDT · 1 comment
Fox News said it's "agreed to part ways" with its star TV host. Fox recently settled a defamation lawsuit from Dominion Voting Systems for $787 million.
Briefing

Disney Undergoes Another Round of Layoffs

Apr 24, 2023 · 8:27am PDT
Disney is undergoing another round of layoffs this year as it plans to reduce costs by $5.5 billion. A third round of cuts is coming before the summer.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy
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