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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

Judge Tells Sam Bankman-Fried to Stop Texting Former FTX Colleagues

Feb 1, 2023 · 10:01am PST
Bankman-Fried has reached out to current and former FTX employees since his arrest in December.
Briefing

Judge Rejects FTC’s Bid To Block Meta VR Deal

Feb 1, 2023 · 8:38am PST
The decision marks a setback for FTC Chair Lina Khan.
Briefing

Peloton Shares Jump on Subscription Growth and Narrower Loss

Feb 1, 2023 · 8:27am PST
The fitness products and content company ended the latest quarter with more people subscribed to its all-access membership, but total members dropped slightly.
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Bustle Lays Off 8% of Staff, Shuts Down Gawker

Feb 1, 2023 · 8:19am PST
The slowdown in ad spending continues to roil digital media firms. BDG is facing a "surprisingly difficult" Q1, its CEO said in a memo to staff.
Briefing

Peacock Drops Free Tier For New Users

Feb 1, 2023 · 7:55am PST
The cheapest option for new customers is now the $5 a month ad-supported tier.
Briefing

Intel Cuts Salaries Amid Grim Outlook

Jan 31, 2023 · 10:26pm PST
While numerous tech companies have conducted layoffs amid concerns about a global recession, Intel is one of the first to implement broad pay cuts.
Briefing

AMD Forecasts Sales Slowdown Due to Weak PC Demand

Jan 31, 2023 · 4:15pm PST
AMD's business did better than that of rival Intel in its December quarter but it expects weakening demand for PCs to have an impact this quarter.
Briefing

Snap Warns Revenue Could Fall 10% This Quarter

Jan 31, 2023 · 3:17pm PST
Results from Snap don’t bode well for Meta Platforms and other ad-supported networks due to report later this week.
Briefing

PayPal Lays Off 7% of Staff

Jan 31, 2023 · 2:32pm PST
CEO Dan Schulman attributed cost-cutting efforts, in part, to the economic slowdown.
Briefing

Celsius Used Customer Money to Buy Crypto, Bankruptcy Filing Shows

Jan 31, 2023 · 11:06am PST
Former Celsius CEO Alex Mashinsky sold at least 25 million Celsius tokens since 2018 for nearly $70 million.
Briefing

Instagram Cofounders Launch News App

Jan 31, 2023 · 9:53am PST
Artifact features a TikTok-like news feed curated to a user’s interests.
Briefing

European Union Considers Making Tech Firms Pay for Internet Infrastructure

Jan 31, 2023 · 9:16am PST
The proposal follows years of complaints by cable operators and phone companies that they pay for internet infrastructure without any contribution from companies that benefit the most.
Briefing

Tesla Probed By DOJ Over Self-Driving Car Claims

Jan 31, 2023 · 9:04am PST
The electric car maker confirmed the investigation on Tuesday.
Briefing

Warner Launches Free Ad-Supported Streaming Channels on Roku

Jan 31, 2023 · 8:49am PST
Warner Bros. Discovery is trying to increase revenue by expanding in the free, ad-supported streaming market.
Briefing

Rent the Runway Restructures Debt

Jan 31, 2023 · 8:26am PST
The clothing rental company will have two more years to pay back the $274.6 million it owes.
Briefing

iRobot Share Price Slides Amid Scrutiny of Amazon Buyout

Jan 31, 2023 · 6:50am PST
The drop likely reflects growing worries that the Federal Trade Commission in the U.S. and Competition and Markets Authority in the U.K. may challenge the deal.
Briefing

Spotify Reports Sharply Higher Operating Loss

Jan 31, 2023 · 6:19am PST
The results showed that Spotify's workforce had grown by 32% during 2022.
Briefing

TikTok CEO To Testify Before Congress

Jan 31, 2023 · 2:28am PST
The March 23 hearing of the U.S. Energy and Commerce Committee will be TikTok CEO Shouzi Chew’s first appearance before a U.S. Congressional committee.
Briefing

SoftBank’s Ex-COO Claure to Join Shein as Head of Latin America

Jan 31, 2023 · 1:01am PST
Marcelo Claure has also made a personal investment of $100 million into the Chinese startup which has grown into one of the most popular fast-fashion retailers in the world.
Briefing

Biden Administration May Fully Cut Off Huawei From U.S. Suppliers

Jan 30, 2023 · 11:25pm PST
The U.S. has been stepping up its efforts to limit China’s access to key technologies due to national security concerns.
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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