Instacart CEO: ‘Highly Unlikely’ to Hold IPO This Year
The company will award cash bonuses to some employees, who will have to wait longer to cash out stock-based compensation.
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Recent Editions
Snap Predicts Flat Revenue After Weakest Quarter as Public Company
The Snapchat parent’s daily active users increased 19% alongside tepid revenue growth.
Musk Plans to Cut 75% of Twitter Employees
Even if Musk doesn't end up buying Twitter, the existing management plans to cut a quarter of the workforce next year anyway.
Microsoft Under Fire for New Cloud Security Glitch
Microsoft's Azure cloud has been dealing with numerous cybersecurity flaws, and now the software giant is feuding with a startup that recently found a new one.
Stripe Implements Harsher Performance Reviews
Senior leaders at the payments firm reportedly began telling managers this summer to be more stringent in evaluating their team members.
Binance.US Taps Former FBI Agent as Head of Investigations
The FBI launched a new crypto crime unit in February that works with the National Cryptocurrency Enforcement Team.
Chip Equipment Firm Lam Research Expects Revenue Hit From China Export Curbs
The Biden administration's new restrictions on semiconductor technology exports to China are affecting the global chip supply chain.
Musk Says He’s “Excited” By Twitter Even Though He’s “Overpaying”
Musk say board is weighing stock buyback
Gopuff Makes Its Third Round of Job Cuts This Year
Gopuff laid off around 250 customer service employees in its latest move to slash costs after a rapid expansion.
Microsoft Says it’s Developing a Mobile Game Store to Compete with Google and Apple
Microsoft said buying Activision will allow it to build a mobile gaming presence, which it currently lacks.
Klarna Adds Shoppable Videos, Creator Features
The installment lender is looking to make its app more of a shopping destination.
Co-CEO of South Korea’s Chat App Kakao Steps Down After Outage
Tens of millions were left without service after a fire Saturday at a company data center.
Netflix Expands Into Cloud Gaming
Some of the games will be based on hit Netflix shows such as “Stranger Things.”
Oracle Gives Cloud a Boost With Nvidia Chips, Software
Oracle has been on the fringes of the cloud computing market for years, but an upgrade of Nvidia chips and software could change that.
Andreessen Horowitz Wants to Be a ‘One-Stop-Shop’ for Founders, Says Dixon
In an interview at TechCrunch Disrupt, Andreessen Horowitz general partner Chris Dixon spoke about the future of the venture capital firm.
Microsoft Lays Off Hundreds of Staff Across Divisions
The company said in July that it planned to cut less than 1% of its 200,000-person workforce.
Starboard Value Reveals New Stake in Salesforce, Rallying Stock
Salesforce co-CEO Marc Benioff currently owns just 3% of the company.
Meta Platforms to Sell Giphy Under Regulatory Order
The ruling shows how difficult it is for big tech companies to expand via acquisition.
Meta Platforms to Sell Giphy Under Regulatory Order
The ruling shows how difficult it is for big tech companies such as Meta to expand via acquisition.
Strong EV Sales in China Boost Profit for BYD
The Chinese automaker which is partly owned by Buffett said its third quarter profit likely quadrupled.
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