iPhone Assembler Foxconn Says Parts Shortages Easing
The world's biggest contract manufacturer says overall supply chain woes will likely ease in the second half of this year.
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Uber Revenue Rises 83% Thanks to Delivery Business Gains
Uber said it turned a profit on an adjusted basis, though it still burned through almost $200 million in cash.
Salesforce Reportedly Plans to Launch NFT Cloud Service
The enterprise software company envisions offering a service that would allow artists to create NFTs to then sell on a marketplace like OpenSea, CNBC reported.
Disney Shows Recovery in Streaming Numbers
Disney began automatically bundling Disney+ with a Hulu offering, which helped lift Disney+ numbers in the U.S.
Microsoft Takes Public its Case For Regulatory Approval of Activision Deal
The company promises developer friendly policies, but questions remain.
Department of Justice Approves Discovery/Warner Deal
The deal now just needs Discovery shareholder approval to close.
SoftBank Denies Any Ties to Alibaba’s Share Registration Filing
Alibaba earlier registered an additional 1 billion shares in the U.S., leading analysts to speculate SoftBank would sell off more of its massive holding in the Chinese e-commerce company.
U.S. Government Seizes $3.6 Billion Bitcoin From Couple Accused of 2016 Bitfinex Hack
The husband and wife are accused of laundering proceeds from a theft of cryptocurrency that in total is today worth $4.5 billion.
Alchemy Valued at $10.2 Billion With New Funding From Lightspeed, Silverlake
The $200 million investment values the company nearly three times higher than its previous funding round just three months ago.
Microsoft Reportedly in Talks to Acquire Security Firm Mandiant
Microsoft's never-ending need for stronger cybersecurity protections has reportedly led it to discussions with a firm with deep research and forensic chops.
Lyft Posts 70% Higher Q4 Revenues But Flags Omicron Q1 Impact
The Omicron variant had a “significant impact on ride volumes” in January, Lyft CEO Logan Green told analysts, affecting the company's recovery.
Apple Puts Square in Crosshairs With New Payments Feature
The iPhone maker's new "Tap to Pay" feature puts the tech giant in competition with Block's point-of-sales provider Square as the go-to in-person payments solution for small businesses.
Peloton CEO To Step Down As Sale Rumors Swirl
The online fitness equipment seller has announced an executive shakeup, mass layoff and expenditure restructuring as consumers return to gyms and abandon their at-home workout routines.
SoftBank’s Quarterly Profit Drops as Stock Market Woes Continue
Given the weakness of U.S. tech stocks so far this year, SoftBank continues to face a tough environment.
Nvidia’s Arm Takeover Collapses
The largest ever semiconductor deal faced regulatory challenges around the world.
Polygon Raises $450 Million In Funding Round Led by Sequoia Capital India
SoftBank Vision Fund 2 and Tiger Global Management also participated in the token sale.
IRS Backtracks on Controversial Facial Recognition Plan
The IRS says it will substitute other technology for authenticating people when signing up for online accounts.
Alibaba Shares Drop After Analysts Say Major Stock Sale Could Be Imminent
Alibaba submitted a regulatory filing on Friday registering 1 million depositary shares, a sign that some shareholders might be cashing out.
Peter Thiel to Step Down From Meta’s Board
The billionaire reportedly plans to throw his weight behind Trump-aligned candidates in the midterm elections.
Coatue Managing Partner Kris Fredrickson Leaves Firm
Fredrickson had led the crossover firm’s investments in Instacart, Chime and several crypto currency startups.
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