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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

Intel Forced to Apologize After Statement on Xinjiang Suppliers

Dec 23, 2021 · 12:19am PST
The chip maker faced backlash after issuing a statement to suppliers that it had to comply with requirements from multiple governments that it not source labor or goods from the region.
Briefing

Tencent Reduces Stake in JD.com

Dec 22, 2021 · 8:07pm PST
The social network and gaming giant will distribute $16.4 billion-worth of its shares in the online retailer as a dividend to Tencent shareholders.
Briefing

FTC’s Amazon Antitrust Probe Expands to Cloud Unit

Dec 22, 2021 · 2:13pm PST
FTC Chief Lina Khan and her team has been scrutinizing various parts of Amazon's business, and now its cloud computing unit is under the microscope.
Briefing

Disney Hires Spotify Exec as General Counsel

Dec 22, 2021 · 12:18pm PST
Horacio Gutierrez has been a vocal critic of Apple and may help Disney go head to head with tech giants.
Briefing

Biden Administration Spurs Addition of More Covid-19 Test Sites on Google Maps

Dec 22, 2021 · 11:25am PST
Google has added thousands of new sites offering free Covid-19 test sites to its map and search products at the urging of the Biden Administration
Briefing

Amazon Seeks Indian Antitrust Approval to Acquire Major Seller

Dec 22, 2021 · 11:18am PST
Amazon is beefing up its presence in India.
Briefing

European Commission Clears Discovery-WarnerMedia Merger

Dec 22, 2021 · 10:16am PST
The approval clears a major hurdle facing Discovery. U.S. regulatory clearance looms, however, as U.S. antitrust authorities have lately taken a much tougher attitude towards big mergers.
Briefing

China Approves SK Hynix Acquisition of Intel’s NAND Memory Chip Business

Dec 22, 2021 · 1:36am PST
The South Korean company said China’s antitrust authorities approved the $9 billion deal.
Briefing

Data Management Startup Cohesity Files Confidentially for IPO

Dec 21, 2021 · 2:42pm PST
Cohesity, which helps organizations protect and manage large amounts of data, looks poised to beat rival Rubrik to the public markets.
Briefing

Meta Pulls Back From CES 2022 as Omicron Anxiety Builds

Dec 21, 2021 · 2:29pm PST
Meta says it won’t be sending employees to the annual event “out of an abundance of caution and care.”
Briefing

Verily Further Elevates Longtime Alphabet Executive

Dec 21, 2021 · 12:35pm PST
Alphabet-owned life sciences and health company Verily has handed chief operating officer Stephen Gillett an additional role as president
Briefing

Nikola to Pay SEC $125 Million to Settle Charges of Misleading Investors

Dec 21, 2021 · 7:56am PST
The Securities and Exchange Commission announced Tuesday that electric vehicle maker Nikola will pay $125 million to settle charges that it misled investors about its products.
Briefing

OnlyFans Founder Tim Stokely Steps Down, Appoints PR Chief Ami Gan as CEO

Dec 21, 2021 · 7:46am PST
Tim Stokely, the founder and CEO of OnlyFans, unexpectedly stepped down on Tuesday. Ami Gan, who headed communications, will lead the company.
Briefing

AT&T Sells Xandr Ad Tech Unit to Microsoft

Dec 21, 2021 · 7:07am PST
AT&T once sought to revolutionize TV advertising. It's now waving a white flag as it sells what was once a key ad tech unit to Microsoft.
Briefing

China’s Top Online Shopping Celebrity Fined $210 Million For Tax Evasion

Dec 20, 2021 · 11:03pm PST
Huang Wei, known as Viya, was also suspended from Taobao, the online shopping site owned by Alibaba, where her shows drove huge online sales.
Briefing

Booted From the U.S., China Mobile Seeks to Raise $7.6 Billion in Shanghai IPO

Dec 20, 2021 · 7:46pm PST
The state-owned carrier is planning the biggest domestic initial public offering in a decade in a major test for China’s stock market.
Briefing

Tech Hiring Startup Turing Valued at $1.1 Billion After New Funding

Dec 20, 2021 · 3:38pm PST
Turing, which topped The Information's list of promising business-to-business startups this year, is looking to take on consulting giants.
Briefing

Meta Platforms Poaches Senior Lawyer From U.K. Antitrust Agency

Dec 20, 2021 · 3:30pm PST
Jenny Coombes previously spent eight years working as a competition lawyer at Google.
Briefing

Electric Vehicle Stocks Fall With Biden’s ‘Build Back Better’ Plan in Jeopardy

Dec 20, 2021 · 3:24pm PST
Among the worst hit stocks Monday included electric vehicle makers Lordstown Motors, Rivian and Nikola, which respectively fell 8.2%, 7.9% and 7.3% from the close of the market Friday.
Briefing

Subscription Streaming Video Content Spending Approaches $50 Billion in 2021

Dec 20, 2021 · 3:22pm PST
Content spending by subscription streaming services is up 20% year-over-year, new research says, as Netflix and its rivals duke it out to lure new customers.