India’s Online Education Giant Byju’s in Talks for $48 Billion Listing Via SPAC
The company is in talks to raise as much as $4 billion from a merger with a special purpose acquisition vehicle from Churchill Capital.
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Recent Editions
Reddit Files Confidentially for IPO
The social media company which became a hub for meme-stock mania was last valued at $10 billion when it announced a round of financing in August.
China’s Government in Talks to Take Small Stake in Didi
Beijing's talks with Didi about the possibility of taking a stake are part of a planned restructuring of the company's business.
Cloud Startup Samsara Raises $805 Million in IPO
While Samsara provides cloud-based software and hardware devices for tracking vehicle fleets, it considers itself a software company first and foremost.
Top Crypto Investor Katie Haun to Exit Andreessen Horowitz
Haun will launch her own venture capital firm in early 2022.
Google Employees Who Don’t Comply with Vaccine Mandate Can Be Fired
Google told staff they must upload proof of vaccination to the company or apply for an exemption; those who don’t will be placed on leave and eventually fired
U.S. to Add Drone Maker DJI, Other Chinese Firms to Investment Blacklist
The U.S. is placing more Chinese firms on the blacklist due to their alleged involvement in the surveillance of the Uyghur muslim minority.
Robinhood Acquires Crypto Trading Platform Cove Markets
Robinhood acquired Cove Markets, which lets users trade crypto across multiple exchanges.
Norwest, Initialized Raise New VC Funds
U.S. VC fundraising soars past $100 billion this year as Norwest, Initialized announce new funds.
UK Competition Watchdog: Apple and Google’s Mobile “Duopoly” Harms Consumers
An interim report from the UK regulator lays out ways it could try to spur more competition in smartphone operating systems and payments
Instagram’s Head of Marketing Announces Departure
Melissa Waters is the latest of several Meta executives to step down in recent weeks.
Proposed Legislation Would Require Meta to Share Data with Researchers
The bill would create a system for researchers to submit proposals to the National Science Foundation.
China’s Regulator Fines Weibo for Content Violation
The move shows how Chinese online content platforms continue to face risks amid Beijing's regulatory crackdown.
California Suspends Self-Driving Startup Pony.ai’s Testing Permit
The new challenge comes after Pony.ai, which is based in China and the U.S., earlier this year halted its plans to go public in New York.
Polish Regulator Investigating Apple’s Tracking Restrictions
The changes have upended the mobile advertising industry.
OSHA Investigates Fatal Amazon Warehouse Collapse
OSHA is investigating the collapse of an Amazon warehouse in Edwardsville, Illinois, which killed six workers.
Nike Acquires Virtual Goods Seller RTFKT
The acquisition sees Nike dipping its toes in the sale of virtual goods as growth in the company's online business continues to accelerate.
UK Investigating Microsoft’s $19.7 Billion Purchase of Nuance Communications
The U.S. Department of Justice already passed on reviewing the deal.
Government Officials Raise Alarm Over New Cybersecurity Flaw
A new flaw in the open-source Apache server software could put hundreds of millions of servers at risk, and attackers are racing to exploit it.
Vox Media Acquires Group Nine Media
The merger creates a digital-media company that is expected to generate more than $700 million in revenue next year.
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
