Gaming Trade Show E3 Cancels In Person Plans For Third Year
The Entertainment Software Association will again host an online event this summer
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Recent Editions
Banking App Dave Shares Rise 9% in Public Listing After SPAC Merger
The consumer finance startup is testing the public markets ahead of expected listings from other challenger banks such Chime and Revolut.
U.S. VC Investments Reach $330 Billion in 2021, Doubling Previous Record
Some investors warn of a coming market slowdown in 2022 as startup valuations reach record highs.
WarnerMedia, ViacomCBS Eye Sale of CW Network
The companies are in talks with Nexstar to buy the network.
France Fines Meta and Google $240 Million For Too Many Cookie Clicks
France fined Google and Meta over how many clicks are required for users to refuse data-tracking cookies when visiting the company platforms.
Vietnamese EV Maker VinFast Plans U.S. Battery Plant
The company, part of the Vingroup conglomerate, is launching sales of its electric SUV in the U.S. later this year.
OpenSea Valued at $13.3 Billion in Round Led by Paradigm, Coatue
OpenSea’s $300 million infusion gives it a valuation of 13.3 billion, eight times higher than the valuation it received at its last funding round in July.
Collaboration Startup Miro Valued at $17.5 Billion After New Funding
Miro, an 11-year-old company that sells cloud-based work collaboration software, has seen its business expand dramatically during the pandemic.
Tokyo Game Developer Buys Stake in ‘Avengers: Endgame’ Directors’ Entertainment Firm
The deal values AGBO, which was co-founded by Joe and Anthony Russo, at $1.1 billion—the latest in a string of pricey investments in Hollywood content firms.
Tencent Sells $3 Billion of Its Stake in Singapore’s Sea
Shares of Sea, Southeast Asia's most valuable tech giant with a market capitalization of more than $100 billion, fell 11% on the news of Tencent's divestment.
China’s New Algorithm Rules Could Curb Online Content and Shopping Recommendations
The impact of the new rules, which were first proposed in draft this summer, will depend on how they’re implemented and enforced when they take effect March 1.
Sony Sets Eyes on Selling Electric Vehicles
The electronics giant announced the creation of a new business unit, Sony Mobility, to pursue development of its own electric vehicles.
Alphabet Hands Top Executives Raises, Stock Awards
Alphabet is rewarding four of its most senior executives with salary increases and fresh stock awards after a year of industry-leading share price gains
FTC Warns Companies to Fix Log4j or Face Possible Legal Action
The agency is examining the impacts on data security from underfunded, but critical open source technology.
Qualcomm and Microsoft Partner on Chip for “Lightweight” Augmented Reality Glasses
The custom Qualcomm platform will be integrated with existing software from both companies.
Bloomberg Media CEO, NYT’s Ben Smith Launch New Venture
The two executives are stepping down immediately to launch a new media company.
Google Cloud Buys Israeli Cybersecurity Firm
Cloud providers are working to bolster how quickly and efficiently they can help customers respond to cyber threats
Theranos Founder Elizabeth Holmes Convicted of Investor Fraud
A U.S. jury found her guilty of four of 11 charges in a high-profile trial that shined an unflattering light on Silicon Valley.
China’s Tighter Rules for Overseas Listings to Take Effect Next Month
The rules are part of the Chinese government's effort to increase its oversight of companies that collect potentially sensitive data in China.
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