Match CFO: App Store Ruling Can Cause ‘Substantial’ Shift in Profits to Developers
The maker of dating apps is preparing to offer its iPhone users the option of paying for subscriptions outside of the apps so it can avoid Apple's 30% fee.
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Recent Editions
Uber CTO to Depart Amid Higher Engineering Attrition
Rathnam is the second CTO to depart Uber in the past two years.
Design Software Startup Canva Valued at $40 Billion
Canva expects to surpass $1 billion in annualized revenue this year.
Apple Confirms iPhone 13, Available Sept. 24
The 80 minute long presentation was full of musical segments and videos and short on actual news.
Instagram Researchers Found App Harmed Teen Girl Users’ Mental Health
Company documents highlight executives’ awareness over body image problems tied to app.
Apple TV+ Taps Exec to Head Sports Documentaries
The company is hiring Miguel Tamayo, who most recently worked at Exile Content Studios, to oversee sports documentaries.
Amazon Plans 125,000 New Workers In Another Hiring Blitz
Amazon's latest hiring goal for hourly workers follows its recent announcement of hirings of corporate workers.
China’s DeepRoute.ai Raises $300 Million From Alibaba, Others
The investment comes a month after another Chinese self-driving startup, Pony.ai, shelved plans to go public in the U.S. through a special purpose acquisition company.
Grab Cuts 2021 Forecasts as Southeast Asia Fights Covid Impact
Grab, which is planning to go public in the U.S. through a $40 billion SPAC merger, expects the pandemic to affect its business outlook.
Google Fined $177 Million by South Korea Antitrust Agency
Fine comes amidst South Korea crackdown against big tech companies.
Intuit to Acquire Email Marketing Firm Mailchimp for $12 Billion
Intuit is branching out into email marketing software by acquiring Mailchimp, a 20-year-old company that hasn't taken any outside funding.
Toast Sets Pricing Range on Upcoming IPO
The restaurant software payment service is seeking to raise as much as $717.4 million in an offering that could value the company at more than $18 billion.
Biden Nominates Privacy advocate Alvaro Bedoya FTC Commissioner Spot
FTC Currently working on a new set of privacy rules.
Private Tech Equities Trading Firm Forge Global To Go Public In SPAC Merger
Forge, an online marketplace for trading shares in private companies, is valued at $2 billion in the deal
China Tells Alibaba and Tencent to Break Down Their Walls
The government told China’s two most powerful tech companies to stop blocking each other’s web links on their platforms as part of a wider crackdown on the sector.
China Wants Ant Group to Create New Separate App for Loans
China's government has been taking steps to tighten its control over Ant's financial services as well as the vast troves of data its Alipay app collects.
Google Underpaid Some Temp Workers for Years
A New York Times story says Google feared bad optics when it discovered the pay error and decided not to correct it for all of its temporary staff
Stripe Exploring Going Public via Direct Listing in 2022
A Stripe public listing would be a major event whenever it occurs, given that Stripe's current valuation is around $160 billion
Apple Loses Key Point in Epic Ruling, But Avoids Worst Case Outcome
A judge's ruling in the Epic lawsuit will force Apple to let developers link to alternative payment systems on the web.
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.
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