China Adopts Strict Data Privacy Law Amid Crackdown on Tech Giants
The move isn’t expected to curb the widespread government surveillance of Chinese citizens that currently takes place.
Weekday mornings
The Information AM
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
Recent Editions
Epic’s Unredacted Legal Filing Shows Google’s Fear of App Store ‘Contagion Risk’
The new filing fans the flames of Epic’s case and was published despite Google’s opposition.
Amazon to Stream Country Music Awards Exclusively
The company nabbed more live-TV rights for its streaming-video advertising business, even as award show viewership plummets.
OnlyFans Plans to Block Pornography From Site
In October, OnlyFans creators will no longer be allowed to post sexually graphic content on the service.
FTC Tries Again With Antitrust Case Against Facebook
It’s unclear if the expanded allegations will resolve the concerns of the judge who previously threw out the lawsuit.
Nvidia CEO Says Arm Deal Closure May See Further Delays
For the first time, Nvidia CEO Jensen Huang has acknowledged that his company's $40 billion acquisition chip designer Arm may extend beyond its original time frame.
Google Veteran Starts New FinTech Firm
Google executives with experience in payments have left the tech giant to join Caesar Sengupta’s new company, Arbo Works
Chinese AI Firms Look to Hong Kong IPOs After Domestic Plans Falter
SenseTime and Yitu both shifted to Hong Kong after a slowdown in approvals for IPOs in Shanghai’s new tech-friendly Star Market sent them seeking alternatives.
Privacy Coalition Criticizes Apple For Child Pornography Scanning
The letter comes as Apple faces intense backlash over the feature, which has raised concerns among some privacy experts that have previously praised Apple.
Chip Maker GlobalFoundries Files for IPO Amid Chip Shortage
The move could be an exit strategy for its own, Mubadala Investment, and suggests that they aren't interested in selling the business to Intel.
Crypto Trades Fuel Revenue Growth at Robinhood
Robinhood's revenue surged 131% from the same period in 2020, according to its first earnings report as a public company.
Morgan Stanley Leading New Databricks Round at $38 Billion Valuation
With two funding rounds this year totaling at least $2.5 billion, Databricks appears to be putting off its long-awaited IPO until next year.
Tencent President: China’s Ban on Tutoring Apps Hurts Ad Revenue
The tutoring ban's expected impact on Tencent's ad business shows how Beijing's escalating regulatory crackdown hurts internet giants in various ways.
Comcast and ViacomCBS to Launch European Streaming Service
The announcement follows The Information’s report that Comcast and ViacomCBS leaders were planning to meet and explore streaming partnerships at Sun Valley.
China’s Cybersecurity Probe of U.S.-Listed Full Truck Alliance Delayed by Covid
The longer the probe drags on, the bigger the potential negative impact on Full Truck, which has suspended new user registrations since early July.
SoftBank-Backed Karrot Valued at $2.7 Billion
The move comes as investment pours into South Korean tech firms, as a regulatory crackdown has soured some investors to startups in China.
Rubio Urges Biden to Block TikTok After News of Chinese Government Investment
Rubio's move came after The Information reported that China's government had taken a stake and a board seat in TikTok owner ByteDance's a key Chinese entity.
Adam Mosseri Says Facebook ‘Proactively’ Taking Down Taliban Content
The group’s use of encrypted messaging service WhatsApp is a vulnerability for Facebook as it cannot read the chats.
Startup Rubrik Valued at $4 Billion After Microsoft Investment
Microsoft is taking a stake in Rubrik while also working with the startup to help companies detect and recover from ransomware attacks.
Weibo’s Stock Tumbles After News of Beijing’s Stake in Domestic Entity
The Chinese government's previously unreported deal with Weibo is part of Beijing's broader crackdown on internet giants.
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
