Pinduoduo Unveils $1.5 Billion Donation Program Amid Beijing’s Crackdown
Chinese internet giants are launching new charity and social responsibility initiatives that are in line with the Beijing's policy goals.
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
AMC Networks CEO to Step Down
Josh Sapan will transition to the role of executive chair of AMC Networks, raising questions if the company might be in play as an M&A target.
Connected TV Maker Vizio Sees Upfront Ad Boost
The TV manufacturer is aiming to compete with Roku and Amazon as a streaming distribution platform and ad seller.
U.S. SEC Will Require Chinese Companies to Disclose More Risks
The tougher requirements come after Chinese regulators slammed Didi Global just after it listed, sending its share price tumbling.
South Korea to Let Google, Apple Users Avoid In-App Commissions
The move comes as regulators around the world tighten scrutiny of big tech firms, which have focused on antitrust issues.
AWS Sales Exec Rosecrans Departs for Job at Stripe
Scott Rosecrans, a rising star at AWS who worked with former CEO Andy Jassy to negotiate deals with large customers, is leaving after five years.
Startup Valuations Continue Historic Rise
The average valuation for a late-stage startup in the U.S. reached $914 million in the first half of the year.
Taiwan Tells Washington Auto Chip Shortage Likely to Abate By Year-End
The move comes after U.S. senators from Michigan and Ohio—two auto manufacturing hubs—asked Taiwan to help ensure chip supplies.
Tencent-Backed Chinese Comic Reading App Raises $240 Million
Kuaikan's new funding round comes despite the Chinese government's escalating crackdown on internet platforms.
Crypto Mining Moves Out of China
As China continues to crackdown on energy-burning servers farms minting bitcoin, the miners are moving to places like North America.
Facebook Releases Report on Popular Posts After Previously Shelving It
Facebook's alleged cover-up of the report may cause more policymakers to view the company as being motivated by its own self-interest, not by notions of transparency.
California Judge Strikes Down Uber-Backed ‘Gig Worker’ Law Passed By Voters
The worker reclassification fight goes on, but Uber said it expected to win the case on appeal.
GM Doubles Chevy Bolt Recall to 140,000 Vehicles Over Battery Fire Concern
It also raises questions about the formulation used in the batteries of both the GM and Hyundai EVs—nickel-manganese-cobalt.
Amazon to Open Department Stores
Brick-and-mortar Amazon stores may soon be coming to a town near you
UK Antitrust Regulator Has ‘Significant’ Concerns Over Nvidia’s Arm Takeover
The companies have a difficult at best chance of completing the deal.
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.
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.
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