Goldman Sachs Hires Former Stripe Payments Executive
The hire shows how Goldman Sachs' adoption of cloud application development techniques for investment banking is spreading into the consumer side.
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Twitter Subscription Feature Could Include ‘Tipping’
Tipping has become a feature of platforms, such as OnlyFans and Twitch, that host content from artists and other creators.
Chinese Users Scramble to Clubhouse Before It’s Blocked
The chat app has quickly grown popular as a platform for rare unfettered discussions of sensitive topics by Chinese users.
SoftBank Reaps $11 Billion Profit on Vision Fund Investment Gains
The Vision Fund's investment gains surged thanks in part to DoorDash's blockbuster IPO and the rise in Uber shares.
TikTok in Big E-Commerce Push in the U.S.
A report says that TikTok is pushing into affiliate marketing and live-streaming e-commerce.
Hyundai and Kia Say They Aren’t in Talks to Develop Apple’s Autonomous Vehicle
Hyundai and its affiliate Kia said they're not working on an Apple car, but they're talking to other companies about developing autonomous electric vehicles.
Study Shows Facebook Most Cited by Justice Department in Capital Hill Attack Charges
A study by the Program on Extremism at the George Washington University of some 200 charging documents found Facebook posts referenced in connection to the January 6 siege 73 times.
Oscar Health Files to Go Public, Hippo in SPAC Talks
The two deals reflect investor excitement about insurance tech startups.
Microsoft Suspends Donations to Politicians Who Voted to Overturn Election
After pausing its political action committee's contributions to members of congress after the Capitol riots, Microsoft is now taking a harder line.
Alibaba’s $5 Billion Bond Draws Demand Despite Regulatory Crackdown
The bond, which was oversubscribed, allowed Alibaba to raise money at cheaper rates and signals that investors have largely dismissed its regulatory problems.
IBM Shutters China Research Lab
IBM, which opened an R&D center in China in 1995, follows in the footsteps of Oracle, which closed its China lab two years ago.
Tencent Music Seeks Secondary Listing in Hong Kong
The firm is taking advantage of Hong Kong's red-hot capital markets and seeking protection from increased scrutiny of Chinese firms listed in the U.S.
Alphabet Workers Union Files Labor Violation Against Google Contractor
The charge claims that the contractor illegally prevented workers from speaking out about wages.
Twitter Expands Cloud Agreement With Google
After moving some data analytics and storage to Google Cloud more than two years ago, Twitter is now moving more of its computing to the provider.
Pinterest Caps Off 2020 With Huge Revenue and User Growth
The company's revenue in the fourth quarter was up 76% as it broke through with advertisers in the US.
Snap Grows Revenue 62% as Daily Users Reach 265 million
CEO Evan Spiegel said the growth “validates the broad appeal of our service” and that “we see a tremendous opportunity to innovate in ecommerce."
Microsoft Bolsters Teams With New Remote Work Features
Microsoft, which has been locked in a battle with Zoom, Slack and others in the market for remote work software, is now upping the ante.
Digital Now Dominates New York Times Co. Revenues
Despite growth in digital, long term trends are troubling, as average revenue per digital subscriber is falling and digital advertising is also declining.
CNN’s Zucker to Leave at End of Year
The announcement puts to end months of speculation about when the chief would leave, but now raises more questions about the future of the network.
Banks to Reduce Consumer Loan Cooperation With Ant Group
Beijing's regulatory crackdown could force Chinese financial technology giant Ant Group to scale back its consumer credit and loan services.
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