Alphabet to Wind Down Troubled Internet Balloon Subsidiary ‘Loon’
The decision comes after The Information reported on Loon's troubled technology and struggle in securing outside funding.
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The Information AM
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Recent Editions
Incoming Intel CEO Tips Hand on Manufacturing Plans
Pat Gelsinger, who previously worked at Intel for three decades, has a plan for restoring investors' faith in the chip maker after some missteps.
Slaughter Named Acting FTC Chair
Biden tapped an aggressive critic of big tech to serve as the acting chair of the Federal Trade Commission.
Federal Court Denies Parler’s Bid to Reverse AWS Suspension
Parler's efforts to convince a federal court to force AWS to reinstate its account have fizzled, further complicating its ability to remain online.
Instacart Lays Off Part of Its Workforce
The layoffs, which affected all its unionized employees in Illinois, are part of a shift toward more grocery pick-ups
Democratic Lawmaker Calls for FBI Probe of Parler
A lawmaker calls for a probe of Parler, highlighting pressure on right-leaning sites that allowed users to post calls for violent insurrection.
Facebook Refers Trump Decision to External Oversight Board
The board will review Facebook’s decision to indefinitely suspend former President Donald Trump’s ability to post.
Google Makes Deal to Pay French Publishers for News
The deal follows a French court ruling last year that said Google's inclusion of news content in search results breached European copyright laws.
China Bolsters Antitrust Rules Against Online Payment Firms
The directive comes as China ramps up antitrust efforts against Tencent and Ant Group, which have been allowed to grow relatively unchecked for the past decade.
Chinese Embassy’s Twitter Account Blocked After Post Defending Uighur Policy
Twitter blocked the official account of the Chinese embassy in the U.S. after posting that the women of the Muslim minority were not “baby-making machines.”
Amazon Offers to Help Biden Distribute Vaccines
In a letter to President Joseph Biden, Amazon offered to aid the new administration in its efforts to vaccinate 100 million Americans.
Europe Asks Biden for Help Reining In Big Tech
The European Commission hopes President Biden will be more of an ally in dealing with big tech.
Trump Pardons Ex-Google Engineer Levandowski
Anthony Levandowski had been sentenced to serve 18 months in prison after pleading guilty to stealing proprietary Google documents before launching a rival startup in 2016.
Jack Ma Makes First Public Appearance in Months
The Alibaba founder's silence, since his October speech that infuriated China's regulators, had triggered media speculation about his whereabouts and safety.
FTC Cracks Open Door to AI Regulation
The FTC's decision to force a company to delete a facial recognition algorithm could be a landmark case as regulators increase their focus on AI.
Netflix Says Doesn’t It Have to Borrow Money Anymore
The video streaming service passed 200 million subscribers in the fourth quarter, adding more than it expected to.
Electric Truck Maker Rivian Raises $2.65 Billion Round
The electric truck maker Rivian said it has raised $2.65 billion in a new round led by T. Rowe Price Associates.
Lumentum to Acquire Coherent in $5.7 Billion Cash-and-Stock Deal
The merger is the latest in a string of consolidations among companies in the semiconductor sector and related areas.
Microsoft Joins Cruise’s $2 Billion Funding Round
The latest funding round, also including Honda, valued Cruise at $30 billion.
ViacomCBS Launches Paramount+ March 4
The company will launch its service in the U.S., Latin America, the Nordics and later this year in Australia.
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