Confluent Aims for $8 Billion-Plus Valuation in IPO
The startup, which is building a business around the open-source data processing software Apache Kafka, revealed slowing sales growth last month.
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Waymo Raises $2.5 Billion Amid AV Industry Consolidation
Waymo has raised another round of investments, led by parent Alphabet.
Alibaba’s Tsai: Jack Ma ‘Lying Low’ Focusing on Hobbies, Philanthropy
Ma has largely disappeared from public view since Alibaba and Ant Group came under intense scrutiny from China's regulators late last year.
Alibaba Falls Victim to Data-Scraping Leak
The leak comes as China's government is taking steps to tighten its control over the data collected by internet companies.
South Korean Videogame Maker Behind PUBG Seeks $5 Billion in IPO
The IPO would be a boon to investors such as Chinese internet giant Tencent, which owns a roughly 16% stake in the company.
Sonos Brings Criticism of Google and Amazon to Senate
Lawmakers accused the companies of using their scale as an unfair advantage when it comes to in-home technology.
Zuckerberg Shows Off Facebook Audio Rooms
Tech companies are rushing into social audio, which grew in popularity during the pandemic shutdowns.
Amazon’s Cashierless Tech Comes to a Full-Size Grocery Store
Amazon on Tuesday announced that its cashierless Just Walk Out technology will soon be deployed in a full-size grocery store for the first time.
Tech Critic Lina Khan Named FTC Chair
Khan arrives at the five-member regulatory commission during an extraordinary time for antitrust enforcement in the U.S.
Social App IRL Raises From SoftBank at $1.2 Billion Valuation
The teenage messaging app is one of Softbank’s first major social media investments since ByteDance.
U.K. Regulators to Examine if Google and Apple Run Smartphone Duopoly
Antitrust authorities will examine whether the two companies are effectively a duopoly in mobile phones with Android and iOS, the two dominant operating systems.
E.U. Court Says Facebook Can Be Pursued by National Data Agencies
The E.U. Court of Justice ruled that Belgium could pursue an investigation into Facebook despite the social media giant being headquartered in Ireland.
SoftBank Leads $360 Million Funding Round for Singapore’s Carro
Carro's new round is the latest indication of how Southeast Asia's e-commerce sector is attracting more money from global investors.
India to Accelerate Amazon and Flipkart Antitrust Investigations
The investigations have resumed after a court rejected efforts by Amazon and Walmart’s Flipkart to block them.
Major Revisions to Apple Watch Pushed to 2022 and Beyond
The Apple Watch hasn’t achieved the same level of popularity as the iPhone and still can’t be used independently of Apple's flagship device.
Online Grocer Boxed to Go Public Via $900M SPAC Deal
The merger with special purpose acquisition company Seven Oaks Acquisition would reportedly value Boxed at just under $900 million.
YouTube Blocks Certain Ads From Masthead
YouTube will no longer allow ads at the top of its homepage featuring gambling, political content, prescription drugs or alcohol.
Supreme Court Gives LinkedIn Another Shot in Data Collection Case
The Microsoft-owned social media giant wants to make it illegal for others to gather personal data from users' public profiles.
Two Top Execs Resign From Lordstown Motors Following Misleading Disclosures
The electric truck maker’s CEO Steve Burns and CFO Julio Rodriguez stepped down after the board concluded the company disclosed inaccurate information about truck pre-orders.
Thrasio in Talks to Go Public Via SPAC Merger
FBA rollup darling Thrasio is in talks to go public by merging with a blank-check company led by Michael Klein, Bloomberg reported Friday.
Weekday mornings
The Information AM by The Information Staff
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