Didi Chuxing Said to Eye 2021 for IPO
China's ride hailing giant said it didn't have a definite time table for an initial public offering.
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The Information AM
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Pakistan Lifts TikTok Ban After 10 Days
While Pakistan's decision is good news for TikTok, the popular video app's fate in the U.S. remains in limbo.
Neumann Didn’t Get Full $185M ‘Consulting’ Payout, WeWork Exec Says
The statement marks another effort from SoftBank to try to distance itself from the disgraced WeWork founder Neumann.
HeadSpin Under Investigation by DOJ, SEC for Financial Misrepresentations
The investigations began in August after The Information reported on the board’s accounting probe and replacement of its co-founder and CEO Manish Lachwani.
AT&T’s CEO Calls Out Tech Giants for Being Too Powerful
The company still hasn't gotten its HBOMax app approved on Amazon's streaming devices.
Intel Agrees to Sell Memory Chip Unit to Hynix
The sale would be the latest step by Intel to reorient its business away from weaker businesses towards faster-growth areas like self driving cars.
Deadline for Google-Fitbit Antitrust Review in Europe Further Delayed
European antitrust regulators have delayed a decision on Google's proposed $2.1 billion acquisition of Fitbit, the maker of wearable fitness trackers.
Oracle’s Ellison Donated to TikTok Deal’s Senate Proponent
Ellison gave $250,000 to Republican Senator Lindsey Graham just days before the White House signed off on Oracle's participation in the purchase of TikTok.
Alibaba Takes Control of Chinese Retailer in $3.6 Billion Deal
Alibaba's deal to take control of supermarket operator Sun Art and consolidate its earnings raises questions about the e-commerce giant's strategy.
Ant Group Gets Regulatory Clearances for HK Listing
The approval from Chinese and Hong Kong regulators could put to rest concerns that the IPO might be held up or delayed.
China’s GDP Grows 4.9% in Third Quarter
China's economy is back on track even though it was the origin of the Covid-19 outbreak.
Twitter Unblocks Sharing of New York Post Story on Biden’s Son
The whipsaw move comes after Twitter was hit with political blowback for blocking the Post's story about Hunter Biden.
Nextdoor Reportedly Eyeing $5 Billion Public Listing
The social network’s goal valuation is more than double what it was valued at in 2019.
Warner Bros TV Chief to Step Down
It's another step that dismantles the veteran executive team at WarnerMedia
States to Continue Their Google Antitrust Probe After DOJ Files Case
State prosecutors are preparing a statement to explain why they are going to continue investigating Google even after the DOJ files its case.
Uber Launches Joint Venture in South Korea
The deal with SK Telecom would expand its presence in the country where it has faced regulatory pressure.
Twitter Eases Hacked Material Policy After N.Y. Post’s Biden Story
Twitter said it would no longer remove tweets including hacked material unless it's shared by the hackers or people working with them.
DoJ Rejects DirecTV Dish Merger
Regulators' opposition to a DirecTV/Dish deal leaves AT&T with few options for the satellite business.
Robinhood Cyberattackers Gained Access to 2000 Accounts
After dealing with service outages for much of the year, Robinhood is now faced with a major cyberattack that was much larger than it initially indicated.
FCC Chairman to “Clarify” Section 230 Immunity for Big Tech
Republican FCC Chairman Ajit Pai says he will move forward with a review of a law that protects big tech companies from lawsuits over user posts.
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