SoftBank-Backed Ola Denied London Taxi License
Ola’s situation is similar to Uber’s, which won back its London license last month after an appeal.
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Recent Editions
McAfee Sued by SEC Over Promotions of Cryptocurrencies on Twitter
McAfee Creator sued by SEC for misleading his Twitter followers in a scheme to promote virtually worthless cryptocurrencies.
Ex-Apple Engineer Launches Conversational AI Startup
The startup, called Brighten.ai, aims to provide faster speech recognition than companies like Amazon and Google, as well as lower costs.
Opendoor, Seeking SPAC Merger, Lays Out Financial Picture
A lower volume of home sales amid Covid-19 decreased Opendoor’s nearly $2 billion in revenue by 12% in the first half of 2020.
Slack Working to Restore Service Amid Connection Issues
The service slowdown follows high-profile service interruptions for users of Microsoft and Google services in recent weeks.
Regal Cinemas Suspends Operations in U.S Amidst Pandemic
The second largest movie theater chain in the U.S. is suspending operations in over 500 locations.
U.S. Seeks to Overturn Injunction Halting WeChat Ban
Despite the Justice Department's appeal, it remains unclear whether the Washington can provide hard evidence that WeChat is spying on American users.
Alibaba to Invest in Swiss Travel Retailer Dufry
The investment comes as Dufry's share price has plummeted due to the coronavirus pandemic.
Former Chinese Government Official Ran TikTok’s Content Policy
The former diplomat's role at ByteDance could raise questions about whether Beijing could have any influence on TikTok.
Facebook’s Antitrust Defense May Argue Breakup Would Defy Law: Report
Facebook is preparing for the lease of a House antitrust panel's probe of big tech companies.
CEOs of Facebook, Google, Twitter Will Testify to Senate Before Election
Republicans want to yell at the social media companies about alleged bias against conservatives.
Uber Sells Stake in Freight Unit at $3.3 Billion Valuation
It's another cash-preservation move to ease concerns about Uber's costly secondary businesses.
Facebook Bashes Netflix Documentary About Social Media
The documentary features interviews with a handful of Facebook critics and former tech execs critiquing the social network's effect on society.
Exercise Tracking App Strava Eyes Billion-Dollar Valuation
Strava, last valued at $365 million, plans to raise at least $150 million
Cisco Systems Buys Cybersecurity Firm Portshift
The deal is part of Cisco's strategy of expanding its cybersecurity efforts into new areas, such as protecting applications from threats.
Shares of Self-Driving Car Sensor Maker Velodyne Fall 30%
It's the latest company to merge itself into the public market via "SPAC."
Facebook Pushes Groups Feature in News Feed
By promoting groups more heavily, it appears that Facebook is gearing up to turn the ad spigot on.
BitMEX Executives Including CEO Face Criminal Charges
In an indictment unsealed Thursday, U.S. authorities charged CEO Arthur Hayes and three others with violating anti-money-laundering laws.
19,816 Amazon Employees Have Tested Positive for Covid
Following months of criticism from employees over the company's lack of transparency regarding infection rates in warehouses, Amazon released a state-by-state breakdown of positive (and presumed positive) cases among workers.
Microsoft Suffers Another Major Cloud Outage
Cloud service outages lasting several hours are relatively rare, but Microsoft has experienced two in the past three days.
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