Amazon Looks to Sell $140 Million in Deliveroo Shares in IPO
Amazon will sell shares worth about $140 million in Deliveroo when the food and grocery delivery company goes public next week.
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Compass IPO Pricing Shows Win for SoftBank
The pricing would imply a win for SoftBank, which has poured about $1 billion into Compass over the last few years. Its stake is now worth more than $3 billion.
Hopin Acquires Two More Video Streaming Firms
Hopin has used money raised in funding rounds to snap up several video firms.
SoftBank-Backed Chinese Education Startup Hires CFO Ahead of Expected IPO
Zuoyebang, backed by SoftBank and Alibaba, is one of many highly valued Chinese tech startups that are preparing to go public this year.
Researchers Say TikTok Isn’t a Security Threat
Research by the University of Toronto's Citizen Lab into the underlying code on the popular Chinese owned app didn't find any evidence of malicious snooping.
Discord in Talks to Sell to Microsoft
The group messaging app has reportedly been fielding offers, including interest from Microsoft, that could value it at more than $10 billion.
WeWork Lost $3.2 Billion in 2020
Its occupancy rate fell to 47% at the end of 2020, from 72% at the start of the year.
ViacomCBS Cashes In On Stock Rally With Share Offering
ViacomCBS follows Roku, Zoom and Tesla in selling shares after enjoying a big run up in its stock price.
Box Reportedly Seeking Buyer, Shares Jump 10%
Activist hedge fund Starboard Value, which took a 7.5% stake in Box two years ago, appears to be losing patience with the company's growth plans.
TikTok Owner ByteDance Buys Chinese Game Developer in $4 Billion Deal
ByteDance, which operates TikTok and Douyin video apps, is ramping up its investment in its lesser-known businesses such as online games and education.
Google’s Head of Next Billion Users Initiative Steps Down
Caesar Sengupta has played a key role in Google's rapid expansion into India through digital payments.
David Dobrik Steps Down From Startup Dispo Amid Controversy
Spark Capital announced Sunday it would sever all ties with the startup.
Facebook Outage Takes Down Instagram, WhatsApp and Messenger
Keeping global-scale services up and running can be challenging even for the internet's most experienced providers.
Didi Chuxing Said to Seek an IPO as Early as This Summer
In response to the report, Didi Chuxing said it doesn't have a definite IPO plan.
Apple Warns Chinese App Developers Over Ad Tracking
The move comes after the newspaper reported that a Chinese advertising group had developed a workaround to Apple's looming app privacy changes.
Instagram Developing Version of App for Kids
This isn't the first time Facebook has made an app specifically for children.
Chinese Government Scolds LinkedIn for Lax Censorship
Microsoft has plenty of experience doing business in China, as that's coming in handy as LinkedIn faces scrutiny from China's internet regulators.
NFL Announces TV Renewal with all Major Media Companies, Amazon
The deal also includes special streaming rights for many of the media companies' streaming services.
Apple Accused of Delaying Keyboard App Approval to Drive Down Acquisition Price
The suit follows other developer attacks on Apple’s control of its App Store.
Chinese E-Commerce Giant Pinduoduo’s Founder Steps Down as Chairman
The leadership change comes at a time when Pinduoduo is growing rapidly and challenging market leader Alibaba.
Weekday mornings
The Information AM by The Information Staff
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