Netflix Shakes Up TV Division, Appoints New Global Chief
Bela Bajaria now heads the global television team with longtime U.S. head Cindy Holland departing
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Slack Shares Drop 20% Amid Tightening Budgets
Slack Shares plummeted after its second-quarter earnings, as some investors appear unconvinced that it can keep growing paid users in the pandemic.
Political Strategist and Tech Investor Bradley Tusk Forms SPAC
The new special-purpose acquisition company plans to raise $300 million to acquire a company in the leisure, gaming and hospitality sector.
Payments Firm Klarna Valued at $10 Billion
The online financial services company, headquartered in Sweden, plans to raise roughly $500 million at a $10 billion valuation.
Software Firms JFrog and Sumo Logic Set Tentative IPO Pricing Ranges
The two companies are part of a wave of enterprise software companies going public in the next few weeks, that also includes Snowflake, Palantir and Asana.
Former Hulu, Quibi Executive Joins Apple
He's likely working for Apple TV+, the division's subscription streaming video service
Snowflake Sets IPO Price Range, Aims for $22 Billion Valuation
After its valuation tripled to $12.5 billion after a funding round in February, Snowflake is now aiming even higher.
Apple Countersues Epic, Asks for Damages
Apple countersued Epic Games, asking a judge for monetary damages in the escalating legal battle between the two companies.
GM Pairs With ‘Nikola’ to Make Electric Trucks
A legacy automaker tries to catch up to Tesla.
Apple Sets Product Event for Sept. 15
Apple said it will host an event to unveil new products on Sept. 15, though it isn't clear whether it showcase the latest iPhones.
China Bans Computer Language Developed for Children by MIT
The ban on Scratch, a computer program developed for kids by MIT Media Lab, comes amid worsening relations between the U.S. and China.
ByteDance Offers Bonus to Employees
TikTok-owner ByteDance is paying a half-month bonus to employees as its 60,000-strong workforce faces uncertainty about the fate of its global hit app.
China Proposes Global Standards on Data Security to Counter U.S.
China's new initiative comes as the U.S. pushes its Clean Network Program to keep Chinese software and hardware out of the U.S. and other countries.
China Delays Credentials for Journalists at U.S. News Outlets
Beijing's latest action against U.S. media reporters comes amid escalating tensions between the two countries.
U.S. Weighs Export Controls on Chinese Chip Maker SMIC
Export restrictions on SMIC would be an indication of how the Trump administration is escalating its crackdown on Chinese tech companies.
TikTok Sought a Meeting With China’s Ambassador to U.S. for Advice
The Chinese government issued a new exports rules which give it authority over the sale of TikTok to a U.S. buyer.
Amazon Halts Shipments of Foreign Plants to U.S. After Mystery Seeds
The move to block seed shipments comes after thousands of mystery seeds, many postmarked from China, were mailed to the U.S.
China Could Limit the Interest Rate Charged by Jack Ma’s Ant Group
A cap on consumer loan interest rates facilitated by Ant Group could impact a key revenue source for the Alibaba affiliate which is preparing for an IPO.
Apple Details Human Rights Policy
The four-page document is Apple’s most direct answer yet to how it balances human rights and its role operating in authoritarian countries.
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