Mobile Gaming Company Skillz to Go Public Via SPAC Merger
Two of the executives behind the DraftKings SPAC are involved in the Skillz deal.
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Biofourmis Raises $100 Million From SoftBank, Sequoia
Biofourmis, a digital therapeutics business, is currently using its technology to remotely monitor coronavirus patients.
Ellison Shuts Charitable Foundation to Focus on Covid-19
Oracle co-founder and CTO Larry Ellison isn't as synonymous with philanthropy as Bill Gates and others, but he's now focused on combating Covid-19.
Airbnb Turns Down Ackman, for Now
Instead, Airbnb plans to go forward with a traditional IPO.
Robinhood Faces SEC Scrutiny
Robinhood may face a $10 million fine as a result of SEC investigation.
India Bans More Chinese Apps, Including Tencent’s PUBG
India’s crackdown on Chinese apps shows how these services can be easily caught up in geopolitical battles.
Facebook, Twitter Say Russia Is Running New Disinformation Campaign
Ahead of the U.S. presidential campaign, the same Russian network that targeted the 2016 campaign is up and running again, the internet platforms said.
Dating App Bumble Plans $6 Billion IPO
Bumble, founded by Tinder alum Whitney Wolfe Herd, is reportedly in discussions with banks about a 2021 initial public offering.
TikTok’s Algorithms Complicate Potential Deal
A deal for TikTok was set to happen as soon as this week, but that was before China added the software that powers the app to its export list.
VoIP Firm Dialpad Challenges Zoom With Videoconferencing Deal
Deal involving two GV-backed workplace collaboration startups reflects the growing stakes in the market for services that let people work from home.
Internet Group Says Effort to Limit Section 230 Is Unconstitutional
The Internet Association blasted Trump’s plan to roll back legal immunities for online companies as lobbying battle looms.
Apple Remains Confident in Next Generation iPhone Sales
Apple is reportedly set to launch four new iPhones later this year, along with a new iPad, Apple Watches, and Apple-branded over-ear headphones.
AT&T to Scrap Sale of WarnerMedia’s Gaming Unit
The deal could have fetched AT&T around $4 billion, but the company recently took it off the list of non core assets it's willing to sell
AT&T Looks to Sell Xandr Ad Unit
The phone giant's effort at targeted advertising was riddled with issues from the start.
Samsung Head Indicted on Fraud and Stock Manipulation
Despite the legal clouds, Samsung has had strong profits because of rising use of electronic devices such as smartphones during the coronavirus pandemic.
Zhang Yiming Said to Be Reconsidering Sale of TikTok to U.S. Buyer
ByteDance is weighing competing bids from groups led by Microsoft and Oracle, with a decision expected any day.
Walmart Aims for Amazon Prime With New Membership Program
Walmart is relying more on its online services as Covid-19 continues to impact traditional shopping.
Facebook Threatens to Block Sharing News Stories in Australia
The company also changed its terms of service worldwide to allow it block any content anywhere to avoid regulatory or legal risk.
White House Believes Microsoft Best at Protecting TikTok Users’ Data
The White House is struggling to balance Microsoft's expertise in data security against political realities as it reviews TikTok bids.
Zoom Sales Jump 355% as Customers Increase Spending
Zoom follows last quarter's sales increase of 169% with an even bigger quarter, showing that its service remains in high demand during the pandemic.
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