Snowflake, Asana Drive Surge in VC Exits
Multibillion-dollar IPOs, direct listings and an onslaught of SPACs has pushed VC exit activity to nearly-record highs.
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Recent Editions
Airbnb Was Profitable in Third Quarter
The report, which includes an interview with CEO Brian Chesky, is likely to help strengthen confidence in the company ahead of its planned IPO this year.
Foxconn Fails to Get Subsidies for Wisconsin Project
While Foxconn’s factory in Wisconsin makes for good government relations, it has never made much financial sense.
Holocaust Denial Added to Facebook’s List of Banned Hate Speech
A rise in global anti-semitism has led Facebook CEO Mark Zuckerberg to institute a ban on posts that promote the idea that the Holocaust never happened.
Disney Elevates Daniel to Run Distribution
Daniel, a 14-year veteran of Disney, is a long time protege of CEO Bob Chapek.
SoftBank Preparing to Launch SPAC
The SPAC won’t be used to acquire one of SoftBank’s portfolio companies.
Microsoft Aims to Disrupt Malicious Software Network
Microsoft uses trademark law, as well as the help of telecommunications providers, to slow down a global network of infected machines spreading malware.
Roblox Confidentially Files to Go Public
The online game development service is reportedly looking to double its $4 billion valuation.
Pluto TV Buys Rights to Narcos
The deal is one of the few times a Netflix original will be available on other services and also shows Pluto TV's efforts to build its audience.
Prosecutors Looking at Breakup of Google and Chrome
Prosecutors are looking for ways to dilute Google's market power. One possible solution is the forced sale of Chrome.
Triller Seeks to Capitalize on TikTok’s Trouble With SPAC merger
The short-video app with a Hollywood pedigree is much less popular than TikTok is simultaneously in talks to raise $250 million from private investors.
Pakistan Bans TikTok
Pakistan is TikTok's 12th largest market based on downloads. But the ban still raises questions about whether ByteDance could face political challenges in more countries.
Judge Rules for Apple on Fortnite Ban, Against It on Unreal Engine
The decisions mirror the same judge's rulings in August, when Epic filed for a temporary restraining order over the same two issues.
Twilio to Acquire Data Analytics Firm Segment for $3.2 Billion
Twilio, whose shares are up nearly 200% this year, is moving to expand its business in customer data analytics.
Channing Dungey Leaving Netflix
Dungey's departure comes shortly after longtime content executive Cindy Holland left Netflix.
Elon Musk Stirs Debate on Waymo’s “Driverless” Cars
Waymo's driverless taxis in Phoenix are a milestone to celebrate, but Musk is correct that they represent a baby step.
Twitter to Slow Retweets to Stem Misinformation Near Election
The changes attempt to make it less likely that tweets with election misinformation will go viral.
Tech Coalition Wants White House to Rescind Anti-Racism Training Restrictions
The White House executive order has threatened to undercut diversity training and goals many companies had redoubled after this summer's anti-racism protests.
Microsoft to Let Employees Work From Home Permanently
Microsoft clarifies what had previously been a murky policy on permanent work from home, though it isn't going as far as companies like Twitter and Slack.
U.S. Appeals Injunction Against Trump’s TikTok Ban
The appeal comes after a court ruling in late September that prevented the Trump administration from imposing a ban on new downloads of TikTok.
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