Palantir Stock Drifts Down After Opening While Asana is Steady
Both stocks went public via the direct listing route, the first two major tech stocks to do so since Slack last year.
Weekday mornings
The Information AM
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
Recent Editions
EU Weighing Ban of Big Tech’s Ability to Favor Own Services
EU is reviewing draft rules that would block big tech from favoring its own products in search results and may also force platform to share data with rivals.
UnitedHealth Acquires Competitor to Amazon’s Pillpack
It's a sign that competition in the online pharmacy space is heating up.
Asana and Palantir Both Open Strongly
Both stocks are going public via a direct listing, the first major tech stocks to do so since Slack went public midway through last year.
Facebook Links Messenger and Instagram
The change is meant to help Facebook better compete in the messaging space, but it could also complicate breaking up the social media giant on antitrust grounds.
China Preparing Antitrust Case Against Google
Chinese regulators are looking into the market dominance of Google's Android operating system after Huawei, which is under U.S. sanctions, brought the case.
Alibaba Expects Profit From Cloud Computing Unit
Alibaba Cloud is one of the reasons why Alibaba investors remain bullish on the Chinese e-commerce giant's future growth.
Apple Grants Tim Cook as Much as One Million Shares
Apple said it has awarded CEO Tim Cook as much as one million restricted stock units over the next several years, worth around $100 million at today's share price.
Uber, Lyft Lose Seattle Minimum Wage Battle
Another costly policy battle lost by the ailing ride-hailing companies.
Nvidia, VMware Join Forces for Data Center Business
Nvidia, the dominant AI chip maker, and VMware, the top provider of data center management software, are tying their products together more closely.
Trump Administration Expands Scrutiny of Chinese Tech Investments
The Trump administration is asking startups about their Chinese investors, an extension of its growing concern about foreign investment in U.S. tech companies.
Disney Lays Off 28,000 From Theme Parks
The majority of these were part-time workers and it reflects a theme park business that has failed to reopen as quickly as expected
Facebook Taps Growth Exec as New CMO
“I believe deeply in the good Facebook’s products do,” Facebook's new CMO wrote.
TikTok Launches U.S. Election Info Hub
The new feature is a sharp reversal for a platform that has long tried to distance itself from political content.
Amazon Workers at Robotic Warehouses More Prone to Serious Injuries
A cache of internal company documents from more than 150 Amazon warehouses reveal a “mounting injury crisis” among workers employed by the e-commerce giant.
GGV Capital Aims to Raise $2 Billion for Funds Targeting China, U.S. and Southeast Asia
Despite the U.S.-China trade war, some U.S. institutional investors are considering money into the U.S.- and China-based fund.
Tesla Seeks To Buy Stake in South Korean Battery Supplier LG Chem
Tesla is looking at taking up to a 10% stake in the new spinoff LG Energy Solution as it seeks to lock in battery supplies.
Major Outage Takes Down Microsoft Outlook, Teams, Azure
Lasting three hours so far, this is the biggest cloud-related issue Microsoft has faced since traffic to its services surged the early days of the pandemic.
Disney Sells Off Adtech Firm TrueX
It sold the firm to another ad tech outfit Gimbal which focuses on location-based advertising services.
Google to Enforce Google Play Fees, Make Rival Stores Easier to Find
The changes come as Google and Apple defends against a lawsuit from Fortnite-creator Epic Games over their app store policies.
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