Oracle Chosen as ByteDance’s Partner for TikTok
Oracle will be a technology partner of ByteDance but Oracle is unlikely to buy a majority stake in the app.
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Nvidia to Acquire Arm From SoftBank for up to $40 Billion
A deal would strengthen Nvidia, already the biggest seller of chips for AI, and also replenish SoftBank's coffers.
Republican-Led States Expected to Join U.S. Antitrust Suit Against Google
The state attorneys general probe has focused on Google's digital advertising business.
Beijing Pushes Back Against Forced Sale of TikTok
Chinese authorities would rather see the popular app shut down in the U.S. than agree to a sale forced by the Trump administration.
New App Store Rules Still Leave Streaming Game Services in Limbo
Apple updated its App Store guidelines for streaming game services, but the rules are likely to be unpalatable to companies in that sector.
Omidyar Departs eBay Board
The departure of the eBay founder is part of a broader board shakeup also including the departure of Elliott's Jesse Cohn and the appointment of two new independent directors.
China’s New Export Controls Could Affect U.S. Tech Firms
Beijing's new restrictions raise questions about whether U.S. tech companies may have to split off their China-based research operations.
Trump Won’t Extend TikTok Deadline
President Trump said he wouldn't extend a deadline for a TikTok sale, which would have eased pressure on ByteDance's negotiation's with Microsoft and Oracle.
Microsoft: Hackers in Russia, China and Iran Targeting Elections
Microsoft, after analyzing data gathered from its cybersecurity network, is warning that foreign hackers are once again targeting the presidential election.
Opendoor in Talks to Go Public Via SPAC Merger
If completed, the merger would make Opendoor one of the most high-profile tech firms to go public via SPAC.
Google and Twitter Make Policy Tweaks Ahead of U.S. Elections
Both companies are under intense pressure to help curb the spread of misinformation ahead of the U.S. elections in November.
Nikola Stock Falls on Fraud Allegations
GM, for its part, is standing by the electric truck designer.
Oracle Says Zoom’s Cloud Spending Is Exploding
Oracle got a late start as a cloud provider, but touted several key customer wins during its fiscal first quarter of 2021.
Trump Won’t Extend TikTok Deadline
President Trump said he wouldn't extend a deadline for a TikTok sale, which would have eased pressure on ByteDance's negotiation's with Microsoft and Oracle.
Peloton Hits a New Milestone—Profits
In one of the most dramatic business transformations of the pandemic, the digital fitness company Peloton turned its first profit as revenue soared.
AWS Hires First-Ever Space Policy Chief
After launching a business unit focused on aerospace and satellite technology in June, AWS appoints a former White House official to lead its policy efforts.
HBO Max Looking to Launch Ad Tier in Spring 2021
They're also planning on having an even lighter ad load than NBCUniversal's Peacock
Amazon Said to Mull Buying $20 Billion Stake in Mukesh Ambani’s Retail Business
The Indian billionaire is reportedly offering to sell a 40% stake in his retail business to Amazon.
Chinese Food Delivery Apps Face Backlash Over Worker Conditions
A report has gone viral about the dangers facing food delivery drivers at China's delivery apps Ele.me and Meituan.
Palantir Valued Around $10.5 Billion in Advance of Direct Listing
The secretive data-mining software firm was last valued at $20 billion nearly five years ago.
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