American Express in Talks to Buy Kabbage
The likely price would be below Kabbage's last valuation, signaling how the online lender's business has been hurt by the pandemic.
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Recent Editions
Airbnb Plans to File IPO Paperwork This Month
The home rental giant could list publicly by the end of the year.
Stripe Recruits General Motors CFO
Dhivya Suryadevara is joining the San Francisco tech company after over 15 years at GM.
CuriosityStream to Go Public
The educational streaming service founded by the former CEO of Discovery plans to go public through a $330 million merger with a special purpose acquisition company.
SoftBank Vision Fund Swings to Profit on Stock Market Rally
Uncertainties remain as the global recession caused by the pandemic could weigh on SoftBank's portfolio companies.
Will Apple Have to Cut WeChat From iPhones in China?
President Trump's executive order has sparked speculation that Apple may have to drop WeChat in China, which could be a crippling blow to its sales there.
Tech Companies Back Legal Challenge to Trump’s Visa Restrictions
More than 50 tech companies file brief challenging the Trump administration's limits on H-1B visas
Facebook Forms New Payments Group Under David Marcus
Former Upwork CEO Stephane Kasriel has joined Facebook as its vice president of payments, reporting to David Marcus, the creator of Libra.
WarnerMedia Lays Off Employees
The company is expected to shed 600 employees, mainly at Warner Bros.
Uber Offers Carrot to Politicians Amid New Legal Setback
A state judge said Uber and Lyft would have to stop classifying drivers as contractors.
Hong Kong Media Tycoon Arrested Under New National Security Law
The arrest of Jimmy Lai, an outspoken critic of China's policies, comes as Beijing tightens its grip on the freewheeling former British colony of Hong Kong.
Qualcomm Asks U.S. Government for Permission to Sell Chips to Huawei
Qualcomm argues that the technology ban won't prevent Huawei from acquiring the tech and will help Qualcomm's competitors.
Navarro and Mnuchin Had ‘Knockdown, Drag-Out’ Fight in Oval Office Over TikTok
Trade adviser Peter Navarro accused Treasury Secretary Steven Mnuchin of being weak on China in supporting Microsoft purchase of TikTok from Chinese-owner ByteDance.
Amazon Eyes Mall Department Stores as Warehouses
Amazon is holding talks with a major mall operator about turning old Sears and other department stores into ecommerce fulfillment centers.
Twitter Held Preliminary Deal Talks With TikTok, Report Says
Twitter would likely need to partner with another buyer to buy the social media app.
Facebook Slams Apple’s App Store Policies Over Games
It's the second condemnation of its policies in as many days after Microsoft also slammed the company
TikTok Threatens Legal Action Against Trump’s Executive Order
The order to ban TikTok in 45 days puts additional pressure on TikTok's Chinese owner ByteDance and its negotiations to sell the app to Microsoft.
Tencent Stock Hit by Trump’s U.S. WeChat Ban
One question is whether Tencent’s videogame operations in the U.S. could ever come under Washington’s scrutiny.
White House: Delist Chinese Companies That Don’t Follow U.S. Audit Requirements
The proposal would force Chinese companies to open up their books for inspection by U.S. auditors.
Trump Issues Executive Orders on TikTok and WeChat
Trump ratchets up the pressure on TikTok by barring U.S. companies from doing business with the company after 45 days. He issued a similar order for WeChat.
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