Snap CEO Calls For Reparations Commission, Higher Taxes
The CEO's memo says “the American experiment is failing” and that Boomers have “demonstrated little interest in creating a better future for their children."
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The Information AM
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Recent Editions
SpaceX Crew Dragon Astronauts Enter International Space Station
A big win for Elon Musk in his quest to settle Mars.
Some Tech CEOs Voice Support for Protests, Black Employees
The comments come as anti-racism protests spread. Advocates for black tech workers say the industry now needs to do more to better integrate its workforce.
Google Delays Android 11 Beta Release During Nationwide Protests
The company tweeted late Friday night that it was ‘excited’ to share more about latest Android release, but that “now is not the time to celebrate.”
Internal Twitter Faction Opposed Decision to Fact-Check Trump
Twitter has put itself in an uncomfortable position by making editorial choices about the content on its platform.
Google Cloud Poaches AWS Database Exec
Google adds seasoned engineering executive who created the PHP web programming language and was an ardent supporter of open source software at AWS.
Facebook Won’t Remove Trump Post on Protests, Zuckerberg Says
'Unlike Twitter, we do not have a policy of putting a warning in front of posts that may incite violence,' said Facebook CEO Mark Zuckerberg.
Credit Card Startup Brex Lays Off 15% of Staff
News of the layoffs comes one week after the company raised an additional $150 million to ride out the Covid crisis.
Tencent Considers Investing in Warner Music
The investment follows Tencent's recent investment in Universal Music, reflecting the Chinese tech giant's confidence in the outlook for the music industry.
Trump to Revoke Hong Kong’s Favored Trade Status
Trump’s plan to revoke Hong Kong’s special trade status could dampen tech investment in China.
Cisco Steps Further Into Cloud With ThousandEyes Deal
Cisco's latest software acquisition gives it a product it can sell to companies that are no longer buying its networking switches and routers.
Google Rescinds Job Offers to Thousands of Temp Workers
In April, Google said it would “significantly” slow down its hiring pace, except in certain strategic areas.
ViacomCBS, Charter and Comcast Partner on Targeted Advertising Effort
The joint venture is the latest attempt in the industry to provide targeted television advertising.
SoftBank Leads $500 Million Investment in Didi Chuxing’s Autonomous Driving Unit
The investment comes even as American autonomous driving companies struggle with making the technology work and raising enough capital to keep going.
Twitter Says Trump Tweet on Minneapolis Protesters Glorifies Violence
Twitter’s latest action threatens to escalate tensions between the president and the social-media company.
China’s Luckin Coffee Inflated Sales With Firms Linked to Chairman
The report raises concerns about other U.S.-listed Chinese companies and whether U.S. regulators can prevent a fraud like this from happening again.
Magic Leap’s CEO Steps Down
The news is a stunning outcome for what used to be one of the most hyped startups in tech.
Salesforce, Dell See Mixed Impact From Covid-19
Software-as-a-service and hardware sales are both getting a boost from the Covid-19 pandemic, but some companies are delaying payments.
House Approves Bill Altering Paycheck Protection Program
The Paycheck Protection Program Flexibility Act would give businesses 24 weeks to spend the money, instead of the originally allotted eight weeks.
HBO Max Sees 90,000 Mobile Downloads on Day One
HBO Max trails the 4 million downloads DIsney+ saw on its first day.
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