House Antitrust Chair Calls for Merger Moratorium
Top Antitrust in the U.S. House calls for stop to most mergers during Covid-19 epidemic.
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Microsoft: Azure Cloud Capacity Crunch Is Over
After limiting access to some Azure cloud services last month due to capacity shortage, Microsoft now says it has taken a number of steps to fix the issues.
Instacart Ramps Up Hiring – Again
The company will hire an additional 250,000 workers, after adding 300,000 last month.
Google Will Require All Advertisers to Verify Identities
Starting in 2018, Google made similar requirements for political advertisers.
Amazon Employees Used Data on Sellers to Compete With Them
Regulators have questioned whether Amazon unfairly competes with sellers on is own platform. This report will give their inquiries more fuel.
Apple AI Research Chief Goes Back to Academia
Russ Salakhutdinov, a Carnegie Mellon AI professor who has worked part-time at Apple since 2016, has left the company.
Snap to Raise $750 Million With Debt Offering
The convertible note offering will be Snap's second after raising over $1 billion last year.
Apple May Spurn Intel by Selling PC With Custom Processor Next Year
Apple’s efforts to design its own chips could hurt Intel, which currently supplies the company with CPUs for the Mac.
Expedia Seals Investment Deal, Names New CEO
The company is taking a $1.2 billion investment from two private equity firms as it grapples with plunge in travel bookings during the coronavirus pandemic.
WarnerMedia Reaffirms Support of Movie Theaters
Top AT&T Exec John Stankey yesterday had indicated WarnerMedia was exploring changes based on customer behavior and expectations when theaters reopen.
Quibi Marketing Exec Departs
Megan Imbres is leaving the mobile streaming service just weeks after it launched.
Didi Sees Overseas Business Beginning to Recover
Didi Chuxing's early signs of recovery outside of China could provide hope to Uber and Lyft, which have seen demand collapse in the wake of new coronavirus lockdowns.
Jeff Bezos Returns to Daily Oversight of Amazon
Amazon founder Jeff Bezos' return to managing Amazon's daily operations reflects how CEOs are responding differently to the outbreak of Covid-19.
Indonesia’s Gojek Buys Payments App Moka
Even as Southeast Asia's economy staggers from Covid-19, ride-hailing and online services apps Grab and Gojek continue to battle for regional supremacy.
Apple Patches Vulnerability in iPhone and iPad Email
ZecOps said it expects hackers to ramp up efforts to exploit the flaws it found until a new software patch is rolled out by Apple.
Bill Gurley Won’t Be Part of Benchmark’s Next Fund
Gurley, who has been at Benchmark for more than 20 years, is best known for his early investments in Uber, Zillow and Stitch Fix.
Self-Driving Truck Developer ‘Ike’ Lays Off 14% of Staff
Autonomous vehicle developers continue to make moves to lengthen their cash runway.
Zoom Takes Aim at Malicious Users in Software Update
New features include upgraded data encryption and a "waiting room" feature that is aimed at preventing malicious users from wreaking havoc on meetings.
Magic Leap to Lay Off Around 1,000 Employees
The hyped maker of augmented reality headsets is restructuring to focus on selling to businesses instead of consumers.
Netflix to Tap Bond Market for Another $1 Billion
Netflix is raising money at an opportune time, as its subscriber growth has been juiced by pandemic related quarantines.
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.
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