Chinese Tesla Rival Xpeng Files for U.S. IPO
Chinese companies are still trying to list in the U.S. despite moves to restrict their access to Wall Street capital.
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Stitch Fix to Lay Off 18% of Staff
Later this year Stitch Fix plans to hire 2,000 employees in lower cost cities around the U.S., a sign the layoffs are an effort to cut costs without reducing its employee numbers.
U.S. Senators Plan Attempt to Regulate Contact Tracing Apps
The bill, known as the “Exposure Notification Privacy Act,” would make sure the data collected within the apps isn’t sold for commercial use.
Court Challenge to Trump’s Twitter Order Unlikely Before Election: Analyst
A legal challenge to Trump’s executive order on social media won’t be ripe until government agencies actually try to enforce it.
Facebook Employees Stage Virtual Walkout Over Handling of Controversial Trump Post
While Facebook has roughly 48,000 employees, this many publicly opposing the company’s position is unprecedented.
WarnerMedia CEO Kilar Names New CTO
Richard Tom has worked with Kilar at Hulu and co-founded Vessel with him.
Uber, Lyft Suspend Operations During U.S. Curfews
Another unforeseen blow to ride hailing services.
Zynga to Buy Turkish Games Firm for $1.8 Billion
The acquisition follows CEO Frank Gibeau's turnaround the company and fulfils his plan to expand Zynga through deals.
Australian Newspapers Could Be Liable for Comments on Articles Posted to Facebook
The verdict comes amid increased scrutiny of social media platforms’ liability over comments posted to their sites.
Netease Follows Alibaba With a Secondary Share Offering in Hong Kong
Tech companies are still eyeing Hong Kong despite the territory's unrest as the U.S. seems increasingly hostile to Chinese firms.
Most Apple Stores in U.S. Closed Due to Protests
Apple Stores in a number of major cities were vandalized and looted. Many had just reopened following the outbreak of Covid-19.
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."
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.
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