Electric Truck Maker Rivian Raises $1.3 Billion
The fund raising suggests Rivian’s investors are undeterred by the long list of electric vehicle startups that have failed or are struggling.
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DraftKings to Go Public Through Reverse Merger
The deal would give the fantasy sports and mobile betting site access to the public markets to raise money for a capital intensive business
Bloomberg Funding Tech Firm Helping His Campaign
Hawkfish, a tech company that employs former executives from Facebook and Foursquare, is assisting Michael Bloomberg's bid for president in 2020.
TikTok Might Seek HQ Outside China
The hugely popular video-sharing app owned by China’s ByteDance has been under scrutiny by U.S. regulators.
Comcast Renews Carriage Deal With Starz
The agreement sheds light on how cable companies and programmers are thinking differently about these deals amid the rise of streaming video services.
Amazon’s Choice Badge Endorses Risky Items
The revelations about the Amazon’s Choice badge are just the latest reports to suggest Amazon is struggling to police its site.
Latest Star Wars Movie Brings in Lower Than Expected Box Office
The latest Star Wars film’s strong performance wasn’t as good as expected, possibly a sign that the output of Star Wars movies has dampened fan enthusiasm.
UAE Intelligence Developed Chat App to Spy on Citizens
United Arab Emirates intelligence’s development of a popular chat app shows how governments are using popular apps to spy on their citizens.
Judge Orders Uber Service Ban in Colombia
The order makes Colombia the latest country to test Uber’s strategy, and adds to its growing list of regulatory problems.
Data on More Than 200 Million Facebook Users Exposed
The leak is the latest in a long line of data breaches at Facebook and other companies, and will likely add fuel to efforts to regulate the tech industry.
Ex-Uber CEO Kalanick Continues to Unload Uber Shares
If Travis Kalanick is trying to make more people question the value of Uber, even at today's depressed stock price, he's nailing it.
Diller’s IAC/InterActive Buying Care.com
The deal comes nine months after a news report revealed Care.com didn’t do full screenings of the caregivers and day care centers on its site.
Eventbrite Strategy Exec Befumo Moves Into Advisory Role
Befumo's shift comes seven months after he gave up the CFO role, amid stalled growth and a falling stock price.
Goldman Hires Three Bankers From Barclays
Goldman’s latest investment banking hires shows how it is doubling down on efforts to get more banking business from small tech and media firms.
SEC Scrutinizes Opening Day Trading in Tech IPOs
The news suggests the SEC is scrutinizing the opening-day price spikes that characterize many tech IPOs, which have brought criticism from venture capitalists.
Facebook Removes Fake Accounts Made With AI
The use of artificial intelligence to generate fake personas ups the stakes for companies such as Facebook combatting misinformation.
Alphabet’s Pichai Gets Pay Raise
The package, the first time Alphabet has granted performance-based stock awards, suggests it may be getting more serious about focusing on its main business.
Apple Building Satellite Technology Team
The high-risk initiative appears to be an effort to find new ways to connect its customers directly to the internet.
Google Fined in France for Unfair Treatment of Advertisers
Authorities said the search giant lacked a transparent system for accepting ads. Google plans to appeal.
ViacomCBS Buys Stake in Miramax
The investment gives ViacomCBS the ability to create new shows and movies around Miramax's library.
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