SoftBank Warns of Huge Vision Fund Loss
The Japanese conglomerate blamed the performance on market conditions, but the fund already had been under pressure from struggling investments.
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Recent Editions
Amazon to Hire Another 75,000 Employees
Amazon’s extraordinary move shows how the e-commerce giant is struggling to cope with demand caused by the pandemic.
SF Mayor Caps DoorDash, Uber Restaurant Commissions
The move is an effort to help restaurants avoid closing permanently, but it's not enough.
Apple, Google Working on Coronavirus Tracking Through Phones
The two bitter tech rivals have teamed up to develop tools to conduct "contact tracing" to help fight the spread of the coronavirus.
NBCU Launches Movie Nights With Only a Few Ads
NBCU's programming move likely is a response to reduced demand from advertisers.
Google Helps New York State Launch New Unemployment Application Website
In recent weeks, New Yorkers filing for unemployment have been frustrated by the inefficiencies of the existing application system.
ESPN Resorts to Seven-Hour Historical Spelling Bee Marathon to Fill Schedule
The suspension of live sports has left the sports cable giant struggling to fill its programming schedule.
Animal Crossing Pulled From Sale in China After Hong Kong Protest
The incident spells trouble for Chinese gaming giant Tencent, which partnered with Nintendo last year to sell the Switch in China.
Layoffs Hit Yelp as Local Businesses Struggle
Online recommendations app Yelp is the latest victim of Covid-19 related layoffs, announcing 1,000 layoffs and 1,100 furloughed employees Thursday.
Microsoft Says Teams Video Usage Growing Amid Pandemic
While much of Microsoft's competitive focus for Teams collaboration software has been on Slack, highlighting video shows Zoom is also a target.
Google Classroom Doubles Active Users
The service— which now has 100 million active users—is free, but has strategic advantages for Google in the long run.
Hulu’s Ad Sales Chief Quits for Snap
Naylor's departure comes as Disney integrates Hulu's ad sales into its own operations.
Senate Fails to Reach Agreement on New Round of Small Business Lending
Growing partisanship sinks the senate's effort to boost aid for small business.
U.S. Says Google’s Transpacific Internet Cable Can’t Connect to Hong Kong
The U.S. government's decision that connecting to Hong Kong, which is part of China, posed a potential national security risk, could threaten other big projects.
Disney Announces It Has 50 Millions Subscribers for Disney Plus
International growth has boosted the service a lot in recent weeks, providing a spot of good news for the beleaguered media giant
Vox Asks for Reader Donations During Advertising Slump
CEO Jim Bankoff says the company plans to announce decisions about cost-cutting measures in the coming days
Google’s Video Conferencing Service Is Adding Two Million New Users a Day
In March, Microsoft said users for its video chat service, Teams, had increased by 40% from just weeks prior.
WeWork Didn’t Pay Some of Its Landlords
WeWork may be dunning landlords in an effort to renegotiate some of its deals with building owners.
Microsoft Moves All Events Online Until July 2021
The software giant's decision to hold upcoming conferences online reflects the significant risks associated with large-scale events.
Airbnb Sees Revenue Falling 54%
The travel company has hopes for a V-shaped recovery, projecting revenue to bounce back next year to levels above 2019.
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