Alphabet’s Waymo Raises $2 Billion From Outside Investors
Self driving cars may be a money pit, but investors still want in because they think the rewards will trump the risks.
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The Information AM
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Recent Editions
Apple Pays $500 Million to Settle Lawsuit Alleging It Deliberately Slowed Older iPhones
Apple denied any wrongdoing, but agreed to pay $25 per iPhone over allegations that it deliberately slowed down older iPhones as newer models were rolled out.
Coronavirus Misinformation Flooding WhatsApp
Conspiracies about the coronavirus are spreading on WhatsApp, which is encrypted and therefore can't be moderated in key ways.
PGA Tour Signs Deal With The Action Network
The partnership marks the first deal with a major sports league for The Chernin Group-owned digital sports company.
JD.com Soars After Beating Expectations
The Chinese online retailer predicted revenue would rise 10% in the first quarter this year, despite the impact of the coronavirus.
Barr Assumes More Control Over Tech Industry Antitrust Probes
Barr's personal interest in tech industry antitrust probes may be bad news for Google and Facebook.
Cyan Banister to Leave Founders Fund
Banister had expressed frustration that she didn't get credit in the media for deals she led at the firm.
AT&T Launches New Streaming TV Service
The new streaming service may be an attractive option to DirecTV customers thinking about cutting the cord, but they need to read the fine print.
Ant Financial Helps Beijing Track Citizens During Coronavirus
Ant Financial’s involvement with the app highlights the lax sharing of personal data between local tech companies and the Chinese government.
Google’s Stadia Struggles to Attract Indie Game Developers
Some developers said Google hasn’t provided enough financial incentives, and they don't have faith that the company will remain committed to gaming.
Uber Advises Drivers to Clean Cars Amid Coronavirus
The company sent a message to drivers across the world with health tips.
Elliott Takes Stake in Twitter, Will Push for Dorsey’s Removal
Dorsey has only a 2.3% stake and has been a part time CEO, leaving himself open to criticism and vulnerable to being removed.
Activist Investor Moves to Replace Twitter CEO Dorsey
Twitter shares rose more than 7% in after-hours trading Friday on the news of Elliott’s interest.
Tech Stocks Rise Amid Coronavirus Sell-Off
Analysts Bullish on Tech Companies Amid Global Slowdown Fears
A Google Employee Tests Positive for Coronavirus
The infection of a Google employee while in Switzerland reflects the growing risk as the virus spreads beyond China into Europe and Africa.
Bitcoin’s Not a Safe Haven
Global markets continued to slide as investors rushed to safe havens including U.S. government bonds and the yen—but dumped gold and bitcoin.
Sanders Would Tax Options at Vesting
Sanders' proposal would make stock options much less attractive to company employees, disrupting how both startups and more established companies pay people in the tech industry.
Eric Schmidt Warns Silicon Valley Could Lose to China
The U.S. will lose to China if the federal government doesn't step in, former Google CEO Eric Schmidt writes in an op-ed.
Baidu Predicts Revenue Decline Due to Coronavirus
The search giant's revenue will take a hit from the coronavirus, which has contributed to a slowdown in the Chinese economy and online advertising.
AWS Software Exec Adam Bosworth Departs
Former Microsoft veteran joined in 2016 and was leading a top-secret project to build a low-code" application development service.
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