Robinhood Pulls Bank Charter Application
The decision follows earlier fumbles by Robinhood as it tries to disrupt banking and brokerage services.
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Recent Editions
Twitter Halts Plan to Delete Inactive Accounts
The company's about-face was prompted by concerns that it will delete the accounts of those who are deceased.
DOJ Drops Probe Into Wireless Carrier Collusion
The Justice Department says it will continue to monitor the carriers as they adopt newer technologies.
Juniper Networks Once Again Hires New CTO From Google
Thechange comes amid a strategy shift at Juniper, which is trying to widen its customer base as its traditional business declines.
ByteDance Trying to Separate TikTok From Chinese Operations
The company is trying to fend off accusations that it censors TikTok's content to please China.
Nasdaq on Track to Raise More Than NYSE in IPOs
The last time Nasdaq stole the top spot from NYSE was in 2012, when Facebook went public.
Apple Loses More Smartphone Market Share
Consumers bought more mid-tier handsets, which lifted sales by Samsung and Huawei. Trade tensions may also have weighed on Apple's sales
Teen Blocked From TikTok After Uighurs Video Goes Viral
China's ByteDance is already fighting allegations that it censors content on its hit app TikTok that might anger Beijing.
NYSE Wants to Let Companies List Directly and Raise Money
The NYSE's proposal would broaden the range of companies that could go public via a direct listing rather than the traditional IPO route.
HP Inc. Profit Falls, Xerox to Take Its Offer to Shareholders
As HP and Xerox confront a declining market for printers and ink, a merger may end up making sense.
Jack Ma’s Ant Financial to Raise $1 Billion Fund
Ant Financial's investing arm was founded five years ago and has already backed 160 companies.
New Alliance Increases Pressure on Amazon
The formation of a coalition against Amazon shows the tech giant is facing a new level of resistance.
Facebook Acquires Indie Studio Behind Hit VR Game
The deal shows Facebook is building up its library of games and content for its virtual reality Oculus headset business.
Trump Campaign Hits Out at New Google Ad Policy
The search giant's ad policy changes which limit campaigns' ability to ads, have been criticized by both parties.
Uber, Lyft to Pay Seattle Tax of $25 Million Per Year
The moves, just the latest by a state or municipality to rein in the companies, will cut into their efforts to earn a profit.
Senate Democrats Unveil Privacy Bill
Sen. Maria Cantwell's data privacy bill has Democratic backing but faces an uphill battle to passing.
Oyo’s Losses More Cause for SoftBank Concern
The long wait for Oyo to reach profitability could further damage SoftBank’s reputation as a savvy tech investor.
Alibaba Shares Jump in Hong Kong Trading Debut
The highly anticipated debut comes as the city is grappling with disruptive pro-democracy protests that have lasted for months.
Google Fires Four Employees, Alleges Data Access Violations
The firings are likely to make waves at the company and add to tensions between increasingly activist employees and management.
Advocacy Groups Urge Congress to Look Into Amazon’s Privacy Practices
The action is the latest example of pushback against Amazon surveillance products such as its Ring camera-equipped doorbells and Rekognition facial recognition software.
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