WeWork Lays Off About 2,400 Employees
The layoffs, which were widely reported before WeWork's announcement, are just the first step in the company's turnaround plan.
Weekday mornings
The Information AM
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
Recent Editions
Liberty CEO Predicts That Streaming Wars Will Hurt Players
Companies are so intent on building their own services that they may end up eroding the cable ecosystem and hurting themselves.
Alphabet’s Internet Balloon Business Strikes Deal in the Amazon
The deal, good news for Loon, still leaves the company with a long way to go before it contributes meaningfully to Alphabet's bottom line.
Verizon and Snap Partner on 5G
5G, which will allow faster speeds and more features, is important to Verizon and Snap for different, but complementary reasons.
Zuckerberg and Thiel Dined With Trump
The dinner is likely to irk critics, who believe Facebook has given in to pressure from conservatives complaining about social media's alleged pro-democratic bias.
Trump Says Apple Could Receive More Tariff Waivers
Trump's comment may be good news for the iPhone maker, which had been expected to absorb the cost of tariffs rather than raise prices.
Pinduoduo Shares Flat a Day After Reporting Wider Loss
Revenue more than doubled, but so did sales and marketing expenses, a reminder that the company's growth is coming at a high cost.
SoftBank Seeks $2.8 Billion Loans From Japanese Banks
SoftBank is one of the banks' biggest customers, but recent missteps are sparking caution at some as the contemplate more loans.
Google Limits Ad Targeting, Restates Ban on False Claims in Ads
Google is taking a middle road between Twitter with its ban on many political ads and Facebook's laissez faire approach to the truth.
PayPal Acquires Deal Finder Honey Science for $4 Billion
It's a rich deal for the coupon and promo-code finding service, which PayPal says will help drive sales to merchants that use its product.
Viacom CBS Names International Streaming, Studio Executive
The appointment is key for Viacom given that so much of the growth for streaming services will be abroad.
Startup That Moves Apps Between Clouds Gets New Funding
The funding reflects the rise of Kubernetes and the growing attention companies are paying to the costs of using cloud services.
Google Hires Anti-Union Firm
What Google has hired the firm to do couldn't be learned, but the move may have been sparked by the rise in employee activism in recent years.
FCC Targets Congested WiFi With Auto Makers’ Airwaves
The decision is a huge victory for the cable industry which has wanted to reclaim the airwaves from car markers.
Alibaba Raises $11 Billion in Hong Kong Share Listing
In Hong Kong’s biggest share offering since 2010, the company sold 500 million shares at HK$176 each.
Disney’s Mayer Says Glitches Not AWS’ Fault
Disney chalked up the problems to issues dealing with the intense demand caused by the high volume of people using the service at once.
DeepMind, Google Team Up on Play Store Recommendations
The collaboration is the latest way in which Alphabet is getting value from DeepMind, which Google acquired in 2014 for around $600 million.
A Bad Day for Amazon in Washington
Amazon was hit with sharp criticism of its Ring doorbells and was also the subject of a story about its underwhelming lobbying efforts.
DoorDash May Go Public Via Direct Listing
The company would be the latest to go public with a direct listing, which doesn't raise new cash, and allows existing investors to sell shares immediately.
Google’s Stadia: Day-One Troubles
The first-day stumbles suggest the gaming service could run the risk of comparisons to other Google products launched to major fanfare before tumbling to obscurity.
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