SeatGeek Files Confidentially to Go Public
Event ticketing company SeatGeek filed confidentially with regulators this month for an initial public offering, The Information exclusively reported.
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Morgan Stanley Profit Drops 20% on Dealmaking Slowdown
Under CEO James Gorman, Morgan Stanley has invested heavily in wealth management, which is a more stable income stream than trading or investment banking.
Meta Begins Next Round of Layoffs
The cuts are part of the company's second round of layoffs since November.
Roku Makes New Bid for TV Ad Dollars
Roku is promising advertisers that its platform can reach more U.S. households during primetime hours than the average show on a top-five cable network.
Chipmaker’s Stock Rose 4% on False Speculation It Was Behind Microsoft’s AI Chip
The speculation may have arisen because Google uses Marvell's design for a server chip for AI.
Meta Opens Horizon Worlds VR App to Teens
Meta said the roll out will come with a “robust set of age-appropriate protections and safety defaults.”
Fox News and Dominion Settle Lawsuit
Fox acknowledged the court's rulings that certain claims about Dominion were false.
Netflix Reports Weak Revenue and Subscriber Growth in Q1
The results suggest Netflix's introduction of advertising isn't having a big impact on revenue yet.
Goldman Profit Falls on Weaker Revenue, Higher Costs and Marcus Loss
The Wall Street bank is bearing the costs of its revamp.
SEC Sues Crypto Exchange Bittrex and Its Former CEO
The lawsuit comes more than a week after Bittrex announced it was winding down operations in the U.S., citing economic conditions and the U.S. regulatory environment.
Netflix Stock Drops After ‘Love is Blind’ Glitch
The technical glitch marred Netflix's reputation for technical excellence.
Apple Launches High-Interest Savings Accounts With Goldman
Accounts, available to Apple Card users, will pay 4.15% APY.
Spotify to Distribute Gimlet Podcasts on Other Platforms
The audio streaming company also said an executive from its audiobook business is leaving.
Lululemon Exploring Mirror Sale
It paid $500 million for the fitness equipment startup in July 2020, at the peak of the home-workout boom.
SpaceX Delays Starship Launch Test
Elon Musk’s rocket company will try again later this week.
Samsung Weighs Replacing Google As Default Search Engine
The development underscores how rapidly the latest wave of advances in artificial intelligence is transforming Google's search business.
Montana Legislature Votes to Ban TikTok
The bill would be the first of its kind passed by a U.S. state.
Meta Expanded Shareholder Engagement As Stock Tanked
The expanded shareholder engagement came as Meta's stock price fell far more than that of other big tech stocks.
SEC Reopens Comment Period for Definition of Exchange, Including DeFi
Crypto companies and advocacy organizations have criticized the proposed changes for being too broad.
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