Amazon CEO Andy Jassy Defends Overbuilding During Pandemic
“We knew when we were making it that we might be overbuilding, but we knew we would grow into it," Jassy said. “I would’ve done it again."
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Recent Editions
Kraken Lays Off 30% of Staff
The job cuts mean Kraken will have a similar headcount to a year ago.
CrowdStrike Stock Falls 20% After Reporting a Drop in Recurring Revenue
The results suggest that cybersecurity software isn’t as insulated from a possible recession as investors once predicted.
Apple Manufacturer Wistron in Talks to Sell India Facility to Tata
Tata, one of India's biggest conglomerates, may buy the facility at a time when Apple is expanding its local manufacturing capabilities in India.
Apple Reduces Its Supply Chain in China
An analysis by Reuters showed that China’s share has fallen to 36% in 2021 from as high as 47% before 2019.
Twitter Postpones Blue Verified Relaunch
The initial rollout was marked by problems with impersonation, as people purchased blue checks and used them to pose as companies and Musk himself.
AWS Launches Apps for Managing Supply Chains, Sensitive Data
At its annual customer conference, Amazon Web Services shows off the latest additions to its lineup of cloud-based business applications.
Inflation-Hit Shoppers Boost Black Friday, Cyber Monday Sales
Shoppers still turned out for Black Friday and Cyber Monday deals, although they may be more motivated by discounts this year as economic worries continue to loom.
AWS Targets Computing-Intensive Apps With New Graviton Chip
Amazon Web Services is casting a wider net for the "high-performance computing" tasks with a new Graviton chip that powers a forthcoming cloud service.
Tesla Loses German Engineering Executive to Volvo
Anders Bell joined Tesla to lead interior engineering in 2016
Institutional Investors See Twitter Overhang on Tesla Stock
Nearly third-quarters of investors surveyed by Morgan Stanley are down on Musk’s Twitter acquisition
Snap Tells Employees to Work In Person Four Days a Week
In a memo, CEO Evan Spiegel told employees the new policy would boost the company's performance.
AWS, Margaritaville Among Top Alameda Creditors
The recent filings are the first glimpses of which entities are among the top creditors for FTX and associated companies.
Apple Cut Ad Spending on Twitter and Threatened App Store Expulsion, Musk Says
Musk’s tweets come as Twitter faces an exodus of advertisers from its platform.
Crypto Lender BlockFi Files for Bankruptcy
The embattled crypto lender has struggled since July, after the collapse of Luna token set off a string of crypto hedge fund and lender bankruptcies.
Yahoo Takes 25% Stake in Taboola in Ad Partnership
Yahoo will use Taboola to power its digital ad sales as a result of the deal.
U.S. Bans Sale of Telecom Equipment from Huawei, ZTE
The move comes after Washington's years-long efforts to address concerns that the Chinese companies' equipment could be used by Beijing to spy on Americans.
Protests Spread Across China as Xi’s Covid Policy Fuel Discontent
In an extremely rare display of open defiance, protesters criticized the government and some called for Xi to step down.
Apple iPhone Supplier in China Offers $1,800 Bonuses for Workers to Stay at Factory
Foxconn is offering the bonuses to keep workers at factory in Zhengzhou, home to the world’s largest iPhone assembly where workers have protested pay and Covid working conditions.
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