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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.

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Recent Editions

Briefing

FCC Commissioner Calls on Apple, Google to Remove TikTok From App Stores

Jun 28, 2022 · 9:07pm PDT
Even though TikTok didn't get banned by the Trump administration, the popular video app continues to face questions about American users' data it collects.
Briefing

Email App Front Doubles Valuation to $1.7 Billion

Jun 28, 2022 · 4:57pm PDT
Front’s financing, led by Salesforce Ventures and Battery Ventures, comes amid a slowdown in late-stage financing.
Briefing

Disney’s Board Renews Chapek’s Contract for Three Years

Jun 28, 2022 · 2:10pm PDT
Chapek took over as CEO of Disney in February 2020, right as the Covid pandemic was starting, putting him in the hot seat immediately.
Briefing

Pinterest’s Silbermann Steps Down

Jun 28, 2022 · 2:09pm PDT
Pinterest has lately suffered falling user numbers in the U.S. and struggled to adapt to a quickly changing digital landscape.
Briefing

StockX Cuts 8% of its Staff

Jun 28, 2022 · 11:38am PDT
The popular sneaker resale site is the latest online retailer to cut staff as overall e-commerce sales growth slows.
Briefing

Arm CEO Says Chip Firm Could Pursue More Deals After IPO

Jun 28, 2022 · 1:55am PDT
Arm CEO Rene Haas says the the company wants to accelerate its expansion into chips for cars, data centers and other hardware for the metaverse.
Briefing

Taiwan’s GlobalWafers Plans to Build $5 Billion Chip Wafer Plant in Texas

Jun 28, 2022 · 1:03am PDT
The move comes as the U.S. and other countries are scrambling to beef up domestic supply chains amid ongoing global chip shortages.
Briefing

FTX Exploring Acquisition of Robinhood

Jun 27, 2022 · 1:18pm PDT
Any potential takeover deal would have to be approved by the Robinhood co-founders, who control over 50% of the company’s voting rights.
Briefing

Tencent’s Biggest Shareholder Plans to Sell Some of Its Stake

Jun 27, 2022 · 1:20am PDT
South Africa's Naspers says its subsidiary Prosus plans to sell some Tencent shares to finance its long-term share buyback program.
Briefing

Shanghai Declares Victory Over Covid-19

Jun 26, 2022 · 10:20pm PDT
As Shanghai reported zero new cases and Beijing relaxed its Covid-19 restrictions, Hong Kong shares rose on hopes for China's recovery from the pandemic.
Briefing

Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze

Jun 24, 2022 · 3:05pm PDT
During the height of the meme stock craze, Robinhood halted some transactions and later raised $3.4 billion from investors for emergency funding.
Briefing

Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid

Jun 24, 2022 · 8:18am PDT
Zendesk had turned down a $17 billion proposal to take the company private in February.
Briefing

Meta Plans To Shut Down CrowdTangle Tool

Jun 24, 2022 · 8:06am PDT
The company says it will keep the tool alive through the midterm elections.
Briefing

Zendesk Agrees to $9.2 Billion Buyout

Jun 24, 2022 · 6:30am PDT
The price offered by the buyout firms is below where Zendesk stock was trading just a few weeks ago, raising questions about shareholder reaction to the deal.
Briefing

MasterClass Lays Off 20% of its Employees

Jun 23, 2022 · 3:22pm PDT
It joins other creator economy startups including Cameon, Picsart and Community in cutting jobs.
Briefing

Yelp CEO, Announcing Plans to Shut Offices, Says Hybrid Work Is ‘Hell’

Jun 23, 2022 · 11:29am PDT
The company will close offices in New York, Chicago and Washington D.C.
Briefing

Netflix Lays Off 300 People

Jun 23, 2022 · 11:09am PDT
The layoffs reflect Netflix's effort to curb its costs as it deals with slowing revenue growth.
Briefing

Venture Firm Accel Closes $4 Billion Late-stage Fund

Jun 22, 2022 · 3:22pm PDT
The fund will give capital to existing portfolio companies and newcomers
Briefing

Shopify’s Spokesperson Quits

Jun 22, 2022 · 1:15pm PDT
Shopify lost its top spokesperson as it grapples with a stock price that has fallen 75% so far this year.
Briefing

Meta’s Oversight Board Calls For More Transparency From Company

Jun 22, 2022 · 11:47am PDT
In its first year, the Oversight Board overturned Meta in 70% of the cases it considered.
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
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