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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

Warby Parker Blames Omicron For Slow Sales Growth

May 16, 2022 · 8:39am PDT
The direct-to-consumer eyewear seller was hit hard by the Omicron variant in the first quarter of the year. Still, the company is betting on its continued brick-and-mortar expansion to increase its sales and drive down marketing costs.
Briefing

Celsius Mining Confidentially Files for Public Listing

May 16, 2022 · 7:40am PDT
The subsidiary of Celsius Network, last valued at $3 billion in October, would join a small number of crypto companies that are public.
Briefing

Shanghai Aims For Return to Normal June 1 After Covid Lockdown

May 16, 2022 · 4:05am PDT
Shanghai's severe lockdown has dealt a major blow to China's slowing economy and disrupted global supply chains.
Briefing

Musk Says Twitter’s Legal Team Accused Him of Violating NDA

May 15, 2022 · 8:53pm PDT
The Tesla CEO had earlier said that his $44 billion deal to buy Twitter was "temporarily on hold," even though he was still committed to the acquisition.
Briefing

Twitter CEO Still Expects Musk Deal to Close

May 13, 2022 · 12:21pm PDT
CEO Parag Agrawal said "we need to be prepared for all scenarios."
Briefing

Stripe’s Incoming Finance Exec Decides Not to Join

May 13, 2022 · 10:37am PDT
Former Microsoft exec James Phillips was supposed to join Stripe as president of financial services.
Briefing

Musk Tweets Twitter Deal on Hold

May 13, 2022 · 3:33am PDT
The declaration has caused Twitter's stock to drop 20% in premarket trading.
Briefing

Elon Musk Says Twitter Deal Temporarily on Hold

May 13, 2022 · 3:31am PDT
Musk said in a tweet Friday that the $44 billion deal is on hold pending more details on Twitter's spam and fake accounts.
Briefing

China’s Government Plans Forum With Top Business Executives Next Week

May 12, 2022 · 9:22pm PDT
It is unclear whether the coming event could lead to changes to Beijing's ongoing regulatory crackdown on the internet sector.
Briefing

Affirm Raises Full Year Revenue Guidance

May 12, 2022 · 3:35pm PDT
The installment lender anticipates higher revenue growth in 2022 following a better than expected third quarter.
Briefing

Sam Bankman-Fried Buys 7.6% Stake in Robinhood

May 12, 2022 · 3:02pm PDT
Shares of the online investment platform were up 25% in after-hours trading.
Briefing

Former Meta Crypto Executive David Marcus Launches Startup

May 12, 2022 · 2:27pm PDT
Lightspark is Marcus’s first venture since working at Facebook, now known as Meta Platforms, where he first oversaw Facebook messenger and later headed its crypto efforts.
Briefing

Twitter Imposes Hiring Freeze

May 12, 2022 · 10:53am PDT
Twitter becomes the latest in a spate of companies to signal its intention to be more careful with its spending.
Briefing

Warner Bros Discovery Signs Deal With BT Sport for UK Football Rights

May 12, 2022 · 10:03am PDT
The newly created Warner Bros. Discovery will pay $115 million to telecoms provider BT as part of the 50:50 joint-venture.
Briefing

SoftBank’s Vision Fund Posts $26.2 Billion Quarterly Loss on Stock Collapse

May 12, 2022 · 1:24am PDT
SoftBank CEO Masayoshi Son said the Vision Fund is becoming more selective with new investments as the firm focuses on "defense."
Briefing

Instacart Has Confidentially Filed for IPO

May 11, 2022 · 10:51pm PDT
The online grocery confirmed reports it had filed to go public as early as this year, though that could change.
Briefing

Elon Musk’s Initial Disclosure of Twitter Stake Under SEC Scrutiny

May 11, 2022 · 9:03pm PDT
The FTC is also investigating how Musk first disclosed his investment.
Briefing

HR Startup Rippling Valued at $11 Billion After New Funding

May 11, 2022 · 5:23pm PDT
The new round more than doubles the startup's previous valuation of $6.5 billion after its last funding in October.
Briefing

Fifth FTC Commissioner Confirmed, Breaking 2-2 Partisan Divide

May 11, 2022 · 3:13pm PDT
With Georgetown law professor Alvaro Bedoya at the FTC, Lina Khan can finally unleash progressive agenda.
Briefing

Stripe Head of Security Provos to Depart

May 11, 2022 · 1:57pm PDT
The ex-Google engineer and blacksmith is taking time off work.
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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