Elon Musk Becomes Twitter’s Biggest Shareholder
Musk took a 9.2% stake in Twitter worth around $3 billion. The disclosure sent shares in the social media company soaring.
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Fast Fashion Online Retailer Shein In Talks to Raise $1 Billion at $100 Billion Valuation
If successful, that would make the privately held company more valuable than H&M and Zara combined.
Huawei Promotes Founder’s Daughter to Top Leadership Position
Meng, Huawei founder Ren Zhengfei's daughter, is now one of the company's three rotating chairs who take turns as its top leader.
SoftBank’s Ron Fisher to Step Down as Head of U.S. Investment
Fisher, 74, who stepped down as SoftBank Group's board director last year, will transition to a senior advisory role.
Microsoft’s Cloud Business Facing Preliminary EU Antitrust Probe
The EU is also investigating whether Microsoft illegal bundles its Teams messaging service with its Office software.
Justin Kan’s Fractal Raises $35 Million Round Led by Paradigm and Multicoin Capital
Blockchain gaming is a booming sub-sector within crypto, with nearly $600 million already invested in such companies since the start of the year.
In Historic Vote, Amazon Workers in New York Join Union
The decision marks the first successful U.S. organizing effort in the internet retailer’s 27 year history.
Roblox Backs Apple in Antitrust Fight with Epic Games
Apple’s treatment of the online gaming company was discussed at length during its trial against Epic last year.
Baidu Added to List of Chinese Stocks Facing Delisting Risks in U.S.
The outcome remains uncertain for Baidu and other New York-listed Chinese companies that face delisting risks for failing to meet SEC's auditing requirements.
Binance Sponsors Grammy Awards
The company and the Recording Academy will also work on "various Web3 technology solutsions," Binance said.
Google Search Adds Source-Checking, and Highly Cited Tags in Search
The moves are a sign of Google wading further into news and information literacy efforts
Facebook Bug Exposed Users to Surge of Harmful Content
The issue persisted over a six-month period.
SoftBank to Slow Down Investments As Market Turmoil Hurts Portfolio
SoftBank is trying to slow down deals and raise cash as the volatility of tech stocks in recent months has hurt the value of its vast portfolio.
Hackers Used Emergency Requests to Steal User Data From Apple, Meta
The crimes shine a spotlight on emergency data requests, which don't require a court order and are used only when there is imminent danger to someone.
Waymo Begins Fully Autonomous Rides for Employees in San Francisco
The move is another step towards offering paid robotaxi service to the broader public on complicated and busy city streets.
Disney Hires Google Exec as CTO of Streaming Division
The 18-year veteran of Google, is joining Disney as it plans to merge Hulu's tech platform with Disney+, expand live programming and introduce an ad-based tier.
Google Tries To Improve Search Results Related to Personal Crisis and Explicit Content
The changes could improve long standing issues with how content related to dark or racy topics is surfaced by the world’s largest search engine.
Meta Paid Republican Firm to Push Anti TikTok Campaign
The firm, Targeted Victory, has pushed stories that tie dangerous trends to TikTok.
Google CEO Sundar Pichai Meets With Top European Lawmakers
The trip comes only days after the same regulators unveiled the new DMA regulations, which are designed specifically to target companies like Google.
SoftBank’s Arm to Transfer Stake in China Unit to Ease Path to IPO
Shares in the China joint venture, control of which is contested, will be transferred to a special purpose vehicle which could allow the chip design firm to list shares.
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