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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

Apple iPhone Supplier in China Offers $1,800 Bonuses for Workers to Stay at Factory

Nov 27, 2022 · 9:39pm PST
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.
Briefing

Shopify Sees Bigger Black Friday Orders, More In-Store Sales Versus Last Year

Nov 25, 2022 · 1:06pm PST
Shopify sellers saw a 9% increase in the average Black Friday order price this year, up to $109.60. Despite the increase, sales volumes haven’t reached the same peak as 2021 as inflation continues to squeeze shoppers.
Briefing

Meituan’s Revenue Rises 28% as Covid Lockdowns Boost Food Delivery Demand

Nov 25, 2022 · 5:23am PST
Meituan's solid growth stands out when most other Chinese internet giants are struggling to cope with the country's economic slowdown.
Briefing

Elon Musk Says Twitter Will Offer Amnesty to Some Suspended Accounts

Nov 25, 2022 · 12:52am PST
Musk's decision to reinstate more suspended Twitter accounts comes after the app recently reinstated Donald Trump's account.
Briefing

Apple Faces Further Setbacks After Thousands of Workers Leave iPhone Factory

Nov 25, 2022 · 12:41am PST
The workers left a Foxconn factory in China after unrest over pay and working conditions under Covid lockdowns.
Briefing

Yandex Dutch Parent Company Wants to Cut Ties With Russia Units

Nov 25, 2022 · 12:25am PST
The Dutch owner of Yandex, dubbed Russia’s Google, wants to insulate itself from its Russian units to protect its artificial intelligence and autonomous driving ventures.
Briefing

Foxconn Offers Workers $1,400 to Contain Protests at iPhone Factory in China

Nov 24, 2022 · 1:08am PST
The move comes after violent protests erupted at the world's largest iPhone factory over unpaid wages and tough Covid-19 restrictions.
Briefing

Genesis Approached Binance, Apollo as it Struggles to Raise Cash

Nov 23, 2022 · 8:28am PST
The crypto firm has been looking for a lifeline after halting customer withdrawals last week.
Briefing

Senators Urge Amazon to Up Safety Measures After Worker Deaths

Nov 23, 2022 · 6:46am PST
Three people died at Amazon facilities in New Jersey over the summer.
Briefing

U.S. House Republicans Accuse TikTok of Giving Misleading Information on Data

Nov 23, 2022 · 3:56am PST
A letter from Republican representatives Cathy McMorris Rodgers and James Comer said the Chinese social media giant shared information that was “untrue or misleading.”
Briefing

Violent Protests Erupt at Largest iPhone Factory in China

Nov 23, 2022 · 1:17am PST
The protests, which came after weeks-long Covid restrictions at the factory due to an outbreak, highlight the risks facing Apple in China.
Briefing

FTX Lawyer Says “Substantial Amount” of Assets Missing from Company in Hearing

Nov 22, 2022 · 2:33pm PST
FTX owes its top 50 creditors more than $3.1 billion and has roughly $1.24 billion in cash, according to court filings.
Briefing

Bankruptcy Filing Shows FTX Has $1.24 Billion Cash Balance

Nov 22, 2022 · 6:13am PST · 1 comment
The court filing estimated that FTX would spend $23 million on salaries and benefits, vendor payments and other costs over the next five weeks.
Briefing

China Plans to Fine Ant Group More Than $1 Billion

Nov 22, 2022 · 3:31am PST
The penalty, which could be finalized as early as the second quarter of next year, could pave the way for Ant to seek to go public in the future.
Briefing

JD.com Cuts Senior Managers’ Salaries As Much as 20% to Help Fund Employee Benefits

Nov 21, 2022 · 11:41pm PST
The cuts ranging from 10% to 20% come amid China’s push for “common prosperity” including targeting “excessive” banker salaries to address income inequality.
Briefing

Twitter to Hold Off Relaunching Verification System

Nov 21, 2022 · 5:32pm PST
Musk had said Twitter would relaunch the verification system on Nov. 29 but now he says the timing is unclear.
Briefing

Zoom Shares Drop 5% As Sales Slowdown Continues

Nov 21, 2022 · 2:54pm PST
Zoom has had a rough year with shares down 56% so far, but one ray of hope is the growth of its sales to large corporate customers.
Briefing

Musk Appoints New Head of Ads After Firing Former Sales Lead

Nov 21, 2022 · 2:27pm PST
The company has lost a string of high-profile executives in recent weeks.
Briefing

Bob Iger Returns as Disney CEO, Chapek Out

Nov 20, 2022 · 7:58pm PST
Disney's reshuffling of its leadership comes as the company has shown steep losses from its streaming business.
Briefing

FTX Owes Top 50 Creditors More Than $3.1 Billion

Nov 20, 2022 · 5:56pm PST
The 10 largest creditors of the bankrupt crypto exchange each have more than $100 million in unsecured claims.