States Appeal Loss of Antitrust Case Against Facebook
The appeal comes days after the FTC defeated Facebook’s bid to toss a parallel case.
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Netflix Raises Prices in U.S., Canada
The question is whether the price hikes will affect the growth of the streamer.
Startup Orca Security Finds Critical Flaws in AWS Cloud Services
Cloud providers haven't yet suffered major security vulnerabilities that affected large numbers of customers, but recent flaws could have changed that.
The FTC Is Investigating Meta’s VR Business, Questioning Third-Party Developers
Acting alongside three U.S. states, the FTC is looking into possible anti-competitive practices in the consumer VR market Meta leads.
Bolt Gets Valuation Lift to $11 Billion
The checkout software firm has raised nearly $1 billion to date, far ahead of its closest rivals.
Google Employees Fretted Over Manipulated Ad Auctions: States’ Antitrust Lawsuit
It’s the latest drip of embarrassing details about the world’s most powerful online ad seller.
Imagine in Talks to Sell Majority Stake to UK Firm for Up to 800 Million
The deal would be the latest in the frenzy of M&A around content studios.
FTX Launches $2 Billion Venture Fund, Taps Lightspeed’s Amy Wu
The company joins other major cryptocurrency exchanges setting up venture funds.
Apple May Push Back Mixed Reality Headset Debut to 2023
An announcement was reportedly planned for June, but may be postponed due to development challenges.
Google Spending $1 Billion on London Office Purchase
The U.K. purchase comes as large tech companies debate when to require workers to come back to the office
U.K. Lawyer Brings $3.2 Billion Class Action Lawsuit Against Facebook
This is yet another challenge for Meta in the U.K., where the company was recently ordered by the antitrust regulator to unwind its acquisition of Giphy.
Alibaba’s Grocery Unit Mulls Fundraising at $10 Billion Valuation
The Hema grocery store chain's fundraising raises questions about whether Alibaba could eventually spin off the unit and list it separately.
Alphabet Lets Subsidiaries Control Employee Compensation
Alphabet has given non-Google subsidiaries the freedom to set their own compensation and job structures.
Twitter Credits Remote-Work Policy For Diversity Improvement
The social-media platform saw a significant uptick in the percentage of its employees who are Black or Latinx in 2021.
Microsoft’s Board Authorizes Sexual Harassment Policy Review
Decision to study the company's sexual harassment and gender discrimination policies and practices comes in response to shareholder vote.
Jan. 6 Committee Subpoenas Meta, Alphabet, Twitter and Reddit
The committee criticized the companies for failing to provide adequate information about their respective actions ahead of the attack on the U.S. Capitol.
Meta Ends Development of Sparked, an Experimental Dating App
Sparked’s end is the latest in a line of canceled projects from Meta’s New Product Experimentation group.
TSMC to Boost Capex Spending to as Much as $44 Billion to Meet Strong Demand
The Taiwanese chip maker said quarterly profit rose 16.4% as revenue rose to 24% to nearly $16 billion.
Chinese Report Says TikTok Aiming For $12 Billion Revenue in 2022
Chinese media outlet LatePost's report on TikTok's revenue target comes as ByteDance tries to boost its
Microsoft Hires Senior Server Chip Designer From Apple
Chip veteran Mike Filippo, who has previously worked at ARM Holdings, could help accelerate Microsoft's custom chip development plans.
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