Apple Announces $60 Billion in App Store Yearly Developer Earnings
2021 set another record for iOS app earnings despite mounting pushback on commissions.
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Two Senior Meta Communications Executives Leave Company
John Pinette, who led global communications, had been with Meta since 2019.
UK Data Watchdog to Hold Talks With Meta Over VR Child Safety
The Information Commissioner’s Office will examine whether Meta Platforms is in compliance with the age-appropriate design code.
Take-Two To Buy Zynga for $12.7 Billion
The acquisition will give Take-Two—maker of such hit games as Grand Theft Auto and Red Dead Redemption—an entry way into the mobile game market.
Alibaba-Backed Startup Huitongda Seeks Up To $1 Billion in Hong Kong IPO
It will be a test of investors' appetite for tech IPOs in Hong Kong amid weakness among publicly traded Chinese internet stocks.
Discovery’s Stock Price Jumps Nearly 17% on Friday
Shares in Discovery soared on Friday after a Bank of America analyst issued an enthusiastic note about the company's acquisition of WarnerMedia.
PayPal Considers Launching Own Crypto
The payments company is exploring the possibility of a PayPal stablecoin.
Reddit Targets $15 billion IPO As Soon As March
Reddit, which helped fuel the meme stock craze that kicked off last year, was privately valued at $10 million in an August funding round.
Andreessen Horowitz Raises $9 Billion for Three New Funds
The fundraise reflects the VC firm’s long-term confidence in the growth of the private tech market.
Katie Haun Looking to Raise $900 Million For Crypto Funds
The fundraise would represent one of the biggest debuts for a new VC firm.
GameStop Enters NFT Frenzy With New Marketplace
The video game retailer is reportedly building its own NFT marketplace as part of a turnaround strategy in a move that should play well with meme-stock investors.
Roku’s Head of Platform Business Departs
Scott Rosenberg is leaving the company at a time when Roku is facing increased competition from the likes of Google and Amazon.
China Ramps Up Pressure on Walmart with Cybersecurity Warning
U.S. companies operating in China are finding themselves in the crossfire as they try to navigate growing political tensions between Washington and Beijing.
NYT To Buy The Athletic for $550 Million
Shares in The New York Times rose nearly 5% after a report by The Information, which the newspaper later confirmed.
Samsung Expects 52% Rise in Quarterly Operating Profit
Samsung's strong results reflect solid demand for semiconductors amid a continuing global chip supply shortage.
Google Barred From Importing Devices Violating Sonos Audio Patents
After two years of public battles, Sonos can rightfully call Google a copycat.
BuzzFeed Puts Complex Leaders in Charge of Revenue
Complex Networks' Christian Baesler is the new COO of BuzzFeed, among several other notable role changes at the company.
Gaming Trade Show E3 Cancels In Person Plans For Third Year
The Entertainment Software Association will again host an online event this summer
Banking App Dave Shares Rise 9% in Public Listing After SPAC Merger
The consumer finance startup is testing the public markets ahead of expected listings from other challenger banks such Chime and Revolut.
U.S. VC Investments Reach $330 Billion in 2021, Doubling Previous Record
Some investors warn of a coming market slowdown in 2022 as startup valuations reach record highs.
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