Apple Issues Hefty Stock Bonuses to Select Engineers
Employees were surprised to receive the bonuses, which range between $50,000 to $180,000.
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Recent Editions
Coinbase Stock Drops as Crypto Prices Tumble
Coinbase’s stock slumped Tuesday as cryptocurrency prices fell.
Google CEO Pichai Can Face Questions in ‘Incognito Mode’ Suit, Judge Rules
The suit alleges that Google invaded consumers’ privacy by collecting information about their browsing despite their use of the private mode
China’s Meituan, Kuaishou Announce Partnership Amid Tech Crackdown
The increasing interoperability of Chinese tech companies is a focal point of local antitrust regulators, who already have slapped fines on Meituan and others.
Riot Games to Pay $100 Million to Settle Sex Discrimination Claims
The settlement closes one chapter in an ongoing reckoning by big gaming companies over their treatment of women.
Google’s ‘Street View’ Privacy Settlement Upheld by Appeals Court
The ruling shows how digital privacy-related litigation can take years, in this case a decade, to reach a conclusion.
Apple Closes NYC Retail Stores Due to Covid-19 Surge
NYC stores are closed for customer browsing but will offer pickup for online orders
Foxconn Extends Closure of India iPhone Factory After Worker Protests
The incident highlights the challenge Apple faces diversifying production from China to India, where worker unrest is more common.
Didi Indefinitely Blocks Employees From Selling Shares
Employee-owned shares were scheduled to be released from a six-month lockup period Monday, but the lockup was extended without a new end date, according to sources familiar with the decision who spoke to the Financial Times.
Starboard Acquires 6.5% Stake in GoDaddy
Activist investor Starboard Value LP has acquired a 6.5% stake in GoDaddy Inc. that is worth roughly $800 million, according to a filing with the Securities and Exchange Commission on Monday.
NLRB Settlement Could Make Unionization Easier for Amazon Workers
It will likely be easier for Amazon’s more than one million blue collar workers to organize in 2022
Meta Platforms Appeals U.K. Regulator’s Order to Sell Giphy
The parent company of Facebook argues the CMA's decision was "wrong on the law and the facts."
Intel Forced to Apologize After Statement on Xinjiang Suppliers
The chip maker faced backlash after issuing a statement to suppliers that it had to comply with requirements from multiple governments that it not source labor or goods from the region.
Tencent Reduces Stake in JD.com
The social network and gaming giant will distribute $16.4 billion-worth of its shares in the online retailer as a dividend to Tencent shareholders.
FTC’s Amazon Antitrust Probe Expands to Cloud Unit
FTC Chief Lina Khan and her team has been scrutinizing various parts of Amazon's business, and now its cloud computing unit is under the microscope.
Disney Hires Spotify Exec as General Counsel
Horacio Gutierrez has been a vocal critic of Apple and may help Disney go head to head with tech giants.
Biden Administration Spurs Addition of More Covid-19 Test Sites on Google Maps
Google has added thousands of new sites offering free Covid-19 test sites to its map and search products at the urging of the Biden Administration
Amazon Seeks Indian Antitrust Approval to Acquire Major Seller
Amazon is beefing up its presence in India.
European Commission Clears Discovery-WarnerMedia Merger
The approval clears a major hurdle facing Discovery. U.S. regulatory clearance looms, however, as U.S. antitrust authorities have lately taken a much tougher attitude towards big mergers.
China Approves SK Hynix Acquisition of Intel’s NAND Memory Chip Business
The South Korean company said China’s antitrust authorities approved the $9 billion deal.
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