UK Orders Meta to Sell Giphy
Meta, formerly Facebook, had completed the $315 million deal but hadn't integrated Giphy while the antitrust probe was underway.
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The Information AM
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Recent Editions
China’s Government Proposes Rules to Protect Ride-Hailing Drivers’ Rights
The new guidelines come amid the Chinese government's harsh regulatory crackdown on ride-hailing giant Didi Global.
Hashicorp Sets Pricing Range Valuing it at $13.5 Billion
The proposed pricing range is more than double the valuation at which Hashicorp last raised money privately.
Clearlake Capital Group Acquiring Quest Software for $5.4 Billion
Quest Software was once a key part of Dell Technologies' strategy to offer both software and hardware, and now it's focusing on identity management.
Bannon Benefitted From Google Ads Loophole
Former Trump advisor Steve Bannon’s website found a way to collect ad revenue from Google despite being banned from YouTube, ProPublica found
Dorsey Steps Down as Twitter CEO
Dorsey has been CEO since 2015, presiding over an uneven performance in the company's revenue growth.
U.K. Regulator Expected to Block Meta’s Acquisition of Giphy
Meta has completed the $400 million deal but hasn't yet integrated Giphy while the investigation was underway.
Disney+ in Hong Kong Drops ‘Simpsons’ Tiananmen Square Episode
It appears to be a case of self-censorship in the wake of a stringent national security law and a film censorship law in the territory which is ruled by China.
Tech Stocks Fall as New Covid Variant Leads to Market Sell-Off
Tech stocks dropped sharply amid a market-wide sell-off on Friday triggered by news of a new Covid-19 variant discovered in South Africa.
Italy Fines Google And Apple In Latest US Tech Fines
The latest fines show that U.S. tech firms will continue to be penalized by individual European nations in addition to the European Commission.
Quarterly Results From Meituan and Pinduoduo Highlight Challenges for China Tech
Chinese tech giants are grappling with the country's slowing economic growth and Beijing's harsh regulatory crackdown on the internet sector.
China’s Government Asks Didi Global to Devise Plan to Delist From U.S.
A delisting would be a drastic outcome for Beijing's harsh crackdown on the Chinese ride-hailing giant that began nearly five months ago.
China’s State-Owned Firms Restrict Use of Tencent Messaging App
The move comes as China's government is increasing its scrutiny of domestic internet giants over data security concerns and other issues.
China’s Government Reviews Tencent’s Planned App Updates, New App Releases
The move is part of Beijing's broader effort to tighten its control over internet companies and make sure their apps are compliant with regulations.
Coinbase Makes Acqui-Hire of BRD Crypto Wallet
Coinbase is beefing up its existing wallet while competitors such as Robinhood introduce their own digital storage products.
AWS Loosens Limits on Moving Data Out of Cloud
Amazon Web Services has faced criticism for the fees it charges when customers move data out of its cloud, and now it is responding.
Instagram Head Adam Mosseri to Testify Before Congress
The head of Instagram has never appeared before Congress before.
Early Meta Employee Blaise DiPersia Leaving Company
DiPersia is one of several Facebook veterans who have announced their departures in the past year.
Amazon in Talks to Acquire Minority Stake in NFL Media Properties
The e-commerce giant, which will soon exclusively stream the NFL's Thursday night games, reportedly wants to get closer to the league.
Indian Lawmakers Call for Regulator Over Twitter and Meta’s Facebook
The proposal for such a panel in one of the world’s largest markets for social media joins similar calls for tighter oversight in other countries.
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