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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.

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Recent Editions

Briefing

Twitter to Pay $809 Million to Settle Shareholder Lawsuit on Growth

Sep 20, 2021 · 10:56am PDT
Twitter had told investors in 2014 that it expected to increase its monthly active user count to 550 million but it stopped reporting the MAU number in 2019, far short of that projection
Briefing

Didi Global’s Co-Founder and President to Leave

Sep 20, 2021 · 7:42am PDT
The report is the latest sign of turmoil at Didi, which was plunged into uncertainty after its June IPO triggered a cybersecurity investigation by the Chinese government.
Briefing

Amazon Says Has “Zero Tolerance” for Wrongdoing After Media Report Alleges Graft

Sep 20, 2021 · 1:22am PDT
The report by a local Indian news outlet said that Amazon had launched an internal investigation into allegations its lawyers bribed Indian officials.
Briefing

ByteDance Puts Limits on Screen Time for Youths in China

Sep 20, 2021 · 1:04am PDT
TikTok’s owner set a limit of 40 minutes a day for people under 14 years of age who use its Chinese app.
Briefing

China Seeks to Reassure Wall Street on Tech Crackdown

Sep 20, 2021 · 12:41am PDT
After Chinese stocks lost $1 trillion in value, top Chinese regulators told American investors that the government didn’t mean to stifle technology companies or the harm private sector.
Briefing

GitLab’s Annualized Sales Top $215 Million in IPO Filing

Sep 17, 2021 · 12:56pm PDT
GitLab, the main competitor to Microsoft's GitHub, revealed strong sales growth and a narrowing net loss in its IPO filing.
Briefing

Instagram Head Criticized Over Comparison Between Social Media and Cars

Sep 17, 2021 · 12:48pm PDT
The comments came after a Wall Street Journal article revealed that Facebook was aware Instagram negatively impacted teenagers' mental health.
Briefing

ISS Recommends Against Zoom Video’s Five9 Offer

Sep 17, 2021 · 9:14am PDT
ISS' recommendation could jeopardize Zoom's hopes of completing the acquisition, whcih was aimed at diversifying Zoom's business
Briefing

JPMorgan’s UK Entry Could Spark More Fintech Dealmaking

Sep 17, 2021 · 8:02am PDT
JPMorgan’s arrival could also kick-off more deal-making in the crowded fintech sector based in London
Briefing

WarnerMedia Offers 50% Discount on HBO Max

Sep 17, 2021 · 7:34am PDT
The pricing promotion comes fresh off HBO Max coming off of Amazon Channels.
Briefing

Google and Apple Remove Russian Opposition-Linked App Ahead Of Elections

Sep 17, 2021 · 7:33am PDT
The tech firms were pressured by Russia but now are being assailed by Russian opposition activists.
Briefing

SoftBank Sells $1.69 Billion of Coupang Shares

Sep 17, 2021 · 2:30am PDT
SoftBank's latest asset sale comes after Coupang's New York-listed stock has declined sharply over the past few months.
Briefing

Murdoch Revives Plans for Fox News-Like UK Channel

Sep 16, 2021 · 8:23am PDT
Murdoch had put the project on ice a few months ago when a rival effort backed by Discovery launched.
Briefing

Chinese Smartphone Giant Oppo Cuts Jobs After Merger With OnePlus

Sep 16, 2021 · 2:27am PDT
Oppo, which competes with Apple and Samsung, is trying to streamline its operations after expanding its workforce rapidly in recent years.
Briefing

China Slows Videogame Approvals After Imposing New Limits on Minors

Sep 16, 2021 · 1:06am PDT
The policy change is likely to slow down game approvals in the world’s largest videogame market and impact Chinese videogame giants such as Tencent and Netease.
Briefing

Didi Sees Steep Decline in Users

Sep 16, 2021 · 12:30am PDT
Aurora Mobile data showed that the number of daily users fell to about 11 million from nearly 16 million in June as competitors sought to take advantage of a government probe into Didi.
Briefing

FTC Continues Maneuvering For Merger Crackdown

Sep 15, 2021 · 3:35pm PDT
The agency rescinded 2020 guidelines for reviewing deals between companies that don’t directly compete.
Briefing

Former AWS Exec Tapped to Lead New Microsoft Engineering Unit

Sep 15, 2021 · 11:32am PDT
Charlie Bell, the AWS veteran who jumped to Microsoft last month, will lead a newly formed engineering group focused on cybersecurity and other challenges.
Briefing

UK Bank Monzo to Introduce Buy Now, Pay Later Product

Sep 15, 2021 · 11:32am PDT
Monzo had tested charging a 19% interest rate for loans of more than three months, although it's unclear whether it will keep that feature in the final product.
Briefing

Goldman Sachs Acquires Buy-Now-Pay-Later Firm GreenSky For $2.2 Billion

Sep 15, 2021 · 8:53am PDT
Goldman's purchase is another sign that banks are looking to make bold bets on the future of buy-now-pay-later loan products after the success of Affirm, Klarna and Afterpay.