Tencent’s Payment Service to Reduce Fees for Small Merchants
The move comes amid regulatory pressure as China's government has recently called on food delivery apps to reduce their fees for small businesses.
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Recent Editions
Snowflake Targets Data Scientists With Streamlit Acquisition
With the deal, Snowflake boosts its credibility in open-source circles and gains a potential foothold for more data science-related business.
Amazon Shutters Bookstores to Double Down on Grocery
Amazon plans to close nearly 70 physical retail locations in the U.S. and United Kingdom
AMD makes its Russian sales halt official
The move underscores that an increasing number of U.S. tech companies are treating Western sanctions, which contain exemptions for some civilian sales, as a de-facto Russia sales ban.
Google Asks Some U.S. Staff to Go Back to the Office in April
Many companies take cues from Google and other big tech firms in deciding whether to return to the office.
State AGs Launch Investigation Into TikTok’s Impact on Young Users
A bipartisan group of state attorneys general is probing whether TikTok is harmful to young users.
Fortnite Maker Epic Games Acquires Music Marketplace Bandcamp
The move sees Epic expanding the platform ambitions that have brought it into conflict with Apple and Google.
Netflix Buys Finnish Mobile Game Studio for $72 Million
The entertainment giant continues to make moves into gaming in order to jumpstart subscriber growth.
Google-owned Fitbit Recalls More Than 1 Million Smartwatches
The voluntary move is Fitbit’s second recall of more than a million devices
Biden Demands Big Tech Stop “National Experiment” on Children
The president’s State of the Union Address called for tougher privacy protections, a ban on advertising targeting children and a halt to the collection of personal data from children.
Founder of South Korean Online Game Giant Nexon Dies at 54
Jungju Kim, one of South Korea's wealthiest billionaires, has turned Nexon into a global powerhouse in online videogames.
Dell suspends product sales in Russia
The move could have a big impact on business customers because Dell is a top seller of data center servers.
Salesforce’s Benioff: No Large Deals Until Slack Integration Finished
Salesforce is so focused on integrating Slack with its product lineup that it won't have the bandwidth to pull off major acquisitions for some time, its co-CEO said.
Google Expands YouTube Ban on Russian State-Owned Media Channels Across Europe
YouTube had earlier blocked several Russian channels in Ukraine
Apple halts product sales in Russia after Ukraine invasion
The voluntary move, which was not required by U.S. sanctions imposed last week, is one of the most extraordinary actions yet taken by an American company in response to the invasion.
Meta Platforms Will Demote Russian State Media Posts Worldwide
Content from Russian state media will no longer be recommended to Facebook users.
Crypto Firm Electric Capital Raises $1 Billion Fund
Electric will invest up to $20 million in traditional startup equity or token deals.
Meta Details Plans and Investments for “Metaverse-Ready” Network Infrastructure
In one initiative, Spanish telecom Telefónica is partnering with the company to create a network innovation hub in Madrid.
Baidu Reports Weak Ad Revenue Amid China’s Economic Slowdown
The Chinese search giant said its ad revenue grew only 1% in the fourth quarter, showing how China's economic slowdown is affecting online platforms.
Disney, Warner and Sony Halt Film Releases in Russia
Disney said it was pulling releases of its films in Russia, beginning with Pixar Animation Studios’ "Turning Red."
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